Chairman of the Aditya Birla GroupMr. Kumar Mangalam Birla (46) is the Chairman of the US$40 billion multinational Aditya Birla Group, which operates in 36 countries across six continents. Over 50 per cent of its revenues flow from its operations outside India.Mr. Birla chairs the Boards of the major Group companies in India and globally. Theglobal companies include Novelis, Columbian Chemicals, Aditya Birla Minerals, Aditya Birla Chemicals, Thai Carbon Black, Alexandria Carbon Black, Domsjö Fabriker and Terrace Bay Pulp Mill,among others. In India, Mr. Birla chairs the Boards of Hindalco, Grasim, Aditya Birla Nuvo, UltraTech, Idea, Aditya Birla Financial Services and Aditya Birla Retail.The Groups businesses are spread across a swath of 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. Business recordMr. 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 Groups 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, ledto 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 worlds third largest carbon black manufacturer positioned the Group as the No. 1 player inthis sector, given its own sizeable carbon black operations. Likewise, the acquisition of Domsjö Fabriker, a leading Swedish speciality pulp manufacturer enables the Groups Pulp and Fibre business to further consolidate its global position.Besides these, over the years Mr. Birla has acquired manufacturing plants in Canada, China, Indonesia, plantations in Laos, and mines in Australia, set up new plants in Egypt, Thailand and China. Alongside, he has expanded capacities in all of the Groups manufacturing units.In India as well, he has made major acquisitions, the most notable being the Cement division of Larsen & Toubro, Indal from Alcan, Madura Garments from Coats Viyella and the Chlor Alkali division of Kanoria Chemicals.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.In key responsible positions on various regulatory bodiesMr. Birla has held and continues to hold several key positions on various regulatoryand professional Boards. An erstwhile Director on the Central Board of Directors of the Reserve Bank of India, he was also Chairman of the Advisory Committee constituted by the Ministry of Company Affairs and served on The Prime Minister of Indias Advisory Council on Trade and Industry.As the Chairman of Securities and Exchange Board of India (SEBI) Committee on Corporate Governance, he authored theFirst Report on Corporate Governance titled Report of the Kumar Mangalam BirlaCommittee on Corporate Governance. Its recommendations were path breaking and became the basis of corporate governance norms. Furthermore, as the Convener of the Prime Ministers Task Force on Administrative and Legal Simplifications, the extensive recommendations made by him in his report, have been implemented in totality. Mr. Birla also served as Chairman of SEBIs committee on Insider Trading, which formulated Corporate Governance principles for Indian corporates.He is on the National Council of the Confederation of Indian Industry and the Apex Advisory Council of the Associated Chambers of Commerce and Industry of India.On the board of educational institutionsMr. Birla is deeply engaged with educational institutions. He is the Chancellor of the renowned Birla Institute of Technology & Science (BITS), with campuses in Pilani, Goa, Hyderabad and Dubai.He is a Director of the G. D. Birla Medical Research & Education Foundation.He serves on the London Business SchoolsAsia Pacific Advisory Board and is a Honorary Fellow of the London Business School.Accolades conferred on Mr. BirlaMr. Birla has won recognition for his exemplary contribution to leadership processes and institution/systems building. A selective list:Chosen Economic Times’ Business Leader of the Year Award 2012-13 for the second time. His previous win was in 2003Forbes India Leadership Award – Flagship Award Entrepreneur of the Year, 2012Ranked the 3rd Most Powerful CEO (2012) in the Economic Times Corporate Indias Definitive Power listing of 100 CEOsThe Degree of Doctor of Science (Honoris Causa) in recognition of his role in pioneering great Engineering products involving Multi-disciplinary Engineering thought processes in the Country by the Visvesvaraya Technological University, Karnataka, 2012NASSCOMs Global Business Leader Award, 2012CNBC – TV18 India Business Leader Award 2012 for Taking India AbroadGQ Business Leader of the Year Award - 2011 from Condé Nast India Pvt. Ltd., an affiliate of Condé Nast GlobalCNN – IBN Indian of the Year 2010 – Business, for being the most outstanding business person and making a success out of most businesses including the sunrise sector,2010The All India Management Associations(AIMA), Managing India AwardsBusiness Leader of the Year, 2010The AIMA – JRD Tata Corporate Leadership Award, 2008The Honorary Degree of Doctor of Science (Honoris causa) in recognition of his invaluable contribution in the fieldof Business Administration by the G. D. Pant University of Agriculture & Technology, 2008For the development of technology andalso for the involvement in the field of Industries in bringing the country at par with other countries in the field of Industries, the SRM University in Tamil Nadu conferred the Degree of Doctor ofLiterature, 2008The Asia Pacific Global HR Excellence –Exemplary Leader Award, 2007The Global Indian Leader of the Year by NDTV Profit in their Business Leader Awards category, 2007The Lakshmipat Singhania – IIM, Lucknow National Leadership Award, Business Leader, 2006Represented India at the Ernst & Young World Entrepreneur Award in Monte Carlo, Monaco in June 2006, where he was inducted as a Member of the Ernst& Young World Entrepreneur of the Year AcademyThe Ernst & Young Entrepreneur of the Year Award, 2005Young Super Performer in the CEO Category by Business Today, 2005Chosen by the World Economic Forum (Davos) as one of the Young Global Leaders, 2004The D. Litt (honoris Causa) Degree by The Banaras Hindu University, 2004Honorary Fellowship by the All India Management Association, 2004The Business Leader of the Year, The Economic Times Awards for Corporate Excellence 2002-2003Business Man of the Year-2003 by Business IndiaThe Rajiv Gandhi Award for Business Excellence and his contribution to the country by the Mumbai Pradesh Youth Congress, 2001The National HRD Network, The Outstanding Business Man of the Year, 2001The Institute of Directors Golden Peacock National Award for Business Leadership, 2001Hindustan Times, The Businessman of the Year, 2001The Bombay Management Association –The Management Man of the Year 1999-2000Among the 10 super Stars of CorporateFinance – Global Finance, 1998Among the top 10 of Indias most admired and respected CEOs and the top CEO of the coming millennium, Business World, 1998Beyond business: Reaching out to the marginalised sections of t
Posted on: Sat, 22 Mar 2014 09:57:50 +0000
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