Mohit Burman

Mohit Burman [3] is an Indian businessman. He is currently the managing director of Elephant Capital plc,[4] a public limited company, listed on the Alternative Investment Market of the London Stock Exchange.

Mohit Burman
NationalityIndian
Alma materRichmond College
OccupationBusinessman
Known forDirector of Dabur India Ltd.
Chairman of Aviva Life Insurance Company India Ltd.[1]
Co Owner of Kings XI Punjab[2]

He is also promoter and director of Dabur India Ltd.[5] Mohit is also a co-owner[6][7] of the Indian Premier League cricket team Punjab Kings along with businessman Ness Wadia and actress Preity Zinta.

Early life and education

After completing his schooling from Highgate School, London, he graduated from Richmond College, in Bachelor of Arts, Business Administration and Economics (Double major: Marketing and General Management) and subsequently completed his Master of Business Administration degree, in Finance from Babson Graduate School of Business, Massachusetts.[8]

Career

Burman started his career with Welbeck Property Partnership London and then joined Dabur Finance Ltd., a company specializing in fund and fee-based financial activities, as Senior Manager. He worked in the group's financial services businesses including asset management, life insurance and pensions by setting up an insurance company with the UK's largest insurance company, Aviva.[9] His family in November 2011[10] had established a joint venture with Espírito Santo Investment Bank to set up an investment banking company in India.

Burman has also been actively involved in expanding Dabur India's presence in overseas markets, and was involved in the acquisition of Balsara Hygiene and Home Care businesses for Rs. 1.43 billion by Dabur India Ltd. on 27 January 2005.[10]

Board memberships

Mohit also holds board membership[11][12] of different other companies like Federation of Indian Chambers of Commerce & Industry, Dabur International Limited, Universal Sompo General Insurance Co. Ltd., KPH Dream Cricket Pvt. Ltd (Kings XI), Aviva Life Insurance Company India Limited,[13] Markettopper Securities Pvt. Ltd., Elephant India Advisors Pvt. Ltd., Caterham Cars Pvt. Ltd, H&B Stores Ltd., Espirito Santo Securities India Pvt. Ltd.

Sports

Burman is one of a group of promoters who have formed the cricket team Kings XI Punjab.[14] He also owns the Mumbai Hockey India League Team "Dabur Mumbai Magicians" and the Pune team of the Indian Badminton League.[15][16]

References
  1. "Finance Is The Calling Card For Dabur Scion Mohit Burman". forbesindia.com. 29 October 2014. Retrieved 18 February 2015.
  2. "Delhi Daredevils buy Yuvraj Singh for a Rs 16 crore, bid highest ever in IPL". The Times of India. 30 March 2011. Retrieved 17 February 2015.
  3. "Mohit Burman Bio". in.com. Archived from the original on 22 January 2015. Retrieved 18 February 2015.
  4. "Can Burmans emerge as new force in finance?". Business Standard. 16 January 2013. Retrieved 17 February 2015.
  5. "Mohit Burman Director of Dabur India Ltd". Dabur India Ltd. 30 March 2011. Retrieved 18 February 2015.
  6. "Preity Zinta, Ness Wadia, Karan Paul, Mohit Burman". The Times of India. 2 April 2008. Archived from the original on 23 May 2009. Retrieved 18 February 2015.
  7. "Promoters of Kings XI Punjab". Kings XI Punjab. Retrieved 18 February 2015.
  8. "Mohit Burman Director of Dabur India Ltd. MBA from Babson Graduate School of Business". Bloomberg L.P. Retrieved 18 February 2015.
  9. "Dabur Group's Burmans, Espírito Santo Investment Bank Form JV". Vccircle.com. 15 November 2011. Retrieved 18 February 2015.
  10. "Dabur promoters, Espirito Santo Investment Bank form JV". NDTV. 15 February 2011. Retrieved 18 February 2015.
  11. "Board Membership of Mohit Burman". Dabur. Retrieved 18 February 2015.
  12. "Dabur's Burmans to enter i-banking, broking". Rediff.com. 12 October 2011. Retrieved 18 February 2015.
  13. "Chairman of Aviva Life Insurance India Ltd". Aviva. Retrieved 18 February 2015.
  14. "IPL franchise Kings XI Punjab renamed Punjab Kings". The Hindu. PTI. 17 February 2021. ISSN 0971-751X. Retrieved 3 May 2021.{{cite news}}: CS1 maint: others (link)
  15. "India's Richest Race To Own Sports Teams". Forbes.com. 24 September 2014. Retrieved 18 February 2015.
  16. "Indian businessman Mohit Burman targets Reading FC takeover". getreading.co.uk. 24 May 2014. Retrieved 18 February 2015.
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