Indian Ceos Group 10

8/8/2019 Indian Ceos Group 10

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Indian

CEOs

Submitted to:

Prof. Rohita Dwivedi

Prepared by:

(Group 10)

Amit Bhimani ()

Mital Gajera (21)

Vishal Jain ()

Binitha Nair ()

Himanshu Shah (51)


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Malvinder Singh

Birth date: 25th February, 1973

Age: 36

Positions held: Group Chairman of Fortis Healthcare and

Religare enterprises, former chairman of Ranbaxy Laboratories

Ltd.

Hobbies:Photography, travelling, movies

Education

An MBA graduate from the Fuqua School of Business, Duke University, USA (1996-98),

Malvinder has done his under graduate studies in St Stephens college BA (Hons) Economics,

(1990-93). Before that Malvinder did his schooling from Doon School. During 1993-94Malvinder was briefly associated with American Express Bank in Delhi and Mumbai. In 1994

Malvinder joined Ranbaxy as a management trainee.

In Ranbaxy circles, brothers Malvinder Mohan Singh and Shivinder Mohan Singh are referred to

as MMS and SMS respectively.

Feathers to his cap

Malvinder is a member of the Young Global Leaders Forum (YGL), an initiative of theWorld Economic Forum (WEF).

He is also a member of the board of visitors at the Fuqua School of Business, DukeUniversity and serves on the board of the INSEAD Global India Council.


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A member of the Board of Trade, constituted by the Ministry of Commerce & Industry,Government of India, Malvinder advises the Government on critical Policy issues relating

to the countrys Foreign Trade, with the objective of significantly advancing Indias

exports.

Malvinder is also a member of the Board of the Indian Council for Research onInternational Economic Relations (ICRIER)

1. Malvinder Singhs contribution to RanbaxyMalvinder Singh put Ranbaxy in a position of leadership and consummated over 14 inorganic

deals across geographies in less than two years. He unlocked value in Ranbaxys business model

and focused the company on future growth drivers by monetizing large on-going patent

challenges, investing resources in high growth emerging markets and forging strategic research

alliances with global big pharma. Malvinder is credited of have having successfully led the

company through a cultural transformation initiating a series of enterprise wide people centric

initiatives. However in 2008, due to the huge debts that Ranbaxy had it sold 50.1% stake to

Daiichi Sankyo co. with a deal valued at about Rs172 billion. Malvinder Singh remained the

CEO of the company till 2009, after which Mr. Atul Sobit was made the CEO of the company.

Malvinder Singh also said that this was a strategical deal and not a sellout.

Controversies surrounding Ranbaxy during Malvinders tenure

In December 2005, Ranbaxy's shares were hit hard by a patent ruling disallowing production of

its own version of Pfizer's cholesterol-cutting drug Lipitor, which has annual sales of more than

Rs 43 billion. In June 2008, Ranbaxy settled the patent dispute with Pfizer allowing them to sell

Atorvastatin Calcium, the generic version of Lipitor(R)and Atorvastatin Calcium-Amylodipine

Besylate, the generic version of Pfizer's Caduet(R) in the US starting November 30, 2011.

2. Malvinder Singhs contribution to Fortis Health care Ltd:


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Under the leadership of Malvinder, Fortis Healthcare acquired Greenfield hospitals division of

Wockhardt comprising 10 hospitals in metro cities of Mumbai, Bangalore and Kolkata

(including two under construction) for Rs 909 crore. With this Fortis put itself in a very strong

hold in the hospital sector and proved to be a major competitor to the Apollo Hospitals.

Escorts Cardiac Hospitals were also acquired in 2005 by Fortis Healthcare and thus establishing

a strong foothold in the Cardiac Hospitals also.

3. Malvinder Singhs contribution to Religare Finance:Under the leadership of Malvinder, Religare flourished in the financial services with the

company foraying into the new sectors such as insurance through a joint venture with Aegon life

insurance. Apart from that, Religare Technova was also started which an IT solutions is

providing company. Also Religare acquired Lotus Mutual fund in 2008, to kick start their mutual

fund business.

Personality traits of Mr. Malvinder Singh

Highly competitive

Sensible Emotionally stable Urge to be a market leader in every business Foot in the mouth personality Casual, approachable An MBA graduate from the Fuqua School of Business, Duke University, USA (1996-98),

Malvinder has done his under graduate studies in St Stephens college BA (Hons)

Economics, (1990-93). Before that Malvinder did his schooling from Doon School.

During 1993-94 Malvinder was briefly associated with American Express Bank in Delhi

and Mumbai. In 1994 Malvinder joined Ranbaxy as a management trainee.

Important milestones in Malvinder Singhs career


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1993: Completes his graduation in Economics from St. Stephens college 1993-94: Worked with American Express Bank in Delhi and Mumbai. 1994: Joins Ranbaxy as management trainee

1998: Completes his MBA from the Fuqua School of Business, Duke University, USA 1998: Becomes the chairman of the Board of Directors of Ranbaxy 1998: Ranbaxy enters the U.S. market 2005: Controversy with Pfizer for their patented drug Lipitor 2005: Acquisition of Escorts Cardiac by Fortis Healthcare Ltd. 2008: Ranbaxy sells its 50.1% stake to Japanese Daichii Sankyo; the stake held by

Ranbaxy is further decreased later.

2008: Acquisition of Lotus Mutual Fund by Religare 2009: Malvinder Singh quits the post of CEO of Ranbaxy 2009: Acquisition of Greenfield Hospitals division of Wockhardt Healthcare


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Azim Premji

Born: July 24, 1945

Age: 64 years

Position: Chairman of Wipro Technologies

Education:-Schooling: St. Mary's School, Mumbai

-Electrical Engineering from Stanford University, USA

Career and contribution to WIPRO:

He is an icon among Indian businessmen and his success story is a source of inspiration to a

number of budding entrepreneurs.

Azim Hashim Premji was studying Electrical Engineering from Stanford University, USA when

due to the sudden demise of his father, he was called upon to handle the family business. Hisfather M. H. Premji owned the Western India Vegetable Product Company (which later became

Wipro Ltd.) which made hydrogenated vegetable oils and fats. Azim Premji took over the reins

of family business in 1966 at the age of 21.

At the first annual general meeting of the company attended by Azeem Premji, a shareholder


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doubted Premji's ability to handle business at such a young age and publicly advised him to sell

his shareholding and give it to a more mature management. This spurred Azim Premji and made

him all the more determined to make Wipro a success story. And the rest is history.

When Azim Premji occupied the hot seat, Wipro dealt in hydrogenated cooking fats and later

diversified to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries,

lighting products and hydraulic cylinders. Thereafter Premji made a focused shift from soaps to

software.

Under Azim Premji's leadership Wipro grew from a company of US $1.5 million to a giant of

$1.4 billion in hydrogenated cooking fats to a pioneer in providing integrated business,

technology and process solutions on a global delivery platform. Today, Wipro Technologies is

the largest independent R&D service provider in the world and is one of India's largest software

companies and is ranked among the top 100 technology companies globally. His assets include

74% of Wipro, the remaining 26 percent belonging to the cofounder of Wipro.

y 1966 Joined Western India Vegetable Product Companyy 1968- Chief Executive Officer and Managing Director of Wipro Ltd.

The Company began manufacturing light bulbs with General Electric and other consumer

products including soaps, baby care products, shampoos, powder etc.

y 1975- Wipro Fluid Power business unit manufacturing hydraulic cylinders and trucktippers was started

y 1980s- Wipro entered the IT field, taking advantage of the expulsion of IBM from theIndian market in 1975. The companys IT division became the worlds first to win SEI

CMM level 5 and PCMM Level 5 (People Capability Maturity Model) certification, the

latest in quality standards.

y 2001- Premji established Azim Premji Foundation, a not-for-profit organization with avision of influencing the lives of millions of children in India by facilitating the

universalisation of elementary education.

Major Achievements:


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Premji has been recognized by Business Week as one of the Greatest Entrepreneurs ofAll Time for his vision and leadership that has been responsible for Wipro emerging as

one of the worlds fastest growing companies.

He was also declared the Businessman of the Year 2000 by Business India In 2000, Asiaweek magazine, voted Premji among the 20 most powerful men in the

world.

In 2000, he was conferred an honorary doctorate by the Manipal Academy of HigherEducation.

From 2001 to 2003, Forbes listed Azim Premji among the 50 richest people in the world. from 1999 to 2005, according to Forbeshe was the richest person in the country. In 2003, BBC regarded him as an Indian Bill Gates. In April 2004, Times Magazine, rated him among the 100 most influential people in the

world.

In 2005, he was honoured by the Government of India with a Padma Bhushan, the third-highest civilian award in India.

He is featured in the Business Weeks all-time top 30 entrepreneurs of the world in 2007. He is a member of the Prime Minister's Advisory Committee for Information Technology

in India.

As on October 6, 2007, he was the 5th richest Indian, with a net worth of $13.6 billion. He was awarded a Doctor of Letters (D.Litt.), an honorary degree , from the Aligarh

Muslim University on the 18th of June, 2008 on the occasion of 58th Convocation

Ceremony of the University.

In 2009, he was awarded an honorary doctorate from Wesleyan University inMiddletown, Connecticut for his outstanding philanthropic work.

Feathers in his cap


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This person is connected to 29 board members in 4 different organizations across 4 different

industries.

Chairman of the Board, Chief Executive Officer and Managing Director of Wipro Ltd. Chairman of the Board of Wipro Infrastructure Engineering Limited. He serves as a Director of Media Lab Asia, Wipro Ltd. and Wipro Infrastructure

Engineering Limited.

June 28, 2006- Director of the Central Board of Reserve Bank of India.

Personality traits of Mr. Azim Premjee

Determined

Visionary Doesnt believe in bribing to get things done Ethical Associates quality with integrity Absolute workaholic Believes that work is the only way to success and survival in a competitive environment


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Anil Dhirubhai Ambani

"I think you have to work with people, and when I talk about managing relationships,

don't think the derogatory ''managed relationships''. It is a question of sharing emotion

and feelings. The common denominator of everything can't be money, and it should not be

money"

Birth date: 9th

June 1959

Age: - 51

Education: - Bachelors in Science from the University of Bombay and Masters in

Business Administration The Wharton School at the University of


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Pennsylvania.Occupation: - Chairman, Anil Dhirubhai Ambani Group

Anil Dhirubhai Ambani is world third richest person in india with ($ 42

billion) after Lakshmi Mittal ($45 billion), Mukesh ($43 billion)

Career:

Anil Ambani joined Reliance in 1983 as Co-Chief Executive Officer and is credited with having

pioneered many financial innovations in the Indian capital markets.

After the split in Reliance Group, Anil Ambani founded Anil Dhirubhai Ambani Group. He is

the Chairman of all listed Group companies, which include: Reliance Communications, Reliance

Capital, Reliance Energy and Reliance Natural Resources Limited.

Anil Ambai was elected as an independent member Rajya Sabha MP in June 2004. But he

resigned voluntarily on March 25, 2006.


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He has been linked with several starlets in his long career including his wife of more than 15

years. He is a close friend of movie star Amitabh Bachchan and Subrata Roy.One of his major

achievements in the entertainment industry is the takeover ofAdlabs, the movie production to

distribution to multiplex company that owns India's only dome theatre and the recently

announced joint venture worth US$ 825 million with Steven Spielberg. He has taken part in the

Mumbai Marathon race. Ambani is also a fan ofCoca-Cola Championship club,Newcastle

United.

Investors wealth

The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications

(RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd

(RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs

87,000 crore. Anil's wealth comes mostly from his over 65 per cent stake in RCOM, which has

a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs

24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in

RNRL, which has a market cap of about Rs 2,600 crore.

Awards and Recognition

Voted the 3rd most powerful person in India in the 2009 India Today Power List, in March. Voted Businessman of the Year 2006 by Times of India Adjudged as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004. Voted as 'MTV Youth Icon of the Yearfor 2003' in September 2003. Conferred 'The Entrepreneur of the Decade Award' by the Bombay Management

Association, October 2002.

Awarded the First Wharton Indian Alumni Award by the Wharton India Economic Forum . Businessman of the Year 1997' award by India's leading business magazine Business India,

December 1997.


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Feathers to his cap

y Anil was the member of Uttar Pradesh Development Council (This council has now beenscrapped)

y He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar.y A member of the Board of Governors of the Indian Institute of Technology, Kanpur.y He is member of the Board of Governors, Indian Institute of Management, Ahmedabad.y He is also a member of the Central Advisory Committee, Central Electricity Regulatory

Commission.

y In June 2004, Anil was elected as an Independent Member of the Rajya Sabha. In March2006, he resigned.

Travel

He has a Bell 412 13-seat helicopter, which he purchased in 2001

Shankar Anna Swami

Age: - 52

Positions held: - Currently Managing Director of

IBM India Private Limited and Regional General

Manager of IBM in India/South Asia.

Former President and Chief Executive Officer for

GE Medical Systems, South Asia and Managing

Director, Wipro-GE Medical Systems.


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Held the position of Adviser with the Ministry of Health, Sultanate of Oman.

Began his career with Philips Medical Systems.

Hobbies: -Tennis, badminton, listening to Carnatic music.

Education

Bachelor of Engineering (B.E) in Electronics and communication from MadrasUniversity and a Diploma in Business Management Education from the All India

Management Association, New Delhi.

He did schooling from Raja Muthaya High School, Chennai. He also picked up a management degree from the Institute of Management Sciences at

Loyala College in Chennai.

Feathers on his cap:-

Under Mr. Annaswamys leadership, IBM in India/South Asia has earned appreciationfrom a wide variety of government and industry bodies for its progressive employment

practices and market leadership.

In 2009, Business Week listed Mr. Annaswamy among Indias 50 Most Powerful People. The 2008 National Award for the Best Employer of People with Disabilities from the

Vice President of India.

In 2007, IBM India received recognition as the overall best company from the IndoAmerican Chamber of Commerce.

Mr. Annaswamy was an elected member of Nasscom's Executive Council from 2004-2008.

He currently serves as the Chair of the Confederation of Indian Industrys (CII) NationalCommittee on Intellectual Property Owners, a role he has held since 2007.


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Shankars contribution to the Corporate Universe

Annaswamy, a veteran in the medical electronics business for 27 years having donned executive

roles at Philips and Wipro-GE, was confident about doing well in his new role. A strong believer

in cross-functional responsibilities, he had received kudos while at Wipro-GE from no less than

GE chairman Jeffrey Immelt.

He joined Philipss medical technologies division in Mumbai as a techno-commercial engineer.

He was posted in various cities across India and rose up the ranks in Philips. In the mid-80s

managed to convince the higher-ups at the company to start manufacturing of medical equipment

in India. His success in bringing manufacturing to India led to a lot of visibility in the

organization. He was promoted to the position of all India Business Managers. At the time,

Philips also decided to shift its headquarters from Madras to Mumbai. This posed a personal

problem since a shift to Mumbai would mean that his wife would have to discontinue her PhD in

Genetics.

So in 1990, he decided to join Wipro-GE in Bangalore as project manager to produce CT-

scanners locally with Japanese collaboration. He reached a decision to manufacture entry-level

high volume ultra sound equipment in India.

As much as he is committed to his job, Annaswamy is also a devoted family man. When his wife

gave birth to a baby boy in 1993, he decided to take a break from the corporate world. An

interesting opportunity came in the form of an advisor role to the Ministry of Health in

Oman. He moved to Muscat in 1994 along with his family.

Three years later, he felt the need for a challenge and decided to re-enter the corporate world.

Wipro-GE had a job opportunity for him-heading manufacturing operations in India. He

plunged into a learning mode and equipped himself with knowledge of manufacturing,

operations, quality and materials. He did this role for one and a half years and then became VP,

sales, at the company.


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In 2000, Annaswamys performance caught the attention of GE Medical chief Jeff Immelt who

wanted him in a much bigger role in Tokyo as the director and GM of the CT scanner business.

Annaswamy cherishes this work experience in Tokyo where he immersed himself in learning

quality and six sigma processes. In 2002, Wipro-GE was on the look out for a person who could

head the company operations in India. Annaswamy fit the bill and he shifted back to Bangalore

along with his family.

Then came the downturn of IBM. Being the boss Shankar had a hard time managing activities.

He tooktough decisions on pricing, cleaning up bad deals and sending out non-performers. He

held the team together and gave them the confidence about the future ahead. By 2004, the

company had turned around. He and his team earned kudos from both Wipro and GE.

In mid-2004, Annaswamy received a call from an IBM headhunter. Usually one to brush aside

such calls, he took the call since he was in a relaxed state. After extensive meetings and

interviews, IBM decided to hire him. Annaswamy is the first Indian national and the only non-

IBMer so far to head the company. His predecessor Abraham Thomas was of Indian origin but a

Singapore national.

After taking the reins of IBM India Big Blues story became bigger than before. The employee

strength of IBM in the country has almost doubled from 23,800 in 2004 to 43,000 at present. The

domestic business in the country is galloping at a steady 55 per cent year-on-year growth. At that

IBM chief Sam Palmisano announced a whopper of an investment-$6 billion in India in June this

year.

Personality Traits

Hardworking. Passionate about work. Believes in working in the company having Integrity and values as base of the firm. Co-coordinative and Collaborative work. Accomplished Speaker.


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Believes that Learning is a Process

CAREER

GRAPH:

-

Annaswamy is a product of Raja Muthaya High School in Chennai 1978 - He passed his engineering in medical electronics from Guindy engineering College, Tamil

Nadu .

He soon joined Philips Medical Technologies division as a techno-commercial engineer. He wasposted in various cities in India and rose up the ranks in Philips. He was promoted to the

position ofAll India Business Managers.

In1990, Annaswamy unwillingly quit Philips. 1990 Joined Wipro-GE in Bangalore as project manager to produce CT-scanners locally with

Japanese collaboration.

1993, he decided to take a break from the corporate world. 1994 - He took up a job as advisor to the government of Oman 1997 - He felt the need for a challenge and decided to re-enter the corporate world. Joined

Wipro after such a long gap.

In 2000, Annaswamys performance caught the attention of GE Medical chief Jeff Immelt whowanted him in a much bigger role in Tokyo as the director and GM of the CT scanner business.

In 2002, Wipro-GE was on the look out for a person who could head the company operations inIndia.Annaswamy fit the bill and he shifted back to Bangalore along with his family

2003 - He joins IBM from GE Medical Systems (GEMS) where he served as president and chiefexecutive officer for GEMS South Asia and managing director Wipro-GEMS.

2004 - Appointed as Managing Director of IBM India


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