Singh is in his 40s.
Follow @ambazaarmag
By Dileep Thekkethil
Fortis Health Care Ltd. co-founder Shivinder Mohan Singh has decided to quit his corporate life as he intends to get involved with full time spiritual retreat Radha Soami Satsang Beas (RSSB) to fulfil his inner calling to give back to society.
Singh, who is in his 40s, said today, “Having spent almost two decades setting up and running Fortis, our mission of saving and enriching lives is an integral part of my being. Over time this has inspired me to do more direct service and give back to society a little of what I have received in abundance.”
The report about Singh’s new found interest was first reported by The Economic Times. On Wednesday, the company officially confirmed that their executive vice-chairman was moving to RSSB to find inner peace. During Singh’s absence in the office his brother Malvinder Mohan Singh will hold the post of executive chairman and the recently appointed CEO Bhavdeep Singh will take care of running the business.
“A short while ago, I requested for Sewa at Radha Soami Beas, headquartered near Amritsar, and I am fortunate to have been accepted. I will move to Dera, Beas post transitioning my executive responsibilities at Fortis,” Shivinder Singh said.
According to the official website of Radha Soami Satsang Beas, the organization together with its international affiliates is a philosophical organization based on the spiritual teachings of all religions and dedicated to a process of inner development under the guidance of a spiritual teacher.
“RSSB was established in India in 1891 and gradually began spreading to other countries. Today RSSB holds meetings in more than 90 countries worldwide. It is a non-profit organisation with no affiliation to any political or commercial organizations. The philosophy teaches a personal path of spiritual development which includes a vegetarian diet, abstinence from intoxicants, a moral way of life and the practice of daily meditation. There are no rituals, ceremonies, hierarchies or mandatory contributions, nor are there compulsory gatherings. Members need not give up their cultural identity or religious preference to follow this path,” it said.
Singh added in his official statement, “our businesses are stable and Fortis is on a promising trajectory. I want to assure our business partners and colleagues that I will continue to guide the organization to realize its full potential.”
Malvinder Singh paid a tribute to his brother on Wednesday.
“He has led from the front, with enormous passion and energy and has played a significant role in transforming the private healthcare landscape in India by setting new standards of quality and care,” he said.
“Shivinder and I have always worked together and therein lies our strength. I wish him all the very best as he answers his inner calling,” Malvinder Singh said.
CEO Bhavdeep Singh said: “He has set very high standards for all of us and his enthusiasm, intellect and enterprise are his true legacy.”
Shivinder Singh and Malvinder Singh spearheaded the building of Ranbaxy Laboratories into one of India’s biggest medicine manufacturing company and later selling it to Japanese Daiichi Sankyo Co, which offered a whopping $4.6 billion. The two brothers also hold stake in a diagnostics chain SRL LTD and a financial service company called Religare Enterprises Ltd.