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Business Standard
3 days ago
- Business
- Business Standard
Siddharth Balachandran Receives Mohammed bin Rashid Al Maktoum Medal for Philanthropy
PNN Dubai [UAE], June 11: Siddharth Balachandran, a UAE-based Indian entrepreneur and philanthropist, has been awarded the Mohammed bin Rashid Al Maktoum Medal for Philanthropy, one of the highest civilian honors in the United Arab Emirates for humanitarian work. The award, presented by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recognizes individuals and organizations for their exceptional contributions to charitable causes and social impact initiatives in the region. Balachandran was honored for what officials described as his "outstanding effort and contribution to the enrichment of charitable and humanitarian work" across the UAE and India. The medal is considered a symbol of the Ruler of Dubai's commitment to a more compassionate and equitable society and is intended to encourage a culture of giving. "It's about giving back," said Balachandran in response to the honor. "If you are in a particular jurisdiction, you should contribute as much as possible there." Recognizing Impact Across Borders The Mohammed bin Rashid Al Maktoum Medal for Philanthropy highlights sustained and tangible impact in humanitarian work. Past recipients include Yusuff Ali M.A., Chairman of Lulu Group. The award serves as public recognition of exemplary dedication to social causes and aims to inspire broader engagement in philanthropy across the region. Balachandran was recognized for his significant support of key humanitarian campaigns in Dubai, including contributions to the Mother's Endowment and Father's Endowment initiatives, which fund programs focused on education, healthcare, and community rebuilding. He has also worked closely with the Indian consulate in Dubai to assist migrant worker communities in times of distress, particularly during emergencies. Environmental and Social Work in India In India, Balachandran's philanthropic initiatives are carried out through the Buimerc India Foundation, where he serves as a trustee. The foundation is engaged in large-scale environmental conservation and community empowerment projects. Key programs under the Foundation include: * Mangrove Restoration in Kerala: A three-year, 50-kilometer project in collaboration with the M.S. Swaminathan Research Foundation, aiming to restore coastal ecosystems affected by climate change and human intervention. * Reforestation in Wayanad: The removal of invasive species across 300 acres of degraded forestland, with support from Forest First Samithi and tribal communities. The project promotes natural regeneration of elephant habitats and native biodiversity. * Elephant Habitat Support in Mathura: In partnership with Wildlife SOS, the Foundation supports afforestation efforts at an elephant rehabilitation center, transforming barren land into a thriving ecosystem using the Miyawaki method. * Youth Environmental Education at Point Calimere: A collaborative initiative with the Bombay Natural History Society (BNHS) to promote ecological awareness among school students, focusing on bird migration, conservation, and biodiversity. These programs are aligned with global environmental priorities and reflect growing awareness about sustainability and the role of private sector actors in ecological restoration. Bridging Philanthropy and Policy Vision The medal also signals the UAE leadership's emphasis on cross-border philanthropy and the role of business leaders in furthering social equity and climate action. The Government of Dubai's recent philanthropic roadmap stresses multi-sector partnerships and measurable social outcomes -- criteria that Balachandran's work has consistently addressed. The recognition is especially notable for its regional scope. While Balachandran resides in Dubai and leads business operations from the UAE, much of the impact of his work spans across national boundaries, with direct benefits to communities in India. Government and Community Reaction Officials from both the UAE and Indian diplomatic missions have welcomed the award as a "positive signal of shared humanitarian values." The Indian consulate in Dubai issued a statement congratulating Balachandran and commending his long-standing contributions to community welfare. Local environmental groups in Kerala and Tamil Nadu also acknowledged the support from Buimerc India Foundation as "a vital intervention in otherwise underfunded conservation zones." An Emblem of Responsibility Speaking on the broader meaning of the award, Balachandran said: "I am honored to receive this prestigious gold medal from His Highness Sheikh Mohammed bin Rashid Al Maktoum. It reinforces my belief in the transformative power of philanthropy -- for people, the planet, and future generations." The Mohammed bin Rashid Al Maktoum Medal for Philanthropy continues to serve as a benchmark for recognizing leaders who integrate social purpose into their operational models. In honoring Balachandran, the UAE underscores the importance of sustained, cross-border impact, particularly in areas of environmental sustainability, social equity, and humanitarian aid.


Business Standard
10-05-2025
- Business
- Business Standard
Aashish Suresh Mangal Receives Doctorate from Thames International University for Business and Philanthropy
PNN Dubai (UAE), May 10: In a ceremony graced by leading figures from business, academia, and healthcare, Dr. Aashish Suresh Mangal was awarded the Honorary Doctorate in Business Management and Finance by The Thames International University, Europe. This rare and prestigious distinction--reserved for exceptional individuals who have significantly contributed to society through business and humanitarian efforts--recognizes Dr. Mangal's remarkable journey of entrepreneurial excellence and profound social impact. Founded with the mission of nurturing global leaders, The Thames International University is a renowned European institution committed to academic excellence, innovation, and transformative leadership. The conferral of an honorary doctorate is among its highest honours, granted only to a select few global changemakers--making Dr. Mangal's achievement both rare and distinguished. Starting his entrepreneurial journey in 2009 with the establishment of Pace LLC, Dr. Mangal transitioned from his family's pharmaceutical legacy at Merlin Pharma Private Limited to build a dynamic global enterprise spanning surgical manufacturing, agro-commodities, petrochemicals, and technology investments. His vision expanded further in 2014 with the launch of Pace Global FZE in the United Arab Emirates, seamlessly integrating business success with a strong social conscience. "In Dr. Mangal, we don't just see a successful businessman; we see a visionary who builds enterprises that create profound social impact. His ability to harmonize commercial success with humanitarian ideals is the leadership our world desperately needs," said the Vice-Chancellor of Thames International University during the award ceremony. Dr. Mangal's humanitarian work is both deeply personal and far-reaching. Inspired by his wife Payal Mangal's battle with kidney complications, he has championed healthcare accessibility-- notably partnering with the Narmada Kidney Foundation and launching affordable immunosuppressant drugs under the mentorship of Dr. Bharat V. Shah. His swift action during the COVID-19 crisis--providing critical refrigeration units for vaccine storage and supporting hospitals--was officially recognized by the Hon'ble Governor of Maharashtra, Shri Bhagat Singh Koshyari. The Mangal legacy continues through his daughter, Anshika Mangal, who, at just 19 years old, became India's fastest female commercial pilot trainee in the United States, completing her training in a record 5 months and 10 days. Her pioneering spirit mirrors her father's trailblazing journey, making the family a symbol of leadership, resilience, and perseverance. Beyond his corporate endeavours, Dr. Mangal has been instrumental in educating the public as the Editor-in-Chief of Rx Care Magazine, registered with the Government of India, and in organizing initiatives such as the National Transplant Games, supporting organ transplant recipients and promoting blood donation drives. Born on November 1, 1978, Dr. Mangal's life story is a powerful testament to resilience, integrity, and service. Mentored by distinguished figures such as Dr. Uday C Mashelkar, Dr. Bharat V. Shah, Dr. Mita B. Shah, and Dr. Nayesh Patni, he continues to bridge the gap between business growth and societal good with humility and vision. "This honour belongs not only to me but to everyone who shaped and believed in my journey," said Dr. Mangal during his acceptance speech. "True fulfilment comes not from individual success but from creating ripples of positive change that touch lives. This honour strengthens my resolve to continue this mission." The Honorary Doctorate from The Thames International University stands as a powerful validation of Dr. Aashish Suresh Mangal's ongoing mission--building businesses that are engines of change, empowering communities, and leaving a legacy of compassion-driven leadership.