Mohit Burman
{{short description|Indian businessman|bot=PearBOT 5}}
{{Use dmy dates|date=August 2019}}
{{Use Indian English|date=December 2018}}
{{Undisclosed paid|date=April 2018}}
{{COI|date=April 2018}}
{{Infobox person
| name = Mohit Burman
| image =
| occupation = Businessman
| nationality = Indian
| alma_mater = Richmond College
| known_for = Chairman of Dabur
Chairman of Aviva Life Insurance Company India{{cite news|title=Finance Is The Calling Card For Dabur Scion Mohit Burman|date=29 October 2014|url=http://forbesindia.com/article/india-rich-list-2014/finance-is-the-calling-card-for-dabur-scion-mohit-burman/38913/1|publisher=forbesindia.com|access-date=18 February 2015}}
Co-owner of Punjab Kings{{cite news|title=IPL franchise Kings XI Punjab renamed Punjab Kings |date=17 February 2021|url=https://www.thehindu.com/sport/cricket/ipl-franchise-kings-xi-punjab-renamed-punjab-kings/article33861159.ece|work=The Hindu|access-date=1 November 2023}} and Saint Lucia Kings
}}
Mohit Burman is an Indian businessman. He is the chairman of Dabur, an Ayurvedic and FMCG company.{{cite news |date=13 August 2022 |title=Amit Burman resigns as Dabur chairman, Mohit Burman takes charge |newspaper=Business Standard |url=https://www.business-standard.com/article/companies/amit-burman-resigns-as-dabur-chairman-mohit-burman-takes-charge-122081300029_1.html |access-date=1 November 2023}} A fifth-generation scion of the Burman family, he also led the family's acquisition of a majority stake in dry cell battery maker Eveready Industries India{{cite web |date=20 June 2022 |title=Eveready Industries to augment product portfolio: Mohit Burman of Dabur India |url=https://www.thehindubusinessline.com/companies/eveready-industries-to-augment-product-portfolio/article65545241.ece |access-date=1 November 2023 |website=The Hindu Business Line |publisher=Dabur India Ltd.}} and the family's entry into the life insurance sector through Aviva India. A sports enthusiast, he is also promoter and co-owner of the Indian Premier League cricket team Punjab Kings.{{cite news|title=Preity Zinta, Ness Wadia, Karan Paul, Mohit Burman|date=2 April 2008|url=http://ipl.timesofindia.indiatimes.com/Teams--Profiles/Owners/Preity-Zinta-Ness-Wadia-Karan-Paul-Mohit-Burman/articleshow/2919438.cms|newspaper=The Times of India|access-date=18 February 2015|archiveurl=https://web.archive.org/web/20090523205516/http://ipl.timesofindia.indiatimes.com/Teams--Profiles/Owners/Preity-Zinta-Ness-Wadia-Karan-Paul-Mohit-Burman/articleshow/2919438.cms |archivedate=23 May 2009}}{{cite web|title=Promoters of Kings XI Punjab|url=http://www.kxip.in/page/promoters|publisher=Kings XI Punjab|access-date=18 February 2015}}
Early life and education
After completing his schooling from Highgate School, London, he graduated from Richmond College, in Bachelor of Arts, Business Administration and Economics (Double major: Marketing and General Management) and subsequently completed his Master of Business Administration degree, in Finance from Babson Graduate School of Business, Massachusetts.{{cite web|title=Mohit Burman Director of Dabur India Ltd. MBA from Babson Graduate School of Business|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=28442143&ticker=DABUR:IN|publisher=Bloomberg L.P.|access-date=18 February 2015}}{{cite web|title=Mohit Burman Bio |url=http://www.in.com/mohit-burman/biography-393419.html|archive-url=https://web.archive.org/web/20150122200325/http://www.in.com/mohit-burman/biography-393419.html|url-status=dead|archive-date=22 January 2015|website=in.com|access-date=18 February 2015}}
In October 2024, the Burman family was ranked 23rd on Forbes list of India’s 100 richest tycoons, with a net worth of $10.4 billion.{{Cite web |date=October 9, 2024 |title=India's 100 Richest |url=https://www.forbes.com/lists/india-billionaires/ |website=India’s 100 Richest}}
Career
Burman started his career with Welbeck Property Partnership London and then joined Dabur Finance Ltd., a company specializing in fund and fee-based financial activities, as Senior Manager. He worked in the group's financial services businesses including asset management, life insurance and pensions by setting up an insurance company with the UK's largest insurance company, Aviva.{{cite news|title=Dabur Group's Burmans, Espírito Santo Investment Bank Form JV |date=15 November 2011|url=http://www.vccircle.com/news/banking/2011/11/15/dabur-group%C2%92s-burmans-esp%C3%ADrito-santo-investment-bank-form-jv|publisher=Vccircle.com|access-date=18 February 2015}} His family in November 2011{{cite news|title=Dabur promoters, Espirito Santo Investment Bank form JV |date=15 February 2011|url=http://profit.ndtv.com/news/market/article-dabur-promoters-espirito-santo-investment-bank-form-jv-153984|publisher=NDTV|access-date=18 February 2015}} had established a joint venture with Espírito Santo Investment Bank to set up an investment banking company in India.{{Citation needed|date=December 2018}}
Burman has also been actively involved in expanding Dabur India's presence in overseas markets, and was involved in the acquisition of Balsara Hygiene and Home Care businesses for Rs. 1.43 billion by Dabur India Ltd. on 27 January 2005.
Board memberships
Mohit also holds board membership{{cite web|title=Board Membership of Mohit Burman|url=http://www.dabur.com/About%20Dabur-Mr.%20Mohit%20Burman|publisher=Dabur|access-date=18 February 2015}}{{cite news|title=Dabur's Burmans to enter i-banking, broking | date= 12 October 2011|url=http://www.rediff.com/money/report/daburs-burmans-to-enter-i-banking-broking/20111012.htm|work=Rediff.com|access-date=18 February 2015}} of different other companies like Federation of Indian Chambers of Commerce & Industry, Dabur International Limited, Universal Sompo General Insurance Co. Ltd., KPH Dream Cricket Pvt. Ltd (Kings XI), Aviva Life Insurance Company India Limited,{{cite web|title=Chairman of Aviva Life Insurance India Ltd.|url=http://www.avivaindia.com/en/AboutUs/BoardofDirectors.aspx|publisher=Aviva|access-date=18 February 2015}} Markettopper Securities Pvt. Ltd., Elephant India Advisors Pvt. Ltd., Caterham Cars Pvt. Ltd, H&B Stores Ltd., Espirito Santo Securities India Pvt. Ltd.
Sports
Mohit Burman is one of a group of promoters who have formed the cricket team Punjab Kings.{{Cite news|agency=PTI|date=2021-02-17|title=IPL franchise Kings XI Punjab renamed Punjab Kings|language=en-IN|work=The Hindu|url=https://www.thehindu.com/sport/cricket/ipl-franchise-kings-xi-punjab-renamed-punjab-kings/article33861159.ece|access-date=2021-05-03|issn=0971-751X}} He is also a director and co-Owner of a Caribbean Premier League team Saint Lucia Kings.{{cite magazine |date=17 February 2020 |title=Kings XI Punjab Set To Acquire St Lucia Franchise Of Caribbean Premier League |url=https://www.outlookindia.com/website/story/sports-news-kings-xi-punjab-set-to-acquire-st-lucia-franchise-of-caribbean-premier-league/347469 |magazine=OutlookIndia.com |access-date=1 November 2023}}{{cite news |date=17 February 2020 |title=St Lucia Zouks sold to Kings XI Punjab owners |work=ESPN Cric Info |publisher=ESPNcricinfo |url=https://www.espncricinfo.com/story/st-lucia-zouks-sold-to-kings-xi-punjab-owners-1216718 |access-date=1 November 2023}}
References
{{Reflist}}
{{Dabur Group}}
{{DEFAULTSORT:Burman, Mohit}}
Category:People educated at Highgate School
Category:Businesspeople from Kolkata
Category:Indian businesspeople in insurance