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Farook Qazverthi

Farook Qazverthi · Chief Operating Officer · India

From the service desk to the mixed property portfolio

I

Chief Operating Officer

Qerzamthi Parking Estates

May 2021 — Present

Sector
Off-street parking facilities and property-owner management services
Ownership
Founder 52%; employee vehicle 28%; private investor 20%; personal 0.08% within employee allocation
Company scale
₹54 crore FY ending March 2026: ₹38 crore leased-site parking and ₹16 crore management/other services
Employees
208 at March 2026; external contractors separate
Geography
Hubballi base and a fictional regional ten-site portfolio
Reporting to
CEO Anita Teqzomvi
Team
136 operating employees through five managers
Financial scope
₹33 crore FY2026–27 operating expense; separate ₹4.2 crore board-approved capital programme

Mandate

Connect the service promised at leased and managed facilities with the resources and authority available to provide it.

Outcomes

  • Separated matched, pending and disputed merchant-validation claims.
  • Organised an authorised response to vehicles remaining beyond their agreed period.
  • Funded the customer transition at a closing leased facility.
  • Declined a management proposal with a ₹14 lakh forecast direct-expense gap.

Decisions in context

The COO role brought responsibility for 136 operating employees through five managers in a 208-person enterprise. The current ten-site portfolio is the March 2026 portfolio, after the earlier closure and later portfolio changes; it is not the exact set operating at the time of that closure. Company revenue excludes parking receipts belonging to separate property owners. I report to Anita and work with Dev, who coordinates the relevant technical owners. The operating expense and separate capital programme describe delegated responsibilities, rather than personal authority over every company commitment. My cases retain disagreements and incomplete responses because a service does not become complete merely when an internal action has been recorded. I hold a small personal interest within the employee vehicle but no statutory board seat. An outside appointment would require separate preparation, relationship review and a credible account of time alongside this executive obligation.

Reason for the move

Current executive role, with possible first-board exploration after preparation.

II

Head of Operations

Qerzamthi Parking Estates

Jan 2015 — Apr 2021

Sector
Leased and managed off-street facilities
Ownership
Private regional enterprise
Company scale
₹39 crore FY ending March 2016
Employees
157 in FY2016
Geography
Regional property-service portfolio
Reporting to
Then Chief Executive Officer
Team
Ninety-one operating colleagues
Financial scope
₹22 crore annual operating expense

Mandate

Run the facility service and make the consequences of operating changes visible to executive management.

Outcomes

  • Supported the app-only assumption later shown to exclude some selected visitors.
  • Reviewed 160 visits, distinguishing eighteen assisted visits and thirteen departures among thirty-one app difficulties.
  • Funded a staffed alternative at ₹31 lakh annual expense plus ₹9 lakh setup.

Decisions in context

I led ninety-one colleagues within ₹22 crore annual operating expense. The enterprise had 157 employees and ₹39 crore FY2016 revenue, which should not be confused with my delegated budget. The formative decision in this role was the app-only service assumption I supported in 2018. A selected observation showed that some customers could not complete the preferred route. The subsequent assistance cost belonged beside my original recommendation, not in a story about unreasonable customers demanding exceptions. I learned to examine the point where a person tries to use the service, while retaining the need for secure and workable administration. The review did not establish a population-wide exclusion rate or identify a demographic cause. That more bounded understanding informed the later COO remit, where the service promise also had to be reconciled with property ownership and contract economics.

Reason for the move

Promoted to COO with wider enterprise operating responsibility.

III

Regional Operations Manager

Qerzamthi Parking Estates

Sept 2007 — Dec 2014

Sector
Regional off-street facility operations
Ownership
Private regional company
Company scale
₹24 crore FY ending March 2008
Employees
106 in FY2008
Geography
Hubballi-led regional facilities
Reporting to
Operations director
Team
Forty-two colleagues
Financial scope
₹7.4 crore annual operating expense

Mandate

Coordinate facility responsibilities across a regional portfolio with differing property arrangements.

Outcomes

  • Connected site-level questions with the responsible company and property-owner decisions.
  • Developed an operating account that distinguished service expense from receipts belonging to other parties.
  • Built regional management experience before leading the operating function.

Decisions in context

The move to Qerzamthi introduced a portfolio of off-street facilities rather than a single familiar service setting. I led forty-two colleagues under the operations director, with ₹7.4 crore annual expense. The 106-person enterprise recorded ₹24 crore FY2008 revenue. I had to understand the particular arrangement at each property before assuming that an operating answer could be copied from another location. Similar physical spaces did not necessarily create the same responsibilities or access to income. This period developed the commercial understanding that later mattered when we considered a management contract whose fee could not fund the proposed service. It also taught me to bring property and technical owners into the question early. The regional title did not confer engineering authority or a right to decide disputes that required a different professional judgement.

Reason for the move

Promoted to head of operations after seven years in regional responsibility.

IV

Facility Supervisor

Veqzomri Commercial Services

Jun 1999 — Aug 2007

Sector
Commercial facility-service support
Ownership
Private enterprise
Company scale
₹19 crore FY ending March 2000
Employees
Ninety-two in FY2000
Geography
Regional commercial properties
Reporting to
Regional services manager
Team
Sixteen colleagues
Financial scope
₹1.2 crore annual operating expense

Mandate

Supervise customer-facing service and connect staffing with the undertaking agreed at each property.

Outcomes

  • Managed a small facility-service team and its operating expense.
  • Learned to identify which owner could authorise a change in service.
  • Developed practical supervision before moving into regional portfolio management.

Decisions in context

Supervision brought sixteen colleagues and ₹1.2 crore annual operating expense, while the regional services manager retained wider authority. Veqzomri employed ninety-two people and recorded ₹19 crore FY2000 revenue. The central lesson was that staffing could not be understood independently of the promise made to the customer or property owner. An additional request might be sensible, but somebody needed to decide whether it belonged within the existing service and how it would be funded. I learned to explain that question without sending the customer through an endless sequence of internal hand-offs. The role remained supervised operating work, with technical and contractual matters directed to the appropriate owners. After eight years I wanted responsibility across a broader portfolio, where those differences could be examined as part of the operating model rather than one site at a time.

Reason for the move

Joined Qerzamthi for a broader regional operating remit.

V

Facility-services Assistant

Veqzomri Commercial Services

Jul 1992 — May 1999

Sector
Commercial property-service support
Ownership
Private regional enterprise
Company scale
₹8 crore FY ending March 1993
Employees
Forty-eight in FY1993
Geography
Regional facility assignments
Reporting to
Services supervisor
Team
Individual contributor
Financial scope
No delegated expenditure or direct reports

Mandate

Support supervised records and customer-facing facility tasks.

Outcomes

  • Prepared routine service records for the supervisor.
  • Learned to distinguish an internal task completion from a customer receiving a usable answer.
  • Built the practical foundation for later supervisory responsibility.

Decisions in context

My first appointment began in July 1992, two months after completing the full-time commerce degree. The enterprise employed forty-eight people and recorded ₹8 crore FY1993 revenue. I had no reports or delegated spending authority, and worked under a services supervisor. Preparing a record could be a complete task for me while the person waiting still needed an answer from another colleague. That observation shaped an early interest in where the service actually became useful. It did not make me responsible for company strategy or qualified to decide a property dispute. Nearly seven years in this supporting role provided the practical experience for supervision. The later executive career should be read with that limited starting authority intact, rather than projecting the current COO remit backwards onto work that was deliberately supervised.

Reason for the move

Promoted after developing facility-service and customer-response experience.

What I am looking for next

I would consider a first board contribution in a property-service or customer-facing infrastructure enterprise where the operating promise needs careful examination. My experience concerns the relationship between an agreed service, its funding and the authority required when a case becomes difficult. It does not substitute for technical qualifications or professional advice on a particular agreement. I have not registered in IICA's director databank or completed the proficiency assessment, and claim no exemption. Those preparation steps and the requirements of an actual appointment need attention before availability is treated as the main question. Eighteen days is a provisional annual allowance to test against reading, induction, travel and exceptional events, alongside the current executive role. I would seek a chair who wants a practical operating perspective within collective oversight and is willing to give feedback on that transition. A first appointment should improve the board's understanding of the undertaking it supervises, not create another manager for individual facility decisions or customer disputes.