|Profession(s)||Banker, Chartered Accountant, Business Executive|
|Famous For||First Indian woman to graduate from Harvard Business School|
|Physical Stats & More|
|Height (approx.)||in centimeters- 168 cm
in meters- 1.68 m
in feet & inches- 5’ 6”
|Career Highlights||• Till October 2015: Chairperson of HSBC Group of Companies in India
• May 2009 - 2011: Chairman of HSBC India, and Country Head and Group General Manager
• 2007: Chief Executive of HSBC India
• November 2002: Deputy Chief Executive Officer HSBC, and Vice Chairperson and Managing Director HSBC Securities and Capital Markets India Pvt. Ltd.
• 1994 - 2002: Vice Chairperson and Head Investment Banking, Morgan Stanley India and JM Morgan Stanley
• 1982 - 1994: Head of Investment Bank and Head of Global NRI Services, Anz Grindlays Bank Plc. (now Standard Chartered Bank)
• 1989 - 1991: Chief Manager and Head, Investment Bank, Anz Grindlays Bank Plc.
• 1987 - 1989: Manager North India of the Investment Bank, Anz Grindlays Bank Plc. in Delhi
• 1984 - 1987: Manager West India of the Investment Bank, Anz Grindlays Bank Plc. in Bombay (now Mumbai)
• 1977 - 1980: Price Waterhouse & Co.
|Mandates||• Chairperson, Max Financial Services Ltd.
• Commissioner and Chairperson, Advent Private Equity India Advisory Board
• Chairperson, HSBC Asset Management Pvt. Ltd. and HSBC InvestDirect Ltd., India
• Chairperson, City of London’s Advisory Council for India
• Non-Executive Director on the Board of Nestle SA, CIPLA, Larsen, Toubro, and Altico Capital Partners
• Independent Director, Narara Energy Limited (Formerly Essar Oil Limited)
• President, Federation of Indian Chambers of Commerce and Industry (FICCI), Water Mission, India
• President, Federation of Indian Chambers of Commerce and Industry (FICCI), Inclusive Governance Council
• Member, National Executive Committee of Confederation of Indian Industry (CII) and FICCI
• Vice President of the World Economic Forum’s Global Agenda Council on Water
• Global Advisor, Harvard Business School (USA) and Chairperson of its India Advisory Board
• National Advisory Board Member, AIESEC India
• Board member, HSBC Asia-Pacific
• Board member, The Aspen Institute, India
• Board member, NCAER (National Council of Applied Economics Research)
• Board member, NIBM (National Institute Bank Management)
• Board Member, Audit Advisory Board of the Comptroller and Auditor General of India
• Board member, Rajasthan State Planning Board
• Board member, Shakti Sustainable Energy Foundation
• Member, The Energy and Resources Institute (TERI) Governance Council
• Member, International Advisory Council, United Nations Environment Program (UNEP) Inquiry
• Member, India-Malaysia CEO Forum
• Member, BRICS Business Council, representing India
• Member, General Body of Bharat Rural Livelihood Foundation (BRLF)
• Member, India Advisory Board of the Prince Charles Charities
• Member, International Council for Women’s Business Leadership (ICWBL) created by Hillary Clinton
|Publications||• 2012: Contemporary Banking in India
• 2015: 30 Women in Power: Their Voices, Their Stories
• 2018: Survive Or Sink: An Action Agenda for Sanitation, Water, Pollution, and Green Finance
|Awards, Honours, Achievements||• 2017: Honoured with 'ICC Women Achievers Award in Business Excellence
• 2017: 'Best Independent Director Award' at the Asian Centre’s Leadership
• 2013: Awarded 'Women of the Decade Achievers Award for Excellence in Banking' by ASSOCHAM Ladies League’s Delhi
• 2007: Awarded Padma Shri by the Indian Government
• 2006: 12th in the Wall Street Journal and Financial Times 'Global Listing of Women to Watch'
• 2004: Ranked 34th in the list of 'World's Top 50 Businesswomen' by the Wall Street Journal
• 2003: Counted amongst the 'Top 50 Women in International Business'
• 2002: Selected as one of the 15 emerging 'Global Influentials' by Time magazine
• 2000 and 2001: Named the 'Third Most Powerful Businesswoman in Asia' by Fortune magazine
• Kidwai has repeatedly ranked in the Fortune global list of Top Women in Business
|Year of Birth||1957|
|Age (as of 2021)||64 Years|
|Hometown||Mumbai and Delhi|
|School||1968 - 1973: Loreto Convent, Shimla (Specialisation
in Science and Mathematics)
|College/University||• 1980 - 1982: Harvard Business School (HBS), Massachusetts, USA
• 1977 - 1980: Institute of Chartered Accountants, Delhi
• 1974 - 1977: Lady Shri Ram College, University of Delhi
|Educational Qualification(s) Nestle||• Master in Business Administration
• Chartered Accountancy
• Bachelor of Arts in Economics (Honors)
|Hobbies||Reading, watching movies (romance, drama, and historical), listening to Western and Indian classical music, bird-watching, hiking, trekking in the Himalayas, and wildlife photography|
|Controversy||Criticised for supporting accused in TERI sexual harrasment case: In 2016, Naina Lal Kidwai, one of the governing council members of The Energy and Resources Institute (TERI) was criticed by the sexual harassment survivor for her statement in support of the accused - TERI's top boss R.K. Pachauri. She claimed that there was a lot of support from female staff in Pachauri’s favour and the Institue's senior team had requested the ‘person under evaluation’ to return. The Quint|
|Relationships & More|
|Husband/Spouse||Rashid Khalid Kidwai (Passed away in 2021) (Founder of Grassroots Trading Network for Women NGO, former executive of ITC Limited)
|Parents||Father- Surinder Lall (former CEO of a leading insurance company)
Mother- Her mother is a homemaker.
|Children||Step-Son- Rumaan (Naina's husband's son from his previous marriage)
Daughter- Kemaya Kidwai (Works in a strategic consulting firm)
Sister- Nonita Lall Qureshi (Champion Amateur Golfer, Coach, Photographer)
|Colour||White, Beige, Black|
|Net Worth (approx.)||Rs. 170 crores Instagram - Knowelloworld|
Some Lesser Known Facts About Naina Lal Kidwai
- Naina Lal Kidwai is an Indian banker, chartered accountant and business executive. She is also a Padma Shri awardee.
- She is the former Chief Executive and Chairman of HSBC bank in India.
- Kidwai has many firsts to her name. She is the first Indian woman to graduate from Harvard Business School, the first woman to guide the functioning of a foreign bank in India, the first Indian female President of the Federation of Indian Chambers of Commerce and Industry (FICCI), and the first of three women to be employed by Price Waterhouse (now PricewaterhouseCoopers). Forbes
- The investment banker also actively works for water and environment conservation and has been associated with The Shakti Sustainable Energy Foundation and Global Commission on Economy and Climate.
- Naina’s maternal grandfather was Karam Chand Thapar who was the founder of the Thapar Group of companies. She revealed that she belonged to a very conventional North-Indian family and was the first woman in her family to work. Business Today
- According to Naina, she always took a keen interest in studies, and she had a passion for Mathematics and Accountancy. As a student, she was active in both studies and co-curricular activities. Naina used to be the topper of her class. She was also her class captain, house captain, and head girl of her school. Kidwai also served as the secretary and president of the student union at Lady Shri Ram College, during her bachelor’s. Mint
- After graduating from Harvard, Naina worked at ANZ Grindlays Bank in India (now Standard Chartered Bank) from 1982 to 1994. During her tenure, she served as the Head of Investment Bank, Head of Global NRI Services, and Head of Western India, Retail Bank. LinkedIn – Dr Vivek Bindra Talking about moving to India after her graduation, Kidwai said in an interview, Forbes
I am sure the deals I would have worked on in the US would have been bigger—in billions rather than millions—but in India, there were many firsts—listings of companies, new entrepreneurs and the start of privatisation.”
- After that, Naina moved to Morgan Stanley India and served as the Head of Investment Banking there. Under Kidwai, the JM Morgan Stanley became the most important investment bank in India. In 1999, it was managing corporate mergers worth nearly $700 million. Kidwai achieved a major feat of striking the bank’s joint venture (JV) with Nimesh Kampani’s JM Financial. Being an investment banker at JP Morgan, Naina also oversaw the NYSE listing of Wipro, raised funds for Infosys, and played a major role in forging the three-way JV between AT&T, Birla, and Tata to create an Idea Cellular. She also managed the IPOs of Maruti Udyog and Bharti Tele-Ventures. Business Standard
- Naina met her husband, Rashid Kidwai, in Delhi when she moved to the city as Head of Investment Banking for North India. Rashid was then the Regional Head of Clarion Advertising Services.
- In 2001, Kidwani’s daughter, Kemaya, who was 10 years old at the time, featured in filmmaker Mira Nair’s movie, “Monsoon Wedding,” as Aaliya Verma. Apparently, Mira Nair is Naina’s school friend. The Times of India
- She took over as the Chief Executive of HSBC India in 2007 and gradually became its Chairman in 2009. Two years later, she took charge as country head of India and oversaw all entities of the bank in India and the group’s global resourcing business, which comprised almost 12 per cent of the group’s global employee base. Forbes
- Under Kidwai’s stewardship, HSBC India embraced diversity in the workplace and became a gender-friendly organisation. Naina introduced initiatives like five-day weeks, flexi-hours, sabbaticals, paternity leave, extended maternity leave, after-hours classes on yoga, parenting, and salsa. DNA
- After a 13 year-long stint with the British lender and a banking career spanning over 35 years, Kidwai announced her retirement from the position of HSBC India’s Chairman and Executive Director on the board of HSBC Asia-Pacificon on 31 December 2015. Hindustan Times
- In 2015, Kidwai and her husband established the India Sanitation Coalition (ISC), an NGO that focuses on water, sanitation, and hygiene.
- The same year, the Chartered Accountant published her second book 30 Women in Power: Their Voices, Their Stories, which she said was inspired by the Nirbhaya incident in 2012. Deccan Herald
- One of India’s most influential investment bankers, Naina’s post-retirement plans include working with NGOs like the Water.org and Gates Foundation for sanitation, and Global Commission for the Economy and Climate plan to work more on energy efficiency. Firstpost MintShe said in an interview,
Having reached retirement age, it is time for me to move to different pursuits. I intend to spend more time in the areas of women empowerment and water and sanitation where I have been engaged over the last decade in different capacities.”
- When asked what legacy she would like to leave behind, Naina Lal Kidwai said, Forbes
I would like to have mentored a number of young people, particularly women, through their careers, inspired women to strive and achieve… and worked with those who are less privileged.”