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Shivinder Mohan Singh resigned as executive vice-chairman of Fortis Healthcare Limited

Sep 26, 2015 11:00 IST

Shivinder Mohan Singh on 23 September 2015 resigned as the executive vice-chairman of Fortis Healthcare Limited. Fortis is a New Delhi based hospital chain.

After a brief transition period, he will be designated as non-executive vice-chairman of Fortis with effect from 1 January 2016.

He resigned from the position as he decided to take up full-time sewa at the Radha Soami Satsang Beas (RSSB), a philosophical organisation spread over 90 countries worldwide.

Shivinder, along with his elder brother Malvinder Mohan Singh, runs 55 hospitals under the Fortis brand across India. At present, Malvinder is the executive chairman of the company.

Apart from Fortis, the brothers own financial services firm Religare Enterprises Limited.

In 2008, they sold their 33.5 percent stake in Ranbaxy to Japanese drug major Daiichi Sankyo which they inherited from its founder Bhai Mohan Singh.

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