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Full Name: Ajay Piramal
Born: 3 August 1955; Bagar, Jhunjhunu, Rajasthan, India
Nationality: Indian
Education: Master’s Degree in management studies – University of Mumbai; Bachelor’s degree in Science from the Jai Hind College and Basantsingh Institute of Science
Occupation: Businessman – Chairman of Piramal Group and Shriram Group
He serves as the Chairman of Piramal Diagnostic Services Pvt. Ltd. He served as the Chairman of Morarjee Textiles Limited (formerly, Morarjee Brembana Ltd) until June 8, 2006. He served as the Chairman of Peninsula Land Limited until May 5, 2006. He serves as an Executive Director of Piramal Healthcare Ltd. He serves as a Director of NPIL Fininvest Pvt. Ltd., and Allergan India Limited. He has been Director of Gujarat Glass Pvt. Ltd since February 6, 1998. He has been an Independent Director of D B Corp. Limited since November 28, 2007.
He served as a Director of State Bank of India from September 1, 2001 to September 1, 2007. He was a Member of the various forums such as the Prime Mainister’s Task Force on Pharmaceuticals and Knowledge based Industries. He is a reputed Industrialist. Mr. Piramal holds B.Sc. (Hons.), Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies and Advanced Management Programme from Harvard Business School, USA. He is an honours graduate in Science from Bombay University.
Board of Directors Memberships:
- Chairman, Piramal Group
- Chairman, Shriram Group
- Non-Executive Director, Tata Sons Ltd
- Member, Board of Dean’s Advisors, Harvard Business School
- President and Chairman of the Governing Body, Anant National University
- Chairman, Pratham Education Foundation
- Member of National Council of Confederation of the Indian Industry (CII)
- Co-Chair, UK-India CEO Forum
- Member of the Honorable Prime Minister’s Council for Trade & Industry and the Board of Trade constituted by the Ministry of Commerce
- Member of the Honorable Prime Minister’s Task Force on Pharmaceuticals and Knowledge-Based Industries
- Member, Central Board of State Bank of India
- Invitee to the World Economic Forum for the last 20 years
- Former Chairman, Indian Institute of Technology, Indore
Ajay Piramal: Awards and honors
- Business Leader of the Year Award, 2018, International Advertising Association Leadership Awards
- Special Achievement Award, Asia Pacific Entrepreneurship Awards (APEA) 2018
- CNBC Asia’s India Business Leader of the Year Award, 2018
- CNBC Asia Business Leader of the Year Award, 2017
- Corporate Citizen of the Year award by AIMA Managing India Awards in 2016
- SEN Sustainability Award – Philanthropy and Best of Best – instituted by World Presidents’ Organisation (2015)
- Business Leader of the Year 2015, by Indo-American Chamber of Commerce
- Outstanding Philanthropist 2013 and 2014, Forbes Philanthropy Awards
- Kriyasheel Global Achievers Award (2010)
- India Innovator of the Year 2008 awarded by CNBC TV 18
- Entrepreneur of the Year’ Award of UK Trade and Investment Council in 2006
- Ernst & Young’s Entrepreneur of the Year Award in the Healthcare and Life Sciences category in 2004
- Business Leader Award” in Pharma Sector at the CHEMTECH PHARMABIO AWARD (2004);
- Life Time Achievement Award” by The Rotary Club of Mumbai Mid-Town (2004)
- Global Leader of Tomorrow by the World Economic Forum (2004)
- Rotary International (District 3140) Certificate of Appreciation and “Four Way Test Award” in 2001
- CEO of the Year Award’ by World Strategy Forum (1999)
In December 2018, his son married Isha Ambani, daughter of the world’s 19th wealthiest person at that time. The wedding cost was estimated at up to $100 million, making it the one of the 5 most expensive weddings in history. Many international artists from Hollywood and Bollywood either performed or were guests, including Shahrukh Khan, Salman Khan, Alia Bhatt, Beyonce, Aishwarya Rai and Amitabh Bachchan.
