Former Nakumatt executive Thiagarajan Ramamurthy has taken over from Vimal Shah as Bidco Africa Group CEO, marking the first time that the Shahs that own the consumer goods manufacturer is ceding leadership to a non-family member.
Mr Ramamurthy’s entry completes Bidco’s plan to inject professionalism into the business founded 32 years ago. Vimal’s father and founder of the company, Bhimji Depar Shah, has been serving as chairman of the company, with his sons Vimal as CEO and Tarun as a director.
