Mr. P.D. Narang
Mr. P D Narang is the Group Director, Corporate Affairs, Dabur India Limited. Born in 1954, Mr. Narang specialized in Finance and started his professional career in 1979 with his own practice. He joined the Dabur family in 1983 as a Management consultant with a mandate to streamline the finance, accounts and audit function of the company.
From the beginning, Mr. Narang demonstrated his dynamism and outstanding leadership qualities. To his credit are the following major initiatives taken by Dabur that have today resulted in the company having a turnover of Rs 1200 crore
Under his leadership Dabur became a public limited company through reverse merger with Vidogum Limited and was re-christened Dabur India Limited in 1985. Post this, Dabur went Public in 1994, offering Rs 10 share at a premium of Rs 85, which was oversubscribed 21 times. It was under his leadership that Dabur got into JV partnership with Nestle/Agrolimen SA for biscuits, Debon International for Cheese and CGU for Life Insurance. He is credited for professionalisation of Dabur by bringing in Mckinsey and Accenture; demerger of the Pharmaceuticals business; and implementing global best practices in Corporate Governance by forming committees for better transparency in operations.
With his impressive track record, Mr. Narang rose rapidly in the management hierarchy and was appointed G.M. (Finance) & Company Secretary in 1990, and Director - Corporate Affairs in 1998. He was given the responsibility of heading the Corporate and Commercial affairs of the group in 2002. He was appointed Group Director, Corporate Affairs in 2003.
An aggressive man who is constantly short of time, he likes to relax by practicing yoga, swimming, listening to music, playing golf or travelling to new places with his wife and two children. A voracious reader, he likes to keep himself updated with the latest happenings from across the globe.
He is also on the Board of Dabur Egypt Ltd., Aviva Life Insurance Co, Pvt. Ltd., Dabon International Pvt. Ltd., Dabur Foods Ltd., Dabur Pharma Ltd., Dabur International Ltd., Asian Consumercare Pvt. Ltd., Dabur Pharmaceuticals Limited, Dabur Nepal Pvt. Ltd., Dabur Research Foundation, Dabur Securities Pvt. Ltd, Dabur Finance Ltd., Dabur Ayurvedic Specialities Ltd., Sanat Products Ltd., Welltime Housing & Finance Ltd. and Narang Management Consultants Pvt. Ltd.
List of Other Directorships
- Dabur Egypt Ltd.
- Narang Management Consultants Pvt. Ltd.
- Dabur Nepal Private Limited
- Welltime Housing & Finance Pvt. Limited
- Dabur Research Foundation
- Dabur International Ltd.
- Asian Consumer Care Pvt. Ltd.
- Naturalle LLC
- Weikfield International (U.A.E) Ltd.
- Riverside Construction Pvt. Ltd.
- H&B Stores Ltd.
- Jetage Infrastructure Ltd.
- Aviva Life Insurance Co. India Ltd.
- A.V.B Finance Pvt.Ltd.
- African Consumer Care Ltd.
- Superhoze Industries Pvt. Ltd.
- Hobi Kosmetik
- Dabur Egypt Trading Ltd.
- Dermoviva Skin Essentials Inc.
- Hair Rejuvenation and Revitalization Nigeria Limited
- Dabur Lanka Pvt. Ltd.
- Lite Bite Foods Pvt. Ltd.