Dr. Ronald Colaco

Having ancestral roots in Moodbidri, Mangaluru, Dr. Ronald Colaco is an NRI businessman based in Dubai.

Many dream but there are a few who have in it them to turn those dreams into reality. Clarks Exotica’s Managing Director, Mr. Ronald Colaco is one of them. A man with a vision, and an unwavering determination to achieve only the highest pinnacles of success, Mr. Colaco is an inspiration to all aspiring entrepreneurs.

A well-read and well-traveled personality, Dr. Colaco started his professional career in Oman in 1975 as an accountant. Over the next few decades, he worked with some of the biggest companies across eight Gulf and European countries, climbing the hierarchical ladder head of accounts and administration and financial controller.

Mr. Colaco also got the honor of being elevated as commercial CEO for a consortium of 3 multinational corporates that were CCICL based in Greece, Mannesmann of Germany, and Saipem of Italy, which is involved in turn-key projects such as the construction of world-class petro-refineries, gas processing and re-injection plants, townships, and airports.

Combining all the learnings he attained over more than three decades from his diverse work portfolio at some of the leading global companies, he took the entrepreneurial route in 2007 by establishing Clarks Exotica Convention Resort & Spa established in the city of Bengaluru. It is Bengaluru’s preferred destination for corporate conventions, weekend getaways, and wedding destinations. The resort has 144 aesthetically designed rooms and suites. Its Ocean Convention Center, spread over 50,000 sq ft, is one of Bengaluru’s largest event spaces. Through his business acumen, hard work, dedication, and disciplined approach, Ronald Colaco has become a successful entrepreneur of great repute.

He has been very active in promoting socio-cultural, charitable, and philanthropic activities in his endeavor to give back to the society that he has come from, in a big way.

One of the most celebrated philanthropic efforts of his has been the donation of a hightech govt school in Bengaluru, last year.

Dr Colaco has been the recipient of several national and international awards in recognition of his charitable and philanthropic activities, as well. His many noteworthy laurels include the prestigious award from the office of The Prime Minister of Australia through CSIA which conferred the “2015 International Recognition Award for Leadership in Service Excellence” at the Australian Service Excellence award ceremony held in Melbourne in 2015, the only person chosen for this prestigious award internationally from among 80 countries. He was also recently awarded the NRI of the Year -2018 by Times Group in Mumbai.

His legacy sets a powerful precedent in society, narrating an unsaid tale of success and goodwill. Several young kids see him as their inspiration and will surely grow up to become a great asset to the city’s as well as the country’s economy and society.

 

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