Mr. Narayanan Vaghul, Chairman
Shri Narayanan Vaghul has over 50 years of experience in the financial sector. He is the Former Chairman of ICICI Bank Limited. He is widely recognized in India for his role in pioneering the concept of the Universal Banking Model that laid the foundation for a new era in Indian Banking.
Born in 1936, Shri Vaghul received his Bachelor of Commerce Degree from the University of Madras in 1956. He joined the State Bank of India in 1957 as a Probationary Officer, became the Director in the National Institute of Bank Management, before assuming charge as Executive Director in Central Bank of India in 1978. He became Chairman Bank of India in 1981 and had the distinction of being the youngest ever Chairman in a Public Sector Bank. He joined the ICICI Limited as Chairman and CEO in 1985 and continued to head the group till April 2009.
- Has created several new institutions laying the foundation for the development of the Universal Banking model
- Started the first venture capital company in India in 1987 which has now become a large venture capital company
- Has set up ICICI Securities, an Investment Banking company
- When the banking licence was thrown, he set up a commercial bank with which ICICI was to merge subsequently to become the first major universal financial institution catering to the diverse needs of all segments of customers
- He pioneered the concept of Credit Rating in India by setting up CRISIL
- Was the founder Chairman of CRISIL for close to ten years and helped in evolving the best practices of credit rating in the country
- He is also a Board member of Wipro Limited, Mahindra & Mahindra, Piramal Healthcare and Apollo Hospitals, the leading listed companies in India
- Shri Vaghul is the recipient of numerous awards and honours.
- He was chosen as the Business Man of the Year by Business India in 1992
- He was given Lifetime Achievement Award by the Economic Times in 2006
- He was given an award for the contribution to the Corporate Governance by the Institute of Company Secretaries in 2007
- He was given the Lifetime Achievement Award by the Ernst & Young Entrepreneur of the Year Award Program in 2009
- He was awarded Padma Bhushan by the Government of India in 2009 Shri Vaghul was deeply interested in Education, particularly to the under privileged sections of the society. He was the Chairman of “Pratham” a leading NGO in this sector.
He is also deeply committed to the cause of science and technology and was responsible for setting up the first Science and Technology Park in the country known as ICICI Knowledge Park. He is associated with Institute of Technology in Jaipur.
He has been the Chairman of IFMR a Business School with an array of research centres engaged in a variety of economic and social research. Shri Vaghul was also a visiting Professor at the Stern Business School at New York University. He is a great orator and his speeches on banking and spiritualism are his specialities.
Dr. Ashok S Ganguly
Dr Ashok Ganguly is currently the Chairman of ABP Pvt Ltd (Ananda Bazar Patrika Group). He also presently serves as a non-executive Director of Wipro Limited and Dr Reddy’s Laboratories Limited, and is on the Board of Vidhi Centre for Legal Policy. He is the Chairman of the Wipro Board Corporate Governance Committee and the Remuneration & Compensation Committee. Dr Ganguly is Chairman of Nomination, Governance & Compensation Committee and a Member of Science, Technology & Operations Committee of Dr Reddy’s Laboratories Ltd. He is a former Member of the Board of British Airways Plc (1996-2005) and Unilever Plc/NV (1990-1997) and Dr Ganguly was formerly the Chairman of Hindustan Unilever Limited (1980-1990). He was on the Central Board of Directors of the Reserve Bank of India (2000-2009).
Dr Ganguly is a former Member of the Rajya Sabha Member (2009-2015). In 2006, Dr. Ganguly was awarded the CBE (Hon) by the United Kingdom. In 2008, Dr. Ganguly received the Economic Times Lifetime Achievement Award. Dr Ganguly received the Padma Bhushan award from the Government of India in January 1987 and the Padma Vibhushan award in January 2009.
Dr. R A Mashelkar
Dr. R.A. Mashelkar, National Research Professor, is presently also the President of Global Research Alliance, a network of publicly funded R&D institutes from Asia-Pacific, Europe and USA with over 60,000 scientists.
Dr. Mashelkar served as the Director General of Council of Scientific and Industrial Research (CSIR), with thirty-eight laboratories and about 20,000 employees for over eleven years. He was also the President of Indian National Science Academy and President of Institution of Chemical Engineers (UK).
Dr. Mashelkar is only the third Indian engineer to have been elected (1998) as Fellow of Royal Society (FRS), London in the twentieth century. He was elected Foreign Associate of National Academy of Science (USA) in 2005, Associate Foreign Member, American Academy of Arts & Sciences (2011); Foreign Fellow of US National Academy of Engineering (2003); Fellow of Royal Academy of Engineering, U.K. (1996), Foreign Fellow of Australian Technological Science and Engineering Academy (2008) and Fellow of World Academy of Arts& Science, USA (2000).
Dr. Mashelkar has been on the Board of Directors of several reputed companies such as Reliance Industries Ltd., Tata Motors Ltd., Hindustan Unilever Ltd., Thermax Ltd., Piramal Enterprises Ltd., KPIT Technologies Ltd., etc. He chairs the Board of GeneMedix Life Sciences Pvt. Ltd., Vyome Biosciences Pvt.Ltd. and Invictus Oncology Pvt. Ltd.
In August 1997, Business India named Dr. Mashelkar as being among the 50 path-breakers in the post- Independent India. In 1998, Dr. Mashelkar won the JRD Tata Corporate Leadership Award, the first scientist to win it. In June, 1999, Business India did a cover story on Dr. Mashelkar as “CEO OF CSIR Inc.”, a dream that he himself had articulated, when he took over as DG, CSIR in July 1995. On 16 November 2005, he received the Business Week (USA) award of ‘Stars of Asia’ at the hands of George Bush (Sr.), the former President of USA. He was the first Asian Scientist to receive it.
Deeply connected with the innovation movement in India, Dr. Mashelkar is currently the Chairman of India’s National Innovation Foundation, Reliance Innovation Council, Thermax Innovation Council and KPIT Technologies Innovation Council and Marico Foundation’s Governing Council.
Thirty five universities have honored him with honorary doctorates, which include Universities of London, Salford, Pretoria, Wisconsin, Swinburne and Delhi.
Dr. Mashelkar’s contributions have been multifarious.
When Dr. Mashelkar took over as the Director General of CSIR, he enunciated “CSIR 2001: Vision & Strategy”. This was a bold attempt to draw out a corporate like R&D and business plan for a publicly funded R&D institution. This initiative has transformed CSIR into a user focused, performance driven and accountable organization. This process of transformation has been recently heralded as one of the ten most significant achievements of Indian Science and Technology in the twentieth century.
Dr. Mashelkar has been propagating a culture of innovation and balanced intellectual property rights regime for over two decades.It was through his sustained and visionary campaign that growing awareness of Intellectual Property Rights (IPR) has dawned on Indian academics, researches and corporates. He spearheaded the successful challenge to the US patent on the use of turmeric for wound healing and also the patent on Basmati rice. These landmark cases have set up new paradigms in the protection of India’s traditional knowledge base, besides leading to the setting up of India’s first Traditional Knowledge Digital Library. In turn, at an international level, this has led to the initiation of the change of the International Patent Classification System to give traditional knowledge its rightful place.
As Chairman of the Standing Committee on Information Technology of World Intellectual Property Organization (WIPO), as a member of the International Intellectual Property Rights Commission of UK Government and as Vice Chairman on Commission in Intellectual Property Rights, Innovation and Public Health (CIPIH) set up by World Health Organization (WHO), he brought new perspectives on the issue of IPR and the developing world concerns.
In the post-liberalized India, Dr. Mashelkar has played a critical role in shaping India’s S&T policies. He was a member of the Scientific Advisory Council to the Prime Minister and also of the Scientific Advisory Committee to the Cabinet set up by successive governments. He has chaired twelve high powered committees set up to look into diverse issues of higher education, national auto fuel policy, overhauling the Indian drug regulatory system, dealing with the menace of spurious drugs, reforming Indian agriculture research system, etc.
Dr. Mashelkar has won over 50 awards and medals, which include S.S. Bhatnagar Prize (1982), Pandit Jawaharlal Nehru Technology Award (1991), G.D. Birla Scientific Research Award (1993), Material Scientist of Year Award (2000), IMC Juran Quality Medal (2002), HRD Excellence Award (2002), Lal Bahadur Shastri National Award for Excellence in Public Administration and Management Sciences (2002), World Federation of Engineering Organizations (WFEO) Medal of Engineering Excellence by WFEO, Paris (2003), Lifetime Achievement Award by Indian Science Congress (2004), the Science medal by the Academy of Science for the Developing World (2005), Ashutosh Mookherjee Memorial Award by Indian Science Congress (2005), etc.
The President of India honored Dr. Mashelkar with Padmashri (1991), with Padmabhushan (2000) and with Padma Vibhushan (2014), which are three of the highest civilian honors in recognition of his contribution to nation building.
Dr. M K Bhan
Dr. Bhan, is currently, a National Science Professor at the Indian Institute of Technology, Delhi, Government of India, President of Jawaharlal Institute of Postgraduate Medical Education and Research, Puducherry , an Advisor to the World Health Organization and President of National Capital Region Biotech Cluster, Faridabad. He is a Former Secretary to the Government of India, Department of Biotechnology, Ministry of Science & Technology and a Founder Chairman of Biotechnology Industry Research Assistance Council
He is MBBS, MD Pediatrics, DSc. (Honorary), Fellow, Indian National Science Academy (FNA), Fellow, Academy of Sciences (FASc) and Fellow, Academy of Medical Sciences (FAMS) and Fellow, Third World Academy of Science (TWAS).
He has about two hundred research publications in International, peer reviewed journals. Some of his contributions to research that impacted on heath programs including development of a rotavirus vaccine now in use in India, zinc for treatment childhood diarrhea, low osmolarity ORS, treatment of persistent childhood diarrhea and Integrated Management of Neonatal and Childhood Illness.
As Secretary, Department of Biotechnology, Govt. of India for about a decade, established many new Institutes, clusters and innovation support agencies to attempt a transformation of the biotechnology sector in the country.
In recognition of his services to the country, he was conferred the Padma Bhushan by the Indian government.
Mr. Kiran Karnik
Kiran Karnik is widely recognized for his work in the IT sector, as President NASSCOM from 2001 to 2008, and for helping to put Satyam Computers back on track – as Chairman of its government-appointed Board – after it suffered the biggest corporate fraud in India’s history. He has been on many key government committees. He is involved with a number of not-for-profit organizations in the fields of education and development. He was a Director on the Board of Reserve Bank of India till September 2015 and also serves as an Independent Director on the Board of a few companies. He has authored a book on NASSCOM and the IT industry, and writes regularly in major national dailies.
Before his last full-time job in NASSCOM, Karnik was CEO of Discovery Communications India (1995-2001) and launched Discovery Channel and Animal Planet in India and South Asia. As Founder-Director of Consortium for Educational Communication (1991-95), he oversaw production and transmission of UGC’s Countrywide Classroom TV programmes. Earlier, he spent over two decades in ISRO and was deeply involved in the use of space technology, especially for education and development, including the path-breaking SITE and Kheda projects.
Karnik has been conferred many awards, including the Padma Shri.
Dr. Seyed Hasnain
Professor Seyed E. Hasnain (born April 13, 1954), Ph.D. (JNU, Delhi), D.Sc. (h.c.) is the Professor of Biological Sciences at the Indian Institute of Technology, Delhi and former Vice Chancellor of the prestigious University of Hyderabad (UoH). While working at the National Institute of Immunology, New Delhi, he was appointed as the first Director of the Centre for DNA Fingerprinting and Diagnostics, (CDFD), Hyderabad, and in less than 7 years he made CDFD a gold standard for DNA analyses services and research in basic biology. Having made extraordinary contributions to Molecular Infection Biology and Epidemiology of Mycobacterium tuberculosis, the TB causing bacterium, he has ~200 publications in peer-reviewed journals of high impact, and about a dozen patents. He has mentored ~hundred PhD, MD and Post Doctoral students, four of whom received the INSA Young Scientist Medal.
Hasnain is a very well recognized scientist and a Fellow of all major Science Academies of India (FNA, FASc, FNASc).
Hasnain has almost all major Indian Science Awards to his credit: G.D. Birla Award, Shanti Swarup Bhatnagar Prize, FICCI Award, J.C. Bose National Fellow Award, Ranbaxy Research Award, Goyal Award, Bhasin Award and several others.
He is the first Indian elected as a Member of the German National Academy of Sciences Leopoldina and one of the youngest to be elected as a Fellow of TWAS, Trieste, Italy.
Internationally, Hasnain is a recipient of the prestigious Humboldt Research Prize, awarded by the Alexander-von-Humboldt Foundation, Germany; as well as the very exclusive Robert Koch Fellowship, of the Robert Koch Institute, Berlin.
Professor Hasnain received the Padma Shri (Civilian Award) from His Excellency, the President of India.
Mr. Rajiv C Lochan
Rajiv Lochan is the Managing Director & Chief Executive Officer of Kasturi and Sons Limited (KSL). Mr. Lochan is an alumnus Partner of McKinsey’s India practice., and divides his time equally between leadership development and the social sector (public health). He serves as a Senior Advisor to the McKinsey Leadership Institute, India and is a global faculty member on the Firm’s internal mid-tenure leadership development efforts. In addition, he is a Trustee Board member of IKP Trust and in this capacity serves as Director of the IKP Center for Technologies in Public Health (ICTPH) and Chairman of Sughavazhu Healthcare, a non-profit institution with a mission to provide high quality primary healthcare to the underprivileged in rural India, leveraging innovation and technology.
He was the founding location manager of McKinsey’s third location in India in Chennai set up in 2008. Rajiv joined the Firm in Boston and subsequently spent a decade based in India, where he served over 30 institutions, including 25 banks and financial institutions. He was a leader of McKinsey’s Financial Institutions practice as well as our Social Sector practice in India focused on catalyzing financial inclusion and rural economic development in India. In addition, he led the India practice’s Learning efforts for six years. Prior to McKinsey & Company, Rajiv worked for American Express Company in New York, where he was most recently Director – Risk Management, responsible for credit/fraud authorizations policy formulation. Rajiv has also worked with US Airways in Arlington, VA in the schedule-planning group and was a summer intern at the World Bank in Washington, DC.
He holds an undergraduate degree from I.I.T., Madras, an MS from M.I.T., Cambridge, MA and an M.B.A. from the Columbia Business School in New York, NY.