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Amit Burman replaces Anand C Burman as chairman of Dabur India Limited
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Monday, 22 July, 2019, 16 : 00 PM [IST]
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Our Bureau, New Delhi
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The board of directors of Dabur India Ltd has approved the appointment of Amit Burman as the chairman of the company. Amit, who is the son of the late Gyan C Burman, replaced Anand C Burman, who stepped down as director and chairman of the Rs 8,533-crore company.
It also approved the appointment of Mohit Burman as the vice-chairman and the induction of Aditya Burman as a non-executive additional director to the board.
The board stated that Dabur’s former chief executive officer, Sunil Duggal, has resigned from the board with effect from today.
Amit, 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.
He had established Dabur Foods as a wholly-owned subsidiary of Dabur and took on the responsibilities as the chief executive officer of this venture.
Amit 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.
Mohit 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.
Aditya, a sixth-generation member of the family that founded Dabur over 135 years ago, is a chemistry graduate from the University of Kansas, USA.
He 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.
Aditya 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’ Organisation, a global network exclusively for entrepreneurs.
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