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05 Brief Introduction of Senior Functionaries

Mr. Ashok Oswal (08.02.1955 to 15.11.2018) – – Mr. Ashok Oswal was a visionary who looked ahead with a powerful vision. Under his dynamic leadership, VPL has remained market leader for years and emerged as one of the best & prominent textile players in India. He was a Law Graduate and had a strong expertise and flair in the cotton procurement, a major component in the cost of production which determines the profitability. Besides, he was methodical and meticulous in ensuring proper/open deliberations on any subject of significance. Under his able and matured leadership, the Group consolidated its strength in textiles with large-scale expansions within a short span of time, including the green field, high-end Yarn Dyed shirting fabric project at Kolhapur in Maharashtra. He believed in developing and empowering his team of professionals for overall growth of the organization.

Mr. Adish Oswal – Chairman & Managing Director - He is the third generation entrepreneur currently managing the affairs of Oswal Group. He is a Commerce Graduate from Delhi University and has attended various training programmes such as Managerial Finance at Harvard University, Boston; one on Core Competence, Capability & Strategy at IIM, Ahmedabad & another on Strategy for Fast Growing Enterprises at ISB Hyderabad. He is a dynamic leader with a passion for excellence. He ventured into garment business at a very young age and since the year 2008, has been playing a pivotal role in guiding the yarn and fabric business of the Group. He leads from the front and is a driving force behind the group. Possessing a never say-die spirit, he acted as a torch bearer to sail the Group smoothly through the recent tough times. With the diversification into Real Estate, he embarked on a new vision for the Group with his thrust on "Disruptive Innovation" and "Change Management". As an active member of YPO, he is able to broaden his vision and business perspective to lead the Group to newer heights.