Zed Sanjana has been appointed CEO of Quest as Executive Chairman Paul Constantinou steps-back.
Constantinou has been CEO and Chairman since he founded Quest Serviced Apartments 25 years ago and says the time is now right to step back and let a CEO guide the company during its next phase.
Sanjana has held the position of Quest’s General Manager since 2011 and Constantinou, who will remain as Executive Chairman, says he is the right man for the job.
He also said that due to the rapid expansion of the business over the last decade, it has become important to separate the roles of CEO and Executive Chairman.
“There comes a point in the life-cycle of every successful business when rapid growth means you must take stock and work out the best way for the business to move forward,” he said.
“This appointment will enable me to focus on the strategic direction and growth of the Quest Franchise Network, whilst Zed and his team oversee the day-to-day operational aspects of the business.
“We now have a network of more than 150 properties across Australia, New Zealand and Fiji – and we continue to grow at a rate that requires more than one person to manage the future of the business,” Constantinou said.
He said Quest is now in a strong position for Sanjana to confidently take over the reins.
“Zed Sanjana has been a crucial part of assembling a management team whom I am confident will continue to drive the ongoing growth and success of the Quest Group for Franchisees, Employees and all other stakeholders into the future,” he said.
Sanjana said he was looking forward to a new challenge.
“The Quest brand is already one of the strongest among business travellers,” he said. “My appointment now leaves Paul free to accelerate the company’s growth while I manage and balance the needs of our franchisees, employees and guests.”