Reetu Gupta has been named Chairwoman and Ambassadress of The Gupta Group. She takes the reins of the generational, privately owned family office with more than $1 billion in assets and over 3,000 employees. The company has vast holdings in real estate development, hospitality, venture capital and mining.
Leading the Gupta Group into the future
In her new role as Chairwoman and Ambassadress, Reetu will lead strategic planning and philanthropic initiatives across company divisions. Her recent achievements include expanding The Gupta Group into high-rise residential development as well as into the mining industry. Reetu will continue to advance the company’s diversification strategies. While identifying new avenues for growth, she will also work toward bolstering the Canadian economy. She will work towards this goal by new jobs, leveraging her network to improve international trade relations, funding innovative start-ups and further developing residential, commercial, and hospitality infrastructure.
Having held a range of positions within The Gupta Group including CEO, Reetu will step into her new position immediately. She will be succeeding her father Dr. Steve Gupta, who she has worked closely with for more than two decades. Dr. Gupta will hold the position of Executive Chairman and will hand off the strategic vision and planning role to his daughter. This is a significant organizational transition for the company.
Passing the torch
“This organizational shift is an incredible milestone in our company’s history as I officially pass the reins to Reetu who will drive the long-term vision for the company and our growing portfolios,” says Dr. Steve Gupta, Founder and future Executive Chairman of The Gupta Group. “Reetu has a proven track record as an accomplished leader. She’s a visionary who’s passionate about the growth of our business. She is also committed to leading the company’s charitable initiatives through unwavering compassion for others at home and abroad. I am proud to see her transition into this role. I have full confidence in the excellence she will deliver for years to come.”
“As a female business leader, philanthropist, and advocate for all women, I am proud to assume the position of Chairwoman of The Gupta Group. I look forward to finding new growth opportunities for our company and the Canadian economy. Additionally, I look forward to continuing to support important charitable initiatives globally,” says Reetu Gupta. “I also hope to use this new platform to inspire other women and instill change in the business community. As a collective, we can support women in the workplace every day with the understanding that there are no glass ceilings.”
Reetu Gupta’s vision and goals
As Chairwoman, Reetu is committed to inclusivity and skills development. She emphasizes bolstering charitable initiatives rooted in supporting women and children. Recently, she joined the board of the Princess Margaret Hospital Foundation, and is also continuing her philanthropic initiatives abroad. Internationally through The Gupta Family Foundation, Reetu has established a partnership with the Sawiris Family Foundation in Egypt. They are creating a program to provide a holistic approach to funding for female entrepreneurs to scale their businesses. Additionally, The Gupta Family Foundation financed the development of Solar-Powered Schools in a refugee settlement in Bidibidi, Uganda. In partnership with the United Nations and the Simbi Foundation, they opened two new schools in April 2022.
She will also guide acquisitions, partner relations and overall strategy for The Gupta Group Developments, Rogue Insight Capital and Easton’s Group of Hotels. Currently, The Gupta Group has 18 hotels in the portfolio with an additional seven under development. Ongoing notable developments include The Rosedale on Bloor featuring Canada’s first Canopy Hotel by Hilton and a Curio by Hilton Hotel. Rogue Insight Capital has a global portfolio of venture capital and private equity investments including Overtime, Drop Rewards, ThriveWorks and Borrowell.
About The Gupta Group and Easton’s Group of Hotels
The Gupta Group is the parent company for the Gupta family’s global investment portfolio. It includes The Easton’s Group of Hotels, Gupta Group Mining, Gupta Group Developments, Rogue Insight Capital and more. The Easton’s Group of Hotels is one of Canada’s largest private hotel developers and managers. It has grown into a major force in the hospitality and service industry across Ontario and Quebec. Easton’s flagship hotel properties include renowned brands such as Hilton, Marriott and Holiday Inn in diverse locations.
With a dynamic leadership team and passion for excellence, Easton’s Group of Hotels is expanding to new locations. They offer diverse options for the demanding business and leisure traveler. In the highly competitive hotel industry, the Easton’s Group of Hotels’ core advantages are prime locations, premium quality and superb service. Rogue Insight Capital is a venture capital and alternative asset investment fund that finds visionaries who dare to transform the world around them through unique, innovative businesses and provides these companies with strategy, direction, capital and an extensive network. Rogue’s primary mandates include investing in female, immigrant, and visible minority founders, as well as companies that are making a social impact on their community.
To read about more inspiring female leaders, check out April’s Women in the News.