HomeBusinessOberoi Motels patriarch 'Biki', 93, steps down as chairman resulting from well...

Oberoi Motels patriarch ‘Biki’, 93, steps down as chairman resulting from well being points – Instances of India

NEW DELHI: Legendary Indian hotelier Prithvi Raj Singh Oberoi (93) has stepped down because the chairman of EIH Ltd, the flagship firm of the eponymous chain of lodges, “resulting from his deteriorating well being.” The son of group founder Rai Bahadur M S Oberoi, “Biki” — as he’s recognized within the business — was EIH Ltd government chairman since 2002.
His elder brother’s son Arjun Singh Oberoi, government director within the firm for over 20 years, has been appointed as the manager chairman with quick impact, EIH Ltd stated in a press release.
“Biki’s” son Vikram Oberoi will stay EIH’s MD and CEO. He stepped down as chairman from EIH Ltd efficient Might 3, a day after doing the identical from a subsidiary EIH Related Motels Ltd. The group as a complete operates 33 lodges. Of them, EIH Related has in its portfolio Oberoi Cecil, Shimla; Oberoi Rajvilas, Jaipur and Tridents in six cities.
P R S Oberoi is credited with putting Oberoi Motels & Resorts on the worldwide luxurious travellers’ Wishlist by means of the a number of iconic luxurious lodges he opened each in India and overseas. Bestowed with the Padma Vibhushan in 2008, he had established the Oberoi Centre of Studying and Improvement in 1967 given his agency perception that “persons are probably the most useful asset of any organisation.”
Born on February 3, 1929, his imaginative and prescient in growing luxurious lodges and his ardour for “perfection in all points of resort operations helped set the usual for luxurious lodges world wide,” the group stated in a press release, whereas putting “on report his exemplary dedication, ardour, dedication and contribution to the corporate, its company, shareholders and staff. His management and imaginative and prescient will proceed to encourage and information the organisation.”
PRS’ successor Arjun Oberoi has over 30 years of expertise within the resort business. He has labored carefully with the legendary hotelier on planning and growth of quite a lot of Oberoi and Trident lodges.
One among Oberoi group’s senior most administration stage individuals, Shib Sanker Mukherji has been appointed as EIH Related non government chairman from Might 2. Mukherji was vice chairman of EIH Related until Might 1. He has spent over 4 many years within the hospitality business and had joined the board of EIH Related as a director in October 1988.
Kapil Chopra, who was president of Oberoi Group for 5 years until January 2018 after which went on to begin EazyDiner and The Postcard Lodge, stated: “who was At 93, relinquishment is comprehensible as working on the board as chairman is a tricky function contemplating the age. Mr Oberoi is a dwelling legend and an distinctive hotelier and can all the time be a guiding pressure within the firm. Arjun Oberoi is a good selection as the brand new government chairman of EIH. The great half is that he has labored in growth and tasks. There are two parts to operating a resort company-development and operations.”
“The group is understood for operational excellence. However, the larger problem has been that the corporate must open extra lodges and increase throughout geographies. Arjun could be very effectively appreciated within the organisation and he comes from the challenge and growth facet. The important want of the hour for the Oberoi Group is that. Arjun and Vikram can be a profitable mixture and this can be a step in the appropriate course,” Chopra added.

Source link

- Advertisment -

Most Popular

Recent Comments