Drew & Napier executive chairman Davinder Singh is leaving the firm after 37 years to start his own practice.
Following his departure, Jimmy Yim will assume the role of chairman of the board while continuing as the managing director of the dispute resolution department of the firm. Cavinder Bull will continue in the role of chief executive, assisted by deputy chief executive Sushil Nair.
“Renewal in the commercial world cannot meaningfully take place under a shadow,” said Singh in a joint statement with Drew & Napier. “If you train the young to take over, you must trust them to do so.”
Singh started the leadership transition process two years ago when he appointed Bull to take over the chief executive role from him in August 2017. Singh, who had been the firm’s chief executive for 20 years, was asked to stay on as executive chairman with no retirement age, but is clearly confident in the succession he has put in place.
“I have overseen the transition and am convinced that the new team is ready and the firm is in capable hands,” he said. “I therefore believe that it is the right thing to do to move on. I am also very blessed to be able to do that at a time of my choosing.”
Singh will be joined at his new firm by Drew & Napier directors Jaikanth Shankar and Pardeep Singh Khosa.