The Centre for Investment hosted its first Risk and Governance Summit in Mumbai, in partnership with Deloitte. Anand Sinha, deputy governor of the Reserve Bank of India, and Chanda Kochhar, CEO of ICICI Bank delivered the keynote addresses at the event. Usha Thorat, former deputy governor of the Reserve Bank of India and current director of CAFRAL, delivered the closing address. Panelists and audience members consisted of CEOs and CXOs from leading global and Indian financial institutions. Distinguished speakers included Richard Apostolik, CEO of the Global Association of Risk Professionals, and Eckhard Platen, chair in quantitative finance at the University of Technology, Sydney, incoming President of the Bachelier Finance Society, and the author of more than 140 peer-reviewed research papers.
Hemant Kanoria, CMD Srei Infrastructure Finance, was at the Mohali campus recently to discuss the role of innovation in the growth of the infrastructure industry, with special focus on Srei. This talk was organised as part of the Infrastructure Leadership Speaker series by the members of the Srei Infrastructure Club and the ISB student community. Kanoria spoke about how the concept of equipment leasing to the Indian market and the Srei-BNP Paribas joint venture were innovative strategies employed by the company. He also spoke about the assistance provided by the Srei Sahaj Centres to the people in rural India while also promoting entrepreneurship among them. The company has set up over 29,000 such centres that provide training to the rural population.
Advocating a balanced approach between social responsibility and profit making, S Sivakumar, Chief Divisional Executive, Agri Business Development, ITC India, spoke about his company’s Corporate Social Responsibility (CSR) initiatives. “This is something we have embedded into our system and aim to take it forward more strongly,” he said, while emphasising the importance of building the society along with the business. Sivakumar was speaking on “Corporate Social Responsibility – The Real Picture,” at the Mohali campus. Sivakumar had conceptualised ITC’s e-Choupal model, an example of a working business model that can also benefit society. Currently, e-Choupals benefit over 3.5 million farmers, who can get information on best farming practices, prevailing market prices for their crops and the weather forecast.
Answering questions ranging from China’s competitive threat in manufacturing, to the grooming of leadership within L&T as it splits into 10 different independent Companies, M V Kotwal, President (Heavy Engineering) and Director, Larsen and Toubro Ltd., interacted with students at the Mohali campus. Kotwal spoke on “Operations and Challenges facing the Indian Industry: L&T’s perspective” and inaugurated the Energy, Manufacturing and Operations Club. The evening concluded on a positive note with both Kotwal and the School expressing eagerness to working together.