Thumbay Group strengthens corporate governance for transparency and 2X growth
Ajman (Press Release): As part of its oversight strategy for 2024, Thumbay Group has implemented a corporate governance structure to ensure transparency and record two-fold growth in the upcoming year. The induction took place on January 10 th , 2024 at its headquarters in Thumbay Medicity, Al Jurf, Ajman, and was attended by the senior management of the group.
In his keynote address, Dr. Thumbay Moideen, Founder President, Thumbay Group highlighted the importance of this comprehensive governance framework and its crucial role in steering the organization towards sustainable growth. "Thumbay Group has completed 25 years of operations in the UAE, and they have been very special. The new corporate governance structure in place signifies our strength for the next five-year plan - Vision 2028. We are focused on being consumer-centric and scaling our ability to run businesses that add value to people and society as a whole. Based on our well-defined growth plan, we are very keen to double the intake of students in medical education with comprehensive new programs that balance theoretical knowledge with practical training. Also, a two-fold increase in the healthcare business is envisaged, which will enable us to triple the value of the overall group by 2028 with initiatives and operational efficiency at the core. We are re-energized to
create many more fabulous years of responsible and progressive operations."
By establishing transparency as a fundamental principle, the Group aims to strengthen stakeholder confidence, cultivate a culture of accountability, and improve operational effectiveness. Additionally, it seeks to balance the interests of various stakeholders, including shareholders, management, consumers, suppliers, financiers, the government, and the community.
Thumbay Group is a diversified international business conglomerate with operations across different sectors including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Optical, Wellness, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism. Headquartered in Dubai, the group presently employs around 3500 people.
Thumbay Group is committed to provide quality care to the community and its Thumbay Healthcare today has the distinction of being the biggest chain of private academic hospitals in the region, treating patients from as many as 175 countries.
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South zone finalists announced at WAVES VFX challenge in Bengaluru
Bengaluru: The South Zone round of the WAVES VFX Challenge took place today in Bengaluru, organized by the Association of Bangalore Animation Industry (ABAI).
The day-long competition brought together talented participants from across southern India, with the goal of selecting top finalists who will go on to represent the region at the national finals next month during the WAVES Summit in Mumbai.
Finalists were selected in three categories:
Student Category
Winner: Soumya Das
Runner-up: Gagan HP
Professional Category
Winner: Mohamad Javeed
Runner-up: S Sai Chandan
Enthusiasts Category
Winner: Gagan Ajai
Over 1,500 entries were received from students, working professionals, and VFX enthusiasts, all centered around the theme “Super Hero Power.” Out of these, 14 entries were shortlisted to compete in today’s final round. One winner and one runner-up from each category were chosen to represent the South Zone in Mumbai.
ABAI Secretary R.K. Chand appreciated the strong participation and encouraged industry professionals to attend the Mumbai summit, which will host well-known personalities from films, advertising, and creative sectors. He also mentioned that the WAVES Challenge was recently launched in Bengaluru by Sanjay Jaju, Secretary, Ministry of Information and Broadcasting.
The event was inaugurated by Dr. Sagar Gulati, Director of the School of Creative Design and Information Technology at Jain (Deemed-to-be University), the zonal partner for the competition.
The day also featured two special sessions led by industry experts. Vijay Selvam from the global VFX studio MPC held a masterclass titled “Concept Reality,” where he discussed lighting, animation, compositing, and photorealistic effects. Students got the chance to interact with him during a Q&A session.
Another session was conducted by Rakesh H, Lead Head at The Mill, who spoke about how visual effects are used in advertising. Nearly 100 students attended these sessions, gaining valuable industry insights and learning opportunities.
