|
Born 2nd February, 1969 in Mumbai, India
The Dempo family known for having made socially responsible business the cornerstone of its ethos in the course of five and a half centuries of agricultural, trading, shipping and underwriting interests all along the Konkan Coast from its base at Goa in Western India.
Son of the late Vasudeva V. Dempo, and grandson of the late Vasantrao S. Dempo who founded the Dempo Group of Companies in the early 1940’s.
A post-graduate degree in Commerce (M.Com.) from Sydenham College, Mumbai affiliated to the University of Bombay, and a Masters in Business Administration at the Carnegie Mellon University, the United States, specializing in Corporate Finance & Industrial Administration.
Joining the family business, initially as Management Trainee, Mr Dempo was able to observe the workings of the Group’s enterprises at first hand and inside out, especially the flagship business of iron ore mining and export.
Began to make, as Vice–President (Corporate Affairs) in the mid- nineteen nineties, a difference to the management style of the Dempo Group, aligning its approaches and practices to the trends of the digitised, standardised and globalised ways of doing modern-day business
Called upon, in challenging circumstances, to take charge of the Group following the untimely demise of his father, Mr Vasudeva V Dempo in late 1998.
Mr Dempo’s leadership can be seen to have made a significant difference to the House of Dempo. A conglomerate with a combined turnover of Indian Rupees Two Thousand Four Hundred Million (US $ 51 Million) achieved a turnover of Rupees Twenty Thousand Million (US $ 426 Million) at the end of Fiscal 2009.
His stewardship marked by a rapid expansion of the existing businesses, the benchmarking of products and processes to international standards in quality and environment management, and the introduction of progressive people management systems, enterprise resource planning and corporate sustainability reporting into his businesses, ensuring that a family-run business house metamorphosed into a professionally-streamlined group of forwardlooking enterprises.
|