Founder and Chairman
NMC Healthcare

Dr. B. R. Shetty is the Founder and Chairman of NMC Healthcare, Finablr, Neopharma and BRS Ventures. 

Dr. Shetty is one of the most successful business tycoons of UAE. A visionary, who follows his heart and intuition. Dr. Shetty has explored untapped markets and paved new paths in his successful entrepreneurial journey. He started his innings in 1975 with the launch of New Medical Centre (NMC), the first private healthcare facility in UAE. His distinctive capabilities and foresight have transformed the healthcare industry in the region. His commitment to provide state-of-the-art facilities has got NMC listed as a part of FTSE 100 on the London Stock Exchange in 2012. Recently, NMC got inducted to an exquisite club of MSCI Global Index.

The burgeoning expatriate population in UAE triggered the need for a formal and safe money transfer channel. Dr. Shetty sensed an opportunity in that challenge and ventured into the remittance sector through launching UAE Exchange; which is now a leading global remittance, foreign exchange and payment solutions brand. He also identified an opportunity in currency exchange business and acquired Travelex, the world’s leading foreign exchange specialist. With this acquisition, he was successful in bringing two category leaders under a single umbrella. All these leading brands are now a part of the recently formed holding company – Finablr.

In a step towards backward integration into the healthcare sector, Dr. Shetty set-up Neopharma in 2003. Neopharma is a state-of-the-art manufacturing facility and has collaborations with multinational companies like Pfizer, Merck, Abbot Laboratories, Hetero Pharmaceuticals and Biocon to name a few. 

Diversified business interests of Dr. Shetty, led him to open quality institutions in the education, hospitality, and environment sectors. 

As a part of the strategy to provide innovative solutions across varying verticals, Dr. Shetty has recently established BRS Ventures. The company has already earned itself the reputation as one of the leading and premium business groups in United Arab Emirates. The company has also established a global presence with successful acquisitions and strong partnerships.

With a belief of giving back to the country, Dr. Shetty has established a leading healthcare services brand – BR Life. Headquartered in Bengaluru, Dr. Shetty currently operates multi-specialty healthcare facilities in India and Egypt.

Dr. B. R. Shetty’s business accomplishments and exceptional social work have earned him the “Order of Abu Dhabi”, the highest civilian honor bestowed by the Government of Abu Dhabi. He is a recipient of the prestigious Padma Shri award, one of the highest civilian honors from the Government of India. The former President of India, the late Dr. APJ Abdul Kalam conferred upon him the Pravasi Bharatiya Samman Award, for his outstanding contribution towards betterment of NRI community.