RE: Not Sure26 Feb 2020 17:49
My post on Feb 16th now looking prophetic. Wonder if the Fibablr CEO will be next out the door?
One RNS from either triggering a large rise or fall to be fair. I would not like to be short or long on either NMC or Finablr at the moment, the governance issues following Dr Shetty revelations did for me as a long holder, especially as he personally mentored both brothers who are now CEOs of NMC and Finablr.
https://corp.uaeexchange.com/news-updates/1199-nmc-rising-giants-the-manghat-brothers-journey-to-the-top
Business is Beyond Surplus
The Manghat brothers attribute their success to a delicate blend of asset identification skills, business conceptualization, corporate governance, transparency, fundraising, strategy formulation and employee care. Their secret to success is the fine art of corporate negotiating skills something that they continue to imbibe to this day from their mentor Dr B R Shetty and skilfully combine them with their astute financial wisdom.
Prasanth and Promoth, regardless of their feats in their respective businesses, say they are grateful to Dr B.R. Shetty for providing the right opportunity at the right time. Both brothers clearly see Dr Shetty as not their boss but a very helpful mentor. The businessman’s ability to perceive growth beyond profits and his foresight are his mantra for success, says Promoth. According to Prasanth, the business mogul’s ability to analyse a person’s capability and to lead without unduly pressuring his employees are Dr Shetty’s strong traits.
As two sides of the same coin, the Manghat brothers continue to take NMC Healthcare and UAE Exchange to further heights but hold their mentor’s advice of looking beyond profits close to their hearts and minds