a Know the Known: The rise and fall of B R Shetty and NMC

Wednesday, July 14, 2021

The rise and fall of B R Shetty and NMC

 #NMC #Shetty #BRShetty #scrutiny #business

After BR Shetty resigning from the board of directors, The CEO of NMC Health, Prasanth Manghat, has been dismissed. His role will be taken over by the current Chief Operating Officer, Michael Davis, on an interim basis. The Chief Financial Officer, Prashanth Shenoy, has also been granted extended leave, according to Bloomberg. I feel extremely sad for the employees at NMC who have not received their salaries and wish the best for them. It's usually the people at the top who engage in wrongdoings but the operational level staff suffers. I hope we learn from this.



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