Being in the right place at the right time isn’t always just luck. For some, seeing the trend and acting on it can be the difference between an industry leader and an also-ran. Vikram Hora, Chair and CEO of YTY Group, followed his intuition years ago and moved from finance to manufacturing with a company that provides personal safety with every product it makes. Those products have been crucial as every country grappled with the spread of the COVID-19 virus.
By taking a longer view, Vikram was in the right position to drive YTY Group to its status as one of the largest manufacturers in its sector, and cement its future during the COVID-19 pandemic, when demand for its products was unparalleled.
Vikram began his professional career in investment banking with Merrill Lynch in the US, focusing on mergers and acquisitions, and then in Singapore, in corporate finance. He pursued his MBA from the University of Chicago and went back to investment banking with UBS for a number of years in New York City.
With his new family, Vikram moved to Singapore, where he worked at a hedge fund for a year before moving into the manufacture of hand-protection solutions with Medisafe Technologies in 2008.
Indorama, the parent company of Medisafe at the time, ultimately acquired YTY Group in Malaysia, and he has worked as Chair and CEO of the latter since. In that time he has built the company into one of the world’s largest manufacturers and suppliers of synthetic hand-protection solutions, with three production facilities in Malaysia and one in Indonesia.
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