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Career at a Glance

Featured among the top 50 Global Indian Management Thinkers of Thinkers Magazine, 2013.

Jan, 2005- Continuing: CEO, GMR Varalakshmi Foundation, Hyderabad.

Jan, 2007- May 2008: Managing Director, GMR Industries Ltd, Hyderabad.

Jan, 2001- July 31, 2004: President, ING Vysya Bank Limited, Bangalore. The direct responsibilities under my charge were: Emerging Corporate business, Small and Medium Enterprises business, Agricultural and Social Banking business, HRD, Legal and Compliance, Corporate Communication and Administrative Services. Was also responsible for putting up the Bank's 225,000 Square Feet. Corporate Building.

April 1999-January 2001, Chairman, Post Graduate Program, Indian Institute of Management, Ahmedabad.

July 1988 to January 2001, Professor of Finance and Accounting, Indian Institute of Management, Ahmedabad.

July 1985 to June 1988, Associate Professor of Finance and Accounting, Indian Institute of Management, Ahmedabad.

May 1982 to June 1985, Assistant Professor of Finance and Accounting, Indian Institute of Management, Ahmedabad.

Continue to be a Visiting Professor at SDA Bocconi, Milan, Italy, since 1990, teaching a finance elective almost every year in their MIEM (Master of International Economics & Management) and MBA programs.

February 1996 to December 1996 (On leave from IIM, Ahmedabad): Chief Executive (Financial Planning) of a large pharmaceutical company working on the turnaround efforts of the group. The position was held on invitation from the company.

December 1994 to January 1996 (On leave from IIM, Ahmedabad): Initially Executive Director and later Chief Executive Officer, was instrumental in setting up an Asset Management Company, which involved obtaining various statutory clearances, setting up the preparatory investments research activity and in conducting international roadshows for Madras India Equity Fund of the foreign collaborators (the AMC was a collaboration between a UK based Mutual Fund and an Indian Financial Services Company). The roadshows were considered extraordinarily successful by the overseas partner. The position was held on invitation from the promoters.

June 1981 to May 1982, Consultant, Administrative Staff College of India, Hyderabad.

July 1976 to June 1979, Finance Executive, Coal India Ltd., Calcutta.

Current Professional Positions:

Currently on the Board of various institutions such as, Zuari Cements Ltd., Bangalore (100% subsidiary of Ital Cementi, Bergamo, Italy); E_Capital Partners, Milan; LV Prasad Eye Institute, Hyderabad; Association of Indian Management Schools, etc.

Past Membership on National Committees/Groups:

. Member of the National Accounting Standards Board, Institute of Chartered Accountants of India, New Delhi, (1999-2001).
. Invitee for pre-budget consultations in the Financial Experts group, by the Union Finance Minister, Government of India (1999).
. Member of the Committee for the Review of the Primary Capital Market, set up by the Ministry of Finance, Government of India, under the Chairmanship of the Chief Economic Advisor (1998)
. Member of the National Committee of SEBI for Continuing Accounting Disclosure Norms (1995-97)

Past Professional Positions:


Indian Institute of Bankers, Bankers' Training College (of Reserve Bank of India), Institute for Development & Research in Banking Technology, Hyderabad (promoted by RBI), Board of Vinod Gupta School of Management, IIT Kharagpur and several other Institutions. Also a member of the Society of Indian Institute of Management, Bangalore.

. Member, Board of ING Vysya Life, Bangalore (2002-2004).
. ORG Informatics Ltd, Baroda (2004-05)
. Shalby Hospitals, Hyderabad (2005-07)
. Member, Indian Advisory Board, Credit Lyonnais, Bombay (1999-2001).
. Member, Board of SBI Capital Markets, Bombay (2000-2001).
. Member, Derivatives Board, Bombay Stock Exchange, Mumbai (2000-2001).
. Member, Primary Market Advisory Board of Securities and Exchange Board of India, Bombay (1992-1999).
. Member, Advisory Committee of National Stock Exchange, Bombay (1995-96).
. Member, Board of Gujarat State Financial Services Limited, Ahmedabad (A Government of Gujrat Company) (1993-1999)
. Member, Board of Upasana Finance Limited, Madras (A TVS group company) (1986-2001)
. Member, Board of Vadilal Financial Services Limited, Ahmedabad (A Vadilal group company) (1996-2000).
. Member, Board of J.M. Financial & Statistical Research Institute, Bombay (1993-95)
. Member, Financial Advisory Committee, Western Region, Confederation of Indian Industries (1997-98).
. Member on the Board of Ahmedabad Stock Exchange for six years, appointed by the Ministry of Finance, Government of India (1986-92)
. Member, Board of Parag Parikh Financial Advisory Services Limited, Bombay (A Category I Merchant Banking Company).
. Member, Board of Stellar Exports Limited, Hyderabad (1995-96)
. Member, Investor's Education & Research Foundation, Ahmedabad.
. Member, Advisory Council of the Consumer Education Research Centre, Ahmedabad.
. Member, Advisory Board, Southern Investor Foundation, Madras

Some of the Past Academic Positions Held

. Chairman, Post Graduate Program, IIM, Ahmedabad.
. Chairman, Finance & Accounting Area, IIM, Ahmedabad.
. Chairman, International Management Group, Indian Institute of Management, Ahmedabad.
. Member, Editorial Committee, Vikalpa, Journal of IIM, Ahmedabad.
. Member, Board of Studies, All India Management Association , New Delhi.
. Member, Management Experts Committee, School of Management, Indira Gandhi National Open University, New Delhi.
. Member, Courses Committee in Business Finance and Economics, University of Jodhpur, Jodhpur.
. Member, Courses Committee, Bharatidasan School of Management, REC, Trichy.
. Member, Academic Council of the Institute of Chartered Financial Analysts of India, Hyderabad.
. Member, Editorial Committee, Journal of ICFAI, Hyderabad
. Member, Board of Indian Institute of Bankers, Bankers' Training College (of Reserve Bank of India)
. Member, Board of Development & Research in Banking Technology, Hyderabad (promoted by RBI),
. Member, Society of IIM, Bangalore


Paul Harris Fellowhip for "Promoting Understanding and Friendship Among the Peoples of the World", Rotary International (2004).

Certificate of Honour, conferring Honorary Membership of the Association of Leasing, Finance and Housing Development Companies (presently ALFS) in appreciation of contribution to the Indian Leasing Industry (1991).