Kalpana Morparia     

Kalpana Morparia is an Indian banker. She was associated with ICICI Bank for thirty three years. She was the Chief Executive Officer of South and Southeast Asia, JPMorgan, the Indian extension of a 2.1 trillion dollar American company. Kalpana serves as an independent Director on the Boards of several leading Indian companies. A graduate in law from Bombay University, Morparia has served on several committees constituted by the Government of India. She is ranked by Fortune magazine as one of the fifty most powerful women in international business

She took up teaching after completing graduation but had to take a break for 11–12 months as she developed speech complications and had to remain confined to home. Her elder sister Parul Thakker had studied law and was associated with a solicitor’s firm. She decided to follow the same and got admitted in a law college. Meanwhile, she married Jaisingh. She completed her law degree and joined in 1974 a law firm named Matubhai Jamiyatram and Madon, a law firm at no pay.

In 1975, she joined ICICI to work at their legal department. The management began to entrust her with various responsibilities. In 1991 the management sent her to the USA to study capital market in America where she worked at New York's David Polk and Wardwell for three months

She was responsible for the birth of ICICI bank which she got listed with the New York Stock Exchange in 1999. She facilitated the merger of ICICI bank with ICICI in 2002.

Business advancement

Kalpana worked in the legal department of ICICI from 1975 to 1994. In 1996 she was designated as General Manager. Then she was in charge of the legal, planning, treasury and corporate communications departments. In 1998, she was designated a Senior General Manager of ICICI. She joined the Board of Directors of ICICI in May 2001.

In May 2002 the board appointed Morparia as an Executive Director. Again in 2006 April she was designated as the Deputy Managing director. Thereafter she was made the joint Managing Director. She was then in charge of the Corporate Centre with responsibilities such as transaction processing and operations for wholesale, retail, rural and international banking, strategy, risk management, compliance, audit, legal, finance, treasury, secretarial, human resources management, corporate communications and facilities management and administration functions. For a period of five years from 1 June 2007 to 2012, she was the Chief Strategy and Communications Officer.

Kumar Mangalam Birla

Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, and the chairman of the Indian Institute of Technology Delhi and Indian Institute of Management Ahmedabad.

Birla is a fourth-generation member of the Marwari Birla family from the state of Rajasthan. He was born in Kolkata and raised in Mumbai. He did his high school from Sydenham College of Commerce and Economics and a bachelor's degree from H.R. College of Commerce and Economics of the University of Mumbai, and a MBA degree from London Business School, where he is an honorary fellow. He is also a Chartered Accountant from Institute of Chartered Accountants of India (ICAI).

Career

Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. During his tenure as chairman, the group's annual turnover has increased from US$3.33 Billion in 1995 to US$48.3 billion in 2019. According to Bloomberg Billionaires Index, Birla lost $3.1 billion between 2017 and 2019, with his net worth reduced to $6 billion. The major reason for this loss is "financial distress" that Vodafone Idea Ltd has been experiencing, in addition to the fall in "shares of flagship firms that produce chemicals, metals and cement."