Distinguished Alumnus Award


    Suresh holds a PhD and M.S. in Finance from the Graduate School of Industrial Administration, Carnegie-Mellon University, a PGDM from IIM Calcutta and a B.E. (Honours) in Mechanical Engineering from University of Madras. He started his academic career as a Faculty member at the Administrative Staff College of India  and now holds the prestigious position of ‘Chase Manhattan Bank Professor of   Economics and Finance’ in Columbia University, USA.

    Suresh’s extensive research and studies on Economics and Finance have been widely published in journals of international repute. He has been the Associate  Editor for the ‘Journal of Finance’, ‘Review of Derivatives Research’ and  ‘Management Science’ and has also published two books: ‘Fixed-Income Markets  and Their Derivatives’ and ‘Microfinance: Emerging Trends and Challenges’.

    Suresh has received the prestigious Dean’s award for Curriculum Design at the Columbia Business School for ‘Advanced Derivatives’ and ‘Debt Markets’. He is the only academician to have served as a member of the Bond Markets Advisory Committee to the U.S Treasury. He also held the honour of being the Resident Scholar at the Federal Reserve Bank of New York. Suresh has been a visiting scholar at the IMF and during his illustrious career he has served as a Coordinator for the World Bank programme in Asset Liability Management for Developing countries.

    As a means of giving back to society, Suresh serves as member on the Board of Microlumbia which is a student run organization that raises money for giving pro-bono advice and loans to poor women all over the world. Suresh has always responded to calls from his alma mater. He has participated in various lecture and conference organized by IIM Calcutta. Suresh presently serves as a member on the Advisory Board of the Financial Research and Trading Laboratories at IIM Calcutta

    Suresh Mahadevan Sundaresan receiving his award


    Srivatsan graduated from IIMC in 1986 and was awarded the B S Dua medal for Leadership. Later, while doing his MBA at Wharton School of Business he was a  Palmer Scholar for his outstanding academic performance and has served as a  member of the Dean’s Graduate Student Advisory Council.

    Srivatsan was one of the founding partners of Bain and Company in India. Bain India, under his mentorship, has grown to over 300 employees, making it one of the  most successful and fastest growing offices in Bain & Company’s history.

    Over the years Srivatsan has acquired vast experience and expertise in consulting  services and has played a pivotal role in each of the 122 projects he has been  associated with across a wide breadth of industries involving diverse capabilities.  He has also been responsible for creation and execution of turnaround strategies for multiple diversified companies.

    As member of a Planning Commission Committee on Angel Investing and Venture Capital, Srivatsan had suggested policy changes necessary to promote entrepreneurship in India. He has also served as member of a similar committee of CII.

    In 2007, he led a pro bono effort for the Clinton Foundation and National Aids Control Organization and developed a plan to set up a post graduate institute of nursing specialized in the care of HIV patients. He has also instituted ‘Prayas’ , the social initiative arm of Bain India,which regularly collaborates with various NGOs and focuses on Child education.

    Srivatsan has always been a key promoter of IIM Calcutta within Bain & Company and outside. He has given generous support to his alma mater by being instrumental in ensuring that Bain & Company is a regular recruiter in IIMC. His role as a mentor to provide career advice has immensely benefitted our students.

    Srivatsan Rajan receiving his award


    Patanjali Keswani started his career with the Tata Administrative Services upon graduation from IIMC in 1983 and after 15 years, rose to the top as the Senior Vice President and Chief Operating Officer in the Taj Group of Hotels.

    He started Lemon Tree Hotels in 2002. He pioneered the concept of the mid-market hotel segment and created this ‘low cost carrier’ equivalent of the hotel industry in India. As a transformative entrepreneur, he conceived and implemented a disruptive market innovation in providing high-quality yet affordable services in the Indian hotel industry.

    Patanjali’s extra ordinary achievements have been recognized repeatedly and he has received many awards like the ‘Best Employer-National Award 2011’ by the Ministry of Social Justice and Empowerment, Govt. of India and the ‘Hall of Fame Award’ in 2011 from FHRAI (Federation of Hotels and Restaurant Associations of India).As a philanthropist, Patanjali believes that wealth creation without spreading its benefit to the underprivileged in the society is “capitalism without conscience”.

    Thus, he has worked to ameliorate the plight of the physically disabled in Indian society by hiring at least 5% of his employees from this less fortunate segment of society. This initiative has drawn special mention from international personalities such as Lord Nicholas Stern of the London School of Economics and Sir David King, the former Chief Scientist of the UK Government at the Club of Rome International Conference in New Delhi in 2011.He was also honoured with the ‘MPhasis Universal Design Award, 2011’by the National Centre for Promotion of Employment for Disabled People.

    He has promoted two companies in recent years – one in the affordable housing sector and the other in the vocational education space as he firmly believes that business should be both commercially viable and socially responsible.

    Patanjali G. Keswani receiving his award


    Kirit Modi started Horizon Packs Group (HPG) in 1991 with a vision to establish a modern pan-India manufacturing company for packaging products which could serve customers by delivering international quality products, when packaging industry in India was highly fragmented and ‘localized’ in small scale operations.

    Responding to increasing demand, HPG commissioned manufacturing plants at various locations and today has become the largest manufacturer in India with twelve plants spread over the country.

    HPG is the market leader with a market share of about 10% in the packaging industry and has increased its turnover ten-folds in the past ten years. The company also generates direct employment for over 1100 people.

    Kirit is amongst the pioneers to have instituted the concept of corrugated boxes and pan-India distribution of Kraft paper back in 1979 and then set up HPG in 1991. Over the last twenty years HPG has revolutionized the packaging industry in India with excellent quality of products and services. HPG’s installation and usage of sophisticated electro-mechanical and automated production machinery, material handling and quality assurance, up-scaled production and planned on-line quality systems and controls have uplifted the quality of packaging to international standards, helping India’s exports significantly.

    Recognition for HPG’s unflinching march towards excellence has already come from its most important stake holders, namely multinational customers like Samsung, Gillette, Hindustan Unilever, Whirlpool etc. in the form of repeated recognitions and awards.

    Kirit Modi receiving his award