Mumbai: Vellayan Subbiah, chairman of Cholamandalam Finance and govt vice-chairman of Tube Investments of India, has been named the EY Entrepreneur of the 12 months 2023.
Subbiah was chosen because the winner for his daring methods to remodel current companies whereas seizing new alternatives by acquisitions and diversification, which not solely helped him develop his group firms to unprecedented scale but in addition created 4 occasions improve in shareholder worth in simply three years, as per a press assertion from EY.
He was chosen by a nine-member impartial jury led by Okay.V. Kamath, the previous chairman of ICICI Financial institution.
Venu Srinivasan, the chairman emeritus of TVS Motor Co., was conferred with the 2023 Lifetime Achievement Award in recognition for his a long time of efficiency main the corporate and his contributions to the two-wheeler trade in India.
In the meantime, Natarajan Chandrasekaran, the chairman of Tata Sons, was conferred with a Particular Jury Award for his management of the Tata group and his contributions to nation-building, as per the press assertion. “His daring methods of strengthening the core companies, enabling group synergies, specializing in scale whereas creating a powerful and empowered group have bolstered the Group’s market place and doubled its market capitalization from US$170 billion to an astounding US$365 billion,” the assertion learn.
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Printed: 23 Feb 2024, 11:47 PM IST
