Born in Kuwait and educated in India and Switzerland, Tony Jashanmal joined the group in 1973 as managing director of the Kuwait operations. He established several new businesses, rebuilt the Kuwait operations following the first Gulf War, drove the group’s expansion into India, and established many successful joint ventures.
Wherever oil was found, Jashanmal Group would go, Jashanmal told Arabian Business in 2012, citing his grandfather Rao Sahib’s move in setting up retail outlets in oil-rich Iraq and Kuwait following World War One. The move saw him expand to the rest of the GCC.
Jashanmal strongly believes in the value of education, having served on the board of the Indian School in Kuwait and the Board of Trustees of Aiglon College in Switzerland.
He continues his father’s vision, managing more than 2,000 employees working in at least 100 stores of franchised brands across home appliances, perfumes, cosmetics, electronics and fashion, boasting big names such as Calvin Klein and Brooks Brothers.
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