Shamsheer Vayalil

Shamsheer Vayalil Parambath (born 11 January 1977) is an Indian radiologist and businessman. He is the founder, chairman and managing director of VPS Healthcare Group,[3] and the vice chairman and managing director of Amanat Holdings, a healthcare and education investment company.[4][5] As of June 2019, Vayalil has a net worth of US$1.4 billion.[1]

Shamsheer Vayalil
Born (1977-01-11) 11 January 1977
Kozhikode, Kerala, India
NationalityIndian
Education
OccupationBusinessman, radiologist
Known forFounder, VPS Healthcare
Net worthUS$1.4 billion (June 2019)[1]
Spouse(s)Shabeena Ali
Children4
RelativesM. A. Yusuff Ali (father in-law)
AwardsPravasi Bharatiya Samman (2014)[2]
Websitewww.drshamsheer.com

Early life

Vayalil was born on 11 January 1977 in Kozhikode, Kerala, India.[6][7][8] His parents are Hashim Pokkinari and Mariyam Barakkool.[9]

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.[10] He did his radiology fellowship at Massachusetts General Hospital, Boston.[9]

Career

Vayalil was a radiologist for 12 months at Sheikh Khalifa Medical City, Abu Dhabi, UAE.[11] In 2007, he opened his first hospital – LLH Hospital in Abu Dhabi.[11] Over the next twelve years, his company VPS Healthcare started 23 hospitals in four countries[12] with over 125 medical centres and about 13,000 employees in the Middle East, Europe, and India.[13]

Vayalil is a member of the UAE Medical Council, a board member of the Abu Dhabi University, and a member of the advisory committee of the University of Sharjah College of Medicine.[14] He is a former director of Kannur International Airport Ltd,[15] and a member of the Kerala NRI Commission, a commission with quasi-judicial powers set up in Kerala to protect the rights, interests, and properties of non-resident Indians (NRIs) from Kerala.[16]

Philanthropy

Vayalil is a member of "The Giving Pledge".[6] He pledged to donate half his wealth for philanthropy.[17]

VPS Healthcare donated emergency healthcare equipment worth Rs 1.75 crores when Nipah viral infection was diagnosed in Kerala in 2018.[18]

Vayalil personally pledged to donate Dh 26 million (Rs 50 crore) to Kerala after the monsoon floods in August 2018.[19][20]

He was honoured at an event hosted by United Nations in New York for his philanthropy.[21] He was recognised for the community welfare initiatives, which include the '1000 Free Heart Surgeries' initiative for the underprivileged, launched as a tribute to Mohammed bin Zayed Al Nahyan. As part of the initiative, people from around the world, from babies to a 70-year-old, have undergone cardiac surgeries.[21]

Vayalil made donations to the UAE Red Crescent for Syrian refugees and to the Indian Prime Minister's National Relief Fund for flood-hit Jammu and Kashmir. He extended his support to the kin of the victims of the Mangaluru plane crash in May 2010. He offered jobs and educational assistance to the families of the victims and many of the people that took up jobs at VPS Healthcare continue to work with the company today.[21]

Non-resident Indian voting rights
Shamsheer Vayalil receives Pravasi Bharatiya Samman

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.[8] 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.[22]

Awards and accolades

Personal life

Vayalil is married to Shabeena, the eldest daughter of fellow billionaire M. A. Yusuff Ali.[7] They have four children.[1]

References
  1. "#1605 Shamsheer Vayalil". Forbes. Forbes Media. Retrieved 6 June 2019.
  2. https://www.mea.gov.in/images/pdf/pbsa-awardees-2014.pdf
  3. Vayalil, Shamsheer. "Chairman and Managing Director's Message". VPS Healthcare. Retrieved 3 November 2018.
  4. De La Cerna, Fatima (24 November 2017). "Amanat Holdings appoints new chairman, managing director". Construction Week Online. Retrieved 3 November 2018.
  5. "Amanat Holdings PJSC". www.bloomberg.com. Retrieved 16 June 2019.
  6. Karmali, Naazneen (1 February 2018). "Indian-Born Middle East Billionaire Shamsheer Vayalil Joins The Giving Pledge". Forbes. Retrieved 3 November 2018.
  7. Balachandran, Malu. "Yusuff Ali: A mentor to his sons-in-law". India East Forbes. Retrieved 24 May 2019.
  8. "A one-man fight could help millions of expats vote". Times of India. 14 November 2014. Retrieved 3 November 2018.
  9. Fernandes, Armenia (16 March 2014). "Dr Shamsheer Vayalil Parambath: A Remarkable Journey of Success" (PDF). The International Indian. Archived from the original (PDF) on 11 February 2015. Retrieved 28 June 2019.
  10. Economics, Health; Podcasts; Video; Arabic; Focus, Global; Africa, Middle East &. "How Shamsheer Vayalil Built VPS into a $1 Billion Global Firm". Knowledge@Wharton. Retrieved 16 June 2019.
  11. "Interview: Dr Shamsheer Vayalil Parambath". Arabian Business. 24 January 2014. Retrieved 3 November 2018.
  12. "Overview". VPS Healthcare. Retrieved 10 November 2018.
  13. "Meet a new generation of rising stars of the Indian diaspora making a mark in diverse fields around the world". The Economic Times. 14 July 2019. Retrieved 5 December 2019.
  14. "University of Sharjah appoints Dr. Shamsheer Vayalil". Gulf News. 19 April 2017. Retrieved 3 November 2018.
  15. "Board of Directors". Kannur International Airport. Retrieved 29 July 2019.
  16. "Non-Resident Indians' (Keralites) Commission". Kerala Government. Retrieved 1 July 2019.
  17. Shireena Al Nowais (31 March 2018). "'It's good business': billionaire doctor Shamsheer Vayalil on giving half his fortune to charity". The National. Retrieved 3 November 2018.
  18. "VPS Healthcare Pvt Ltd offers equipment worth Rs 1.7 crore". The New Indian Express. 3 June 2018. Retrieved 3 November 2018.
  19. Webster, Nick (20 August 2018). "Indian businessman Dr Shamsheer Vayalil pledges Dh26m to restore flood-hit Kerala". The National. Retrieved 3 November 2018.
  20. Engineer, Rayomand (21 August 2018). "NRI Billionaire Reaches Out To His Roots, Donates Rs 50 Cr to #KeralaFloodRelief". Better India. Retrieved 3 November 2018.
  21. "VPS Healthcare founder Dr Vayalil to be honoured at United Nations". 22 April 2015. Retrieved 29 July 2019.
  22. "Bill to allow proxy voting by NRIs passed by Lok Sabha". The Economic Times. 9 August 2018. Retrieved 16 June 2019.
  23. "NRI award winner to expand healthcare business in India". Business Standard. IANS. 14 January 2014. Retrieved 3 November 2018.
  24. Agha, Eram (16 October 2014). "AMU awards 240 gold medals, 4,000 degrees at convocation". Times of India. The Times Group. Retrieved 11 August 2019.
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