About the Editor and the Contributors
EDITOR
A.C. Fernando is a professor of economics, ethics, and corporate governance, and currently the director of the Loyola Centre for Business Ethics and Corporate Governance, a Centre of Excellence, in the Loyola Institute of Business Administration, Chennai. Since completing his MA in Economics from the University of Madras in 1962, he has taught in universities and professional institutes in Mumbai and Chennai. He has also been a corporate consultant and trainer.
He is the author of several books on economics-related subjects and innumerable articles on economics, education, and management. He has also edited well-known industrial directories and business journals. His books include Corporate Governance: Principles, Policies and Practices and Business Ethics: An Indian Perspective, both published by Pearson Education.
CONTRIBUTORS
M. A. Alagappan is the executive chairman of the Murugappa Group, and a director on the boards of several companies of the Group. Apart from the Group, he also serves on the board of directors of AVT Natural Products Ltd and International Flavours and Fragrances (India) Ltd.
Equipped with vast experience and knowledge in managing diverse businesses, he has been actively involved with several leading industry associations. He is a past president of The United Planters' Association of southern India (UPASI) and AIEO and is a committee member of the Federation of Indian Chamber of Commerce and Industry (FICCI), Delhi.
Mr Alagappan takes keen interest in social welfare and is a trustee of the AMM Arunachalam Trust and AMM Foundation that run schools and hospitals across India. A management graduate from the University of Aston in Birmingham, Mr Alagappan is also a commerce graduate from the University of Madras. At present, he is also the Honorary Consul for Hungary in India.
Arindam Banerrji is the chief operating officer (COO) and managing director (MD) of Deutsche Bank Operations International (DBOI) in Bengaluru and Mumbai. His primary responsibility is to establish and manage the overall operating model for management processes in DBOI. He has management oversight responsibility for the BPO activities in India, and is responsible for increasing the convergence around the policies and governance framework for the various BPO units.
Mr Banerrji has had a wide and varied experience of over 16 years. After completing his chartered accountancy in the year 1988, Mr Banerrji joined the shipping division of Larsen & Toubro (L&T). He left L&T to join J.P. Morgan in the year 1995 and has served in various capacities in Finance, Technology and Operations. His last role there was to set up the Global Service Centre of JPMC, where he was the chief operating officer and head of Transition Management.
Venkat Changavalli is the CEO of EMRI (Emergency Management and Research Institute). Mr Changavalli joined EMRI, a not-for-profit society in Andhra Pradesh, in 2005, which now operates a 24-hour Emergency Response Service in Andhra Pradesh, Gujarat, Uttarakhand, Goa, Tamil Nadu, Rajasthan, Karnataka, and Assam.
Mr Changavalli completed his B.Tech. in Chemical Engineering from the NIT Warangal and his MBA from IIM Ahmedabad. Prior to joining EMRI, he has had 28 years of corporate experience that includes an 11 year stint as CEO, Symrise (formerly Dragoco), and 17 years in Finance and Planning, Marketing and General Management in Indian and multinational corporations in the pharmaceutical, chemical and FMCG allied industries.
Mr Changavalli is a strategic thinker, an organization builder and people developer who drives change with clear communication for effective execution. He believes in networking for intellectual and emotional growth and practices a simple and straight forward style for building teams and, thus, leading to a trustworthy organizational culture.
M. Damodaran, at the time of the conference, was the Chairman of Securities and Exchange Board of India (SEBI). Mr Damodaran graduated in Economics from the University of Madras and then in Law from the University of Delhi. He has handled a wide variety of administrative responsibilities in central and state governments as also in the financial sector. An IAS officer of the 1971 batch, he has worked at different levels in the Ministries of Defense, Textiles, Information and Broadcasting and Finance in the Government of India. He has been the Chief Secretary of the Government of Tripura from 1992 to 1995.
After a year with the Reserve Bank of India (RBI), during which he was associated with drawing up restructuring plans for three identified public sector banks, which have since turned around, he was appointed the chairman of Unit Trust of India (UTI). His restructuring and restoring of UTI to health is widely regarded as the major successful turnaround of any institution in the financial sector. He thereafter converted Industrial Development Bank of India (IDBI) to a bank by an innovative restructuring of its assets and facilitated its merger with the IDBI Bank Ltd.
He is a recipient of Bombay Management Association's (BMA) Finance Man of the Year 2004 Award, the Biennial Priyadarshini Award for Public Service, the Golden Peacock Award for Leadership and the Centenarian Award for contribution to economic development. He has recently been elected as the Chairman of the Emerging Markets Committee (EMC) of International Organization of Securities Commissions (IOSCO).
David T. Hopper was, at the time of conference, the consul general of the United States of America in South India. He was born in Albany, Georgia in 1952, and was educated at Georgetown University and Creighton University School of Law. Since joining the Foreign Service in 1975, he has served at various overseas posts in Stuttgart, Bombay (Mumbai), Abu Dhabi, Krakow, Stockholm, Warsaw, Melbourne, Beijing and Chennai. He also has worked in several Department of State offices in Washington DC, including as managing director of the visa office in 1995–97. He is a member of the Senior Foreign Service with the rank of Minister-Counselor. He speaks German, Polish, Swedish, and Chinese.
J. J. Irani is a director of Tata Sons, Tata Industries, Tata Motors and Tata International. Dr Irani is an M.Sc. in geology and has obtained his M.Met. and Ph.D. from the University of Sheffield, UK, in 1960 and 1963 respectively, with a gold medal for his Ph.D. thesis. Dr Irani began his professional career in 1963 as a Senior Scientific Officer at the BISRA, Sheffield, where he rose to head the Physical Metallurgy Division. On his return to India in 1968, he joined Tata Steel as Assistant to Director (R&D). In 1979, he was appointed general manager, and president in 1985. He became the managing director in 1992. After holding the CEO's office for almost a decade, he retired as the managing director of Tata Steel in July 2001.
He has received a number of awards recognizing his contributions to the company and industry, prominent among them being the Metallurgist of the Year award in 1974 from the Ministry of Steel and Mines and the Steel Man of the Year 1990, the prestigious Platinum Medal in November 1988 by the Indian Institute of Metals, Ernst & Young's Lifetime Achievement Award, 2001 for entrepreneurial success and the Twelfth Willy Korf Steel Vision Award from World Steel Dynamics and American Metal Market.
On 14 October 1997 Queen Elizabeth II conferred upon him an Honorary Knighthood (KBE) for his contributions to the Indo-British Trade and Cooperation. In 2007, he was honoured by the President of India with a Padma Bhushan for his services to Trade and Industry in the country.
S. B. Mathur has been appointed by the Government of India as the administrator of the Specified Undertaking of the Unit Trust of India (SUUTI). He is the chairman of National Stock Exchange and is also on the boards of some reputed companies.
Mr Mathur completed his B.Com. from the Agra University, ICWA (Part I & II) from London and is also an FCA (Fellow of the Institute of Chartered Accountants of India).
Mr Mathur retired from the Life Insurance Corporation of India (LIC) in October 2004 as its chairman, having joined the organization as a direct recruit in 1967. He has a successful track record of introducing new products in the insurance sector in a competitive environment.
Prior to his current assignment as administrator of the SUUTI and chairman of NSE, he has held various prestigious positions in the LIC from Senior Divisional Manager in-charge of the Gwalior division to chief of corporate planning at the central office, General Manager of the LIC International in Bahrain, zonal manager in-charge of the western zone, before taking charge as the executive director.
Madhav Mehra is the president of the World Council for Corporate Governance. Having qualified for the Indian Administrative Services, Dr Mehra joined the Government of India and held various assignments before he founded Quality Management International. In May 1996, Dr Mehra was elected as the first chairman of the World Quality Council at Chicago at the Annual Quality Congress organized by the American Society for Quality.
Dr Mehra was educated in India and the UK and has authored several books including Making Corporate Governance Work for the Poor and Making a Difference through Corporate Governance. Dr Mehra has founded several not-for-profit local and global initiatives. He is the president of the World Environment Foundation, a UK-registered charity, and managing trustee of the SM Charitable Trust.
Krishna Mohan is the president of Ogilvy & Mather and currently looks after training and development for India.
He started his working career with Harrisons & Crossfields, moved to Nestle in sales and marketing. He moved to an advertising agency, F D Stewart in 1982. After a stint in HTA, he moved to Rediffusion where along with a small team of three other advertising entrepreneurs helped launch Funskool toys in India.
His most memorable brands over the years have been Parryware, TI Cycles, Funskool among others and he had a long and fruitful association with CavinKare. In the area of corporate social responsibility, he has participated in developing communication for the Palani Hills Conservation Council, Jeevan Blood Bank, Ability Foundation and Pathways.
J. Mohapatra is presently working as executive director (R&R, Safety and CSR), National Thermal Power Corporation (NTPC). Prior to that, he has worked in various capacities in green field projects and power stations covering all major areas. He has served at six major super thermal power projects of NTPC located in various parts of the country. During his professional career, he has given his personal contribution to the CSR/R&R (rehabilitation and resettlement) and safety-related activities and thus has a feel of the complex issues and the intricacies involved at grassroots level. These were acknowledged at various levels and his stints at these projects is even remembered today by the stakeholders at large.
He is a 1971 batch electrical engineer and an alumnus of the prestigious Sambalpur University, Orissa. He has also contributed to various technical and literary papers on varied subjects.
D. P. Padmanabhan is the managing director of Eurocon Tiles. Prior to this, he worked as a senior marketing manager with Wavin, UK, an affiliate of Royal Dutch Shell Company. Thereafter, he joined Southern Group Companies in 1978 as a principal member of the management team. The group markets diverse products such as commercial explosives, polyurethane foam, cryogenic containers, paints, coatings and edible oil.
Mr Padmanabhan is a mechanical engineer from the College of Engineering, Guindy with a postgraduate qualification in business management from the University of Madras.
N. Ram is the editor-in-chief of The Hindu, Frontline, Business Line and the Sportstar weekly of The Hindu Group of Publications based in Chennai. A political journalist and analyst, he has been in the media since 1966. He was formerly the associate editor of The Hindu and, between 1980 and 1982, was the newspaper's Washington correspondent.
The honours and awards received by Mr N. Ram include the Padma Bhushan (1990); the Asian Investigative Journalist of the Year award from the Press Foundation of Asia (1990); the B. D. Goenka Award for Excellence in Journalism (1989); the National Citizen's Award (1995); XLRI's first JRD Tata award for Business Ethics (2002); and Sri Lanka Ratna, Sri Lanka's highest National Honour conferred on non-nationals, conferred by the President of Sri Lanka on 14 November 2005.
He is closely associated, as a trustee of the Media Development Foundation (MDF), with the Asian College of Journalism in Chennai, India. The mandate of the MDF is to offer postgraduate journalism education and in-career training of quality and relevance, and to engage in focused media-related research.
He is also the president of Harmony India, Chennai, an organization dedicated to the promotion of communal harmony and secularism.
James J. Spillane, S. J. is currently a joint professor of economics at the Gregorian University in Rome and Italy, the Sanata Dharma University in Yo-gyakarta, Indonesia and the Gadjah Mada University also in Yogyakarta. He is also the director of the Sanata Dharma Center for Tourism Research and Training.
Born at Brighton, Massachusetts, USA in 1943, he entered the Society of Jesus in 1964 and was ordained a priest in May 1976. He has received his BS and MA in Mathematics from Boston College, his Ph.D. in International Economics from the New York University and his M.Div. from the Weston School of Theology in Cambridge, Mass., USA. His professional experience includes teaching in a variety of universities and business schools across the world.
He has written articles and books in English and Indonesian on International Economics (especially Indonesian commodity exports), values and university education, business ethics and the role of tourism in the Indonesian economy. He is currently writing books on business research methodology, management of travel agencies, business ethics and international tourism as well as spirituality for hospitality professionals. Fr Spillane can fluently speak in English, Indonesian, Italian and Spanish.
Ramanujam Sridhar is the chief executive officer of Brand-Comm, the company that he launched in 1998. Brand-Comm's impressive list of clients includes Philips Innovation Campus, Pantaloons and MindTree Consulting.
Mr Sridhar is a postgraduate in economics from Loyola College and a PGPM from IIM Bangalore. His book One Land, One Billion Minds delves into the nuances of the advertising industry in India. He made the switch from finance to advertising in 1983. He has held positions such as executive director at R K Swamy, CEO of Pratibha Advertising and senior vice president at Mudra.
He is a visiting professor at IIM Bangalore as well as IIM Kozhikode, IIM Indore, SDM Institute of Management, Mysore. He has also had been the president of the Advertising Club, Bangalore and is a former president of the IIMB Alumni Association.
M. S. Sundara Rajan is the chairman and managing director of the Indian Bank. He holds a masters degree in economics. He is an associate member of the Institute of Company Secretaries of India and has over three decades of experience in banking.
Before joining the Indian Bank, he served the Union Bank of India for 33 years. There he was the general manager in-charge of the Mumbai Metropolitan Zone, which covers 102 branches including Greater Mumbai, Thane district and Raigad district and adds up to a business mix of Rs 34,000 crores. He has also been in-charge of the Industrial Finance Branch, New Delhi and the deputy general manager (credit) at the head office. (At the time of the talk, he was the executive director of Indian Bank.)
Luc Van Liedekerke is currently the president of European Business Ethics Network (EBEN). EBEN is the biggest network in business ethics and CSR research in the world, bringing together around 1,100 academics. He is also the director of the Centre for Economics and Ethics (Leuven University) and of the Centre for Ethics (University of Antwerp).
He studied philosophy and economics, both at Leuven, and holds a Ph.D. in philosophy and an M.Sc. in economics. He has published, among other things, Explorations in Financial Ethics (2000) and Business en Ethiek: spelregels voor ethisch ondernemen (2002, 2006), the reference handbook on business ethics in the Dutch-speaking countries.
He teaches regularly at business schools in Belgium and abroad.