Shivinder Mohan Singh

Shivinder Mohan Singh is an Indian businessman and erstwhile billionaire with Fortis Healthcare, Religare, and Ranbaxy Laboratories. Singh was the non-executive vice chairman of Fortis Healthcare, an Indian company. He is currently under arrest for criminal breach of trust along with his brother Malvinder Mohan Singh. The two have many cases of fraud registered against them.[1][2]

Shivinder Mohan Singh
Singh at the World Economic Forum, 2009
NationalityIndian
Alma materDuke University (MBA)
OccupationBusinessman
Spouse(s)Aditi
Children4

Early life

Singh is the son of Dr. Pravinder Singh, and grandson of Bhai Mohan Singh, the founder of Ranbaxy Laboratories,[3]since merged with Sun Pharmaceuticals Ltd (it was earlier a unit of the Japanese drug maker Daiichi Sankyo).

Business career

Singh and his brother Malvinder Mohan Singh[4] inherited their family's 33.5% stake in Ranbaxy after the death of their father in 1999. In April 2015, they were the thirty-fifth richest Indians, with a net worth of $2.5 billion.[5]

Education

Singh attended The Doon School, and then graduated with a BA (hons.) in mathematics from St. Stephen's College, Delhi; he holds an MBA with specialization in health sector management from the Fuqua School of Business of Duke University in the United States.[6]

Personal life

Singh lives in New Delhi with his wife Aditi S. Singh[7] and their four sons.[8] On 24 September, during the AGM of Fortis Hospitals, Singh announced his resignation and handed control of the hospital chain to his brother.

Arrest

As of 1 November 2019, Singh, along with his brother, remains under arrest as his judicial custody has been extended until 14 November 2019.[9] On 12 December 2019, A Delhi court rejected his bail plea in a case related to alleged misappropriation of funds at Religare Finvest Limited (RFL).[10][11]

References


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