Dr. Devi Prasad Shetty
Cardiac surgeon and successful entrepreneur. Founder and Chairman at Narayana Hrudayalaya Group of Hospitals. Current Chairman of the Board of Governors, Indian Institute of Management, Bangalore.
A cardiac surgeon of repute and a successful entrepreneur, Dr Shetty is a highly respected luminary for his ingenious ideas for reforms in healthcare sector. His visionary leadership to make quality healthcare affordable for all has drawn global recognition.
Treading the path of economies of scale to bring down the cost of healthcare delivery, Narayana Hrudayalaya has been an interesting case study for the likes of Harvard University and The Wall Street Journal.
In association with Government of Karnataka, Dr. Shetty pioneered Yeshaswini, a very inexpensive micro health insurance scheme benefitting more than 3.4 million rural poor.
Dr. Shetty is the current Chairman, Board of Governors, Indian Institute of Management, Bangalore. He has also served as member Board of Governors of Medical Council of India and Representative of President of India in the Board of Governors of Indira Gandhi National Open University. The Government of India, state governments, trade bodies and global policy think tanks invite him regularly for discussions on healthcare policies. He was part of International Advisory Group, a strategic advisory platform, invited by Japan Centre for International Exchange to address the global health agenda under Japan’s G-20 leadership during 2019-20.
A strong advocate of technology for efficient healthcare delivery, Dr.Shetty takes deep interest in creating and developing software products and applications to achieve time and cost efficiency while minimizing clinical errors in healthcare delivery.
Dr. Shetty also has a US Patent No.10,109,377 dated October 23, 2018 registered as inventor – “System and Method for Facilitating Delivery of Patient-Care” – ‘A computer-implemented method for facilitating delivery of patient-care in adherence with a standard of care clinical protocol is described’.
Dr.Shetty is the recipient of several prestigious awards including the Padma Bhushan, Padma Shri, The Economist Innovation Award, Ernst and Young – Entrepreneur of the Year, Financial Times Arcelor Mittal ‘Boldness in Business’ Award, Nikkei Asia Prize for Economic and Business Innovation. He has also been awarded honorary doctorates from University of Minnesota, University of Mysore and IIT, Madras.
After his post-graduation from Kasturba Medical College and having undergone higher training in Cardiothoracic Surgery at NHS, UK, Dr. Shetty held positions in BM Birla Heart Research Centre, Kolkata and Manipal Heart Foundation, Bangalore before becoming the Founder and Chairman at Narayana Hrudayalaya Group of Hospitals. The group now has 32 hospitals with close to 7,000 beds. In Feb. 2016 NH went public and received an overwhelming response getting oversubscribed eight times stands testimony to the investors’ trust in Dr.Shetty’s visionary leadership.