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One such personality who has done this multiple times over more than three decades in india and Asia is Ajay Srinivasan. His in-depth knowledge and expertise at building teams and institutions have helped multiple organizations achieve scale within a relatively short period. So, let us have a quick look at Ajay Srinivasanu2019s journey towards helping companies achieve exponential scale and financial success.
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Building companies from scratch or from a low base to something significant and material is a very different skill to building an organisation that has already reached a particular scale. It’s the difference between an architect and a maintenance engineer for instance. One such personality who has done this multiple times over more than three decades in india and Asia is Ajay Srinivasan. His in-depth knowledge and expertise at building teams and institutions have helped multiple organizations achieve scale within a relatively short period. So, let us have a quick look at Ajay Srinivasan’s journey towards helping companies achieve exponential scale and financial success.
Ajay Srinivasan’s Area Of Expertise: Ajay Srinivasan has extensive experience in the financial services industry. During his tenure as the Chief Executive Officer (CEO) of Aditya Birla Capital Limited, he brought about an enormous transformation to ABCL. Under his leadership, ABCL was transformed into a universal financial solutions provider ranked amongst the top 100 companies in India. As a mentor, Ajay offers valuable insights and guidance on different aspects of institution building like innovation, strategy and customer-centricity. He also has enormous experience in building teams from scratch and managing multiple business verticals. In fact being a CEO of CEOs which he has done requires a different level of expertise in working with senior, talented people. This expertise can help all organisations including startups to master the art of building a process and people-driven company with a collaborative mindset.
His Role In Helping ABCL Achieve Extraordinary Success: Ajay Srinivasan was aable to leverage the strong Aditya Birla brand to build extraordinary success. Srinivasan’s visionary leadership skills in the financial sector allowed him to take Aditya Birla Capital Limited to the position of being one of the largest known financial service players in India. The company was able to develop an extraordinary presence for itself in diverse fields like asset management, health and life insurance and broad based lending. In FY22, ( pls check if 21 or 22) under Ajay Srinivasan’s leadership, ABCL recorded a turnover of over INR 20,000 crore. The company’s profit before tax was over INR 2,000 crore. It also recorded assets under management of over INR 3,35,000 crore, an insurance premium of INR 11,076 crore, and a lending book of INR 60,000 crore. The company has the trust of over 24 million active customers. It has a workforce of over 22,500 people.
Ajay’s Journey Through The Years: Prior to the his stint at ABCL, Ajay has held several senior leadership roles in different global financial companies. He started his career with ICICI. He was the first CEO of the joint venture between ICICI and Prudential in Asset Management in India. After that, he held various leadership roles and built himself a track record of setting up and scaling multiple businesses. Throughout his career, he has helped build strong teams. He has also built businesses from scratch not just in India but across Asia.
