ASHBURN—The Institute of Building Technology and Safety (IBTS) is mourning the loss of its Co-Founder and President Shyam Choudhary, who passed away on July 13, 2020.
“With Shyam’s passing, IBTS has lost a great leader, and I have lost my dear longtime friend and business partner,” IBTS Chief Executive Officer Ashok Goswami said in a statement earlier this week.
Early Drive to Service
Choudhary and Goswami first met each other as students at Punjab Engineering College in India in the 1960s and became fast friends. A few years later, the two college grads jumped on a plane together and traveled to New York, eventually making their way to Washington, D.C. Although initially they pursued different professional paths, they worked together again in the mid-1970s for the National Conference of States on Building Codes and Standards (NCSBCS).
It was at the NCSBCS that Choudhary and Goswami’s entrepreneurial spirits coalesced, and eventually they were inspired to launch their own nonprofit organization. They saw a need for an organization designed to help federal, state, and local governments implement the building regulations that protect health, life safety, economic investments, and welfare of citizens. Putting pen to paper, they developed the organization that would become IBTS.
At the time of his death, Choudhary had accrued more than 40 years of experience overseeing the delivery of high-quality services to small and large governments alike. A structural engineer with an MBA, Choudhary started his career in code compliance, quality assurance, regulatory compliance, and performance monitoring on national housing programs. As COO/CFO of IBTS, Choudhary was not only responsible for the organization’s successful and steady growth, but also for its pioneering entrepreneurial solutions.
Growing the Company
IBTS’ initial focus was of coordinating and facilitating federal and state regulations with the manufactured housing industry through a Department of Housing and Urban Development (HUD) program. Under Choudhary’s leadership, IBTS has grown to $50 million in annual revenues, increased staff from 28 to more than 200 employees, and opened offices in nine locations, including Puerto Rico. In other words, Choudhary’s vision came to fruition in IBTS—it has become a respected and preferred nonprofit service provider to communities and government agencies nationwide.
At every step of his professional life, Choudhary stayed true to implementing a service leadership philosophy at IBTS, always finding innovative ways to meet the emerging needs of communities and local/state governments, while keeping their costs down. As if that were not enough, Choudhary also served as CEO of three wholly-owned subsidiaries of IBTS that manage facilities and provide a menu of services to cities, including public works, utilities, engineering/planning, code enforcement, sanitation, financial, administrative, technology, revenue collection, website, facility and fleet management and resolution of citizen issues.
Despite how much IBTS has grown, Choudhary’s vision remains central to everything the company does: serve and strengthen communities for a safer, more resilient future.
“Words cannot express the gratitude and admiration I feel for Shyam when I think of how IBTS has grown from that single focus into the company it is today. This is all thanks to his vision and dedication,” said Goswami.
A Charitable Life
Choudhary’s love of service to mankind did not stop with the creation of IBTS; he continually sought ways to express his generosity through acts of charity. For several years, Choudhary donated time and money to provide impoverished children with an education and important life skills. To expand on these efforts, he and Goswami established a 501(c)(3) charitable organization in 2019. The organization, Choudhary-Goswami Opportunities for the Underprivileged, will continue to support and work for its mission to find and contribute to outstanding organizations that uplift the underprivileged in the U.S. and other places around the globe.
“Shyam’s wisdom, work ethic, and incredible generous spirit will stay alive in our hearts and minds,” said Goswami.
Choudhary is survived by his loving wife and children. IBTS will be making a contribution to Choudhary and Goswami’s charitable foundation in his memory. If you would like to share your condolences, please visit this link.