Mr. Kumar Mangalam Birla
Chairman, UltraTech Cement Limited.
Mr. Kumar Mangalam Birla is the Chairman of UltraTech Cement. He is at the helm of the US$40 billion multinational Aditya Birla Group, which operates in 36 countries across six continents. Over 53 per cent of its revenues flow from its operations outside India.
Mr. Birla chairs the Boards of the major Group companies in India and globally. The global companies include Novelis, Columbian Chemicals, Aditya Birla Minerals, Aditya Birla Chemicals, Thai Carbon Black, Alexandria Carbon Black, Domsj Fabriker and Terrace Bay Pulp Mill, among others. In India, Mr. Birla chairs the Boards of Hindalco, Grasim, Aditya Birla Nuvo, UltraTech, Idea, Aditya Birla Financial Services and Aditya Birla Retail.
The Group's businesses are spread across a swath of industries. These include aluminium, copper, cement, textiles (pulp, fibre, yarn, fabric and branded apparel), carbon black, insulators, natural resources, power, agribusiness, telecommunications, financial services, retail and trading.
Mr. Birla took over as Chairman of the Group in 1995, at the age of 28, after the untimely demise of his father. As Chairman, Mr. Birla has taken the Aditya Birla Group to an altogether higher growth trajectory. In the 17 years that he has been at the helm of the Group, he has accelerated growth, built a meritocracy and enhanced stakeholder value.
In the process, he has raised the Group's turnover from US $2 billion in 1995, to US $40 billion today. Mr. Birla has restructured the businesses to emerge as a global/national leader in the sectors in which the Group operates. He has made 26 acquisitions in 17 years in India and globally, the highest by an Indian multinational in India.
The acquisition of Novelis, a global metals major, in 2007, the second largest acquisition ever by an Indian company, led to a new-found respect for Indian companies and stoked a higher level of interest in the country as well. Recently, the acquisition of Columbian Chemicals, a US-based company and the world's third largest carbon black manufacturer positioned the Group as the No. 1 player in this sector, given its own sizeable carbon black operations. Likewise, the acquisition of Domsj Fabriker, a leading Swedish speciality pulp manufacturer enables the Group's Pulp and Fibre business to further consolidate its global position. Besides these, over the years Mr. Birla has acquired manufacturing plants in Canada, China, Indonesia, plantations in Laos, and mines in Australia, set up new plants in Egypt, Thailand and China. Alongside, he has expanded capacities in all of the Group's manufacturing units.
In India as well, he has made major acquisitions, the most notable being the Cement division of Larsen & Toubro, Indal from Alcan, Madura Garments from Coats Viyella and the Chlor Alkali division of Kanoria Chemicals.
Under his stewardship, the Aditya Birla Group enjoys a position of leadership in all the major sectors in which it operates. Over the years, Mr. Birla has built a highly successful meritocratic organisation, anchored by an extraordinary force of 136,000 employees belonging to 42 different nationalities.
In key responsible positions on various regulatory bodies
Mr. Birla has held and continues to hold several key positions on various regulatory and professional Boards. An erstwhile Director on the Central Board of Directors of the Reserve Bank of India, he was also Chairman of the Advisory Committee constituted by the Ministry of Company Affairs and served on The Prime Minister of India's Advisory Council on Trade and Industry.
As the Chairman of Securities and Exchange Board of India (SEBI) Committee on Corporate Governance, he authored the First Report on Corporate Governance titled "Report of the Kumar Mangalam Birla Committee on Corporate Governance". Its recommendations were path breaking and became the basis of corporate governance norms.
Furthermore, as the Convener of the Prime Minister's Task Force on Administrative and Legal Simplifications, the extensive recommendations made by him in his report, have been implemented in totality. Mr. Birla also served as Chairman of SEBI's committee on Insider Trading, which formulated Corporate Governance principles for Indian corporates.
He is on the National Council of the Confederation of Indian Industry and the Apex Advisory Council of the Associated Chambers of Commerce and Industry of India.
On the board of educational institutions
Mr. Birla is deeply engaged with educational institutions. He is the Chancellor of the renowned Birla Institute of Technology & Science (BITS), with campuses in Pilani, Goa, Hyderabad and Dubai.
He is a Director of the G. D. Birla Medical Research & Education Foundation.
He serves on the London Business School's Asia- Pacific Advisory Board and is an Honorary Fellow of the London Business School.
Accolades conferred on Mr. Birla
Mr. Birla has won recognition for his exemplary contribution to leadership processes and institution/systems building. A selective list:
- Chosen Economic Times’ Business Leader of the Year Award 2012-13 for the second time. His previous win was in 2003
- Forbes India Leadership Award – Flagship Award "Entrepreneur of the Year, 2012"
- 'Ranked the 3rd Most Powerful CEO (2012)' in the Economic Times' Corporate India's Definitive Power listing of 100 CEOs
- The Degree of Doctor of Science (Honoris Causa) in recognition of his role in "pioneering great Engineering products involving Multi-disciplinary Engineering thought processes in the Country" by the Visvesvaraya Technological University, Karnataka, 2012
- NASSCOM's 'Global Business Leader Award', 2012
- CNBC – TV18 India Business Leader Award 2012 for "Taking India Abroad"
- "GQ Business Leader of the Year Award - 2011" from Conde Nast India Pvt. Ltd., an affiliate of Conde Nast Global
- "CNN – IBN Indian of the Year 2010 – Business", "for being the most outstanding business person and making a success out of most businesses including the sunrise sector", 2010
- The All India Management Association's (AIMA), Managing India Awards "Business Leader of the Year", 2010
- "The AIMA – JRD Tata Corporate Leadership Award", 2008
- The Honorary Degree of Doctor of Science (Honoris Causa) in "recognition of his invaluable contribution in the field of Business Administration" by the G. D. Pant University of Agriculture & Technology, 2008
- "For the development of technology and also for the involvement in the field of industries in bringing the country at par with other countries in the field of industries", the SRM University in Tamil Nadu conferred the Degree of Doctor of Literature, 2008
- The Asia Pacific Global HR Excellence – "Exemplary Leader" Award, 2007
- "The Global Indian Leader of the Year" by NDTV Profit in their Business Leader Awards category, 2007
- The Lakshmipat Singhania – IIM, Lucknow "National Leadership Award, Business Leader", 2006
- Represented India at the Ernst & Young World Entrepreneur Award in Monte Carlo, Monaco in June 2006, where he was inducted as a "Member of the Ernst & Young World Entrepreneur of the Year Academy"
- "The Ernst & Young Entrepreneur of the Year" Award, 2005
- "Young Super Performer in the CEO Category" by Business Today, 2005
- Chosen by the World Economic Forum (Davos) as one of the "Young Global Leaders", 2004
- "The D. Litt (Honoris Causa) Degree" by The Banaras Hindu University, 2004
- "Honorary Fellowship" by the All India Management Association, 2004
- "The Business Leader of the Year", The Economic Times Awards for Corporate Excellence 2002-2003
- "Business Man of the Year-2003" by Business India
- The Rajiv Gandhi Award for "Business excellence and his contribution to the country" by the Mumbai Pradesh Youth Congress, 2001
- The National HRD Network, "The Outstanding Business Man of the Year", 2001
- The Institute of Directors' "Golden Peacock National Award for Business Leadership", 2001
- Hindustan Times', "The Businessman of the Year", 2001
- The Bombay Management Association – "The Management Man of the Year 1999-2000"
- "Among the 10 super Stars of Corporate Finance" – Global Finance, 1998
- "Among the top 10 of India's most admired and respected CEOs and the top CEO of the coming millennium", Business World, 1998
Beyond business: Reaching out to the marginalised sections of the society
A firm practitioner of the trusteeship concept, Mr. Birla has institutionalised the concept of caring and giving at the Aditya Birla Group. With his mandate, the Group is involved in meaningful welfare driven activities that distinctively impact the quality of life of the weaker sections of society, touching hundreds of villages that are among the poorest in India, Thailand, Indonesia, Philippines and Egypt.
In India, the Group is engaged in 3,000 villages, reaching out to seven million people annually and making a difference to their lives through meticulously conceived projects focusing on health care, education, sustainable livelihood, infrastructure and social causes. For instance, the Group runs 42 schools which provide quality education to 45,000 children. Of these, over 18,000 children receive free education. Additionally, over a 100,000 youngsters benefit from bridge educational programmes and vocational training. Its 18 hospitals tend to more than a million villagers. In line with the commitment to sustainable development, a partnership has been formed with the Columbia University in establishing the Columbia Global Centre's Earth Institute in Mumbai. To embed CSR as a way of life in organisations, the FICCI – Aditya Birla CSR Centre for Excellence was set up in Delhi.
A commerce graduate from the Mumbai University, Mr. Birla is a chartered accountant. He earned an MBA from the London Business School.
Born on June 14 th, 1967, in Kolkata, Mr. Birla was raised in Mumbai. Mr. Birla and his wife, Mrs. Neerja Birla, have three children, Ananyashree, Aryaman Vikram and Advaitesha.