The board of CapitaLand India Trust CY6U Management has appointed Gauri Shankar Nagabhushanam as Chief Executive Officer (Designate) with effect from May 16 as part of its succession planning. Nagabhushanam is currently Chief Executive Officer, India Business Park, at CapitaLand Investments. He will succeed Sanjeev Dasgupta, the current Chief Executive Officer of CapitaLand India Trust's trustee-manager, around August 2024. Dasgupta continues to be CLI’s Chief Executive Officer for India.