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Tuesday, July 26, 2011

Not mangoes, not spices, not tea, not textiles. India’s biggest export is its CEOs


What on earth did the Banga brothers' mother feed them for breakfast? Whatever it was, it worked: Vindi Banga grew up to become a top executive at the food and personal-care giant Unilever, then a partner at the private-equity firm Clayton, Dubilier & Rice. His younger brother Ajay, after heading Citigroup's Asian operations, was last year named CEO of MasterCard — all without a degree from a Western business school and without abandoning his Sikh turban. When Ajay took over at the credit-card company's suburban — New York City headquarters, the Times of India crowed that he was the first "entirely India-minted executive" at a multinational's helm. 

The brothers laugh when asked for their mother's breakfast menu, deflecting suggestions that they were raised by a Bengal-tiger mom. Instead, they cite an itinerant childhood as a key ingredient in their success. The sons of a lieutenant general in the Indian army, they moved to a new posting every couple of years — perfect training, it turns out, for global executives facing new markets and uncertain conditions. "You had to adapt to new friends, new places," recalls Vindi. "You had to create your ecosystem wherever you went."
Carla Power in Time Magazine. Here

1 comment:

gexhouse2 said...

pakistan is very rich in terms of producing mangoes.

Mango exporter
Sindhri mango exporter

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