Mr. Mohit Burman appointed Vice Chairman
New Delhi, July 19, 2019: The Board of Directors of Dabur India Ltd today approved the appointment of Mr Amit Burman as the Chairman of the company. Mr. Amit Burman, who is the son of late Mr. Gyan C Burman, replaces Dr. Anand C Burman, who stepped down as Director and Chairman of the Rs 8,533-crore company. The Board also approved the appointment of Mr. Mohit Burman as the Vice Chairman and the induction of Mr. Aditya Burman as a non-executive additional director on the board.
The board further announced that Dabur’s former Chief Executive Officer Mr. Sunil Duggal has resigned from the board with effect from today.
Mr. Amit Burman, who had been serving as vice-chairman of the company, had spearheaded Dabur's foray into the packaged foods business with the launch of packaged fruit juices under the brand Real. Amit had established Dabur Foods as a wholly-owned subsidiary of Dabur and took on the responsibilities as the CEO of this venture. He had stepped down as the CEO of Dabur Foods when the company was merged into Dabur India Ltd in July 2007, and was then appointed the Vice Chairman of Dabur India Ltd. He is also a leading restaurateur having set up a food retailing venture Lite Bite Foods, which today has a network of over 100 restaurants across the globe.
Mr. Mohit Burman is the driving force behind the Burman family's foray into several high-growth and sunrise sectors of Financial Services like Life Insurance, General Insurance, Asset Management and Sports.
Mr. Aditya Burman, a 6th generation member of the family that founded Dabur over 135 years ago, is a Chemistry Graduate from the University of Kansas (US). Mr Aditya Burman returned to India after completing his studies in 2003 and joined Dabur Pharma Limited, a family-owned Oncology-focussed Pharmaceutical firm. He was in charge of its Sales and Marketing in Latin America. He is also a Director on the board of Oncquest Laboratories Ltd., a Clinical Pathology and Molecular Diagnostics company with a focus in Oncology and Genetics. He also serves on the board of Dabur Nepal Pvt Ltd, besides being the President of the Delhi Chapter of Entrepreneurs’ Organization, a global network exclusively for entrepreneurs.
For further information, Contact:
Byas Anand
Corporate Communications
Dabur India Ltd
9811994902
