Kumar Birla
Chairman
Aditya Birla Group
India |
Mr. Kumar Mangalam Birla is the Chairman of the US $ 35 billion multinational Aditya Birla Group, which operates in 33 countries across 6 continents. Over 60% of its revenues flow from its operations outside India. Mr. Birla chairs the Boards of all of the Group’s major companies in India and globally. Among its clutch of companies globally feature Novelis, Columbian Chemicals, Aditya Birla Minerals, Aditya Birla Chemicals, Thai Carbon Black, Alexandria Carbon Black. In India, he chairs the Boards of Hindalco, Grasim, Aditya Birla Nuvo, UltraTech, Idea, Aditya Birla Financial Services and Aditya Birla Retail. The Group’s businesses are spread across a swath of industries. These include aluminium, copper, cement, textiles (pulp, fibre, yarn, fabric and branded apparel), carbon black, insulators, mining, power, agribusiness, telecommunications, financial services, IT/ITeS, retail and trading.
As Chairman, Mr. Birla has taken the Aditya Birla Group to an altogether higher growth trajectory. In the 16 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 Group’s turnover from US$ 2 billion in 1995, to US$ 35 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 24 acquisitions in 16 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, led to 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 world’s 3rd largest carbon black manufacturer positioned the Group as the No. 1 player in this sector, given its own sizeable carbon black operations today. Likewise, the acquisition of Domsjö Fabriker, a leading Swedish speciality pulp manufacturer enables the Group’s 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, Palm 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 Group’s manufacturing units. In India as well, he has made major acquisitions, the most notable being the Cement division of Larsen & Toubro, Indal from Alcan and 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 organization, anchored by an extraordinary force of 133,000 employees belonging to 42 different nationalities.
Mr. Birla is a Director on the Central Board of Directors of the Reserve Bank of India, India’s Central Bank and serves as Chair of its Staff Sub-Committee. He also serves on the Prime Minister of India’s Advisory Council on Trade and Industry.
As the Chairman of Securities and Exchange Board of India (SEBI) Committee on Corporate Governance, he authored the First Report on Corporate Governance titled “Report of the Kumar Mangalam Birla Committee on Corporate Governance”. Its recommendations were path breaking and became the basis of corporate governance norms. Furthermore, as the Convener of the Prime Minister’s 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 SEBI’s committee on Insider Trading which formulated Corporate Governance principles for Indian corporates. He was named Chairman of the Ministry of Company Affairs Advisory Committee and the Ministry of Commerce and Industry’s Board of Trade. 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.
Mr. Birla 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 School’s Asia Pacific Advisory Board and is a Honorary Fellow of the London Business School.
Mr. Birla has institutionalized the concept of caring and giving at the Aditya Birla Group. With his mandate, the Group is involved in meaningful welfare driven activities that distinctively impact the quality of life of the weaker sections of society, surrounding hundreds of villages that are among the poorest in India, Thailand, Philippines and Egypt.
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