mumbai bengaluru vbhc value homes formerly known as value and budget housing corporation has appointed ravi ramu as chief executive officer and managing director with effective from february 1 2016 the company said in a statement ramu chartered accountant and a member of the institute of chartered accountants of england and wales has earlier worked with kpmg india where he was a founder and senior partner his other previous employment experiences includes stints with mphasis where he was the cfo with bennett coleman and with the puravankara group where he was the cfo and director respectively most recently ramu was a mentor and head international markets of grant thornton india he will continue to be on grant thorntons advisory board i am looking forward to this truly pathbreaking opportunity to lead vbhc value homes in a journey that is pioneering and building on an idea whose time has come i am particularly happy to be focussed on meeting exacting customer demands in a market segment that has immense potential i am hopeful and confident that i can play a significantly positive role in achieving the promise that vbhc value homes represents said ravi ramu ramu will be replacing p s jayakumar who has moved to bank of baroda ravi joins us at a time when vbhc value homes has attractive diversification plans in the areas of affordable rental housing ecofriendly upscale projects and overseas projects besides plans for venturing beyond metros into other urban agglomerations said jaithirth jerry rao chairman of vbhc value homes we are confident that ravi will play a vital and extremely positive role in engaging with all our important constituencies our customers employees suppliers and present and prospective investors vhbc counts hdfc ifc carlyle van herk groep and caspian advisers among its investors and has large scale expansion plans including promise to deliver 18000 homes in the next few years as it expands its national footprint across india