Founder & CEO
Ishrat Kiani is the President and CEO of Royal Arc Developments. He is a prominent Real Estate Developer and Broker based in Ontario.
As a visionary entrepreneur, Mr. Kiani is highly recognized as an industry leader. He specializes in land development, construction of residential subdivisions, mid to high-rise/mixed-use residential, retail, commercial and custom homes. His dedication and visionary approach has resulted in exponential growth and Royal Arc Developments Inc. has become one of the fastest growing real estate development companies in the GTA and surrounding areas.
Mr. Kiani has proven entrepreneurial background in launching and operating successful companies in real estate, and financial industries. His broad experience provides great insights into everyday strategic planning and operations. Over a period of time he has assembled teams of professionals in various fields of activity.
Mr. Kiani is actively involved in the real estate market since 2002, and has special interest in new condo development. Over the years, he has developed a close relationship with the major new condo developers and earned VIP status, enabling his team to obtain first rights of selection of units before the foundation is laid. This means their clients have first choice of suites in the proposed new development, benefit from the VIP prices, and save thousands of dollars.
Being well versed with financial planning, he leads the company with a full gamut of financial solutions tailored to a client’s needs.
Muhammad Azam is the CFO of Royal Arc Developments. He has vast experience in the fields of finance, insurance, development finance and Islamic finance, and is currently based in Ontario.
As the CFO of a Jeddah based multilateral financial institution for over 18 years, Mr. Azam supervised its investing, budgeting and accounting functions. As a member of the management team, reporting to the CEO and the Board of Directors, he also supported the functions of risk management, underwriting, internal audit, IT and business development.
He also served as an independent member (endorsed by Saudi Arabian Monetary Agency) of the Audit Committee of an insurance firm, based in Saudi Arabia, for over 4 years. In this role, he was advising the management on accounting, auditing, financial, investment, risk, compliance, IT, corporate governance and other management issues.
Previously, he served in petrochemical, hospitality, education, real estate, market research as well as financial and management consultancy sectors in Saudi Arabia and Pakistan. He earned his first MBA (in Finance) from IBA, University of Karachi (1984); and second MBA (in MIS) from Florida State University (1990)
Shoaib Khan holds a Bachelor of Engineering degree and has vast experience in project management at local and international levels.
He started his career with Royal Arc by supervising small scale construction projects, and has gained experience with time to supervise fewer than hundred town houses project in Ontario. He has acquired hands on experience in the areas of land acquisition, and preparing its development and construction phases within the targeted time line. He is well versed in dealing with all the major municipalities in and around GTA, for obtaining approvals and building permits.
Shoaib Khan is backed by strong credentials of project management and a proven history of on-time, on-budget, and high-quality project completions. He oversees all phases of projects including planning, design, and construction. Currently he is supervising a multi-unit housing sub-division project in the town of Simcoe, Ontario.