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Board & Key Personnel





Rajan Sahay – Group Chairman 
Rajan graduated in Economics and History from Oxford University before joining a consultancy firm in London UK working in Mergers and Acquisitions.  Rajan subsequently moved to Boston USA where he advised Fortune 500 companies in marketing strategy.  In 1994 he acquired a small building company, Obrana Construction, in Portugal.  Over a 20 year period Obrana has built and renovated over 300 properties and is now recognized as a leading real estate company on the Silver Coast.  The past 5 years has seen Obrana Group expanding its activities both on a national and international level through a series of joint ventures and partnerships.


Rui Alpalhão – Advisor to the Board 
Rui is CEO of Fundbox, a company that manages close to half a billion euros for 12 institutions, and member of the Portuguese Stock Index Committee at Euronext Lisbon.  Prior to this he was head of research of two brokerage houses, owned by Banco Sottomayor (today part of Millennium BCP, Portugal’s largest listed bank) and Caixa Geral de Depósitos, Portugal’s largest unlisted bank.  As well as holding a PHD in finance Rui teaches Finance and Economy. His Research was published in the Portuguese Review of Management Studies and Applied Financial Economics.  Rui assists Obrana Group in all corporate finance activities.


João Caiado Guerreiro – Advisor to the Board 
João heads one of Portugal’s largest and most respected law companies. João assists Obrana as its principle legal counsel and is a cofounder of the Portuguese Indian Chamber of Commerce. He completed his LLM at Kings College and in addition to his commercial activities he is Professor of Real Estate Law at the ISCTE University Lisbon


Humberto Leal – Advisor to the Board 
Humberto headed one of the largest Tourism Consulting companies in Europe and has over 30 years of experience working in the tourism sector worldwide.  He has held countless key roles including: Chief Advisor to the Secretary of State of Tourism (Guinea-Bissau); President of the Board of Directors (Portuguese Tourism Forum); Board Member (APECA); Board of Directors (CNET).  Humberto assists Obrana Group on resort, hotel and tourism related activities.