Afcons director PK Johri dies in Jakarta hotel

Vol 19, PW 3 (08 Oct 15) People & Policy
     

Mumbai-based Afcons has been inundated with CVs from people interested in heading its oil and gas division following the death of PK Johri on a business trip to Indonesia.

Most of the CVs are from rival L&T where executives are desperate to abandon an increasingly toxic brand drowning in a corruption scandal. Johri, 65, suffered what colleagues say was “a massive heart attack” on (Monday) September 28 in his Jakarta hotel room.

“Staff tried to save him,” we hear. “He was rushed to hospital where they gave injections to try to revive him but within 45 minutes doctors declared him dead.

” Johri’s body was repatriated to Mumbai on (Thursday) October 1 and funeral rites carried out among family, friends and colleagues the same day in the Mumbai suburb of Goregaon. Two days later on September 30 privately-owned Afcons, part of the $2.5bn Shapoorji Pallonji (SP) Group, held its Annual General Meeting (AGM) where Johri’s death overshadowed proceedings and inevitable questions about his replacement were discussed among senior management.

By all accounts Afcons chairman Shapoor Mistry, son of SP founder Shapoorji Mistry and brother of Cyrus Mistry, Tata Sons chairman, is determined to appoint someone from within the Group. “I don’t think Afcons will look for an outsider,” we hear.

“Shapoor is clear it will be someone from inside, from within the Shapoorji Pallonji Empire.”