Bringing people together to accelerate growth and well-being in emerging markets Global Meeting of the Emerging Markets Forum Participants Profile June 23 - 25, 2009 Mumbai, India Contents Participants’ Profiles 3 Shankar Acharya 33 Shekhar Gupta 4 Vijay Advani 34 Toyoo Gyohten 5 Nitin Afzulpurkar 35 Shuichi Hosoda 6 Reena Aggarwal 36 Yasheng Huang 7 Montek Singh Ahluwalia 37 Ishrat Husain 8 Taimur Ahmad 38 Said Irandoust 9 Cyrus Ardalan 39 Bimal Jalan 10 John Barton-Bridges 40 Alejandro Jara 11 Suman Bery 41 Rolf Jeker 12 Varun Bery 42 Samuel Jonah 13 Surjit Bhalla 43 Gautam Kaji 14 Uday Bhansali 44 Suneel Kaji 15 Manu Bhaskaran 45 Baba Kalyani 16 Jack T. Boorman 46 Rajan Kashyap 17 Jorge Castañeda 47 Lesetja Kganyago 18 Gunit Chadha 48 Homi Kharas 19 Roberto De Ocampo 49 Caio Koch-Weser 20 V.V. Desai 50 Harinder Kohli 21 Bharat Doshi 51 Tadashi Kondo 22 Rajeev Dubey 52 Hidehiro Konno 23 Vicente Fox 53 Manjeet Kripalani 24 Richard Frank 54 Vivek Kudva 25 Sugata Ghosh 55 Haruhiko Kuroda 26 Adi Godrej 56 Rajiv Lall 27 J.N. Godrej 57 Bindu Lohani 28 Vinod Goel 58 Srinivasa Madhur 29 Manuel Gonzalez 59 Keshub Mahindra 30 G.R. Gopinath 60 Manuel Marfan 31 Shyamala Gopinath 61 R.A. Mashelkar 32 Colin Grassie 62 Rajiv Memani 1 Contents Participants’ Profiles 63 Jayant Menon 93 Onne Van Der Weijde 64 Carlos Mesa 94 Ashutosh Varshney 65 Narendra Modi 95 C.M. Vasudev 66 Zia Mody 96 Michael Walton 67 Kalpana Morparia 97 Hiroshi Watanabe 68 Rajat Nag 98 Martin Wolf 69 Arun Nanda 99 Arshad Zakaria 70 Jayprakash Narayan 71 Sanjay Nayar Observers 72 Nitin Paranjpe 100 Sanjeev Jayasinghe 73 Deepak Parekh 101 Hiroshi Kurihara 74 Praful Patel 102 Hiromichi Miyamoto 75 Suresh P. Prabhu 103 Shin Oya 76 Leo Puri 104 Chetan Savla 77 Fidel V. Ramos 105 Rajeev Suneja 78 Hossein Razavi 106 Priya Shetty 79 Marta Sahagún 80 Deepa Sankaran Staff 81 Henny Sender 107 Ritwick Ghosh 82 Ashok Sharma 107 Charlotte Hess 83 Shankar Sharma 108 Harpaul Kohli 84 Arun Shourie 109 Venkataraman KV 85 Cyril Shroff 109 Ravi Muthreja 86 Anil Sood 110 Sylvie Naville 87 B.N. Srikrishna 110 Parminder Panesar 88 Surendra Srivastava 111 Sumithra Rajendra 89 Inder Sud 111 Manju Sood 90 Vinod Thomas 112 Yan Bei Yao 91 Sanjay Ubale 92 Bahram N. Vakil 2 Shankar Acharya is one of India‘s leading policy economists. As Chief Economic Adviser to the Government of India (1993-2001) he was deeply involved in the economic reforms of the 1990s. He also served on the Securities and Exchange Board of India (SEBI), 1997-2000, and, more recently, as a member of the Prime Minister‘s Economic Advisory Council (2001-2003) and Member, Twelfth Finance Commission (2004). Earlier, 1971-82, he worked in the World Bank, where he led the World Development Report team for 1979 and was Research Adviser to the World Bank, 1979-82. He was Economic Adviser, Ministry of Finance, 1985-90. He has authored six books and numerous scholarly articles in academic journals. His three most recent books are Essays on Macroeconomic Policy and Growth in India (2006, Oxford University Press, Delhi), Can India Grow without Bharat ? (2007, Academic Foundation, Delhi) and Shankar Acharya India and Global Crisis (2009, Academic Foundation, Delhi). Forthcoming Chairman, is a volume edited with Rakesh Mohan, India’s Economy: the Challenges Kotak Mahindra Bank; Ahead (2009, Oxford University Press, Delhi). Former Chief Economic Adviser to the Government Currently he is Honorary Professor and Board Member of the Indian of India Council for Research on International Economic Relations (ICRIER). He also India serves on the governing boards of other national research organizations (including the National Institute of Public Finance and Policy) and various advisory bodies of Government (eg. the National Security Advisory Board), the Reserve Bank (the Advisory Committee on Monetary Policy) and some corporates. He is non-executive Chairman of Kotak Mahindra Bank. He writes regularly in the Business Standard and is a consultant to international organizations. Dr. Acharya has a Ph.D (1972) from Harvard University and a B.A.(1967) from Oxford. 3 Vijay C. Advani is Executive Vice President of Global Advisory Services. He is responsible for Franklin Templeton‘s global retail and institutional distribution strategies and initiatives, including sales, marketing, client service and product development. He is an Officer of Franklin Resources, Inc., a member of several Franklin Templeton Committees and a board member of various Franklin Templeton subsidiaries. Mr. Advani joined the Templeton organization in 1995 as the President of Templeton Asset Management (India) Pvt. Ltd., in Mumbai (Bombay). In 2000, he moved to Singapore as the Regional Managing Director, Product Development, Sales & Marketing for Asia, Eastern Europe, and Africa. In 2002, he relocated to California and was appointed Executive Managing Director of International Retail Development. In 2005, he Vijay Advani took responsibilities for global retail distribution and in 2008 assumed Executive Vice President, his current role. Prior to joining Franklin Resources, Mr. Advani worked at Global Advisory Services the World Bank Group in Washington, DC. His primary responsibility was Franklin Templeton providing advisory and technical assistance to government authorities Investments on the development of securities and financial markets; structuring, establishing, and financing specialised financial institutions; and India mobilising equity, quasi-equity, and debt financing. He worked in several emerging economies in the former Soviet Union, Asia, Middle East, and Africa. Mr. Advani received an MBA from the University of Massachusetts, Amherst, where he graduated as a Foreign Student Scholar and a Bachelor’s Degree in Accounting and Finance from the University of Bombay (now the University of Mumbai), India. Mr. Advani is a board member of Lok Foundation, Jumpstart and the Center for the Advanced Study of India (CASI) at the University of Pennsylvania. He is also a committee member of Mayor Newsom‘s San Francisco – Bangalore Sister City Project. 4 Education Ph.D. in Mechanical Engineering (Robotics), Canterbury University, New Zealand, 1990 B.E. in Mechanical Engineering, University of Pune, India, 1981. Research Interests Computer vision (pattern recognition and image processing) MEMS design, fabrication for electronic and bio medical applications Soft computing algorithms for robotics and automation applications Mechatronics applications for industrial use. Awards and Honors DAAAM International Award at the 16th International Danube Adria Association for Automation and Manufacturing (DAAAM) Symposium on Nitin Afzulpurkar Intelligent Manufacturing & Automation, “A Computer Vision System for Associate Professor and Rice Kernel Quality Evaluation”, October 2005, Croatia, ISSN 1726-9679. Dean, Asian Institute of Technology Best Paper Award at the 12th International Danube Adria Association Thailand for Automation and Manufacturing (DAAAM) Symposium on Intelligent Manufacturing & Automation, Germany, 2001 for the paper “Decision Support System Using Knowledge Base for the Electronics Industry. Best Paper Award by New Zealand Electronics Institute Wellington, New Zealand, 1989 for the paper “Application of Parallel Link Mechanism for Satellite Tracking System“, NELCON conf. pp. 192-197, September, 1989. 5 Dr. Reena Aggarwal is the Robert Emmet Professor of Business Administration and Professor of Finance at Georgetown University’s McDonough School of Business, where she has been a faculty member for more than 20 years. Her research focuses on financial markets, market regulation, initial public offerings, and corporate governance. She has been listed among “Outstanding Faculty” in the Business Week Guide to the Best Business Schools. She was awarded the Faculty Research Award in 2000 and in 1999 from Georgetown’s McDonough School of Business. In 2003 she received the Allan N. Nash Distinguished Doctoral Graduate Award, University of Maryland. Her work has been published widely in academic journals, including the Journal of Finance, Journal of Financial Economics, Review of Reena Aggarwal Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Robert E. McDonough Banking and Finance, Financial Management, Journal of Applied Corporate Professor of Business Finance, and the Journal of Portfolio Management. Administration & Professor of Finance, McDonough In addition to teaching, Aggarwal has served as Interim Dean and Deputy School of Business Dean of Georgetown’s McDonough School of Business. She also has been Georgetown University a visiting professor of finance at MIT’s Sloan School of Management, a FINRA Academic Fellow, an Academic Fellow at the U.S. Securities and United States Exchange Commission, a visiting research scholar at the International Monetary Fund, and a Fulbright Scholar to Brazil and Chile. She has worked on major consulting projects sponsored by Credit Suisse, Wachovia, Wilmer Cutler Pickering Hale and Dorr, NERA Economic Research, the World Bank, IMF, IFC, IDB, The NASDAQ Stock Market, United Nations, U.S. Small Business Administration, and U.S. AID among others. She has also served as an advisor to several countries on issues of privatization, market structure, and regulation. Her research and comments have been cited in the Wall Street Journal, Washington Post, Financial Times, Business Week, Los Angeles Times, Chicago Tribune, CNN International, CNBC and Forbes among other outlets. Aggarwal received a Ph.D. in finance from the University