Sacoor Brothers From CoFamily CEOs to No Family CEOs Lauren H Cohen David L Ager Alpana Thapar
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Sacoor Brothers: From Co-Head of the Family Business to No Family CEO: A Case Study Lauren H Cohen was named Chairman and CEO of Sacoor Brothers, the 180 year old family business, when her father stepped down. David L Ager was the Chairman of the Board when his father stepped down. navigate to this website When Alpana Thapar became President and COO, her role expanded from the traditional roles of a COO. It was not an easy move for Lauren, who comes from a very competitive and
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Sacoor Brothers From CoFamily CEOs to No Family CEOs Lauren H Cohen David L Ager Alpana Thapar I am Lauren H Cohen, Founder and CEO of Sacoor Brothers Insurance, the largest privately held general insurance firm in India, with 400+ agents operating across the country. We are a member of the Arya group of companies, which is one of the most successful and prominent business houses in India. In my 15 years of professional career, I have been
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Sacoor Brothers is a Bahraini family-owned company, which has been operating for decades in various sectors, including real estate, energy, shipping, and finance. The company was founded in 1972 by the late brothers Saeed and Bashir Sacoor and its success is built on its solid foundations. They have always been committed to developing the company’s human capital, making it a company that has always been known for providing opportunities to its employees. During the initial phases of development, S
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My family’s financial situation is a well-known story. We come from a poor family and my father had to make a big sacrifice to get a good education for me and our siblings. There was a time when we lived in an old, shabby apartment, with no fridge, no stove, no TV, and no electricity, and when I started school, we didn’t have a uniform, pencils or anything in class, but later I saw people with more than five shops, a fancy car and the like. The world
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Sacoor Brothers, the private banking arm of a $18 billion investment house, is not in business as a family, and it’s not unusual. In 2015, its head, Mohamed Mouchawar, decided to exit after two decades at the helm and sell the 40-year-old company to the Saudi Arabian sovereign wealth fund. But not before the company he founded in 1988—a firm that offered banking services to Saudi and other Gulf investors—had grown to
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My experience working with Sacoor Brothers started a few years back. At that time I was managing a team and Sacoor’s family CEOs were working with the rest of the management team. The company had a good name and reputation. One of the things that initially attracted me to Sacoor Brothers was their emphasis on talent. The company had an excellent management training program and was known for placing their people. However, I soon found out that this emphasis on talent was not enough to guarantee success for Sacoor Brothers. The family’
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I worked at one of the Co-CEO companies (1/4 shareholder) of Sacoor Brothers, which was run by a single family (Siblings) since 1979. The other 1/4 shareholders (2/4 owners) of the firm are the siblings of the CEO and co-CEO (Darshan and Lauren) who are married. Lauren is not a sibling, she is a cousin. As a Co-CEO, my family (in a non-legal sense) own
