Dr. Bina Modi takes over as new Chairperson of Modi Enterprises
by Shrutee K/DNS
Mumbai: Dr. Bina Modi, Head of the Family Council, Modi
Enterprises, takes over as the new Chairperson of Modi Enterprises. In a low-key
hand over following the sudden death of Mr. KK Modi, the Boards of both Godfrey
Phillips India Ltd. and Indofil Industries Limited unanimously passed
resolution on Dr. Bina Modi. She has been elected as the President and Managing
Director of Godfrey Phillips India Ltd and Chairman and Managing Director,
Indofil Industries Limited, effective immediately.
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Dr. Bina Modi remarked on the occasion “I am
honoured to be bestowed this responsibility and it will be my constant endeavor
to keep my husband’s vision alive. KK took his father, Rai Bahadur Gujarmal
Modi’s legacy forward and I believe it is now our responsibility and duty to
ensure that his vision, philosophy and values continue to guide us on the path
to growth, development and success. His extraordinary vision is daunting no
doubt, but we, the family and the management of the Group Companies, are
committed to see it reached.”
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