Dubai, July 9: Dr Ram Buxani, who passed away on Monday, July 8, was a prominent business figure and the chairman of the business conglomerate ITL Cosmos Group. Ram Buxani is known for his contributions to the corporate sector and his philanthropic endeavours. The Indian community became familiar with his name after he influenced the Indian government to abolish estate duty in 1985.

Ram Buxani was born in 1941 to a Sindhi Hindu family in Hyderabad, Sindh (Pakistan). His family moved to India after the partition in 1947. Buxani lost his father in an unfortunate event at the age of 5 that led him to start working at the age of 18. Ram Buxani Dies: Prominent Indian Businessman and ITL Cosmos Group Chairman Passes Away at 83 in UAE.

How ITL Happened

At the age of 18, Buxani applied for the executive assistant role at International Traders Limited (ITL) in Dubai to support his family. He joined the company in 1959, starting at a junior level as a clerk, and eventually became a chairperson in 2014. Joan Benedict Steiger Dies at 96; Actress Was Known for Her Roles in ‘General Hospital’, ‘Candid Camera’, ‘Days of Our Lives’ Among Others.

Other Business Achievements of Ram Buxani

Apart from ITL, Buxar has several business achievements and is a big name in the corporate sector. Buxani was the director of IndusInd Bank from 2000 to 2008. He was also the founder and the chairman of the Overseas Indians Economic Forum (UAE). Forbes Middle East recognised Ram Buxani as one of the top Indian leaders in the region, honouring him in 2014, 2016, and 2017. In 2017, he was also bestowed with the prestigious "Lifetime Achievement Award" for his outstanding contributions.

Life as an Author

Besides his business accomplishments, Buxani was also an author. His autobiography, "Taking the High Road," offers an inspiring account of his life, reflecting his philosophy, values, and lessons learned throughout his journey.

(The above story first appeared on LatestLY on Jul 09, 2024 11:14 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website