1 KMA Annual Report 2019 - 2020 Management House, Panampilly Nagar,Cochin-682036 Mob: 9072775588, Ph : 0484- 4044367, 2317917,2317966 Email : [email protected] 2 KMA Annual Report 2019 - 2020 62nd ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31-03-2020 3 KMA Annual Report 2019 - 2020 KERALA MANAGEMENT ASSOCIATION Management House, Panampilly Nagar, Cochin-682 036 Phone: 2317966, 2317917 E-Mai: [email protected] Web: www.kma.org.in 24th September 2020 NOTICE TO MEMBERS NOTICE is hereby given that the 62nd Annual General Meeting of the Kerala Management Association will be held on Friday, the 9th October 2020 at 6.00 p.m. Due to the existing pandemic conditions the AGM will be a virtual meeting on a licensed zoom platform to transact the following business. 1. To consider the Minutes of the 61st Annual General Meeting held on 19th July 2019. 2. To consider the Minutes of the First Extra-ordinary General Meeting held on 19th June 2020. 3. To consider the Minutes of the Second Extra-ordinary General Meeting held on 11th September 2020. 4. To consider and adopt the Audited Statement of Accounts and the Annual Report for the financial year 2019-2020. 5. To appoint Auditors for the financial year 2020-21. 6. Declaration of results of election of Members to the Managing Committee for 2020-21 & 2021-22 7. To consider any resolution that may be proposed by a member as per Clause 18 (c) of the bylaw of the Association with the permission of the Chair. Members are requested to click on the link provided in the mail to view the Annual Report and Accounts for the period 2019-20. Digital AGM Meeting ID and Password will be informed to you separately. For and on behalf of the Managing Committee KERALA MANAGEMENT ASSOCIATION Bibu Punnooran Honorary Secretary 4 KMA Annual Report 2019 - 2020 President’s Message My dear KMA Members, The year 2020 has brought monumental changes that have already included a global pandemic and we are reminded that we live in a constantly changing world. We must be ready to listen and adapt, always drawing upon our core values of service, integrity, and leadership. If we live these values and apply it to all aspects of our lives, we will be prepared to lead at all times. A small virus has taught us so many lessons and we all are ready to adopt so many New Normals, is it? Thank GOD, we are still alive!!... I am proud of how we have proven our ability to adapt during the most unexpected challenging times with innovative programs keeping the KMA flag flying high. Faced with the pandemic, KMA has not stopped. We moved meetings online and found new ways to survive. KMA has been continuously engaged in organising online lecture sessions during the last five months on its licensed Zoom platform as part of “LeaderTalks” sessions including Panel Discussions by renowned Corporate Leaders, Ministers, Members of Indian Parliament, Senior IAS officers, Banking Experts and Business Honchos to share their thoughts to instil confidence in the minds of our Businessmen and Professionals on how to face these troubled times and to remain positive in the face of adversities. It is very evident that the aftermath of covid is going to be a survival & revival era. The Curtain raiser event of KMA activities for the year 2019-20 was inaugurated by Mr Suseel Kumar, Managing Director of Life Insurance Corporation of India and after that in these 15 months we have been conducting programs back to back to make the year a memorable and outstanding one. The details of activities are reported in this book by our Hon. Secretary Mr.Bibu Punnooran. This year’s inauguration ceremony of our flagship event Annual National Management Convention was a dream come true moment for me, it was long cherished dream to have Mr.Sunil Kant Munjal, Corporate India’s one of the most respected Businessman and the Chairman of Hero Group to inaugurate the biggest event of our calendar. We were also fortunate to participate in the release of his book “The Making of Hero”. He had accepted our invitation and came to KMA irrespective of the last minute rejection of the permission for his private jet to land at Naval Airport..he said, I will definitely come somehow...and he made it....his jet landed at Coimbatore Airport and came in a Chopper to Fisheries College ground Panangad and reached Le Meridian at 4.45 pm to inaugurate the 39th Annual National Management Convention of KMA at 5pm and left by 7.15 pm after an amazing address with his words of wisdom and showed the real leadership and great dedication to keep up his commitment, no words to express our gratitude....we salute you Sir. Convention theme was Reimagining Management- Resurgence Ahead. In this era of economic slowdown, unemployment, we are also vouching that ‘India is growing young’; it is one of the fastest growing economies of the world, it has one of the largest markets in the world and it has the demographic dividend. In comparison to the global powers, India is turning out to be a young nation with an average age of the citizen around 29 years in which close to sixty percent is below 25 years! The population of youth in India almost equals the population of the European Continent!. A big thanks to SVP & Convention Chairman Mr.Madhav Chandran, Past Presidents Mr.S R Nair, Mr.S Rajmohan Nair and Mr.Prasad Panicker for standing beside me as my pillars of strength, all my EC & MC members, our Hon. Secretary Mr.Bibu Punnooran, to various Committee Chairmen and Chairpersons, all sponsors especially LIC for the presenting partnership, all media, my friends and to my Secretariat staff for all the support and strength. I am extremely happy that I personally have been enriched by the practical wisdom of many Corporate Chiefs by closely working with them for our Annual Convention and AIMA Council meetings. I profusely thank Mr.Sanjay Kirloskar, Chairman and MD of Kirloskar Group and the President of AIMA for all the support and his presence 5 KMA Annual Report 2019 - 2020 along with the Director General of AIMA Ms.Rekha Sethi for our CEO Conclave. It’s truly been an incredible year. And I want to remember the people especially near and dear to my heart — our Past Presidents, my team of Managing Committee Members and my good critics, I really enjoyed working with all of you. When it comes to changing the world, age means very little. What does matter is the size of your dreams. We’ve become so used to telling young people to be practical, think about your future, and look to us as role models. What we really should be telling them, and ourselves, is to take your dreams and nurture them. Grow them. Dream bigger. There is no such thing as the impossible dream for anybody. I encourage all of you to think of a way that you can leave your mark on your profession and the world. Think of what you have heard this week — and the people you’ve met eager to partner with you — and don’t be afraid to dream big. Because big dreams are for everyone with the courage to lead. My tenure as president of KMA is coming to an end, but my commitment to this amazing organization and the work we do will go on. And the good news for me is that I get to continue the relationship with so many more friends than when I started. Thank you for the amazing support you have given to me and my team this year, and thank you for your remarkable response towards all KMA initiatives and for everything you are doing to make the experience in our association exceptional, and for making the world a better place. I hope you have been enriched, energised, motivated, informed & inspired this year, and I request you to continue the support which you have been rendering to KMA and to the fraternity as a whole. Thanking you all, Yours truly, Jibu Paul President-KMA 6 KMA Annual Report 2019 - 2020 7 KMA Annual Report 2019 - 2020 MANAGING COMMITTEE MEMBERS 2019-20 President : Mr. Jibu Paul CEO & Brand Strategist BrandBrains Ladlee Towers 32/324, Thammanam PO Cochin-682 032 Senior Vice President : Mr. R. Madhav Chandran Founder Director & Mentor Cyberland Group of Companies Engineers Towers Manikkathu Cross Road Jn. Ravipuram, Cochin-682 016 Vice President : Ms. L. Nirmala CEO, Infinity Hospitality Services 31/1039A(1), Bhuwaneswari Road Ponnurunni, Vyttila Cochin-682 019 Honorary Secretary : Mr. Bibu Punnooran Director Medivision Group of Companies Sreekandath Road Ravipuram Cochin-682 016 Honorary Joint Secretary : Mr. Johnson Mathew Senior Vice President – HR Synthite Industries Pvt. Ltd Corporate House Kadayiruppu, Kolencherry Cochin-682 311 Honorary Treasurer : Mr. Jomon K George Chief Executive Partner JVR & Associates Chartered Accountants Wilmont Park Business Center Opp: St. George Church Pallimukku, Cochin-682 016 Immediate Past President : Mr. Dinesh P. Thampi Vice President & Delivery Center Head - Kerala Tata Consultancy Services Vismaya, Infopark, Kusumagiri, Kakkanad Cochin-682 030 8 KMA Annual Report 2019 - 2020 Members : Mr. V. George Antony Executive Vice Chairman Unimoni Financial Services Ltd HABIB Towers, Opp: College Ground M.G.Road, Cochin-682 011 : Mr. A. Balakrishnan Executive Director Geojit Financial Services Ltd 34/659 - P, Civil Line Road Padivattom, Cochin-682 024 : Mr. C.S. Kartha Managing Partner Kartha Shipping Solutions JJRA No.9, Junior Janatha Road Vyttila, Cochin-682 019 : Mr. Deepak L.