Kumar Mangalam Birla
Born: June 14, 1967 Achievement: Chairman of the Aditya Birla Group; Vhosen as Ernst & Young Entrepreneur of the Year - India in 2005 Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. The group is India's third largest business house. Major companies of Aditya Birla Group in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular. Aditya Birla Group's joint ventures include Birla Sun Life (Financial Services) and Birla NGK (Insulators). The group also has its presence in various countries such as Thailand, Indonesia, Malaysia, Philippines, Egypt, Canada, China and Australia. Born on June 14, 1967, Kumar Mangalam Birla spent the early of his life in Calcutta and Mumbai. He is a Chartered Accountant and did his MBA (Masters in Business Administration) from the London Business School, London. Kumar Mangalam Birla took over as Chairman in 1995, at the age of 28, after sudden demise of his father, noted industrialist Aditya Birla, after whom the group is named. When Kumar Mangalam Birla assumed the mantle at the Aditya Birla Group, Doubts were raised about his ability to handle a giant business house with interests spanning viscose, textiles and garments on the one hand and cement, aluminium and fertilisers on the other. But Kumar Mangalam proved his skeptics wrong. He brought in radical changes, changed business strategies, professionalised the entire group and replaced internal systems. Kumar Mangalam reduced his group's dependence on the cyclic commodities sectors by entering consumer products. Under Kumar Mangalam Birla's leadership, the Aditya Birla Group, apart from consolidating its position in existing businesses, also ventured into sunrise sectors like cellular telephony, asset management, software and BPO. Kumar Mangalam Birla also holds several key positions on various regulatory and professional boards, including chairmanship of the advisory committee constituted by the ministry of company affairs for 2006 and 2007, membership of the prime minister of India's advisory council on trade and industry, chairmanship of the board of trade reconstituted by the union minister of commerce and industry, and membership of the Central Board of Directors of the Reserve Bank of India. Kumar Mangalam Birla has won several honors. Major among them include The Business Leader of the Year (2003) by The Economic Times, Business Man of the Year - 2003 by Business India, and The Ernst & Young Entrepreneur of the Year - India in 2005.
Kumar Mangalam Birla
Born June 14, 1967 (age 41) Jeddah, Saudi Arabia Mumbai, India Indian Chairman, of the Aditya Birla Group
Residence Nationality Occupation Net worth Religious beliefs
▲ $10.2 billion USD, forbes
Kumar Mangalam Birla June 14, 1967), is among the richest persons in India and the eighth youngest billionaire outside India according to the Fortune magazine. Mr. Kumar Mangalam Birla is the Chairman of the Aditya Birla Group, which is among India's largest business houses. Among its major companies in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular. Its Joint Ventures include Birla Sun Life (Financial Services) and Birla NGK (Insulators). While Mr. Birla is the Chairman of all of the Group's blue-chip companies in India, he serves as a Director on the Board of the Group's International Companies spanning Thailand, Indonesia, Malaysia, Philippines and Egypt. The Group's operations extend to Canada, China, Laos, USA, U.K. and Australia as well. As of 9th March 2008, his net worth was estimated at $10.2 billion, making him the 7th richest Indian.  achievement: Mr. Kumar Mangalam Birla has held and continues to hold several key and responsible positions on various regulatory and professional Boards, such as: Director of the Central Board of Directors of the Reserve Bank of India from 27 June 2006 Chairman of the Advisory Committee constituted by the Ministry of Company Affairs for 2006 and 2007 Member of The Prime Minister of India's Advisory Council on Trade and Industry Chairman of the Board of Trade reconstituted by the Union Minister of Commerce and Industry Chairman of the National Safety Council Member of The Government of Uttar Pradesh's High Powered Investment Task Force Member of The National Council of the Confederation of Indian Industry (CII)
Member of the Apex Advisory Council of The Associated Chambers of Commerce and Industry of India On The Advisory Council for the Centre for Corporate Governance Member of the Organising Committee for Commonwealth Games, Delhi 2010 Chancellor of the Birla Institute of Technology and Science, Pilani.
Time-Line In the ten years that he has been at the helm of the Aditya Birla Group, he has won recognition for his contribution to Industry and to professionalising management. An indicative list is as follows : 2006 Represented 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 Academy
2005 Awarded "The Ernst & Young Entrepreneur of the Year —India" Named "Young Super Performer in the CEO Category" by Business Today PHD Chamber of Commerce and Industry — Udyog Ratna
2004 Chosen by the World Economic Forum (Davos) as one of the Young Global Leaders. In this capacity, Mr. Birla is committed to share his knowledge, expertise and energy over the next five years to usher in a future of "hope, progress and positive change"
Drawn from a pool of 8000 candidates from around the world, of whom 600 were short listed and 237 finally named, the Young Global Leaders have been hand picked by a Nomination Committee of 28 global media leaders In recognition of his exemplary contribution to Indian business, The Banaras Hindu University awarded the D.Litt (Honoris Causa) Degree to Mr. Birla To salute his entrepreneurial excellence and exemplary contribution to Indian business, the All India Management Association conferred its "Honorary Fellowship" on him
2003 Named "The Business Leader of the Year" by The Economic Times Awards for Corporate Excellence Close on the heels of the Economic Times' "The Business Leader of the Year" Award, he was selected Business India's "Business Man of the Year — 2003". This is indeed historic, as no Chairman / CEO has ever won both these prestigious awards in a single year The National Institute of Industrial Engineering's (NITIE) "The Lakshya — Business Visionary Award" The Indo-American Society's "Young Achiever Award" "The 2003 Institute of Marketing and Management Award for Excellence".
2002 The Qimpro Foundation's "Qimpro Platinum Standard Award" Ranked among the first five Asian business leaders for the CNBC/INSEAD sponsored "Asian Business Leader Award 2002"
The Rajiv Gandhi Award for "Business Excellence and his contribution to the country" by the Mumbai Pradesh Youth Congress The National HRD Network (Pune) — "The Outstanding Business Man of the Year" The Giants International Award for "Business Excellence and his contribution to the Industry" The Institute of Directors' "Golden Peacock National Award for Business Leadership" The Rotary Club's "Award for Vocational Excellence"
2000 The Bombay Management Association honoured Mr. Birla as "The Management Man of the Year 1999-2000"
1999 The Lions Clubs International's "The Achiever of the Millennium" The Rotary Club of Ahmedabad's "The Legend of the Corporate World"
1998 Mr. Birla was the only industrialist to have been appointed as a public nominee on the Governing Board of the Securities and Exchange Board of India (SEBI) by the Finance Ministry. He served as the Chairman of SEBI's 17-Member Committee on Corporate Governance constituted in mid-1999, and as Chairman of SEBI's Committee on Insider Trading
The Kumar Mangalam Birla Report on Corporate Governance became the cornerstone of Corporate Governance practices in India Recipient of the Rotary Club's "Award for Vocational Excellence"
The media too have showered accolades on Mr. Birla. Between 1997 to-date, the NDTV, Star Plus "India Business Week" designated him as "The Businessman of the Year". Global Finance has cited him among the 10 Super Stars of Corporate Finance. Business World ranked him among the top 10 of India's most admired and respected CEOs and the top CEO of the coming millennium, and Hindustan Times named him as "The Businessman of the Year" as well. Born on June 14, 1967, Mr. Kumar Mangalam Birla was raised in Calcutta and Mumbai. He is a Chartered Accountant and earned an MBA (Masters in Business Administration) from the London Business School, London. Mr. Kumar Mangalam Birla and his wife, Neerja have three children, Ananyashree, Aryaman Vikram and Advaitesha.
Chartered Accountant Birla family Aditya Birla Group List of billionaires