RC Manubhai Group director Bhavesh Kumar has been appointed as a non-executive director of Vision Investments Limited, effective April 22, 2025. The announcement was made through a market release from the South Pacific Stock Exchange (SPX).
Mr. Kumar’s nomination comes from RC Manubhai and Co Pte Limited, which is a significant shareholder of Vision Investments. With a strong entrepreneurial background, Mr. Kumar has substantial experience in various sectors including commerce, retail, logistics, and manufacturing. He is an alumnus of the University of Auckland in New Zealand, holding a degree in Computer Science.
His appointment follows the resignation of Dinesh Patel, who served as a non-executive director. The company stated that Patel’s departure is part of a broader succession plan aimed at bringing in the next generation of directors with proven skills. The Vision Investments board extended its gratitude to Patel for his contributions since the company’s acquisition by Vision Group in 2006.
This strategic appointment highlights Vision Investments’ commitment to fortifying its leadership team with experienced professionals, which is crucial for navigating the competitive landscape of the investment sector.
Additionally, the company continues to focus on operational excellence and enhancing shareholder value, as evidenced by its previous announcements regarding partnerships and growth strategies in response to market demands.
The ongoing attention on leadership and strategic direction within companies like Vision Investments and RC Manubhai Group reflects a proactive approach to adapting in a changing economic environment. This move not only strengthens the board but also signifies the intent to uphold innovation and dynamic leadership as the company prepares for future challenges and opportunities.
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