Shamsheer Vayalil Explained

Shamsheer Vayalil
Birth Date:11 January 1977
Birth Place:Kozhikode, Kerala, India
Known For:Founder, VPS Healthcare
Awards:Pravasi Bharatiya Samman (2014)[1]
Relatives:M. A. Yusuff Ali (father-in-law)
Spouse:Shabeena Ali
Children:4
Education:Kasturba Medical College, Manipal (MBBS)
Sri Ramachandra Medical College and Research Institute (MD)

Shamsheer Vayalil Parambath (born 11 January 1977) is an Indian radiologist and businessman. He is the founder and chairman of Burjeel Holdings.[2] Through VPS Healthcare, his family office, he oversees an extensive investment portfolio including Burjeel Holdings, RPM, LifePharma, Lakeshore Hospital, Ziva, Keita, and Educare Institute.[3] Vayalil has a net worth of US$2.4 billion. [4]

Early life

Vayalil was born on 11 January 1977 in Kozhikode, Kerala, India.[5] His parents are Hashim Pokkinari and Mariyam Barakkool.[6]

After his schooling, he pursued a MBBS at Kasturba Medical College, Manipal, then obtained his MD in radiology from Sri Ramachandra Medical College and Research Institute, Chennai.[7]

Career

Vayalil was a radiologist for 12 months at Sheikh Khalifa Medical City, Abu Dhabi, UAE. In 2007, he opened his first hospital – LLH Hospital in Abu Dhabi. Over the next twelve years, his company VPS Healthcare started 20 hospitals in three countries and now has over 23 medical centres and about 13,000 employees in the Middle East and Vayalil is a member of the UAE Medical Council. He was a member of the advisory committee of the University of Sharjah College of Medicine. He is on the board of directors of Kannur International Airport Ltd.[8]

Philanthropy

Vayalil contributed AED 5 million to the Emirates Red Crescent to join global relief efforts in supporting those affected by the devastating earthquakes that hit Turkey and Syria in 2023.[9]

Non-resident Indian voting rights

In April 2014, Vayalil filed a petition in the Supreme Court of India in connection with non-resident Indian (NRI) voting rights. Currently, voters have to travel to their constituency to vote. The Court directed the Election Commission of India to explore the possibility for NRIs to cast their vote from their place of residence. In October 2014, the commission submitted its report to the Court, recommending that NRIs be permitted to vote by proxy and e-postal ballot.[10] On 9 August 2018, the Representation of the People (Amendment) Bill 2017, enabling the facility of proxy voting to overseas Indians, was passed by the Lok Sabha, and was awaiting introduction in the upper house of the Indian Parliament, the Rajya Sabha.[11]

Awards and accolades

Personal life

Vayalil is married to Shabeena, the eldest daughter of fellow billionaire M. A. Yusuff Ali.[14] They have four children.[15]

Notes and References

  1. Web site: Pravasi Bharatiya Samman Award 2014. 22 June 2023 . www.mea.gov.in.
  2. Web site: About Us. Burjeel Holdings.
  3. Web site: VPS Healthcare Abu Dhabi UAE . vpshealth.com.
  4. Web site: Shamsheer Vayalil. Forbes.
  5. News: Karmali . Naazneen . 1 February 2018 . Indian-Born Middle East Billionaire Shamsheer Vayalil Joins The Giving Pledge . Forbes . 3 November 2018.
  6. News: Fernandes . Armenia . 16 March 2014 . Dr Shamsheer Vayalil Parambath: A Remarkable Journey of Success. . The International Indian . 28 June 2019 . https://web.archive.org/web/20150211175243/http://www.tii.ae/pdfs/21.1.pdf . 11 February 2015.
  7. Web site: How Shamsheer Vayalil Built VPS into a $1 Billion Global Firm. Economics. Health. Podcasts. Knowledge@Wharton. en. 16 June 2019. Video. Arabic. Focus. Global. Africa. Middle East &.
  8. Web site: Kannur International Airport . 2023-10-13 . kannurairport.aero . en.
  9. Web site: UAE entrepreneur Dr Shamsheer Vayalil donates Dh5 million towards earthquake relief in Turkey and Syria. 14 February 2023. gulfnews.com.
  10. News: A one-man fight could help millions of expats vote. 14 November 2014. 3 November 2018. Times of India.
  11. News: Bill to allow proxy voting by NRIs passed by Lok Sabha. 9 August 2018. The Economic Times. 16 June 2019.
  12. News: NRI award winner to expand healthcare business in India . 14 January 2014. 3 November 2018 . Business Standard . IANS.
  13. News: AMU awards 240 gold medals, 4,000 degrees at convocation . Agha. Eram. 16 October 2014. Times of India. The Times Group. 11 August 2019.
  14. News: Balachandran. Malu . Yusuff Ali: A mentor to his sons-in-law . 24 May 2019 . India East Forbes.
  15. Web site: #1605 Shamsheer Vayalil . 6 June 2019 . Forbes.