One of the youngest CEOs in the country, Mr. Abhishek R. Mandawewala, the elder son of Rajesh Mandawewala, led Remi Metals Ltd. at the age of 23, and now AYM Syntex at 28 years. He has enviable leadership experience across diverse industries such as steel, advanced textiles and synthetic yarns.
Mr. Abhishek believes in total commitment and ceaseless efforts to achieve his daring dreams. With an Undergrad and two Master’s Degrees from University of Cambridge, he is a perfectionist by nature, voracious reader and is also passionate about value investing and motorsport.
The $3-billion textile-to-steel pipes conglomerate, the Welspun Group, carved out the yarn-spinning business, Welspun Syntex (now AYM Syntex), managed by Mr. Abhishek Mandawewala. This step is part of the efforts to ensure separation of ownership and management, while simultaneously planning a smooth succession of the business to the next generation.
“This is an effort to create a separate roadmap for Abhishek. It is a proactive action to realise that young people are coming with their own ambitions. How (else) do we create a structure where they can take the business to the new level and at the same time not be in conflict with any of the existing processes?”, says the company spokesperson.