Page 19 - Seniorstoday January 2024 Issue
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2 crore to establish The Singhvi Trinity 15.84 lakh crore.
Scholarship at Cambridge, to focus And, as the saying goes, the proof is in the
exclusively on Indian students desirous of pudding.
pursuing an LLM. According to Business Today, the
Mumbai-headquartered ICICI bank
37 Savitri Jindal, 83, Businesswoman, has climbed the ladder of BT500—
Politician the definitive listing of India’s most
Savitri Jindal is the richest valuable companies by average market
woman in India, and the capitalisation—leaving behind giants like
world’s seventh-richest HUL and Infosys, who rule their domains,
mother. to No. 4, climbing two places from last
Jindal was known for year.
her view that the women Undoubtedly, the credit goes to the
in their family primarily manage the leadership.
household and do not participate in the “Our strategic focus continues to be on
business aspect. However, everything growing our core operating profit through
changed following her husband’s demise a 360-degree customer-centric approach
in a helicopter crash in 2005. Post the and by serving opportunities across
untimely demise of her husband, she took ecosystems and micro-markets,” Bakhshi
charge of the business. said in an analyst call in October.
Jindal, a mother of nine children, Bakhshi insists on internal collaboration,
divided the group’s companies among which basically means better coordination
her four sons, who now operate them among teams on the ground and the head
independently. office or the product heads.
Jindal used to be active in politics and That’s the Bakhshi mantra communicated
still contributes to the public work her to his 140,000-strong workforce: the
husband started. importance of building a sustainable
business strategy and an organisation that
38 Sandeep Bakhshi, 63, Banker can stand the test of time.
When Bakhshi entered
the corner office of 39 Vijay Chauhan 87, Businessman
ICICI in October 2018, When you are patriarch
the bank had a lot on of the family business
its plate, including the that manufactures the
mired-in-controversies world’s largest selling
departure of then MD and CEO Chanda biscuit, you can verily
Kochhar. A sizable decline in the quality of give yourself a pat on the
assets in the corporate book was not good back.
news. Since then, the bank’s advances Even though he is ranked among the
have nearly doubled from Rs 5.12 lakh first 30 richest Indians, Vijay Chauhan
crore in March 2018 to Rs 10.19 lakh is reclusive and conservative, with no
crore in March 2023, while its assets have immediate plans of taking the company to
expanded from Rs 8.79 lakh crore to Rs an IPO.
SENIORS TODAY | ISSUE #55 | JANUARY 2024 19
