IB Group assigns RS Sodhi, President of IDA, as an independent director

IB Group, one of India’s largest diversified groups, is relentlessly endeavouring to bring the country’s protein and energy requirements up to world-class standards. IB Group’s collective turnover for the most recent financial year was Rs. 9,000 crores.

To become more known in its segment and further expand, IB Group will be launching its much-awaited initial public offering (IPO) soon. To ensure a successful launch, the group is collaborating with experts from various business categories to implement new technologies in the journey towards Atmanirbhar India.

IB Group has signed three prominent personalities from the Indian and global business worlds, R.S. Sodhi (ex-MD Amul), Bob Dobbie (ex-President International Business, Aviagen), and Kishore Kharat (ex-MD IDBI), as independent directors.

R.S. Sodhi, who formerly worked with as Managing Director of GCMMF, also known as AMUL, will have the role of Value Creation in Retail and Food Processing to accelerate the ambitious plans in the retail processing business. Popularly known as a “Game Changer” in the dairy industry, he is going to take the group’s businesses to greater heights.

Bob Dobbie is the former president of international business at Aviagen, a multinational poultry breeding company based in the USA. Dobbie will be leading the IB Group’s protein processing unit. He has had vast experience in the global poultry industry, especially in breeder production and commercial management responsibilities, for the last 45+ years. His extensive, well-rounded career will significantly boost IB Group’s potential for growth.

Kishor Kharat, former MD and CEO of IDBI Bank and Indian Bank, is an inspirational leader, management advisor, and principal partner of AMRO BUCONS. His vast knowledge and proficiency in the field of finance will help IB Group reach its potential for economic growth. He is a renowned banker with over 41 years of rich, professional banking experience.

Zoya Afreen, Director, welcomed all three independent directors to the IB Group and said, “Having these three eminent personalities on board will be a significant accomplishment in IB’s progress.”

Bahadur Ali, MD, said, “We are delighted to welcome on board these distinguished industry leaders. Their experience and expertise will provide valuable guidance in developing the Indian poultry industry for the benefit of the Indian economy. We are looking forward to taking IB Group to new heights with them”.