Hari Mohan Bangur
Hari Mohan Bangur (born 1952/53) is an Indian businessman, the managing director (CEO) of Shree Cement.
Hari Mohan Bangur | |
|---|---|
| Born | 1952/1953 (age 67–68)[1] |
| Nationality | Indian |
| Education | IIT, Mumbai |
| Occupation | Businessman |
| Title | CEO, Shree Cement |
| Children | 1 son |
| Parent(s) | Benu Gopal Bangur |
Early life
He is the son of Benu Gopal Bangur, and great grandson of Mugnee Ram Bangur.[2]
He studied chemical engineering at IIT, Mumbai.[1]
Career
Bangur has been a director of Shree Cement since 1992, and is its CEO.[1]
In 2002 Shree Cement was in deep trouble, and he nearly agreed a 50/50 merger with the French cement company Vicat.[3] With his father's approval, he declined the merger and turned things around, increasing capacity ten-fold over a decade, and with the share price rising from Rs 45 ten years ago to Rs 4,500.[3]
As of 2016, the Bangur family owns 65% of Shree Cement.[2]
Personal life
He has a son, Prashant, who is the joint managing director.[3][2]
gollark: Because ECC is slow in CC, by the way, there's a 0.5 second delay before you get a response back from the clients of the notswarm.
gollark: No modem required!
gollark: It should run under CCEmuX, I think.
gollark: It is now tested to not break horribly.
gollark: <@168410986032660480>
References
- Stocks. "Executive Profile: Hari Mohan Bangur". Bloomberg. Retrieved 13 May 2017.
- "Shree Cement's Bangurs Break Tradition To Emerge Among Asia's Richest". Forbes.com. Retrieved 13 May 2017.
- "How HM Bangur Turned Around Shree Cement". Forbes India. 18 November 2013. Retrieved 13 May 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.