Dr. B. R. Shetty

Chairman

Visionaries are born with an urge to accomplish their desires which often cosset the interest of the society at large. Padmashree Dr. B.R. Shetty upheld the highest standards of quality and excellence throughout his career as an industrialist, builder, health care and financial services provider, educationist and sportsman. His exemplary courage and never give up attitude has added heaps of accolades and a plethora of successes which has been escalated through medias across the globe. He always had an enterprising spirit that could hardly be contained in the small township of Udupi, Bangalore, thus moving out to Abu Dhabi in 1973, where he started the New Medical Centre (NMC), and the UAE Exchange, which are part of a large chain of companies with a global presence. The initial success story therefore signaled the spawning of new enterprises as Dr. Shetty set about in earnest diversification of business, that witnessed forays into a bewildering range of businesses spread over distribution of pharmaceuticals, scientific/medical equipment, foodstuff, financial services, gold and diamond jewelery, real estate, IT, Engineering projects and services and hospitality industry.

Dr B. R. Shetty has always taken up the pursuit of excellence throughout his life. Decades of experience in his field of business, has given him profound insight about the society and its needs which has sharpened his crave for society thus making him the best contributor for social cause, benefiting the deprived throughout the globe. He has many notable feathers in his hat among which mentioned could be made of prestigious Padmashree and Pravasi Bharatiya Samman Awards by the President of India, the Karnataka Rajyothsava Award conferred by the Government of Karnataka, the Rainbow Laurel Award conferred by the Maharaja of Travancore.

Dr. B. R. Shetty, Chairman and founder of UAE Exchange India, and Managing Director and CEO of UAE Exchange Centre LLC, UAE, is also the founding partner and Chief Executive Officer of NMC Healthcare, Abu Dhabi.

Born in India, Dr Shetty arrived in UAE in 1973 shortly after the country’s formation.As a trained pharmacist, he opened his first pharmacy in 1975. Dr Shetty’s other business activities include UAE Exchange Abu Dhabi, a leading global money transfer and foreign exchange provider, and investments in hospitality, food and beverage, pharmaceutical manufacturing and real estate.

NMC has since grown to become the UAE’s largest private sector healthcare provider. Today, it has hospitals and clinics across the UAE and treats almost two million patients a year.

Dr Shetty’s other business activities include UAE Exchange, a leading global money transfer and foreign exchange provider, of which he is Managing Director and CEO, and investments in hospitality, food and beverage, pharmaceutical manufacturing and real estate.

Dr. Shetty received the Order of Abu Dhabi in 2005, the country’s highest civilian award, for contribution to the development of Abu Dhabi, UAE and the cause of the Emirate, as well as the Padma Shri Award and Pravasi Bharatiya Samman Awards by the President of India, the Karnataka Rajyothsava Award conferred by the Government of Karnataka, the Rainbow Laurel Award conferred by the Maharaja of Travancore.

In addition to his business activities, Dr. Shetty is involved in several philanthropic causes. He has supported the development of a medical institution in the north Indian state of Uttaranchal and is the founder and patron of the Indian Pharmaceutical Association in the UAE.

He is a member of the Advisory Board of the Dubai Economic Department’s Financial Sector, Chairman of the Abu Dhabi Indian School, Founder and Vice President of the Swiss Business Council, and Founder of the Australian Business Council, the Canadian Business Council, the Netherlands Business Group and the Philippines Business Council.

Dr Shetty is also a member of the Executive Panel of Dubai’s Pharmaceutical and Health Equipment Trading Business Group under the Dubai Chamber of Commerce and Industry.

A passionate cricket fan, Dr Shetty is the former President of the Abu Dhabi Cricket Council and was the Managing Director of the Abu Dhabi Cricket Club from its inception in 1989 until 2006.

Dr B. R. Shetty received a Doctorate from Georgia State University, Atlanta, USA and is also a member of the International Advisory Board of Boston University, USA.