Anand Burman takes over at Dabur
Dr Anand Burman being appointed as the new chairman of homegrown FMCG major Dabur India.
Mr Burman who was so far the vice-chairman of the company replaced VC Burman, who stepped down as director and chairman of the Rs 2,234-crore company. Amit Burman, who was earlier heading the wholly-owned subsidiary Dabur Foods, has been appointed as the new vice-chairman of the company. Mohit Burman, who spearheaded Dabur India’s Rs 143-crore acquisition of Balsara Hygiene and Home Care over a year ago, has been inducted as full-time director on the board.
Commenting on the changes, outgoing chairman VC Burman said, in a statement: “The reconstitution of the board will provide renewed vigour to Dabur India’s ambitious growth charter, and give the younger generation an opportunity to contribute towards strengthening its position as a global leader in the health and wellness spectrum.”
The newly-inducted chairman Anand Burman said: “Dabur India is clearly on a high growth path and continues to grow at a fast pace. I am confident that this team will continue to deliver sustainable results in the long term.” The 55-year-old Anand Burman is the son of Dabur India’s chairman emeritus, AC Burman. Amit is the son of late GC Burman, who died in 2001. Mohit is the son of outgoing chairman, VC Burman. While AC Burman and VC Burman are brothers, GC Burman was their cousin.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.