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The highest paid CEOs in India

February 17, 2009

Kumar Mangalam Birla

Rank: No 17

Company: Grasim Industries Limited

Designation: Chairman

Compensation: Rs 11.25 crore (Rs 112.5 million)

Grasim Industries market cap: Rs 12,411.60 crore (Rs 124.12 billion)

About: He is counted among the world's richest billionaires. The Aditya Birla Group is among India's largest business houses and includes Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular. The group's international footprint spans Thailand, Indonesia, Malaysia, Philippines, Egypt, Canada, China, Laos, USA, UK and Australia.

Birla holds key positions in various regulatory and professional boards. He serves on the prime minister's advisory council on trade and industry. He is chairman of the board of trade constituted by the commerce ministry and is on the RBI's board of directors.

He has served as the chairman of Sebi's committee on corporate governance, and as chairman of Sebi's committee on insider trading. He authored the nation's first report on corporate governance.

He has been showered with several accolades including the Asia Pacific Global HR Excellence -- Exemplary Leader Award and the World Economic Forum's Young Global Leader.

Image: Kumar Mangalam Birla | Photograph: Rediff Archives

Also read: These Indians have the golden touch

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