Dr. B.R. Shetty
Dr B.R. Shetty is the Executive Vice-Chairman & CEO of NMC Healthcare.
Born in India, Dr Shetty arrived in the UAE in 1973 shortly after the country’s formation. As a trained pharmacist, he opened his first pharmacy in 1975. In 1975 he established the New Medical Centre (NMC), which also included a dedicated dental department.
NMC has since grown to become the UAE’s largest private sector healthcare provider. Today, it has hospitals and clinics across the UAE and treats almost two million patients a year.
Dr Shetty’s other business activities include UAE Exchange, a leading global money transfer and foreign exchange provider, of which he is Managing Director and CEO, and investments in hospitality, food and beverage, pharmaceutical manufacturing and real estate.
Dr Shetty received the Order of Abu Dhabi in 2005, the country’s highest civilian award, for contribution to the development of the community and the cause of the emirate, as well as the Padma Shri Award from the government of India in January 2009.
In addition to his business activities, Dr Shetty is involved in several philanthropic causes. He has supported the development of a medical institution in the north Indian state of Uttaranchal and is the founder and patron of the Indian Pharmaceutical Association in the UAE.
He is a member of the Advisory Board of the Dubai Economic Department’s Financial Sector, Chairman of the Abu Dhabi Indian School, Founder and Vice President of the Swiss Business Council, and Founder of the Australian Business Council, the Canadian Business Council, the Netherlands Business Group and the Philippines Business Council.
Dr Shetty is also a member of the Executive Panel of Dubai’s Pharmaceutical and Health Equipment Trading Business Group under the Dubai Chamber of Commerce and Industry
A passionate cricket fan, Dr Shetty is the former President of the Abu Dhabi Cricket Council and was the Managing Director of the Abu Dhabi Cricket Club from its inception in 1989 until 2006
Dr B. R. Shetty received a Doctorate from Georgia State University, Atlanta, USA and was invited by the Harvard Business School to attend its Owner/President Management programme. He is also a member of the International Advisory Board of Boston University, USA.
Dr C. R. Shetty
Dr. Chandrakumari Raghuram Shetty is the Group Medical Director of NMC Health.
Along with her husband, Dr. B. R. Shetty, she has been a pioneer in establishing and developing the private healthcare sector in the UAE.
Dr. Shetty has been instrumental in establishing Centers of Excellence in various units of NMC Healthcare. She has been actively involved in the conception, planning, design, execution and management of various healthcare facilities besides driving critical healthcare initiatives. Under her leadership, NMC Specialty Hospitals in Abu Dhabi, Dubai and Al Ain have received accreditation from the Joint Commission International (JCI).
Dr. Shetty supervises a diversified multi-cultural workforce within NMC Health comprising of over 500 doctors and 3,000 medical staff. In her present role, Dr. Shetty chairs various committees including Governance, Infection Control, Patient Rights, Care of Patients, Quality and Facility Management.
Despite of her wide ranging responsibilities, Dr. Shetty remains rooted to the basic ethos of the healthcare profession of providing quality care with a human touch to all patients by continuing to remain as a practicing Physician for over three decades.
Mr. Prasanth Manghat is the Deputy CEO and Executive Director of NMC Health..
Mr. Manghat has been with the NMC group for nearly 12 years and is involved in all strategic matters at NMC Health, in addition to retaining an oversight role of the financial function of the Group. He also supports the Chief Executive Officer with planning and execution across both of NMC’s Divisions. The operational heads of both the healthcare and distribution divisions report to Mr Manghat.
In April 2012, as Chief Financial Officer, Mr. Manghat spearheaded NMC Healthcare’s successful listing on the Premium Segment of the London Stock Exchange (LSE). This was a landmark transaction in many ways, being the first UAE company to list on the LSE and raising US$ 187 million in the process. Mr. Manghat has played a major role in the growth of the NMC businesses both prior to and since the IPO.
Mr. Manghat was honoured with the “CFO of the Year” award – 2012 by ICAEW, Middle-East.
He was also conferred with the prestigious award for “Excellence in Finance” by the Institute of Chartered Accountants of India, Abu Dhabi Chapter in Nov, 2012 and “Professional Excellence Award in the Healthcare Sector” by ICAI UAE (Dubai) Chapter in May 2013.
Prior to joining NMC, Mr. Manghat has worked as Credit and Operations Head with Kotak Mahindra Finance, one of the leading non-banking financial institutions in India. A Fellow member of the Institute of Chartered Accountants of India (FCA), Bachelor of Science (1995), MG University, Kerala, India, CIA, ACCA from UK (2004) and pursuing CA (Institute of Chartered Accountants of England and Wales), he has 14 years of experience in management of treasury and banking functions, corporate finance, accounting and financial reporting activities.
Ms. Seema Shetty
Third daughter, Seema, graduated in Bachelor of Science in Business Administration (specializing in Marketing & Entrepreneurship) from Boston University.
Seema’s foray into hospitality started with Zari Zardozi, Abu Dhabi’s first fine dining Indian restaurant. Within its first year of operations, Zari Zardozi was credited with winning multiple awards and accolades.
Her innovative amalgamation of both healthcare needs and hospitality services led her to pioneering products and services providing the perfect solution to a growing public health concern
Dr. M Balakrishnan
Dr. M Balakrishnan is the founder Director of the SUT Group of Hospitals & SUT Academy of Medical Sciences (SUT Medical College). He is also a founder member of Indian Society of Vascular and Interventional Radiology (ISVIR). He started interventional procedures in 1988 and so far, he has performed over 10,000 Angiograms and 5,000 Interventions.
Dr. M Balakrishnan has presented papers in various international forums and is currently working as Consultant Radiologist, at the SUT Hospital, Pattom.