Naina Lal Kadwai

Naina Lal Kidwai (born 1957) is an Indian banker, Chartered Accountant and business executive.
She was formerly a Group General Manager and the Country Head of HSBC India.[4][5][6] She is
also a former President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
[7]

Kidwai holds a bachelor's degree in Economics from Lady Shri Ram College for Women University
of Delhi (1977 batch) and an MBA from Harvard Business School in 1982.[8][9] Kidwai was the
first Indian woman to graduate from Harvard Business School[10] and also the first woman to
guide the functioning of a foreign bank in India. She is also a qualified chartered accountant.

From 1982-1994 she worked ANZ Grindlays, where her assignments included Head of the
Investment Bank, Head of Global NRI Services and Head of the Western India, Retail Bank. From
1994 to 2002, Kidwai served as the Head of Investment Banking in Morgan Stanley India and JM
Morgan Stanley.[11] She also served at Standard Chartered Bank from the year 1982 to 1994 and
as Chief Manager of Retail Bank from 1984 to 1991. From 1989 to 1991, Kidwai was the Chief
Manager and Head of Investment Bank India and as Manager of North India of Investment Bank
from 1987 to 1989. Kidwai has also served as the Manager of West India of Investment Bank
based in Bombay from 1984 to 1987. From 1977 to 1980, she worked at Price Waterhouse & Co.
She is currently Chairman of Max Financial Services Ltd. Along with serving as the Chairman of
HSBC Asset Management (India) Pvt Ltd and HSBC InvestDirect (India) Ltd, her other positions
include being a non-executive director on the board of Nestle SA and Altico Capital Partners,
Chairwoman, City of London's Advisory Council for India, Global Advisor, Harvard Business
School. She is on the Governing Board of NCAER, Audit Advisory Board of the Comptroller and
Auditor General of India, and on the National Executive Committee of CII and FICCI. She is
independent director of Narara Energy Limited ( Formerly Essar Oil Limited )

2} Naina Lall Kidwai was born into a Hindu family of the Punjabi Khatri community, the daughter
of Surinder Lall, the CEO of an insurance company. Kidwai's mother was the daughter of
Karamchand Thapar, founder of the Thapar Group and sister of Lalit Mohan Thapar. The Thapar
group was one of India's most prominent conglomerates, comprising JCT, BILT, Crompton
Greaves, Avantha, Oriental Bank of Commerce, The Pioneer newspaper, etc. Kidwai has one
sister, Nonita Lall Qureshi, who is a former amateur golf champion and is married to Pakistani
golf champion Faisal Qureshi. Naina Lall Kidwai is married to Rashid Kidwai, a Muslim who runs
an NGO named Grassroot Trading Network for Women. They have one daughter together. Her
husband also has a son from his previous marriage.

Kidwai has repeatedly ranked in the Fortune global list of Top Women in Business, 12th in the
Wall Street Journal 2006 Global Listing of Women to Watch ad listed by Time Magazine as one of
their 15 Global Influentials 2002.[13] Kidwai's interests include microfinance and livelihood
creation for rural women and environment. She also supports the world's largest youth driven
organization - AIESEC as a National Advisory Board Member to AIESEC India. Kidwai reveals that
she listens to "all music except heavy metal" and claims to be a nature lover who loves to go on
trekking tours to the Himalayas.

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