Sterling Holidays appoints Manish Jain as its Chief Financial Officer

Chennai: Sterling Holiday Resorts Limited, India’s leading holiday lifestyle company, announced the appointment of Mr. Manish Jain as Chief Finance Officer. In his role at Sterling Holidays, Mr. Manish will be responsible for Sterling Holidays finance, accounting, tax, insurance, and treasury functions.

A Chartered Accountant and a Company Secretary by qualification, Manish is a seasoned finance professional with over 26 years of experience in the hospitality and manufacturing sectors. Prior to joining Sterling, Manish held the position of Finance Director at Fassco International Pte in Abu Dhabi and as CFO at Roots Corporation (Ginger Hotels) He was associated with Taj Hotels for over 8 years. He has previously held key leadership roles at Westin, Ista Hotels, Polar Group and Hindustan Development Corporation.

 

Speaking on the appointment, Mr. Ramesh Ramanathan, Managing Director, Sterling Holiday Resorts Limited, said, “I’m excited to welcome Manish to Sterling as our new CFO. Manish brings in a wide range of advanced financial and commercial experience, gained with some of the biggest hospitality brands. His expertise will prove invaluable, particularly as Sterling continues to expand its portfolio across India at a rapid pace. We are confident that Manish’s addition to our team will add significant value to our future performance and growth across all aspects of the business”.

Mr. Manish added, “I am very happy to be joining Sterling at this exciting stage in the company’s development. Sterling has carved a strong position in the holiday lifestyle space, and I am thrilled to be a part of their next phase of growth”

About Sterling Holiday Resorts Limited

Sterling Holiday Resorts Limited is a leading leisure hospitality and experiential holiday company in India which has been delivering great holidays to Indians since 1986. The company pioneered Vacation Ownership in India and has a network of resorts at some of the best holiday destinations in India. Currently, Sterling has 35 resorts located in Agra, Anaikatti, Corbett, Dabhosa, Daman, Darjeeling, Dindi, Dharamshala, Durshet, Gangtok, Goa, Jaipur, Kanha, Karwar, Kodaikanal, Kufri, Kundalika, Lonavala, Manali, Munnar, Mussoorie, Mysore, Nainital, Ooty, Puri, Sajan, Sariska, Shirdi, Thekkady, Wayanad, Yelagiri and Yercaud. The company also has 14 additional sites where it plans to add new resorts in the coming years. Sterling Holidays also owns ‘Nature Trails Resorts Private Limited’ - an adventure holiday company that operates resorts at four unique destinations in Maharashtra.

Sterling Holiday Resorts Limited is a 100% independently managed subsidiary of Thomas Cook (India) Limited (TCIL), India’s leading integrated travel and travel related financial services company. TCIL is a part of Fairfax Financial Holdings Limited, a $43 billion global investment and insurance holding company, headquartered in Toronto, Canada.


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