Naina Lal Kidwai

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Naina Lal Kidwai is an Indian banker, chartered accountant and business executive. She is also a Padma Shri awardee.She is the former Chief Executive and Chairman of HSBC bank in India.Kidwai has many firsts to her name. She is the first Indian woman to graduate from Harvard Business School, the first woman to guide the functioning of a foreign bank in India, the first Indian female President of the Federation of Indian Chambers of Commerce and Industry (FICCI), and the first of three women to be employed by Price Waterhouse (now PricewaterhouseCoopers). [4]Forbes.The investment banker also actively works for water and environment conservation and has been associated with The Shakti Sustainable Energy Foundation and Global Commission on Economy and Climate.Nainas maternal grandfather was Karam Chand Thapar who was the founder of the Thapar Group of companies. She revealed that she belonged to a very conventional North-Indian family and was the first woman in her family to work. [5]Business Today.According to Naina, she always took a keen interest in studies, and she had a passion for Mathematics and Accountancy. As a student, she was active in both studies and co-curricular activities. Naina used to be the topper of her class. She was also her class captain, house captain, and head girl of her school. Kidwai also served as the secretary and president of the student union at Lady Shri Ram College, during her bachelors. [6]Mint Naina Lal Kidwai during her college days.After graduating from Harvard, Naina worked at ANZ Grindlays Bank in India (now Standard Chartered Bank) from 1982 to 1994. During her tenure, she served as the Head of Investment Bank, Head of Global NRI Services, and Head of Western India, Retail Bank. [7]LinkedIn Dr Vivek Bindra Talking about moving to India after her graduation, Kidwai said in an interview, [8]Forbes I am sure the deals I would have worked on in the US would have been biggerin billions rather than millionsbut in India, there were many firstslistings of companies, new entrepreneurs and the start of privatisation..After that, Naina moved to Morgan Stanley India and served as the Head of Investment Banking there. Under Kidwai, the JM Morgan Stanley became the most important investment bank in India. In 1999, it was managing corporate mergers worth nearly $700 million. Kidwai achieved a major feat of striking the banks joint venture (JV) with Nimesh Kampanis JM Financial. Being an investment banker at JP Morgan, Naina also oversaw the NYSE listing of Wipro, raised funds for Infosys, and played a major role in forging the three-way JV between AT&T, Birla, and Tata to create an Idea Cellular. She also managed the IPOs of Maruti Udyog and Bharti Tele-Ventures. [9]Business Standard.Naina met her husband, Rashid Kidwai, in Delhi when she moved to the city as Head of Investment Banking for North India. Rashid was then the Regional Head of Clarion Advertising Services.In 2001, Kidwanis daughter, Kemaya, who was 10 years old at the time, featured in filmmaker Mira Nairs movie, Monsoon Wedding, as Aaliya Verma. Apparently, Mira Nair is Nainas school friend. [10]The Times of India.