MBD Group, the leading education company in India with over 6 decades of experience, promoted Ms. Monica Malhotra Kandharias as the Managing Director, she was earlier Senior Director in the company. Ms. Sonica Malhotra, another key member of the leadership team, was elevated as Joint Managing Director from the Director of the Group.
Mr. Ashok Kumar Malhotra, Founder MBD Group believed that all men of action are infinite dreamers and therefore he pursued his goal tirelessly: a belief he passed on to everyone in the MBD group, including his two daughters. Both the sisters took on the larger responsibility of MBD Group in their stride and Mr. Malhotra’s teachings gave them the strength and courage to flourish the empire that he had spent his life building.
In the past few years, Ms. Monica Malhotra Kandharihas taken a series of initiatives to spur growth at MBD Group. She has not just successfully managed the complete transformation of the group’s education vertical in line with the rapidly evolving education space but has also ensured a healthy bottom-line year on year. She has also been instrumental in timely delivery of all projects of MBD Group. Her contribution to the group’s hospitality vertical has also been significant.
Ms. Sonica Malhotra, on the other hand, has played a stellar role in revolutionizing MBD Group with significant contribution to enhancement of operational efficiencies, alignment of reporting structure, functional transparency and external credibility. Her acumen and insights in matters relating to finance, legal, and taxation have immensely helped the group transform and stay focused on growth targets. The group’s hospitality and real estate ventures have flourished under her able leadership.
Commenting on the development, Mrs. Satish Bala Malhotra, Chairperson, MBD Group said, “As we embark on the next phase of our incredible journey after completing 60 years with growing multinational reach of the MBD conglomerate, I am proud to announce promotion for both my daughters. In order to strengthen our leadership structure, become more proficient and deliver faster than ever before, we have elevated Monica and Sonica to positions of Managing Director and Joint Managing Director respectively. I am confident that this will further give a boost to their commitment to pursue their father’s dream and encourage them to break fresh ground, and scout for new opportunities. I am sure MBD Group will scale remarkable heights under their leadership and guidance.”
MBD Group is one of the leading education companies in India with over 6 decades of experience. Under the futuristic vision of the Founder of the Group Shri Ashok Kumar Malhotra, MBD has diversified into various industries including E-Learning, M-Learning, Hospitality, Real Estate, Mall Development and Management, CT Infrastructure, Skill Development, Stationery, Magazine and Paper Manufacturing. Currently, the group is catering to learners across the country with its 5 publishing divisions and 37 branch offices in India. The group has also ventured into the SAARC, South African and Sri Lankan markets with its basket of education services.
(Fortuna PR)