The UB Group, according to its size and power, needs appropriate, skillful, and resourceful leaders to keep up with the vast business on all sides of the world and in all industries. They are of course most proud of the flourishing beer business with which the magnate started out, and which is still the number one business among others. Let’s meet the powerful team that stands behind the business and that represents the brains behind the scenes.
The chairman of the vast UB Empire is a businessman and politician Vijay Mallya. He stepped into the footsteps of his father and became the UB Group chairman when he was 28. He used to be a member of the Indian Parliament. He gathered his business experience by working for the USA Hoechst Corporation. He also used to assist his father with the management of the UB Group. Since 2002, he has been a proud member of the UB Board. His work was not left unnoticed, and he received multiple awards for his work.
Nevertheless, times have changed, and Mr. Mallya is not the well-respected businessman he used to be. He deepened the troubles of the UB Group by leaving the various companies in debt while he fled to the UK to avoid prosecution. The management of the UB Group owns over one billion dollars to different banks in India. The banks have filed a petition to the Court which is still pending. Meanwhile, Mallya was arrested in Britain, only a few days ago, and he has not yet been extradited to India.
Mr. Nedungadi is a highly experienced accountant who joined the leading Indian conglomerate in 1990. First, he served as the Corporate Treasurer, but only in two years, he was promoted to Finance Director with the major focus on international businesses and affairs of the company in around 27 countries worldwide. Now, he is the lead CFO. He played a key role in listing several UB Group companies on international stock exchanges, like the London Stock Exchange. He also contributed to a stronger role of the company at the global level which brought significant investors on board.
Thanks to him, the three leading daughter companies surpassed a $5 billion value in market capitalization. His work is also mirrored in a series of awards he gained for his accomplishments. The CFO also serves as a member of different boards not only in India but abroad as well.
Chugh Yoginder Pal
Mr. Pal is a recognized engineer who graduated from the Delhi University. His beginnings refer to the great Hindustan Lever company where he worked his way up the managerial hierarchy. He worked as an executive in production until he reached the corporate materials management. He joined the UB Group Board in 2005 and contributes with his knowledge and experience to the company significantly. He has a thorough knowledge of the Indian business climate and environment which he uses to promote the UB Group. The engineering business of the Group requires a man with all the qualities Mr. Pal has.
Mr. Alagh has worked for many key companies in the country, and currently he is the chairman of SKA Advisors which is mostly dealing with brand building and marketing strategies. Brand building is an important factor in the UB Group since it owns several million-heavy brands which are known worldwide. He was the CEO of Britannia Industries Ltd (1989-2003). His skills and work led the company to be listed on the Forbes 300 Best Small Companies list which opened many doors for the company in international markets. The company was the top food brand during his CEO days. He was also awarded for his contribution to the development of the food processing industry in India. He joined the Board of the UB Group in 2005.
Kiran Mazumdar Shaw
Ms. Shaw is known for running the Bicon company, the leader in biotechnology in India. She contributed to the therapeutic industry by broadening the role of India in international markets. She was ranked among the World’s 25 Most Influential People in Biopharma. She joined the Board of our Group in 2009, but she also sits in other boards and committees.