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16th Manappuram MBA Award Celebrates 15 Years, Highlights Tamil Nadu’s Leading Business Figures

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The 16th edition of the prestigious Manappuram Multibillionaire Business Achiever (MBA) Award ceremony, conceptualized by Dr. Ajit Ravi Pegasus, was held on 13th August 2024 at Le Meridien, Coimbatore, honoring exceptional business leaders for their significant financial accomplishments and contributions to social welfare. The event, led by Pegasus Chairman and MBA Award FICF Founder, Dr. Ajit Ravi was graced by Padma Shri Dr. D R Karthikeyan, President of the Foundation for Peace, Harmony and Good Governance (Age Care India) and Former Director of the Central Bureau of Investigation as the Chief Guest, with Dr. E Balagurusamy, Chairman of the EBG Foundation and Academic Adviser to the Governor of Jharkhand serving as the Guest of Honour and Dr Kuriachan K A, Former District Governor, Rotary International & International Corporate Trainer. The award winners are Shri Soundararajan Bangarusamy (Chairman, Suguna Foods and Suguna Holdings), Shri C K Kumaravel (Co-founder and CEO, Groom India Salons), Shri V C Praveen (Vice Chairman, Sree Gokulam Group of Companies), Dr. Arun N Palaniswami (Executive Director, KMCH group of hospitals), and Shri V R Muthu (Chairman & Co-founder, Idhayam Group).

Marking the MBA Award’s 15-year milestone the initiative has now expanded to other states to recognize 15 outstanding business leaders . As part of this expansion, five leaders from Tamil Nadu has been honored this time, with an additional ten recipients to be recognized in the coming months, as announced by Dr. Ajit Ravi, FICF founder and Chairman of Pegasus. He also mentioned that moving forward, only one recipient will be selected annually for the MBA Award. The MBA Award, which celebrates individuals with assets surpassing Rs 1000 crore, proudly inducted five new laureates from Tamil Nadu into its prestigious ranks. These distinguished winners are now members of the Federal International Chamber Forum (FICF), an exclusive network of industry leaders with significant assets. The FICF provides a platform for collaboration, innovation, and advocacy, focusing on impactful causes beyond financial achievements.

This year’s awardees join an illustrious group of previous MBA Award recipients, including luminaries such as Shri V P Nandakumar of Manappuram Finance Ltd, Shri Joy Alukkas of Joy Alukkas Group, Shri M A Yusuf Ali who heads the EMKE Group, Shri T S Kalyana Raman of Kalyan Jewellers, Shri P N C Menon of Sobha Developers, Shri Gokulam Gopalan of Gokulam Group, Dr. Ravi Pillai, Founder & MD, R P Group of Companies, Shri M P Ramachandran, Managing Director and Chairman of Jyothy Laboratories, Shri Kochouseph Chitilappilly, Founder, Chairman & CEO of V-Guard Industries Ltd, Shri Sabu M Jacob, MD, Kitex Garments Ltd, Shri Viju Jacob, Managing Director of Synthite Industries Ltd, Dr. A V Anoop, Managing Director, AVA group of companies, Dr. Varghese Kurian, Chairman, VKL Holdings and the Al Namal Group of Companies, Adv Dr P Krishnadas, Chairman & Managing Trustee, Nehru Group of Institutions and Dr. Hafeez Rahman, Chairman, Sunrise Hospitals.

Each member of this esteemed group embodies entrepreneurial spirit and social responsibility, leaving a lasting impact on both the business world and society. As the MBA Award enters its 16th year, the ceremony continues to celebrate business excellence and societal contribution, inspiring future generations of business leaders to follow in the footsteps of these visionaries.

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Celebrating Excellence: The 16th Manappuram Multibillionaire Business Achiever (MBA) Award Ceremony

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On August 13, at the Le Meridien Hotel in Coimbatore, the 16th Manappuram Multibillionaire Business Achiever (MBA) Award will celebrate five distinguished business leaders from Tamil Nadu. This prestigious accolade grants recipients membership in the Federal International Chamber Forum (FICF), an elite network for the world’s wealthiest individuals, each possessing assets of at least ₹1000 crore. The FICF is known for its members’ exceptional business achievements and commitment to social responsibility, encouraging them to use their entrepreneurial prowess for social progress.

Commemorating the MBA Award’s 15-year milestone in Kerala, the initiative now extends to other regions, recognizing 15 leading business figures from each area. This year, Tamil Nadu’s honorees include Shri Soundararajan Bangarusamy (Suguna Foods), Shri CK Kumaravel (Naturals), Shri VC Praveen (Sree Gokulam Group of Companies), Dr. Arun N Palaniswami (KMCH Group of Hospitals), and Shri VR Muthu (Idhayam Group). An additional ten recipients will be acknowledged in the coming months, with Dr. Ajit Ravi, FICF founder and Chairman of Pegasus, announcing a future shift to honoring one recipient annually.

Previous MBA Award winners include Shri VP Nandakumar, Shri Joy Alukkas, Shri MA Yusuff Ali, Shri TS Kalyanaraman, Shri PNC Menon, Shri Gokulam Gopalan, Dr. Ravi Pillai, Shri MP Ramachandran, Shri Kochouseph Chittilappilly, Shri Sabu M Jacob, Dr. Viju Jacob, Dr. AV Anoop, Dr. Varghese Kurian, Adv. Dr. P Krishnadas, and Dr. Hafeez Rahman.

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Global Recognition: Dr. Hafeez Rahman’s Remarkable Career Culminates in MBA Award

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During an evening of festivities and acknowledgment, Dr. Hafeez Rahman, Chairman of Sunrise Hospitals, was honored with the distinguished 15th Manappuram Multibillionaire Business Achiever (MBA) Award at the Le Meridien Hotel in Kochi. The grand affair, on June 9th, marked Dr. Hafeez Rahman’s formal introduction into the esteemed Federal International Chamber Forum (FICF), a select group comprising some of the globe’s wealthiest entrepreneurs. V P Nandakumar, MD&CEO of Manappuram Finance, had the honor of presenting the award. Gokulam Gopalan, Managing Director of Gokulam Group of Companies, and Ajit Ravi, Founder, MBA Awards, FICF Club and Chairman of Pegasus were present on the occasion. 

A globally renowned laparoscopic surgeon, Dr. Hafeez Rahman embarked on his illustrious career in 1992. His visionary leadership led to the establishment of the Sunrise Group of Hospitals in 2005, a testament to his commitment to healthcare excellence. With branches spanning across the UAE and India, Sunrise Hospitals has emerged as a beacon of medical innovation and compassionate care.

Beyond his remarkable achievements in the medical field, Dr. Hafeez Rahman is celebrated for his philanthropic endeavors. Sunrise Hospital, under his stewardship, has initiated numerous community outreach programs and fostering healthy lifestyles among diverse demographics. Dr. Hafeez’s dedication to societal betterment aligns seamlessly with the ethos of the Federal International Chamber Forum.

Dr. Hafeez Rahman’s induction into the Federal International Chamber Forum solidifies his status as a luminary in the global business landscape. As a member of this exclusive guild, comprised of individuals with assets exceeding 1000 crores (Indian Rupees), Dr. Hafeez Rahman joins the ranks of industry titans committed to leveraging their expertise for the greater good. The FICF serves as a platform for collaboration, innovation, and advocacy, championing causes that transcend mere financial success.

Dr. Hafeez Rahman joins a prestigious cohort of previous MBA Award recipients, including luminaries such as Shri V P Nandakumar, Shri Joy Alukkas, M A Yusuf Ali, Shri T S Kalyanaraman, Shri P. N. C. Menon, Mr Gokulam Gopalan, Dr Ravi Pillai, Mr M P Ramachandran, Kochouseph Chittilappilly, Sabu M Jacob, Dr Viju Jacob, Dr A V Anoop, Dr Varghese Kurian, and Adv Dr P Krishnadas. Each member of this illustrious group embodies the spirit of entrepreneurialism and social responsibility, leaving an indelible mark on both the business world and society at large.

The ceremony for the 15th Manappuram Multibillionaire Business Achiever (MBA) Award underscores Dr. Hafeez Rahman’s steadfast commitment to excellence and service. As he takes his place among the esteemed members of the Federal International Chamber Forum, Dr. Rahman’s influence in healthcare, business, and humanitarian efforts remains a beacon of inspiration for future generations.

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Dr. Hafeez Rahman to Receive 15th Manappuram MBA Award

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The 15th edition of the esteemed Manappuram Multibillionaire Business Achiever (MBA) Award is set to honor Dr. Hafeez Rahman, Chairman of Sunrise Hospitals. The award ceremony is slated to be held at the Le Meridien Hotel in Kochi on June 9th. Dr. Hafeez Rahman will also be inducted into the prestigious Federal International Chamber Forum (FICF), a globally renowned club whose members boast assets exceeding 1000 crores (Indian Rupees).

The FICF stands as a distinguished alliance of MBA awardees, lauding exceptional business acumen and aiming to channel their ideas towards societal betterment. It serves as an inspiration for budding entrepreneurs, highlighting outstanding business achievements while actively contributing to social causes.

Dr. Hafeez Rahman, a widely acclaimed laparoscopic surgeon, embarked on his career journey in 1992. He established the Sunrise Group of Hospitals in 2005, which has since expanded its footprint across the UAE and India. Renowned for its community outreach initiatives in schools, villages, and civic bodies, Sunrise Hospital in Kochi is a leading tertiary care multi-specialty facility and a hub for laparoscopic procedures, championing preventive medicine and healthy lifestyles.

Among the illustrious roster of previous MBA Award recipients are prominent figures such as Shri V P Nandakumar, Shri Joy Alukkas, M A Yusuf Ali, Shri T S Kalyanaraman, Shri P. N. C. Menon, Mr Gokulam Gopalan, Dr Ravi Pillai, Mr M P Ramachandran, Kochouseph Chittilappilly, Sabu M Jacob, Dr Viju Jacob, Dr A V Anoop, Dr Varghese Kurian, and Adv Dr P Krishnadas.

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V-Guard founder wrists MBA award

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Business legend Kochouseph Chittilappilly, the founder of V-Guard, was awarded the MBA award 2019 by Manappuram Finance Limited Managing Director V P Nandakumar in a colourful function organised at Le Meridien, Kochi, on 25th December 2019 at 5 PM.

The MBA award is an exclusive business achievement award organised by reputed event conglomerate Pegasus Global Pvt Ltd in association with Unique Times magazine. The award is offered to recognise the contributions of outstanding Malayalee business achievers. Though it is a business achievement award, the parameter to select the winner is not limited to the area of business. It is brilliantly stretched further to include the area of Corporate Social Responsibility.

A winner of the award naturally wins a seat in Federal International Chamber Forum, says Pegasus founder Dr. Ajit Ravi.

The FICF is a guild of the MBA Awardees. Each year the forum gets a new member, as one highly eligible person is chosen for this award every year. Since the FICF is an association of the awardees, the forum is extremely exclusive. It is a rendezvous of great business minds.

The forum is one of the richest forums in the country considering the wealth of its members. Due to the high exclusivity of the forum, very high parameters are installed to conduct the selection procedure. As per the guidelines, the recipient of the award must have assets under management worth not less than Rs. 2,000 crores.

In short, the FICF is a group of outstanding business achievers, who are respected for their contributions in the business and social service sectors.

So far, at least eight persons have received this award. M P Ramachandran, the Managing Director and Chairman of Jyothy Laboratories, is the previous’ years’ winner. V P Nandakumar, the MD and CEO of Manappuram Finance, Joy Alukkas, the Chairman of Joy Alukkas, M A Yusuff Ali, the MD of Lulu group International, T S Kalyanaraman, the Chairman and MD of Kalyan Jewellers, P N C Menon, the Founder and Chairman of Sobha Group, Gokulam Gopalan, the Founder and Chairman of Gokulam Group of Companies and Ravi Pillai, the Founder and MD of R P Group of Companies, are the other winners.

Mr. Chittilappilly, the legend who wristed the award this time, is a highly successful businessman based in Kerala.

His brand has climbed many stairs past its humble beginning as a trusted stabiliser brand. Under this brand name, now a wide variety of products are sold, from solar water heater, fans, pumps and mixer grinder to induction cooktop.

Making use of the possibility of diversification to its fullest, the businessman has successfully tested his luck in several other sectors also.

The group runs two amusement parks – one, in Kochi, and other, in Bengaluru. It is also into the real estate sector.

Mr. Chittilappilly is an admirable person. He is a highly enthusiastic philanthropist. He is living with one kidney; one of his kidneys was donated to a poor truck driver, setting a clear example for his followers to follow.

He is the recipient of several prestigious awards, including the Samman Pathra Award for top income tax payer.


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