Ajay G. Piramal
Chairman - Piramal Group, Shriram Group & PCHFL
Mr. Ajay Piramal is the Chairman of Piramal Group & Shriram Group. Born on August 3, 1955, Mr. Piramal is one of India’s leading industrialists, philanthropists and social entrepreneurs. He is the Chairman of Piramal Group, which hosts businesses in healthcare, financial services, real estate, information services, glass packaging, etc. Valued at US$9.5 Bn, Piramal Group has a global footprint with offices in 30 countries including the US, UK, European Union, Japan, Pacific, South Asia and India, and its products sold in more than 100 countries. He is also the Chairman of Shriram Capital Ltd., the holding company for financial services and insurance entities of Shriram Group. The Shriram Group employs over 67,500 personnel and serves over 21.3 million customers.
The Group is involved in various Corporate Social Responsibility (CSR) activities in the space of primary education, potable water supply, leadership development, empowerment of women in rural India, rural healthcare, and provision of mid-day meals to school children, etc. The Piramal Foundation received the most prestigious ‘Corporate Trailblazer Award’ launched by the India Today Group (Safaigiri Awards 2015 as a part of the national campaign called Clean India Mission). The Award was presented by the Hon’ble Prime Minister of India, Mr. Narendra Modi. This Award was given in recognition of the excellent work being done by Piramal Sarvajal in the social entrepreneurship space.
Directorships: Apart from Group Companies, he serves on the Harvard Business School’s Board of Dean’s Advisors. He is a Non-Executive Director of Tata Sons Ltd. He is the President and Chairman of Governing Body of Anant National University. He is also the Chairman of Pratham Education Foundation. He is a member of the Alternative Investment Policy Advisory Committee (AIPAC) constituted by SEBI, as well as the National Council of Confederation of the Indian Industry. Till recently, he was the Chairman of the Board of Governors of IIT, Indore.
Mr. Piramal is the Co-Chair of UK-India CEO Forum. He was a member of the Hon’ble Prime Minister’s Council for Trade and Industry and the Board of Trade, constituted by the Ministry of Commerce. In addition, he was a member of the Hon’ble Prime Minister’s Task Force on Pharmaceuticals and Knowledge-Based Industries, and served on the Central Board of State Bank of India for 10 years.
Awards: Mr. Piramal is the recipient of several national and international awards such as ‘Entrepreneur of the Year’ Award of UK Trade and Investment Council (2006); Ernst & Young’s Entrepreneur of the Year in the Healthcare and Life Sciences category (2004); ‘Business Leader of the Year’ Award instituted by the Indo-American Chamber of Commerce; ‘Forbes Philanthropy Awards’ in the Outstanding Philanthropist category in 2013 and 2014. SEN Sustainability Award – Philanthropy and Best of Best – instituted by World Presidents’ Organisation (2015); Corporate Citizen of the Year award by AIMA Managing India Awards (2016). He has been attending the annual meetings of World Economic Forum for twenty years.
Education: B. Sc (Hons) from Bombay University; Master in Management Studies from Jamnalal Bajaj Institute of Management Studies; Advanced Management Programme from Harvard. Mr. Piramal has been conferred with an Honorary Doctorate Degree in Philosophy (D. Phil) by Amity University, India.
