MRG Group Elevates Narahari Rao to Role of CEO
Narahari Rao is recognised for his ability to align financial strategy with business vision. He has successfully led initiatives focused on enhancing profitability, improving capital productivity, and optimising cash flow management. His strategic insights and leadership have played a key role in supporting MRG Group’s growth ambitions in the Hospitality and Real Estate sectors, while reinforcing a strong culture of financial discipline.
By SOH Edit Team
MRG Group, a diversified business conglomerate with interests in real estate, premium hospitality, and infrastructure, has announced the elevation of Narahari Rao to the role of Chief Executive Officer (CEO). This leadership transition highlights the Group’s strategic commitment to integrated growth, operational excellence, and long-term value creation.
Previously serving as the Group’s Chief Financial Officer, Narahari Rao brings over two decades of expertise in financial strategy, business planning, and cross-functional leadership. At MRG, he has been instrumental in institutionalizing robust financial systems, driving cost optimization, strengthening governance frameworks, and aligning capital strategies with the Group’s business priorities. As CEO, Rao will lead MRG’s overall strategic direction, integrating goals across verticals and accelerating performance in its core sectors.
Rao’s elevation signals a significant step in MRG Group’s leadership evolution, aligning with the company’s vision for sustained growth and its continued commitment to core values.
Narahari Rao, Chief Financial Officer, MRG Group
This is more than a role—it’s a responsibility to lead a legacy built on values, vision, and resilience. MRG Group’s expansion strategy is primarily focused on strengthening its presence within India. We have plans to increase our portfolio to over 3,500 keys by 2035, combining properties under the Goldfinch brand with strategic partnerships involving international brands. I look forward to walking this path together with our teams, partners, and stakeholders —with clarity, conviction, and a commitment to long-term value.
Narahari Rao
Chief Financial Officer, MRG Group
