Naina Lal Kidwai

Naina Lal Kidwai
Kidwai in 2014
Born (1957-04-14) April 14, 1957 (age 67)[1]
Delhi, India
NationalityIndian
Alma materUniversity of Delhi (BA)
Harvard Business School (MBA)
Institute of Chartered Accountants of India
Occupation(s)Banker
Chartered accountant
Years active1982 – present
TitleEx-CEO and Country Head of HSBC India[2][3]
SpouseRashid K. Kidwai
FamilyThapar family

Naina Lal Kidwai (born 14 April 1957) is an Indian banker, chartered accountant and business executive.[4] She was a Group General Manager and the Country Head of HSBC India.[5][6][7] She is also a former President of the Federation of Indian Chambers of Commerce and Industry (FICCI).[8] In 2015, Kidwai received the Padma Shri.[9]

Early life and background

Naina Lall Kidwai was born into a Punjabi family on 14 April 1957.[10] Kidwai's father, Surinder Lall, was the CEO of an insurance company.[11] Kidwai's mother was the daughter of Karamchand Thapar, founder of the Thapar Group of companies.[12] Kidwai has one sister, Nonita Lall Qureshi, a golfer and an Arjuna Award winner in 1989, who is married to Pakistani golf champion Faisal Qureshi.[13][14]

Education

Kidwai holds a bachelor's degree in economics from Lady Shri Ram College for Women, a woman's college in University of Delhi, and belongs to the batch of 1977.[15] Funded by her mother's wealthy family, she then went to Harvard Business School (HBS) to do a Master of Business Administration (MBA), and graduated in 1982.[15] Kidwai is also the first Indian woman to graduate from HBS.[16] She is also a qualified chartered accountant.[17]

Career

Kidwai's first job was with Price Waterhouse, which later became PricewaterhouseCoopers (PwC).[18] She entered the banking industry when she joined ANZ Grindlays, where she worked from 1982 to 1994.[11] From 1994 to 2002, Kidwai worked in Morgan Stanley India, where, in 1997, she was also made the head of investment banking.[11]

In 2002, she joined HSBC Securities and Capital Markets and her during time at the company, Kidwai became HSBC Securities and Capital Market's vice-chairman, managing director, and head of investment banking in India, and retired in 2015.[11] She also oversaw other HSBC India businesses, including insurance, asset management, securities and capital markets, software development and global service centres.[19]

She has also been the Chairman of Max Financial Services.[20] Her other positions include being a non-executive director on the board of Nestle SA and Altico Capital Partners, chairwoman, City of London's Advisory Council for India, Global Advisor, Harvard Business School.[21][22][23] She is on the Governing Board of NCAER, Audit Advisory Board of the Comptroller and Auditor General of India, and on the National Executive Committee of CII and FICCI. She is an independent director of Nayara Energy (Formerly Essar Oil Limited) and Biocon.[23][24]

Kidwai served as the President of Federation of Indian Chambers of Commerce & Industry (FICCI).[25] Elected in 2012, she was the first woman to be elected as the FICCI president.[25] Kidwai has also been a Senior Adviser to Rothschild & Co in India.[17] She is a National Advisory Board Member to AIESEC India. She is also on the Board of Advisors of India's International Movement to Unite Nations (I.I.M.U.N.).[26]

Recognition

Kidwai received the Padma Shri in 2015 for her contributions in the areas of trade and industry.[9] She also received the All Ladies League's Delhi Women of the Decade Achievers Award 2013 for Excellence in Banking.[27] Kidwai has repeatedly ranked in the Fortune global list of Top Women in Business. She was 12th in the Wall Street Journal 2006 Global Listing of Women to Watch and was listed by Time Magazine as one of their 15 Global Influentials 2002.[28]

Personal life

Kidwai is the second wife of Rashid Kidwai, who runs an NGO named Grassroot Trading Network for Women.[29] They have one daughter together, Kemaya Kidwai.[30] Rashid Kidwai also has a son from his previous marriage.[31] Kidwai reveals in an interview that she listens to "all music except heavy metal" and claims to be a nature lover who loves to go on trekking tours to the Himalayas.

References

  1. ^ "Business Biographies -Naina Lal Kidwai". Archived from the original on 6 March 2016. Retrieved 4 January 2012.
  2. ^ "Businessweek Executive Profile -Naina Lal Kidwai". Archived from the original on 18 January 2013. Retrieved 4 January 2012.
  3. ^ "Indian Businesswomen – Naina Lal Kidwai". Archived from the original on 5 July 2017. Retrieved 4 January 2012.
  4. ^ "Sheila Dikshit, Shobhana Bhartia and Sharmila Tagore among women achievers honoured". India Today. 23 July 2013. Archived from the original on 7 December 2019. Retrieved 7 December 2019.
  5. ^ "Naina Lal Kidwai – TIME". 14 December 2008. Archived from the original on 14 December 2008.
  6. ^ "Naina Lal Kidwai to head HSBC India ops". 17 April 2009. Archived from the original on 14 October 2022. Retrieved 14 October 2022.
  7. ^ "Archives Top and Latest News". mint. Archived from the original on 28 June 2021. Retrieved 14 October 2022.
  8. ^ "Naina Lal Kidwai – President – FICCI blog". Archived from the original on 18 October 2022. Retrieved 22 December 2012.
  9. ^ a b "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Archived (PDF) from the original on 15 October 2015. Retrieved 21 July 2015.
  10. ^ "Naina Lal Kidwai - 17806 Director Info". MyCorporateInfo. Archived from the original on 9 November 2021. Retrieved 17 November 2024.
  11. ^ a b c d Mathur, Nandita (4 May 2018). "Naina Lal Kidwai: Banking on wonder women". Mint. Archived from the original on 21 July 2024. Retrieved 14 November 2024.
  12. ^ Das Gupta, Surajeet; Bhandari, Bhupesh (20 January 2013). "The right chemistry". Business Standard. Archived from the original on 29 February 2024. Retrieved 14 November 2024.
  13. ^ "Indian golf ace Nonita Lall and Pakistani numero uno Faisal Qureshi to tie the knot". India Today. 15 April 1991. Retrieved 13 November 2024.
  14. ^ "Golden leaf from yesteryears". Hindustan Times. 9 June 2010. Retrieved 14 November 2024.
  15. ^ a b "Naina Lal Kidwai". Harvard Business School. Archived from the original on 20 July 2024. Retrieved 14 November 2024.
  16. ^ Education Desk (6 October 2024). "Who is the first Indian woman to graduate from Harvard Business School". The Indian Express. Retrieved 13 November 2024.
  17. ^ a b Mukherjee, Udayan (17 October 2022). "Independent directors are not investigators, Naina Lal Kidwai tells Udayan Mukherjee". Business Today. Archived from the original on 8 December 2022. Retrieved 13 November 2024.
  18. ^ Punj, Shweta (30 August 2011). "The country head of HSBC was the first woman to enter the male bastion of investment banking". Business Today. Archived from the original on 2 October 2024. Retrieved 14 November 2024.
  19. ^ TNN (10 August 2010). "Naina Kidwai on HSBC's A-Pac board". The Times of India. ISSN 0971-8257. Retrieved 14 November 2024.
  20. ^ BS Reporters (16 January 2016). "Max India wraps up three-way demerger". Business Standard. Archived from the original on 16 June 2023. Retrieved 16 November 2024.
  21. ^ Gupta, Bhawna (30 September 2015). "Naina Lal Kidwai to step down as HSBC India head". VCCircle. Retrieved 17 November 2024.
  22. ^ "Naina Lal Kidwai". FICCI Blog. 11 February 2013. Retrieved 17 November 2024.
  23. ^ a b "Members of the Global Commission, Naina Lal Kidwai". New Climate Economy. Archived from the original on 21 June 2024. Retrieved 17 November 2024.
  24. ^ "Naina Lal Kidwai - Independent and Non-Executive Director". Biocon. Archived from the original on 21 July 2024. Retrieved 17 November 2024.
  25. ^ a b Our Bureau (16 December 2012). "Naina Lal Kidwai is first woman president of FICCI". BusinessLine. Retrieved 14 November 2024.
  26. ^ "I.I.M.U.N. || Board of Advisors". new.iimun.in. Archived from the original on 17 July 2021. Retrieved 17 July 2021.
  27. ^ "Delhi CM and Outstanding Women Achievers Honored by ALL LADIES LEAGUE". Women Economic Forum. 23 July 2013. Archived from the original on 7 December 2019. Retrieved 7 December 2019.
  28. ^ "Naina Kidwai named among world's top business influentials". The Times of India. 21 April 2013. Archived from the original on 21 April 2013.
  29. ^ Prasannarajan, S (26 March 2007). "India Today Power List 2007: India's 50 most powerful people". India Today. Retrieved 13 November 2024.
  30. ^ Sentinel Digital Desk (8 June 2021). "Former Executive of ITC Rashid Kidwai Passes Away due to Post COVID Ailments". Sentinel Assam. Retrieved 13 November 2024.
  31. ^ Sunny, Shashi (24 May 2015). "Wonder women". Deccan Chronicle. Archived from the original on 24 February 2016. Retrieved 13 November 2024.
Wikimedia Commons has media related to Naina Lal Kidwai.