MAY 2021 INDIA • BUSINESS ICONS FORBES INDIA A Special Marketing Presentation Digital Magazine DELIVERING DIGITAL JOURNEYS, INTEGRATING DISRUPTIVE TECHNOLOGIES PA DSS CERTIFIED COMBATTING FINANCIAL CRIME WITH REGTECH i-CORPORATE LIQUIDITY MANAGEMENT CORPORATE LIQUIDITY MANAGEMENT FOR CUSTOMER i-CUSTOMER INTELLIGENCE ANALYTICS ENHANCING CUSTOMER DELIGHT Call: +91 8591911911 • www.idbiintech.com • E: [email protected] Address: Ground Floor, Plot No. 39/40/41, Sector 11, CBD Belapur, Navi Mumbai 400614, Maharashtra, India OVERVIEW CONTENT ICONIC PERSONALITIES….. MAKING INDIA PROUD Individuals who have traversed through different journeys, succeeded to reach the pinnacle of success have one thing in 05 07 common – “to comprehend ideas that Surajit Roy, Jimmy K. Mody, were unique, out-of-the-box and Managing Director Spiritual Counsellor, eventually evolved as the game changers & CEO, IDBI Intech Ltd. Author & Public Speaker in the respective fields”. For these Business Icons, who were not born with the legacy they possess today, the road they chose was not an easy 9 11 option; as it was the one, they built and not followed. The greatest Business Icons Dr. Prafull S. Borkar, Zarine Manchanda, are not just about millions or trillions but Homeopathy Actor & Entrepreneur the fact that they could make a significant change in the society and make the world, a better place with their contributions. To acknowledge and to honour the rare 12 14 few of the Iconic Personalities, we bring to you the Business Icons who are Dr. Monica Jacob, Bhavin Shah, Director of Bodyz Founder “I.M. Possible trendsetters. They dared to dream, follow Wellness, India Training Solutions” their dreams, fight for them and eventually made them take shape and become a reality. 16 18 Ankur Bedi, Ali Yacoob Bham, Director, Business Managing Director, Development & Projects, Rangoon Chemicals Cold Steel Corporation Content Consultant : Aarti Notiyal Design Agency : halfglassfull Marketing : Castle Studio Pvt. Ltd. 20 22 All Rights Reserved © 2009 Forbes LLC, as to material published in the edition of Forbes Asia. Sneha Rakesh, Ashleysha Yesugade, Founder of Akarmaxs Director, AAY India All Rights Reserved. Tech Pvt Ltd Marketed By 23 24 Priya Shah, Uday Raj Mishra, Address: Shoppers point 512, 5th fl oor Matchmaker Director, Amar Polyfils S. V. Road andheri west mumbai 400058 Pvt. Ltd. Email: [email protected] Mobile: +919867301966 Website: www.castlestudio.org DISCLAIMER This book is a special marketing initiative of Castle Studio Pvt. Ltd. in partnership with Forbes India Marquee. While Castle Studio Pvt. Ltd. has taken utmost care to issue error free knowledge in the public domain, readers are advised to independently verify the claims made in the book. Castle Studio Pvt. Ltd. is not equipped to verify the claims made in the book and readers discretion is therefore recommended. Forbes India’s editorial team was not involved in this exercise” Forbes India Marquee - Business Icons 02 • DARE TO DREAM: DREAM TO DARE John D. Rockefeller Jr. once said that the secret of success is to do something common but do it uncommonly well. And this is probably what makes leaders of innovative businesses, Icons to be reckoned with. A leader is the one who creates revolution while being focused and dedicated, they are curious and believe that there is always room to learn and grow. Leaders know how to work in a team and never leave a man behind. Instead of making people work for them, they work with people, thus becoming an idol for their followers says Aarti Notiyal. Today’s day and age is far more who have the fate of the world in their And no Business Icon becomes competitive, markets are saturated, hands. It is not just about the money that successful without taking the plunge and economies are volatile and to be running a flows into the market but it is about the risking it. However, with power comes business, sustaining it and in fact taking it social, cultural and environmental impact responsibility and thus every time there is to newer heights is challenging and may that businesses have on the world. And for an avenue for risk-taking, there needs to not be everyone’s cup of tea. Businesses all of this a Business Icon needs to be be a lot of analysis and judgement. A don’t just take care of their clients but also compassionate, determined, patient and human being, while making personal have to look after their stakeholders, open-minded. Success is not an easy train decisions, even something as small as employees and policymakers. Important to catch and it is inspiring to see how what to cook for dinner, is almost to Business Icons is the quality is to these icons stood up against every frustrated at times because decision further, contribute to the society and make adversity and showed up with their best making can be a really taxing, especially an impact on young minds. And it is these self for their organization. These men and after going through a hard day of work. Business Icons, who take up the onus to women are game-changers, they dreamt Imagine being in that position every single manage it all and keep the functions of an idea, believed in it, invested their day and this time you aren’t just making a stabilised and running while also being faith in it and left no stone unturned to decision for yourself but rather for dynamic enough to adapt to changing ensure that the idea reaches out to the thousands and at times millions of people environments and disrupting markets. people it was made for. Their stories are who have either invested in your business Traffic lights will never be all green at the such that they may give one goosebumps. or are directly and indirectly affected by it. same time, the stars may never align all at The strength of these business heroes is once but a true Icon, makes their way THEY SAY THAT commendable but the one which will be through all the odds to emerge as nothing THE HIGHER THE remembered and cherished forever as it is but the best. RISK, THE GREATER not just known to the times, they live in but Business Icons are not just taking the THE REWARD. etched in history; for generations to follow. economy forward but they are the ones Forbes India Marquee - Business Icons 03 SURAJIT ROY Managing Director & CEO, IDBI Intech Ltd. In the many challenges brought on by the pandemic, clearly it is leadership that has made the difference to how organisations have progressed. Researchers from McKinsey’s Strategic and Corporate Finance Practice highlight how specific leadership traits have made a considerable difference to mitigate the challenges posed by the pandemic. Surajit Roy, Managing Director & CEO, IDBI Intech Ltd. n the many challenges brought on by move with more boldness and speed to a redefining of innovative Digital I the pandemic, clearly it is leadership than those hired from within an Solutions by integrating disruptive that has made the difference to how organisation. technologies with the evolving customer organisations have progressed. needs-leading to several customer wins. Researchers from McKinsey’s Strategic One such example of a new era leader is and Corporate Finance Practice highlight Surajit Roy, Managing Director and CEO IDBI Intech which was incorporated in the how specific leadership traits have made of IDBI Intech Ltd. Surajit was hired year 2000, is a technology-led business a considerable difference to mitigate the externally and since the time he has transformation company specialising in challenges posed by the pandemic. joined IDBI Intech , he has made multiple the Banking, Financial Services and bold moves to ensure business continuity Insurance industry. The company A CEO making bold moves was outlined amidst the ongoing pandemic. His leverages disruptive technologies to to be vital to achieving outstanding leadership has been manifested in his deliver business outcomes that digitally performance. As per the report, only one ability to be in sync with the evolving enable clients' business to stay relevant in 12 companies moved from an average needs of the customers and the market. and future-ready. An unique approach to performer to a top quintile performer over At the same time maintaining a digital transformation—one that is driven a ten-year period. It was found that while relationship of trust and confidence with by innovation, agility and a start-up making one or two bold moves more than the employees along with the highest mindset is brought to the table. The doubled the likelihood of making such a levels of integrity and ingenuity. His result: an enhanced ability to deliver shift; making three or more such moves leadership style is marked with the agility, value-led accelerated business outcomes increased the chances by six times. The adaptability and ability to proactively and a differentiated portfolio of products researchers had also observed that when assess business environments with an & services which are built on the a CEO is hired externally, he/she tends to innovative digital mind set. This has led knowledge acquired from working 05 closely with leading Banking, Financial Fintech Product and Digital Ecosystem level of governance to ensure customer Services and Insurance customers in across the BFSI landscape. Apart from delight. Over the next three years, Surajit India and abroad. This is further orchestrating seamless and efficient plans to transform IDBI Intech Ltd. into a enhanced by significant investments in business technology integration, this Blue Chip company and a global leader in the latest industry solutions for Banking has brought in meaningful real-time the Banking, Financial Services and personalized experiences and Insurance technology space. accelerated business outcomes for customers. Surajit brings a rich experience, working for over two decades with industry Understanding the Company’s legacy leaders, in the technology services and and its constant endeavour to innovate, products space and has successfully as a leader who possesses an evolved delivered technology-led business sense of leadership, Surajit constantly outcomes to customers across industries promotes a culture of collaboration, and geographies.