Entrepreneur of the Year India 2014
| Kumar Mangalam Birla |
Aditya Birla Group
| Mallika Srinivasan |
Chairman and CEO
| Keki Mistry |
Vice Chairman & Chief Executive Officer
Housing Development Finance Corporation
| Sandeep Naik |
| R. Seshasayee |
Executive Vice Chairman
| Arun Duggal |
| Shardul Shroff |
Amarchand & Mangaldas & Suresh A Shroff & Co
| Dr. Yusuf K. Hamied |
| Kalpana Moraparia |
Chairman and CEO,TAFE Group
A gold-medalist in Econometrics from the University of Madras, Mallika Srinivasan graduated as a member of the Dean's Honor List, and the Alpha Beta Gamma Society from the Wharton School of Business, University of Pennsylvania, USA, and was ranked as one of its top 125 most successful alumni. Currently, she is on the Board of AGCO Corp (USA), TATA Steel Limited, TATA Global Beverages Limited; the Chairman of The United Nilgiri Tea Estates Company Limited;on the Excutive Board of Indian School of Business (Hyderabad) and on the Governing Board of Rural Technology and Business Incubator, Indian Institute of Technology (Chennai).
The accolades and awards she has received in the recent years are testimonial to her professionalism. In 2011, she was voted Entrepreneur of the Year by Ernst and Young; awarded the Woman Leader of the Year award by Forbes India; recognized by Forbes Asia as one of the Top 50 Asian Power Businesswomen, ranked second among India’s Most Powerful Women in Business by Fortune India and named among the six Most Powerful Women of India Inc. by Business Today, while the Asian Business Leadership Forum (ABLF) honored her with the esteemed ABLF Woman of Power Award. NDTV Profit, India’s leading business television channel, accorded her the special honor of Business Thought Leader of the Year 2012, at the NDTV Profit Business Leadership Awards. Recently, the India Today Woman magazine featured her in the Power List 2013 --- At the Top List. She was a member of the Economic Times Awards 2013 jury.
Mr Arun Duggal is Chairman of Board of Directors of Shriram Capital, Shriram Transport Finance Company, Shriram Properties, Shriram City Union Finance, and Shriram EPC. He is also Chairman of Bellwether Microfinance Fund, which provides equity capital to promising Micro Finance organizations and helps them in capacity building. Mr. Duggal is a Senior Advisor to TPG Capital, a major Private Equity firm headquartered in San Francisco and Credit Asia Capital, Singapore. Prior to joining Shriram Group, Mr. Duggal had a 26 years career with Bank of America, mostly in the U.S., Hong Kong and Japan. He spent ten years with the New York Corporate Office of Bank of America handling multinational relationships. Mr Duggal’s diversified expertise and affable nature has stood the group in good stand as it catapulted in market value over the last 8 years. Mr. Duggal holds a Mechanical Engineering degree from Indian Institute of Technology (IIT), Delhi and holds a post graduate degree in management from the Indian Institute of Management (IIM), Ahmedabad.
Sandeep Naik joined General Atlantic in 2012 as head of our India team, based in Mumbai, and serves on the firm's Executive Committee. Sandeep manages and oversees all of GA’s investments in the region, which include And Designs India Limited, IndusInd and National Stock Exchange. He serves on the board of directors of And Designs India Limited.
Before joining GA, Sandeep served as a partner and co-head of the India office for Apax, leading their investments in healthcare, financial & business services and retail & consumer sectors. Prior to joining Apax, he was a Global Marketing Manager at Medtronic Inc, a scientist at Mayo Clinic and a Consultant with McKinsey. He is also the co-founder of a medical device start-up firm, InfraScan Inc., which is focused on detecting bleeding inside the brain using a handheld device.
Mr. Naik is an avid community worker. Among other philanthropic endeavors, he co-founded ToolBox India, an organization that brings professionals and non-profits together to improve productivity and efficiency within the social sector.
Mr. Naik holds a BTech in Instrumentation Engineering from the University of Mumbai, an M.S. in Biomedical Engineering from the Medical College of Virginia and an M.B.A. in Finance from The Wharton School of Business, University of Pennsylvania. Mr. Naik was also selected as a Young Global Leader by the World Economic Forum and currently serves on the Global Agenda Council of ‘New Order of Economic Thinking.
Mr. R Seshasayee Vice President, Confederation of Indian Industry and Managing Director, Ashok Leyland Limited Born on June 1, 1948, Mr R Seshasayee is a Chartered Accountant, who started his career with Hindustan Lever Limited in 1971. Mr Seshasayee joined Ashok Leyland in 1976. Appointed as Executive Director in 1983, he was elevated as Deputy Managing Director in 1993 and has been the Managing Director since 1.4.1998. On the National Council of Confederation of Indian Industry (CII) for over fifteen years, Mr. Seshasayee has been Chairman of several national committees of CII including on Eighth Plan, Economic Affairs, Defence, Surface Transport and International Trade & WTO. He was a member of the Government of India delegation to Doha Ministerial Round of WTO in 2001. He was also past Chairman of the CII – Southern Region. For the year 2004-05, he was Chairman of the National Committee on Economic Affairs. Currently, he is Vice President of the Confederation of Indian Industry.He was the President of Society of Indian Automobile Manufacturers (till 3rd Sept. 03), the apex body representing automobile industry in India. He is now the Chairman of International Trade Committee in SIAM.Mr. Seshasayee has served on several professional committees such as the Accounting Standards Board and the Research committees of the Institute of Chartered Accountants of India. He is a member in the governing council of the Institute for Financial Management & Research and the Academy for Management Excellence. Recently, he has taken over as Chairman of the Board of Governors of National Institute of Technology Tiruchirapalli (NITT)
He has served as a director in ICICI Bank, EID Parry India Ltd., and Sundaram Asset Management Co. Ltd. He is also associated with several charitable, cultural and social welfare organizations.
He was the recipient of the “For the sake of Honour” award from Rotary Club.
Mr. Keki Mistry has obtained a Bachelor's Degree in Commerce from the Mumbai University. Mr. Mistry is a Fellow Member of the Institute of Chartered Accountants of India.
Mr. Mistry started his career with The Indian Hotels Company Limited, one of the largest chain of hotels in India. In the year 1981, Mr. Mistry joined Housing Development Finance Corporation Limited (HDFC). Mr. Mistry was inducted on to the Board of Directors of HDFC as an Executive Director in the year 1993 and was elevated to the post of Managing Director in November 2000. In October 2007, Mr. Mistry was appointed as Vice Chairman & Managing Director of HDFC and became the Vice Chairman & CEO in January 2010. Mr. Mistry is a Director on the Board of Directors of HDFC, HDFC Asset Management Company Limited, HDFC Standard Life Insurance Company Limited, HDFC ERGO General Insurance Company Limited, GRUH Finance Limited, Sun Pharmaceutical Industries Limited, The Great Eastern Shipping Company Limited, Greatship (India) Limited, Next Gen Publishing Limited, Shrenuj & Company Limited, Torrent Power Limited, BSE Limited and HCL Technologies Limited. Mr. Mistry is also member on the India Advisory Board at Price Waterhouse Coopers and Director of Griha Investments, Mauritius, India Value Fund Advisors Private Limited and the H T Parekh Foundation. Mr. Mistry is the Chairman of the Audit Committee of the Great Eastern Shipping Company Limited, Sun Pharmaceuticals Industries Limited, Greatship (India) Limited, and Torrent Power Limited. Mr. Mistry is a member of the Audit Committee of HDFC Standard Life Insurance Company Limited, HDFC ERGO General Insurance Company Limited, HDFC Asset Management Company Limited, GRUH Finance Limited and Shrenuj & Company Limited.
Mr. Mistry is a member of the Remuneration Committee of GRUH Finance Limited and Greatship (India) Limited. Mr. Mistry is the Chairman of the Nomination Committee of Greatship (India) Limited.
Mr. Mistry holds 2,91,915 equity shares in the Bank as on March 31, 2014
Yusuf K. Hamied
Yusuf Khwaja Hamied (born 1936) is a leading Indian scientist and chairman of Cipla, a socially conscious generic pharmaceuticals company founded by his father Khwaja Abdul Hamied in 1935. Dr. Hamied is best known outside India for defying large Western pharmaceutical companies in order to provide generic AIDS drugs and treatments for other ailments primarily affecting people in poor countries. He was awarded the Padma Bhushan by the Government of India in 2005. Hamied has led efforts to eradicate AIDS in the developing world and to give patients life-saving medicines regardless of their ability to pay and has often been characterized as a modern-day Robin Hood figure as a result. Former head of Johnson and Johnson Ajit Dangi says plainly "In Africa, Cipla is a temple and Dr. Hamied is God." To this Hamied has countered "I don't want to make money off these diseases which cause the whole fabric of society to crumble".
Yusuf Hamied has also been enormously influential in pioneering development of multi-drug combination pills (also known as fixed-dose combinations, or FDCs), notably for HIV/AIDS, tuberculosis (TB), asthma and other ailments chiefly affecting developing countries, as well as development of pediatric formulations of drugs, especially those benefiting children in poor settings. These innovations have greatly expanded access to medicine and increased drug safety by ensuring proper dosages are taken. He is also highly regarded for his leading role in expanding the production of bulk drugs and "active pharmaceutical ingredients" (APIs, the active chemical components in medicines) in India. In 2009 the Yusuf Hamied Centre was opened at Christ's College, Cambridge.
Yusuf Hamied was awarded the 'CNN-IBN Indian of the Year' in the category of business by CNN-IBN in 2012 for "for taking on multinational pharma companies and making some of the essential drugs more affordable to the masses in the developing countries. In late 2013, he was also named one of the India's "25 Greatest Global Living Legends" by news broadcaster NDTV. He was awarded the Padma Bhushan, India's third highest civilian honour by Government of India in 2005.
Kumar Mangalam Birla (Jury Chair)
Mr. Kumar Mangalam Birla (46) is the Chairman of the US $40 billion multinational Aditya Birla Group. The Birla Group operates in 36 countries across six continents with over 50 per cent of its revenues flowing from its operations outside India.
The Group's businesses are spread across industries. These include aluminium, copper, cement, textiles (pulp, fibre, yarn, fabric and branded apparel), carbon black, insulators, natural resources, power, agribusiness, telecommunications, financial services, IT/ITeS, retail and trading.
Mr. Birla took over as Chairman of the Group in 1995, at the age of 28, after the untimely demise of his father. As Chairman, Mr. Birla has taken the Aditya Birla Group to an altogether higher growth trajectory. In the 17 years that he has been at the helm of the Group, he has accelerated growth, built a meritocracy and enhanced stakeholder value.
In the process he has raised the Group's turnover from US $2 billion in 1995, to US $40 billion today. Mr. Birla has restructured the businesses to emerge as a global/national leader in the sectors in which the Group operates. He has made 26 acquisitions in 17 years in India and globally, the highest by an Indian multinational in India.
The acquisition of Novelis, a global metals major, in 2007, the second largest acquisition ever by an Indian company, led to a new-found respect for Indian companies and stoked a higher level of interest in the country as well. Recently, the acquisition of Columbian Chemicals, a US-based company and the world's third largest carbon black manufacturer positioned the Group as the No. 1 player in this sector, given its own sizeable carbon black operations. Likewise, the acquisition of Domsjö Fabriker, a leading Swedish speciality pulp manufacturer enables the Group's Pulp and Fibre business to further consolidate its global position.
Under his stewardship, the Aditya Birla Group enjoys a position of leadership in all the major sectors in which it operates. Over the years, Mr. Birla has built a highly successful meritocratic organisation, anchored by an extraordinary force of 136,000 employees belonging to 42 different nationalities.
A commerce graduate from the Mumbai University, Mr. Birla is a chartered accountant and an MBA from the London Business School.
Mr. Shardul S. Shroff is the Managing Partner of Amarchand Mangaldas and heads the New Delhi and Kolkata offices. Mr. Shroff started the New Delhi office in 1980. Amarchand Mangaldas today, is one of the leading Law Firms in India, with over 42 partners and 436 lawyers across the country. Shardul Shroff, in the capacity of the Managing Partner, has catalyzed several practice areas of the Firm out of its New Delhi office. His specializations include mergers and acquisitions, capital markets, disinvestments and privatization of government shares, project finance, corporate finance, structured finance insolvency and corporate reconstruction. He has been instrumental in developing the media law, policy and regulatory practice, and technology law practice of the Firm and has served on a number of high-powered committees appointed by the Government of India, including committees on various economic legislations. Mr. Shroff has led the Firm’s practice in diverse areas such as Mergers and Acquisitions, Capital Markets and Infrastructure (specially Airport Privatizations, Aviation, Oil & Gas, Power, Telecom, Ports, Roads) in complex cross border transactions involving multiple jurisdictions, including USA, UK, Japan, China, Russia, France, Germany, Italy, Mexico, Brazil, Saudi Arabia, Qatar, Bahrain, Iran, South Africa, Nigeria, Singapore, Indonesia, Malaysia, Thailand, Pakistan and Australia. During his career, Mr. Shroff has been involved in numerous complex and high profile transactions, with the most recent being his involvement in advising the reconstituted board of Satyam Computer Services on matters/issues pertaining to restructuring, bidding procedure, takeover offerings, capital markets, regulatory hearings, general corporate advisory and litigation. He has participated in the formulation and drafting of several important economic legislations and company law reforms in India. He has also been on a number of high-powered committees appointed by the Government of India, including committees on various legislations.
Recently, Mr. Shroff has been appointed as a member of the Confederation of Indian Industry (CII) Special Task Force on Corporate Governance, chaired by Dr. Naresh Chandra. Earlier, he served as a member on the Justice V.U. Eradi Committee for reforms to corporate insolvency. Mr. Shroff also chaired the Government of India committees for reviewing Offences and Penalties
under Company Law and Valuation methods and principles for disposal of corporate properties, assets and shares. As a member of the high-powered J.J. Irani Committee (2006) on corporate governance, Mr. Shroff played an important role in providing the outline to draft the Mergers & Acquisitions chapter. In 1993-94 and again in 1996-97, he was a member of the Bhagwati Committees appointed by SEBI for drafting and reviewing the Substantial Acquisition of Shares & Takeover Regulations. He was also a member of the Second Naresh Chandra Committee and the ‘Dr. Amit Mitra Radio Broadcast Policy Committee’, a Government Committee for instituting reforms for licensing and privatization of the radio sector and for proposing a national broadcast regulator. In the area of Technology Law, he has advised both the Information Technology and Telecom Ministries of the Government of India and has drafted the Data Protection Bill for the proposed amendment to the Information Technology Act for the Government of India. He was the Chairperson of the working group, constituted by the Government of India, for preparing an Optical Disc Law and he is also a member of the task force for the National Initiative for Counterfeiting and Piracy, headed by the former Prime Minister of India, Mr. I.K. Gujral. He is the chairperson of the FICCI—Ministry of Science & Technology Working Group for drafting a comprehensive draft legislation on Innovation Law. The World Bank had also nominated him to their Advisory Group as the legal expert for Infrastructure in India. He has authored the Treatise on Privatization in the SAARC region for SAARC Law. Shardul Shroff also serves on a number of committees of the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI). Mr. Shroff is highly regarded as an astute lawyer, and has been consistently rated as a leading lawyer by several international fora and publications, including the Who’s Who Legal, AsiaLaw, Chambers Global, Euromoney, International Financial Law Review (IFLR) etc. Mr. Shroff is well-known for his strong representations of public sector undertakings and work with the Government of India and its various agencies. He has the distinction of participating in the formulation and drafting of several important economic legislations of India, by virtue of his membership of several high-powered committees appointed by the Government of India.
CEO, J.P Morgan
Ms. Kalpana Morparia is Chief Executive Officer of J.P. Morgan, India. Ms. Morparia leads each of the firm's lines of business - Investment Banking, Asset Management, Treasury Services and Principal Investment Management. She also has responsibility for Service Groups operating in India, including Global Research, Finance, Technology and Operations. Internationally, Ms. Morparia is a member of J.P. Morgan's global strategy team headquartered in New York and the J.P. Morgan Asia Pacific Executive Committee. Ms. Morparia serves as an independent director on the Boards of several leading Indian companies.
Prior to joining J.P. Morgan India, Ms. Morparia served as Vice Chair on the Boards of ICICI Group. She was a Joint Managing Director of ICICI Group from 2001 to 2007. Ms. Morparia had been with the ICICI Group since 1975. ICICI Group is India's second largest bank and has leadership positions in banking, insurance, asset management and private equity and a growing international franchise.
A graduate in law from Bombay University, Ms. Morparia has served on several committees constituted by the Government of India. Ms. Morparia was named one of `The 50 Most Powerful Women in International Business' by Fortune magazine in 2008 and one of the 25 most powerful women in Indian business by Business Today, a leading Indian business journal, in the years 2004, 2005 and 2006 and 2008. Ms. Morparia was also named one of `The 100 Most Powerful Women' by Forbes magazine in 2006.