Bhanu Choudhrie

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Bhanu Choudhrie
Bhanu Choudhrie, June 2019.jpg
Bhanu Choudhrie, June 2019
BornJune 1978 (age 41)
New Delhi, India
NationalityIndian
CitizenshipBritish
EducationUniversity of Boston
OccupationBusinessman
TitleExecutive director, C&C Alpha Group
Spouse(s)Simrin Choudhrie
Children1
Parent(s)Sudhir Choudhrie
Anita Choudhrie

Bhanu Choudhrie (born June 1978) is a British-Indian businessman. He is the founder and executive director of C&C Alpha Group.[1]

Early life[edit]

Bhanu Choudhrie is the son of Sudhir Choudhrie and his wife Anita.[1] He was born in New Delhi, India in June 1978 and moved to the UK in 2000.

Choudhrie was educated at the Boston University, where he studied International Business and Marketing, and has undertaken the Owner Management Programme at Harvard Business School.[2][3][4][5]

Career[edit]

Choudhrie has been the executive director of the family-owned, London based, C&C Alpha Group since 2001, and is responsible for investment strategy.[6] C&C Alpha Group invests principally in the utility, healthcare, hospitality, real estate and aviation sectors. The company operates as a holding company and provides consulting and advisory services to venture capital investors.[7] In 2015, C&C Alpha Group sold its Alpha Hospitals Chain to Cygnet Healthcare for £95m.[8]

In 2006 Choudhrie founded Alpha Aviation Group, an international pilot training provider headquartered in London with flight schools in the Philippines and the UAE.[9] Both schools provide pilots for leading regional airlines, including Air Arabia, VietJet and Cebu Pacific.[10] [11].

Choudhrie is a director of the charity, Path To Success, which is known for its work helping disabled athletes. In 2018, it launched its Path To Tokyo 2020 campaign and is sponsoring female athletes from Para Badminton, Para Powerlifting, Wheelchair Tennis and Wheelchair Basketball, who aspire to represent Team GB at the Tokyo Olympics.[12]

In the US, Choudhrie is a board member of Customers Bancorp and sits on the bank’s executive and risk committees. He was a director of Atlantic Coast Financial Corporation, prior to its acquisition by Ameris in May 2018. Choudhrie was a co-founder of Megalith Capital Management.[13][14]

In 2014, Choudhrie and his father Sudhir Choudhrie were arrested by the UK's Serious Fraud Office (SFO) in connection with their ongoing investigation into bribery in Rolls-Royce's overseas business. Both denied any wrongdoing and were released from bail without charge.[15][16] In 2019, the SFO announced it had dropped its inquiries into Choudhrie and his father.[17]

Personal life[edit]

Choudhrie lives in a £20 million Grade II listed house in London's Belgravia, with his interior designer wife Simrin and their son,[15] Kabir Bhanu Wilfrid Choudhrie, who was born in February 2011.[18]

In 2015, Westminster Council approved his plan to build a two-storey basement under the six-storey house and its mews house to create a cinema and leisure complex and a swimming pool.[1][15]

Choudhrie has been a political supporter of the UK Liberal Democrats and donated to the Party prior to the 2010 General Election.[19] His wife, Simrin, worked as a campaign assistant for Simon Hughes office during his 2004 mayoral campaign and "later assisted Simon with the bid to host the Olympics in 2012".[20] In 2010, she appeared on the Channel 4 TV show The Secret Millionaire.[18]

References[edit]

  1. ^ a b c "C&C Alpha Group". Retrieved 13 January 2017.
  2. ^ Boyce, Lee (25 March 2010). "Millionaire Interview: Bhanu Choudhrie director of C&C Alpha Group". This is Money. Retrieved 1 November 2016.
  3. ^ "Bhanu CHOUDHRIE". Companies House. Retrieved 1 November 2016.
  4. ^ "Mr. Bhanu Choudhrie". Bhanu-choudhrie.blogspot.co.uk. Retrieved 1 November 2016.
  5. ^ "Asian Giants May 2016". issuu. Retrieved 13 January 2017.
  6. ^ "Millionaire Interview: Bhanu Choudhrie". This is Money. Retrieved 6 June 2019.
  7. ^ "C&C Alpha Group Ltd - Company Profile and News". Bloomberg.com. Retrieved 6 June 2019.
  8. ^ Group (CCAG), C&C Alpha. "C&C Announces £95M Sale of Alpha Hospitals". www.prnewswire.co.uk. Retrieved 6 June 2019.
  9. ^ Intelligence, fDi. "Pilot demand gives aviation industry wings". www.fdiintelligence.com. Retrieved 6 June 2019.
  10. ^ "Partners". Building Pilot Careers. Retrieved 6 June 2019.
  11. ^ "Alpha Aviation Academy". uae.aag.aero. Retrieved 6 June 2019.
  12. ^ News, Bdaily Business. "PATH TO TOKYO 2020: CHARITY PATH TO SUCCESS ANNOUNCES SPONSORSHIP OF TWELVE FEMALE PARA-ATHLETES". Bdaily Business News. Retrieved 6 June 2019.
  13. ^ "New Century Bank appoints private equity investor to board". Private Equity Wire. 3 August 2009. Retrieved 6 June 2019.
  14. ^ "Working unpaid jobs resulted in wealth as a private equity investor - Real Business". Working unpaid jobs resulted in wealth as a private equity investor - Real Business : Real Business. 6 September 2016. Retrieved 6 June 2019.
  15. ^ a b c Pettitt, Josh. "Evening Standard". Evening Standard. Retrieved 1 November 2016.
  16. ^ Editorial, Reuters. "Indian-born Sudhir Choudhrie, son dropped from bribery probe into Rolls-Royce sales - Sunday Times". Reuters India. Retrieved 13 January 2017.
  17. ^ Wallace, Tim (22 February 2019). "SFO abandons probes into Rolls-Royce and Glaxo". The Telegraph. ISSN 0307-1235. Retrieved 6 June 2019.
  18. ^ a b "Secret Millionaire's six-figure gift to Sheffield charity". Sheffield Telegraph. 18 April 2011. Retrieved 1 November 2016.
  19. ^ "Search - The Electoral Commission". search.electoralcommission.org.uk. Retrieved 13 January 2017.
  20. ^ Rupert Neate; Rowena Mason; Rajeev Syal. "Lib Dems mired in row after party donor blacklisted by fraud squad | Politics". The Guardian. Retrieved 1 November 2016.