Naina Lal Kidwai Wiki, Height, Age, Boyfriend, Husband, Children, Family, Biography and More – WikiBio
Padma Shri winner Naina Lal Kidwai is a renowned Indian investment and retail banker whose journey has resulted in many firsts. She is the former CEO and chairman of HSBC India – the first lady country head of foreign banks. The chartered accountant was the first Indian woman to graduate from Harvard Business School in 1982. Ms Kidwai also achieved the feat of becoming the first Indian female president of the Federation of Indian Chambers of Commerce and Industry (FICCI). Before joining the banking industry, Naina worked at PricewaterhouseCoopers (now PricewaterhouseCoopers), becoming the first of three female employees in the firm. Kidwai and her husband also founded the NGO Indian Sanitation Coalition (ISC) in 2015. Through ISC, she works to address issues such as water, sanitation and hygiene.
Naina Lal Kidwai was born in 1957 (Age 64; as of 2021) in Delhi. Raised mainly in Delhi and Mumbai, Naina completed her studies at a boarding school in Shimla, Loreto Monastery from 1968 to 1973. There, she specialized in science and mathematics. She studied at Mrs Shriram College, Delhi University from 1974 to 1977 with a BA (Hons) in Economics. Shortly after graduation, Kidwai enrolled at the Institute of Chartered Accountants in Delhi to study Chartered Accounting. She then flew to the United States in 1980 to pursue an MBA at Harvard Business School (HBS) in Massachusetts.
Height (approximately): 5′ 6″
hair color: Black
eye color: Black
She belongs to a very traditional North Indian family.
parents and siblings
Naina’s father, Surinder Lall (Bandy), is the CEO of a leading insurance company in India, and her mother is a housewife.
Kidwai’s younger sister, Nonita Lall Qureshi, was an award-winning Indian amateur golfer and now coaches young talent.
husband and children
Naina was married to Rashid Khalid Kidwai, who passed away in 2021 due to COVID-19. Rashid is the founder of the Women’s NGO Grassroots Trade Network and a former executive at ITC Limited.
The couple have a daughter, Kemaya Kidwai, who works for a strategy consulting firm.
Naina also has a stepson Ruman, the son of Rasheed’s ex-wife. Luhmann is an assistant director and actor.
The Delhi University graduate started her career at PricewaterhouseCoopers (now PricewaterhouseCoopers) in 1977 as an intern. She is also studying to become a Chartered Accountant. Three years later, when Naina was accepted to Harvard Business School, she left the company.
Anz Grindlays Bank (now Standard Chartered Bank)
Naina spent 13 years at ANZ Grindlays Bank (now Standard Chartered) in India, which started shortly after her graduation from Harvard. She rose to head ANZ Grindlays investment bank, the bank’s global NRI services and its retail arm. When she was asked in an interview about her decision to move to India after her MBA instead of working in the US, Kidwai said,
I’m sure the deals I’ve worked on in the US will be bigger – billions not millions – but in India there are many firsts – company listings, new entrepreneurs and the start of privatisation. “
- 1989 – 1991: Principal Manager and Head of Investment Banking, ANZ Grindlays
- 1987 – 1989: North India Manager, Investment Bank, Delhi
- 1984 – 1987: Investment Banking West India Manager, in Mumbai (now Mumbai)
Morgan Stanley India
After leaving Anz Grindlays Bank, Naina joined Morgan Stanley India in 1994 as Head of Investment Banking. Under her leadership, Morgan Stanley became one of India’s foremost investment banks. During her tenure at the bank until 2002, the investment banker was instrumental in the creation of Idea Cellular, a tripartite joint venture (JV) between AT&T, Birla and Tata. She also oversaw the listing of Wipro on the New York Stock Exchange, raised funds for Infosys, and managed the notable IPOs of Maruti Udyog and Bharti Tele-Ventures. Nana recalled,
My eight years at Morgan Stanley mean a lot to India because the country is just starting to open up and is divesting. In addition, many new activities have started in the capital markets. “
Ms Kidwai joined the UK bank in 2002 as Deputy Chairman and Managing Director of HSBC Securities and Capital Markets in India before being appointed Group Managing Director of the bank in 2006. The following year, Naina became chief executive of HSBC India in 2007, and within two years, the banker became the first woman and second in Indians in charge of foreign banks in India made history. As head of the bank, Naina manages all of the bank’s entities in India and works under her with nearly 12% of the group’s global employee base. Kidwai leads diversity at HSBC India and helps transform the workplace into a gender-friendly organization. She also introduced a number of initiatives at the bank, including paternity leave, extended maternity leave, flexible working hours, five days a week, time off, after-get off work yoga, parenting and salsa classes. Naina set benchmarks of excellence during her more than ten-year tenure at the UK bank, ending Asia Pacific in December 2015 following her announcement of her retirement from the role of Chairman of HSBC India and Executive Director of HSBC’s Board of Directors. Stuart Davis succeeds Naina.
Ms Kidwai’s post-retirement plans include initiatives including women’s empowerment, sanitation and water. She plans energy efficiency work with NGOs such as Water.org and the Gates Health Foundation, as well as the Council on the Global Economy and Climate. She said in an interview,
At retirement age, it was time for me to turn to a different pursuit. I intend to devote more time to women’s empowerment, water and sanitation, which I have engaged in in various capacities over the past decade. “
Naina Lal Kidwai also expressed her ambition to mentor young talent during her retirement. she says,
I hope to mentor some young people, especially women, in their careers, inspiring women to work hard and achieve…and work with those who are underrepresented. “
Board of Directors and other members
- Chairman: Max Financial Services Ltd., HSBC Asset Management Pvt. Ltd. and HSBC InvestDirect Ltd., India, and City of London India Advisory Committee
- Member and Chairman: Advent Private Equity India Advisory Board
- Non-Executive Director: Nestle SA, CIPLA, Larsen, Toubro and Altico Capital Partners
- Independent directors: Narara Energy Limited (formerly Essar Oil Limited)
- President: Confederation of Indian Chambers of Commerce and Industry (FICCI), India Water Mission and Confederation of Indian Chambers of Commerce and Industry (FICCI), Council for Inclusive Governance
- vice-president: World Economic Forum Global Water Agenda Council
- Global Advisor: Chairman of Harvard Business School (USA) and its India Advisory Board
- Member of the board: HSBC Asia Pacific, Aspen Institute of India, NCAER (National Council for Applied Economic Research), NIBM (National Institute of Banking Management), Audit Advisory Committee of the Comptroller and Auditor General of India, Rajasthan Planning Commission and Shakti Sustainable Energy Foundation
- Member of the National Advisory Board: AIESEC India
- member: Confederation of Indian Industry (CII) and FICCI National Executive Committee, Energy and Resources Institute (TERI) Governance Committee, International Advisory Committee, United Nations Environment Programme (UNEP) Survey, India-Malaysia CEO Forum, BRICS Business Council, representing India , the head office of the Bharat Rural Livelihoods Foundation (BRLF), the Indian Advisory Council of Prince Charles Charities and the International Council of Women in Business Leadership (ICWBL) created by Hillary Clinton
- 2012: Modern Banking in India
- 2018: Survive or Sink: An Action Agenda for Sanitation, Water, Pollution and Green Finance
TERI Sexual Harassment Scandal
In 2016, Naina Lal Kidwai was criticized by survivors of sexual harassment and some TERI employees for her apparent statement in support of the defendants in the Energy and Resources Institute (TERI) sexual harassment case. Kidwai was one of TERI’s board members at the time, and the accused was TERI’s Director General, RK Pachauri. Kidwai said many of TERI’s female employees supported Pachauri, and their senior team had asked to bring back “those who were assessed”.
Awards, Honors, Achievements
- Naina was named “Asia’s Third Most Powerful Businesswoman” by Fortune in 2000 and 2001.
- In 2002, the banker was selected by Time magazine as one of 15 “emerging “global influencers.”
- Next year, she was named one of the “Top 50 Women in International Business.”
- Ms. Kidwai was ranked 34th on the Wall Street Journal’s 2004 list of “50 Women Entrepreneurs in the World.”
- In 2006, she was ranked 12th on the Wall Street Journal and Financial Times’ “Women to Watch in the World” list.
- Naina received the prestigious Padma Shri Award from the Government of India in 2007 for her contributions to trade and industry.
- In 2013, she was awarded the “Decade of Excellence in Banking Women’s Achievement Award” by the ASSOCHAM Ladies Alliance in Delhi.
- In 2017, Naina received two awards. She has won the ICC Outstanding Business Women Achievement Award and the Asia Center Leadership’s “Best Independent Director Award”.
- Ms. Kidwai has also received various rankings in the Fortune Global Women in Business rankings.
- colour): white, beige, black
According to some reports, Naina’s net worth is around Rs. 1.7 crore (as of 2021).
- Naina is the granddaughter (on her mother’s side) of Karam Chand Thapar, founder of Thapar Group of Companies. She revealed in an interview that she was the first woman in the family to work.
- Young Kidwai was a child prodigy, consistently at the top of his class, a champion athlete, and an excellent public speaker. Naina is actively involved in learning and extracurricular activities, and while at school, she hosts…
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