Born: June 14, 1967
Achievement: Chairman of the Aditya Birla Group; Chosen as Ernst
& Young Entrepreneur of the Year - India in 2005
Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. The
group is India's third largest business house. Major companies of Aditya
Birla Group in India are Grasim, Hindalco, UltraTech Cement, Aditya
Birla Nuvo and Idea Cellular. Aditya Birla Group's joint ventures
include Birla Sun Life (Financial Services) and Birla NGK (Insulators).
The group also has its presence in various countries such as Thailand,
Indonesia, Malaysia, Philippines, Egypt, Canada, China and Australia.
Born on June 14, 1967, Kumar Mangalam Birla spent the early of his life
in Calcutta and Mumbai. He is a Chartered Accountant and did his MBA
(Masters in Business Administration) from the London Business School,
London. Kumar Mangalam Birla took over as Chairman in 1995, at the age
of 28, after sudden demise of his father, noted industrialist Aditya
Birla, after whom the group is named.
When Kumar Mangalam Birla assumed
the mantle at the Aditya Birla Group, Doubts were raised about his
ability to handle a giant business house with interests spanning
viscose, textiles and garments on the one hand and cement, aluminium and
fertilisers on the other. But Kumar Mangalam proved his skeptics wrong.
He brought in radical changes, changed business strategies,
professionalised the entire group and replaced internal systems. Kumar
Mangalam reduced his group's dependence on the cyclic commodities
sectors by entering consumer products.
Under Kumar Mangalam Birla's leadership, the Aditya Birla Group, apart
from consolidating its position in existing businesses, also ventured
into sunrise sectors like cellular telephony, asset management, software
Kumar Mangalam Birla also holds several key positions on various
regulatory and professional boards, including chairmanship of the
advisory committee constituted by the ministry of company affairs for
2006 and 2007, membership of the prime minister of India's advisory
council on trade and industry, chairmanship of the board of trade
reconstituted by the union minister of commerce and industry, and
membership of the Central Board of Directors of the Reserve Bank of
Kumar Mangalam Birla has won several honors. Major among them include
The Business Leader of the Year (2003) by The Economic Times, Business
Man of the Year - 2003 by Business India, and The Ernst & Young
Entrepreneur of the Year - India in 2005.