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Page 1: ABLF Awards 2012 Coffee-Table Book
Page 2: ABLF Awards 2012 Coffee-Table Book

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

Page 3: ABLF Awards 2012 Coffee-Table Book

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012

ABLF SERIES 2012The History-Makers of the New Asian Century is the signature publication of the Asian

Business Leadership Forum Series and is distributed across 14 countries. An online

version of this publication can be viewed on www.ablfseries.com.

Page 4: ABLF Awards 2012 Coffee-Table Book

© Indian Expressions Event Strategy & Design Consultancy 2012 PO Box 211270, Dubai, United Arab Emirates

The Asian Business Leadership Forum Trademark and Intellectual Property is held by Indian Expressions Event Strategy & Design Consultancy, Dubai, UAE.

The Asian Business Leadership Forum name, logo and brand communiqué may not be used in whole or part commercially or otherwise or reproduced in any material form (including photocopying or storing in any medium by electronic means)

without the written permission of the IP holder. Any person reproducing any part of this publication without prior written permission will be liable to criminal prosecution and civil claims for damages.

For enquiries, please email [email protected]

All Rights Reserved.

Page 5: ABLF Awards 2012 Coffee-Table Book

Pioneered, produced and presented by

VOLUME II

A GLOBAL SHOWCASE OF ASIAN BUSINESS EXCELLENCE IN INDUSTRY, INFRASTRUCTURE AND ENERGY

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ABLF SERIES 2012

T H E A B L F S E R I E S 2 0 1 2 I S D E D I C AT E D

T O

THE VISIONARY LEADERS OF MODERN ASIA

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CONTENTS

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Foreword - The ABLF Journey of Glory 6

Chapter 1 - Messages from the Leadership 10

Chapter 2 - Witness Asia Rising 18

• ABLF Series 20

• ABLF Knowledge Congress 34

• ABLF Awards 78

Chapter 3 - Communication Strategy & Global Outreach 174

Chapter 4 - Vanguard of the ABLF Series 186

ABLF Series IP Creators & Architechs 206

Acknowledgement 208

Index, Reference & Photo Credits 210

The Future - The ABLF Awards 2013 212

ABLF SERIES 2012

Page 10: ABLF Awards 2012 Coffee-Table Book

Thequesttoexpresstheethosof ‘leadership’ in itscontemporaryavatar

has engaged scholars and social scientists through the passage of the

Industrial age into the present age of knowledge and information. The

term‘leader’hasanancientcontextandisenmeshedwithauthorityand

singularity,while ‘leadership’ isarecentadditiontotheEnglishlanguage,

whichevolvedfromacomplexconceptthatreachesbeyondthesingular

aspectofaleaderandisdefinedintermsof‘interaction’amongagroupof

peopleparticipatinginaprocess.Leadership,therefore,isa“collaborative

endeavour”,andthisbrave21stcenturydefinitiondebunkstheideaofa

singularautocraticleader.

ThecentraltenetoftheABLFSeriesremainsuncompromisinglycommitted

tothisdefiningphenomenonoftrueleadership,whichisnurturingwithin

organisationsacommunityofleaders.

Trueleadershipseekschangeswiththekeyfocusthattheymustnotonly

reflectthewishesoftheleader,butalsothehopesofthefollowers.One

ofthedefiningmovementsofthisglobalchangeinAsiaisashiftfromthe

old ways of leadership, the industrial paradigm that was characterised

by a leader being mechanical, hierarchical and unemotional. The ABLF

Series honours leaders that walk the talk and showcases exemplary

entrepreneurial captains who set the highest standards in leveraging

knowledge, promoting innovation and making excellence in delivery

standardoperatingprocedureintheirorganisations.

TRANSLATING VISION INTO REALITYIdeatedandarchitectedbyIndianExpressions–inassociationwithsome

of the finest minds in Asia from the worlds of governance, business,

industryandpolicy–tobecomethequintessentialleadershipforumthat

encompasses the spirit of Asia, the business event Series, created over

two years of intensive preparatory; research, planning and building of

strategicalliances,servesasacutting-edge,zeitgeistplatformforIndustry,

InfrastructureandEnergyinAsia.

TheAsianBusinessLeadershipForumAwards2011,thefirstintheseries

ofspectacularshowcasesofAsianbusinessexcellenceinthethreepivotal

fields,wasalandmarkeventthatsetthetonefortheSeries.Wellattended

and represented, the glittering evening was studded with important

keynote addresses and presentations and watched by over 25 million

viewersacrossAsia.TheRepublicofIndiawasthevenuefortheinaugural

ABLFevent,theABLFAwards2011.

TAKING A NEW TRAJECTORYMovingforward,weengagedtheincredibletalent,enterprise,knowledge

andvisionoftheABLFStrategicAdvisoryPanel,theABLFGrandJury,the

Presenters, Associates and Supporters to present an event where they

couldinteract,deliberateanddiscussahostofsubjectsunderthepurview

of Industry, Infrastructure and Energy. And so, the Series embraced

an information-focused trajectory by hosting a series of Knowledge

Congresses. Subjects discussed ranged from current opportunities for

crossinvestments,topotentialmarketswhosevibrantgrowthcouldchange

thedestinyofnations,toadoptionofcorporategovernanceprinciplesand

sustainabilitytoimprovethequalityoftheAsianbusiness-scape.

AstheAsianCenturypicksupspeed,openingthefloodgatesofdiscovery,

learningandinformation-sharing,theABLFSeries,withitsAwardsarmthat

celebratesbusiness achievements and its Forumevent,whichpromotes

exchangeofinformation,isatthecentreofitall.

ON THE LEADERSHIP WAGON

THE ABLF JOURNEY OF GLORY

6|History-MakersoftheNewAsianCentury

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FutureKnowledgeCongresseswillbehostedinregionsoffocus,andsome

preferred destinations have been tied in already: Indonesia, Singapore,

OmanandQatar,tonameafew.Inaddition,exclusivecameoforumswill

behostedandfilmedfortelevisionintheUSandtheUK.TheForumwill

expandeveryyear fromhereonout, to incorporatenewcountries, thus

ensuringafreshaudienceandaglobalperspectiveontheAsianstory.

THE ABLF SERIES: HONOURING EXCELLENCEThe first edition of the official signature publication of the ABLF Series,

History-Makers of the New Asian Century,waslaunchedin2011byH.E.Kamal

Nath,MinisterofUrbanDevelopmentandParliamentaryAffairs.Thevolume

featured articles, commentaries and Asian perspectives from the ABLF

AwardsGrandJury,theawardwinnersandkeysupporters,onwhatisnow

beingcalledtheAsianrenaissance.Whilethesecondeditioncontinuesto

encapsulatethestoryofAsiaintheglobalbusiness-scapeanditspioneers,

italsofacilitatesanunderstandingoftheABLFKnowledgeCongressandits

chiefpurpose:conversationandcollaborationbetweenAsianleadersinthe

threecrucialsectorsaffectingAsia’seconomicevolution.

Inclosing,wereturntoourprimarytenetoftrueleadershipandreiteratethe

ABLFSeriesroleinitspromotionandshowcase.InAsiatoday,organisations

arebeginningtosetthetrendfortherestoftheworldtofollow.

ABLF SERIES 2012 – THE STAGINGSinceitsformationin1971,theUnitedArabEmirateshasworkedhardtograduatetothestatusofacrucialplayerintheglobaleconomy.

Itisnowhailedasthepre-eminentbusinesshuboftheregion,andabeaconofsuccessfulglobalrelationships,tradeandgoodwillinthe

ArabianGulf.TheUAE’sleadershipismarkedbyindividualsofintegrityandvision;abenevolentmonarchythatlooksuponitspronounced

expatriatecommunityastheirown.

ThecelebratedepicentreoftheGulf,theUnitedArabEmirateswasthus,chosenbytheABLFStrategicAdvisoryPanelastheidealdestination

forthe2012editionoftheABLFSeries.

The contemporary Asian leadership paradigm

is characterised by collaboration, power-

sharing facilitation and empowerment and the

ABLF Series is proud to be the premier showcase

of this powerful new leadership movement

that epitomises Asia Rising.

OntheLeadershipWagon|7

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MESSAGES FROM THE LEADERSHIP

CHAPTER1

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10

HisHighnessSheikhNahayanMabarakAlNahayanisastrongsupporteroftheintent

and vision of the Asian Business Leadership Forum Series. His Highness is a great

friendoftheAsiancommunity intheUAEandisbelovedforbeinganapproachable

andwelcomingleader.

TheABLFSeriesisgratefultoHisHighnessforhisunstintingsupportandhisinvaluable

adviceinbringingtheABLFSeries2012tofruitionintheUnitedArabEmirates.

H.H. SHEIKH NAHAYAN MABARAK AL NAHAYAN

MINISTER OF CULTURE, YOUTH AND COMMUNITY DEVELOPMENT, UAEFORMER MINISTER OF HIGHER EDUCATION & SCIENTIFIC RESEARCH, UAE

10|History-MakersoftheNewAsianCentury

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11

His Highness Sheikh Nahayan Mabarak Al Nahayan is the United Arab Emirates Minister of Culture, Youth and

Community Development, and formerMinister of Higher Education and Scientific Research, and Chancellor of the

Higher Colleges of Technology.

One of the UAE’s most visionary leaders, His Highness has paved a new path for the country’s educational system, making it the

new hub for higher education and research in the region. In a few short years, he has transformed the UAE into a centre for

various international universities to operate and successfully provide exemplary education to students from all over the globe.

His Highness’ mission is to continue national investment in schools, universities and research institutions, thereby leading the

UAE to incorporate a larger role for itself as a promoter of peace and economic development through education.

MessagesfromtheLeadership|11

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“The work of ABLF celebrates regional and international dialogue

and cooperation to promote growth and create a better future

for the region.”His Highness Sheikh Nahayan Mabarak Al Nahayan

12|History-MakersoftheNewAsianCentury

Page 17: ABLF Awards 2012 Coffee-Table Book

LETTER OF PATRONAGE FOR THE ABLF SERIES 2012 FROMTHE MINISTRY OF HIGHER EDUCATION & SCIENTIFIC RESEARCH, UAE

MessagesfromtheLeadership|13

Page 18: ABLF Awards 2012 Coffee-Table Book

His Excellency Pranab Mukherjee assumed office as the 13th President of India on July 25, 2012, crowning a political career

of over five decades of exemplary service to the nation in Government as well as Parliament. President Mukherjee is a man

of unparalleled experience in governance with the rare distinction of having served at different times as Foreign, Defence,

Commerce and Finance Minister. A renowned scholar, his intellectual and political prowess as well as his remarkable

knowledge of international relations, financial affairs and parliamentary process are widely admired. He has been acclaimed

for his role as a consensus builder on difficult national issues through his ability to forge unity amongst the diverse political

parties that form part of India’s vibrant multi-party democracy.

14|History-MakersoftheNewAsianCentury

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MESSAGE FOR THE ABLF SERIES 2012 FROM THE PRESIDENT’S SECRETARIAT, RASHTRAPATI BHAVAN,

NEW DELHI, INDIA

H.E. PRANAB MUKHERJEEPRESIDENT OF INDIA

MessagesfromtheLeadership|15

Page 20: ABLF Awards 2012 Coffee-Table Book

The Honorable Prime Minister of India, Dr Manmohan Singh is rightly acclaimed as a thinker and a scholar. He is well

regarded for his diligence and his academic approach to work, as well as his accessibility and his unassuming demeanor.

Earlier, during his tenure as the Finance Minister from 1991 to 1996, His Excellency was widely credited for carrying out

economic reforms in India in 1991 which resulted in the end of the infamous Licence Raj system and the opening up of the

Indian economy. In his celebrated political career, his contributions toward the betterment of India are insurmountable.

16|History-MakersoftheNewAsianCentury

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MESSAGE FOR THE ABLF SERIES 2012 FROMTHE PRIME MINISTER’S OFFICE, SOUTH BLOCK, RAISINA HILL,

NEW DELHI, INDIA

H.E. DR. MANMOHAN SINGHPRIME MINISTER OF INDIA

MessagesfromtheLeadership|17

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WITNESSASIA RISING

CHAPTER2

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TheABLFSeries isanambitiousamalgamationof thecelebratoryAsianBusinessLeadershipForumAwardsand information-focusedknowledgeevents

acrossthekeydriversofglobaleconomy–Industry,InfrastructureandEnergy.Itisgearedtowardsaddressingevolvingeconomicdevelopmentsthroughthe

twinprocessesofintrospectionandinspiration.

ThefirsteditionoftheABLFAwardswasheldinNewDelhiinOctober2011andpaidtributetoexemplaryleadersfromtheGulf,IndiaandSouth-EastAsia,

forexcellenceintheaforementionedpivotalsectors.

Initssecondyear,theABLFSerieshasaugmentedtwo-foldandembracedamoreknowledge-focusedtrajectory,acknowledgingtheneedtocreateaplatform

forconversationandinformation-sharing.Towardsthisend,thesecondyearoftheABLFSeriessawtheconceptualisationoftheinauguralABLFKnowledge

Congress,becausenoeventpropertycansustainwithoutprioritisingthegrowthofaknowledgeeconomy.

THE ABLF SERIES

Page 25: ABLF Awards 2012 Coffee-Table Book

“The ABLF Series is a very good initiative because it brings

together leaders in different sectors across Asia to engage each

other, inform each other, and partner with each other. With

Asia now emerging as the engine of global economic growth,

it is important that Asian leaders integrate and participate in

global growth more than ever before.” H.E. KAMAL NATHUnion Cabinet Minister of Urban Development, and Minister of Parliamentary Affairs,

Government of India

TheframeworkoftheABLFSerieshasbeendesignedtoaccommodateandencouragecollaborationamongAsiancorporations.Eachoftheseorganisations

hasleftanindeliblemarkontheglobaleconomyandmostofthemarenowlookingtoextendtheirbusinessfootprint.TheABLFSeriesattemptstoprovide

themwithaspacetomakethispossiblethroughknowledge-sharingandconversation.

Acomprehensiveshowcaseofthetwoevents,theSeriesallowsforleadersandpioneersoftheAsianeconomytoinspiretheirinternationalcounterparts,

providingspaceforintrospectionandultimatelyhonouringtheirground-breakingprogress.

Page 26: ABLF Awards 2012 Coffee-Table Book

ABLF

22|History-MakersoftheNewAsianCentury

THE ASIAN RENAISSANCE

THE GULFTheGulfCorporationCouncilbloc,whichconsistsofSaudiArabia,Kuwait,

Bahrain, Qatar, the United Arab Emirates and the Sultanate of Oman,

accountsfor40percentofglobaloilreservesand25percentofnaturalgas

reserves.AboutUS$2.5trillionworthofinfrastructureprojectsareeither

underwayintheGulfregion,orareinthepipeline.Theyouthconstitutes

morethanone-thirdoftheregion’spopulationandhalftheregion’sworking

agepopulation,providingpotentialforincreasedeconomicgrowth,whichis

beingtappedthroughenormousinvestmentinhumancapitaldevelopment

andstrengtheningofaknowledgeeconomy.Relativelyuntouchedbythe

politicalunrest intheArabworld,theGulf isboundtoremainanengine

of wealth creation, encouraging local and foreign investors to continue

pursuinginvestmentopportunitiesintheregion.

INDIAIndia,avitalpartof theelitetrillion-dollareconomyclub,hascopedwell

followingtheglobalmeltdown.Ithasweatheredthestormbetterbecause

ofstrongeconomicfundamentalsandthepresenceoftheworld’sbiggest

middleclass.Growingatnearlysixpercentperannum,Indiahasnotonly

bolsteredSouthAsia’sgrowth,butisplayingakeyroleinrebalancingthe

globaleconomy. Itstruepotentialcouldbemeasurednot justbywhat it

has accomplished so far, butwhat it strives to achieve in the future. As

the fourth largest economy in the world in terms of purchasing power

parity, India is soon shaping up to be the fourth largest consumer of

energy.Poweredbyitswealthofhumanresourcesandvibrantknowledge

economy,thisindicatesitsextraordinaryeconomicmomentum.

Page 27: ABLF Awards 2012 Coffee-Table Book

THE ASIAN RENAISSANCE

ABLFTHE REGIONS OF FOCUSIn an environment of rapid change, Asia is on high energy, forging alliances both internally and with other regions of the world, creating vibrant new partnerships and cementing old, important ones. With Asia as the rising epicentre of the global business world and constantly in the global spotlight, the ABLF Series epitomises the values of ancient Asia as well as the modern business-scape of the region.

SOUTH-EAST ASIAWith a population of about 600million, the South-East Asian countries,

as represented by the Association of South-East AsianNations (ASEAN),

include Indonesia,Malaysia, thePhilippines,Singapore,Thailand,Brunei,

Myanmar,Cambodia,Laos,andVietnam.WithacombinednominalGDP

ofmore thanUS$2 trillion in2011,ASEAN- ifdesignatedasacountry -

wouldrankastheninthlargesteconomyintheworldintermsofnominal

GDP.With rich natural resources, skilled labour, and an export industry

concentrated in global high-growth sectors, South-East Asia is a dream

destinationforinvestors.WithChina,IndiaandtheGulfcountriespursuing

ASEANmembers to further theireconomicgrowth, theSouth-EastAsian

countriesare likely to remaineconomicpowerhouses in theirownright.

Inaddition,theyarelikelytoplayakeyroleinrealisingthepotentialofan

Asianeconomiccommunity.

Page 28: ABLF Awards 2012 Coffee-Table Book

INDUSTRY

ENERGYINFRASTRUCTURE

SECTORS OF FOCUS

INDUSTRY • INFRASTRUCTURE • ENERGY

T H E A B L F S E R I E S 2 0 1 2

Thekeydriversoftheglobaleconomy

ABLF

24|History-MakersoftheNewAsianCentury

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INDUSTRY

ENERGYINFRASTRUCTURE

INDUSTRYTHE BACKBONE OF NEW-AGE ECONOMIES

TheprocessofindustrialisationhaspavedthewayforasocietaltransformationinAsia,asitdidintheWestinthepastcentury.Industry-widereforminAsian

countriessuchasChina,IndiaandJapansetthefoundationforthewaveofindustrialisationthatfollowed.Leadersofthesenationswereinstrumentalin

creatingastrongbaseinheavyindustriesandpromotingtheirgrowth.Thishadarippleeffectontheeconomyastheinfrastructureandenergysectorgrew,

thusfacilitatingindustries.Withtheregion’sdevelopingnationscontributing25percentandindustrialisednationscontributing20percent,thepossibilityof

AsiasurpassingtheWesternfootholdintheindustrialsectorappearsreal.

INFRASTRUCTURETHE FOUNDATION OF ECONOMIC GROWTH

Infrastructureplaysavitalroleinaneconomyasithasthecharacteristicsofbothintermediateandfinalproductsandservices.Asanintermediateproduct,

itpromotes themobilityof factorsofproductionand theflowof information, thus, improvingproductivityandstimulatinggrowth.Asafinalgood, the

consumptionofinfrastructureservicesdirectlyimpactsthequalityofpeople’slives.TheinfrastructureboominAsiahasbeenthemostvisiblesignofprogress

forthecontinent.Byemployingthelatesttechnology,Asiahasmadealeapfroginthissector,bypassingintermediatestagesofinfrastructuredevelopment.

Owingtooverwhelmingdemandforinfrastructureandthestrongfinancialbackingitcanattain,thissectorhasgreatpotentialinthefuture.Itisimperativethat

nationsreformtheirinfrastructurecreationpoliciestoboostsuchavitallifelineofthemoderneconomy,pavingthewayforbetterprovisionofpublicgoods.

ENERGYTHE HEART OF ECONOMIC DEVELOPMENT

MuchofAsia’sprogresshascomefromrapidindustrialisationandinfrastructurecreation,bothofwhichrequireaconsistentsupplyofenergy.Thus,Asiaand

itsequitableaccessareinextricablylinkedtoeconomicgrowth.Repletewithfossilfuelsources,Asiaisnotonlytheworld’slargestenergysupplyingcontinent,

ithasemergedasthebiggestconsumerofenergytoo.Asia’senergydemandisexpectedtodoubleby2035.Thishasassumedgreaterimportanceintheface

ofAsiabeingthebiggestproducerandconsumerofenergyandtheinterplayofpoliticsintheenergymarket.Policyreformsbygovernmentsintheenergy

sectorhavebeeninfluencedbytheirgoalstoachieveenergysecurity.Thesecurityofsupplieshasatemporaldimension,asnationswanttoemploythose

sourceswhichareviableintheshortaswellaslongrun.Thereisalsoaneedfortheenergymarkettoberesilienttoshocksofsupplywhichmayoccurdue

tounavailabilityofnaturalresourcesorsupplychainbreakdowns.

ABLF

WitnessAsiaRising|ABLFSeries|25

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TheAsianBusinessLeadershipForumSeries(www.ablfseries.com)hosted

twoindependentwebportals–onefortheAwards(www.ablfawards.com)

andtheotherfortheForum(www.ablforum.com)-thatdescribedrelated

history,information,updates,aswellasthenominationmechanicsforthe

Awardsevent.Thewebsitesaredesignedandcalibratedtobecomeamulti-

facetedresourcecentreforAsiainthefieldsofIndustry,Infrastructureand

Energy.

RegisterwithABLFonlineasamemberandgain fullaccess tothe latest

information on the aforementioned sectors. Participate in on-going

discussions as industry veterans and scientists explore the numbers

behindtheinfrastructurechallengeordebatetheriseofaneraofmassive

governmentdebt.Readcutting-edgereportsfromglobalbusinessleaders,

key infrastructureadvisoryandtopconsultanciesastheydesignprocess

blueprintswithproductivitygainsthatcansaveUS$1trillionperyearon

infrastructure spending. View curtain raisers on the latest sustainability

measuresandgovernancepoliciesthathavebeenincorporatedtosupport

these three bastions of global growth, and view expert commentaries

andcurrentperspectivesasthe leadershipunearthscritical issuesfacing

governments,contractors,andfinanciers.

ASIA’S CENTURY HAS ARRIVED

Asia is theworld’s largest and fastest-growing regional economy. By 2030, its

realGDPisexpectedtomorethandoubletoUS$67trillion,outstrippingGDP

projectionsforEuropeandtheAmericascombined.Asia’sincrediblegrowthstems

fromthreedistinctphenomena:sustainedgrowth,theinclusiveandintegrated

natureoftheAsianeconomies,andmegaspikesinconsumerdemand.

ONE PORTAL, MANY MINDSWWW.ABLFSERIES.COM

Asian economies have sustained extraordinary investments in

infrastructure,housing, industryandhumancapital. It isreportedthat

by2030,realinvestmentinAsiacouldrisetoasmuchasUS$22trillion

peryear.Asianeconomiesarebecomingincreasinglysophisticatedand

haveintegratedthemselvesacrosstheglobe;meanwhile,intra-regional

trade in Asia has tripled since 2000. Rising household incomes are

causingasurgeinconsumerdemandforabroadrangeofproductsand

services-realAsianconsumptionmayreachUS$45trillionperyearby

2030. This enormous growth offers huge potential not only for Asian

development, but also for Asia’s prospective role in bailing out other

flailingeconomies.

TheABLFSeriesplatformbringstogetherbusinessscientists,thinkersand

strategiststothrowlightonhoworganisationsoutsidetheregioncapture

theAsianopportunity.

THE ABLF SECTOR OF FOCUS:INDUSTRY, INFRASTRUCTURE & ENERGY

Industry: Rapid industrialisation and increasing wages, coupled with

maturingconsumerdemandinmanyofthecountriesinAsia,aredriving

different types of global trade growth. In this dawning era, new trade

corridorsbetweenAsiaandAfrica,AsiaandSouthAmericaandwithinAsia,

willre-chartglobalsupplychains.Astradevolumesshifttowardsemerging

marketsandleastdevelopedcountriestaketheirfirststepsintotheglobal

marketplace, the privatisation phenomenon has already helped fire up

Asian economic growth, and Asian economies are beginning to benefit

fromincreasedefficiencyandbetteraccesstocapital.

ABLF

26|History-MakersoftheNewAsianCentury

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AsAsiancountriesshifttowardshighervaluesectors,therearesignificant

opportunities for companies to evolve and grow. Some of the faster

growing, emerging Asianmarkets show a shift from basic commodities

tradinginsectorssuchascerealsorsugar,tobecomearefinerorproducer

ofbrandedgoodsbasedonthoserawmaterials.Inmanyofthedeveloped

Asianmarketsthereisashifttowardsincreasinglyspecialisedsectorssuch

aschemicalsandpharmaceuticalproductsascompaniesseekopportunities

forhigherreturns.

Emerging Asian markets are developing at a phenomenal pace and are

set toreshapeworldtradepatternsoverthenext20years.Byexpanding

theiroperation’s in tonew,higher value sectors, theyaredriving the rest

oftheglobalindustrytospecialiseanddiversifytocompete.Understanding

whichsectorsaregrowinginwhichmarkets,delivershugeopportunitiesfor

businessesastheyplanforthefutureandaimtocapitaliseonthesetrends.

Infrastructure:Tokeeppacewithglobalgrowthby2030,theworldwillhave

tospendUS$57trilliononinfrastructure.Outdatedapproachestofinancing,

poor design and construction and a decades-long deficit in productivity,

argueafundamentallynewapproachtooneoftheworld’smostexpensive

problems. The ABLF convenes an on-going expert discussion around

innovativeapproaches to rethink, reengineer, and rebuild the industryby

bringingtogetherstalwartsfromacrossAsia.Howmuchmoreenergywill

theworldneedinthefuture?Arethereenoughenergyresourcestomeet

growingdemand? TheABLFKnowledge congressparticipantsdebate and

deliberateattheseForumsandofferfreshalternativeperspectives.

Energy:Whatroleswilldifferentformsofenergyplay?Andwhichcountries

willproduceandconsume themostenergy?Morepeople,morewealth,

moreenergydemand-thathasbeenthestoryoftheworld’scivilisationover

thelast250years.Around1820,theworld’spopulationreachedonebillion.

Sincethen, ithassoaredtomorethansevenbillionandissettoexceed

eightbillionby2030.Thisdemographicgrowthhasbeenaccompaniedby

evenmorespectaculareconomicgrowth.Theworldeconomyhasalmost

doubledinsizeoverthelast20yearsandisexpectedtodoubleagainover

thenext20.Energyhasbeenacontributingfactorasthenumberofpeople

livingonlessthanUS$1adayhashalvedsince2000,fromapproximately

twobilliontoaroundonebillion,achievingthefirstoftheMillenniumGoals

setbyworldleadersin2000.

CHRONICLING CHANGE AS IT HAPPENS

TheABLFCongressanditsonlinetributaries,fillintheblanksandprocesses

newinformationthatisbeingdeliveredthroughcutting-edgenewslettersand

newscastsonABLFSeries.com.

LogontoregisterandbeapartoftheABLFmovementtowardsknowledge

andinformationformoreglobaleconomicgrowthanddevelopment,creating

newjobs,creatingwealthandbuildingknowledge-basedworksocieties.

A BUSINESS KNOWLEDGE PLATFORM THAT COLLATES, CONNECTS & COMMUNICATES

ABLF

WitnessAsiaRising|ABLFSeries|27

Page 32: ABLF Awards 2012 Coffee-Table Book

ABLFWORLD LEADERS SPEAK

FOR THE ABLF SERIES

“I would like to commend the Asian Business Leadership Forum for organising this Asia-wide initiative. An Asia-wide platform has not been created for many years. I initiated Asian cooperation dialogue during my tenure as Prime Minister in 2003 and invited all the Asian countries to join. That was for a political track; but for the business track, the Asian Business Leadership Forum is a great platform to bring business people together.”

H.E. DR THAKSIN SHINAWATRAFormer Prime Minister, Thailand

“I support the Asian Business Leadership Forum Awards’ effort and initiative to celebrate the achievements of Asia in a common forum and its mandate of strong leadership commitments to excellence, sustainability and development.”

H.H. SHEIKH AHMED BIN SAEED AL MAKTOUMChairman, Dubai World; Chairman, Dubai Airports; Chairman & Chief Executive, Emirates Airline & Group, UAE

“This is an interesting time, economically and geo-politically in Asia and I believe this event is important for exchanging and producing new ideas that can prove useful for cross-border purposes.”

H.E. GITA WIRJAWANMinister of Trade, Indonesia

28|History-MakersoftheNewAsianCentury

Page 33: ABLF Awards 2012 Coffee-Table Book

ABLF

“As prosperity comes through I see massive opportunities. Urban development in India will be the biggest sunrise industry that any country has seen in any part of the world.”

DR KUSHAL PAL SINGHChairman, DLF Limited, India

“The ABLF is the first time when India, the Middle East and South-East Asia have come together to recognise the success of the infrastructure industry. We at Adani are committed to the infrastructure sector, the potential of Asia and investing in the Asian region and hence our support and endorsement of this initiative.”

GAUTAM ADANIChairman, Adani Group, India

“What we need in Asia is for the business leaders to get together, and there should be a leader to get them together. ABLF is that leader.”

H.E. MAQBOOL ALI SULTANFormer Minister of Commerce & Industry, Oman

WitnessAsiaRising|ABLFSeries|29

Page 34: ABLF Awards 2012 Coffee-Table Book

ABLF

Indiaisoneofthelargestandfastestgrowingeconomiesintheworldand

itsdemandforsuperlativeinfrastructurefacilitiesisevergrowing.Thishas

resultedinincreaseddemandforinfrastructurefacilities,especiallyinthe

sectorsofresources,logisticsandenergy.

Thedevelopmentofadequateinfrastructureisthemostcriticalprerequisite

for sustaining the current growth momentum of the economy and to

ensureinclusivenessofthegrowthprocess. India’sPlanningCommission

envisages total investments in excess of than US$ 500 billion in the

infrastructuresectorforbridgingtheinfrastructuredeficitandsustaininga

mediumgrowthmomentumofoverfivepercentperannum.

However,whileinfrastructuredevelopmentisoneofthetopprioritiesofthe

nation,thepaceofgrowthininfrastructurehasnotbeencommensurateto

thedemandsanditcontinuestoposeamajorchallengeforthecountry.

Apart from efforts by the government, private infrastructure players

such as the Adani Group have emerged asmajor contributors towards

the economic growth of the country. With the current installed power

generation capacity of over 200GW, India is one of the top power

generatingcountriesintheworld.TheIndianMinistryofPowerhassetup

anaggressivetargetof76,000MWforthe12thFive-YearPlan.However,the

criticalissuesoffuelavailability,itspricesandenvironmentclearancesfor

powerandcoalprojectscontinuetobemajorissuesforthepowersector.

Privateinfrastructureplayersarealsoplayingamajorroleinbridgingthe

powerdeficit.Adaniisaleadingprivatepowerproducerandoperatesthe

INDIA’S INFRASTRUCTURE CHALLENGE

LEADERS SPEAK

PRANAV ADANIMANAGING DIRECTOR,

AGRO AND OIL & GAS, ADANI GROUP, INDIA

A graduate in business management from Boston University, USA, Mr

Pranav Adani is responsible for strategic business decisions and leadership

development in the Agri and Oil & Gas business of the Adani Group.

With an experience of more than a decade in agri business Mr Adani has

held various positions in a number of industry forums. He has served as the

Chairman of the Confederation of Indian Industry (CII), Gujarat and presently

serves as member in CII National Council on Agriculture & FMCG and Governing

Council, Ahmedabad Management Association (AMA).

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excellence inspires the nation, theworkforce and enhances Asia’s value

fromaglobalperspective.EventsliketheAsianBusinessLeadershipForum

Seriesprovideagoodplatformforcollaborativedialogueanditishightime

thatsucheventswereinitiated.TheAdaniGroupisproudtosupportsuch

acommendableinitiative.

world’s largest private thermal power plant atMundra, generating 4620

MW.Furthermore,Adaniisdevelopingpowerprojectsacrossthecountry

togenerate20,000MWby2020.

In the logistics and port infrastructure sector, Adani Ports and Special

EconomicZone(APSEZ)operatestheMundraport,whichisthecountry’s

largest multi-cargo private commercial port and the fourth largest port

when compared to government run ports. Additionally, last year, Adani

commissionedtheDahejportwithacapacityof20milliontonnesandis

in theprocessofdevelopingports inGujarat,GoaandAndhraPradesh.

WealsooperateacoalterminalatAbbotPoint, inQueensland,northern

AustraliaandhaveplannedsignificantinvestmentsinourassetsinAustralia

andIndonesiaincoalmining,railwayandportinfrastructure.

In August 2010, Adani acquired Linc Energy’s coal mining assets in the

Galilee Basin, northern Queensland, Australia for US$ 2.7 billion. The

productionof coal is expected to start in2014andwill reach60million

metrictonnesby2019. In Indonesia,Adanioperatescoalmines inSouth

Sumatra,EastKalimantanandCentralKalimantanprovinces.

EnergyandInfrastructurearethedriversofgrowthforallAsianeconomies,

eitherdevelopedoremerging,andinitiativesinthesesectorsneedspecial

recognitionasthesesectorsaregamechangers.Mentoringandsupporting

new business talent is the way forward. The Adani Group believes that

withsustainability,collaborationandresponsibilityatthecore,wecreate

opportunities for greater growth and success. Setting benchmarks for

While infrastructure development is one of the

top priorities of the nation, the pace of growth

in infrastructure has not been commensurate

to the demands and it continues to pose a

major challenge for the country.

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ABLFTHE ABLF COLUMNLEADERS SPEAK

If I consider the example of the United Arab Emirates, which is a close

tradingpartnerofIndia,Icanpositivelysaythateducation,andparticularly

highereducation,willbethedrivingfactorinthenextwaveofgrowthinthe

industryandcommercesectorsofthisregion.

In such a young country,which celebrated its 41st year of formation on

December2,2012,therehasalwaysbeenastrongfocusonaknowledge-

basedeconomy,orknowledgeeconomy,whereour leadershavealways

stressed the importance of education in the economic growth and

prosperityofournation–believingthatthefutureoftheUAEdependson

theeducationofourpeople.

From thewisdomof the Founder of theUAE, the late Sheikh Zayedbin

Sultan Al Nahyan came the belief that: “The greatest use that can be

made of wealth is to invest it in creating generations of educated and

trainedpeople.”Educationiswealthandasaresultthereisanationwide

commitmenttoprovideallUAEcitizens,regardlessofageorgender,with

meaningful education so they can become valuable and contributing

membersofsociety.TheUAE’sannualeducationbudgetisnowinthebillions

ofdirhamsand isamongst thehighest in theGulf.Theeconomic, social

andculturaldevelopmentofourcountrycanbe linkedto thewonderful

advancementsineducationandtheemphasisplacedoneducationbythe

country’sleaders.

IntheUAEtherearenowmorethan60registerednationalandinternational

highereducationuniversities,collegesandinstitutionsoperatingtoserve

DR TAYEB KAMALIVICE CHANCELLOR,

HIGHER COLLEGES OF TECHNOLOGY, UAE

Dr Tayeb Kamali, Vice Chancellor of the Higher Colleges of Technology is

a leader in developing and managing organisational change. As part of

the senior management team of the Higher Colleges of Technology he has

worked to create a world-leading e-learning institution through strategic

implementation of laptop learning programs, wireless campus infrastructure,

online learning programs and knowledge management programs.

BUILDING A KNOWLEDGE ECONOMY

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nationalandinternationalstudents.TheUAEishometoawiderangeof

universities,bothpublicandprivateandithasoneofthehighestapplication

participationratesintheworld.

ThebeliefintheUAEisthateducation,innovation,entrepreneurshipand

a global perspective are key components of our success in the future.

ThesefourcomponentsunderpinwhattheHigherCollegesofTechnology

(HCT),strivestoachieve.Asitcelebratesits25thyear,theHCTcontinuesto

maintainitsfocusonadaptingitsacademicandtrainingprogramstosuit

theindustry,businessandemploymentconditionsoftheUAEandtheGulf.

Itisimportanttoprovidestudentswithnewwaysoflearningthatrecognise

theiraptitudeformobile learningbymakingtheireducationexperiences

moreeffectiveandrewarding.Bringingtheworldintotheclassroomand

breakingdownthevirtualclassroomwalls,sothatstudentscanthrive in

the ‘learning by doing’ mode in an ‘anywhere-anytime’ mobile learning

environmentisvitalinthe21stcentury.

At the recentABLFKnowledgeCongress Imentioned that the impact of

Asiaontheworldisimmense,itisaforcethathasplayedandwillcontinue

to play a major role. As we see a growing emphasis on a knowledge-

basedeconomyinAsia,Ifirmlybelievethatitwillbeastrongeducational

foundationthatwillbuildtheregion’scapacitytogrowindustry.

I can positively say that education, and

particularly higher education, will be the

driving factor in the next wave of growth in the

industry and commerce sectors of this region.

WitnessAsiaRising|ABLFSeries|33

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34|HISTORY-MAKERSOFTHENEWASIANCENTURY|

ASIAN BUSINESS LEADERSHIP FORUM KNOWLEDGE CONGRESS 2012

LEVERAGING THE KEY DRIVERS OF THE GLOBAL ECONOMY INDUSTRY • INFRASTRUCTURE • ENERGY

DubaiInternationalFinancialCentre

October3,2012

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|HISTORY-MAKERSOFTHENEWASIANCENTURY|35

Asia’ssuccessistheresultofambition,labour,collaborationandinnovation

byitsentrepreneursandbusinessleaders.Thissuccesshasbeenfostered

bythecreationofaconducivepolicyenvironmentandhealthygovernance

practices by governments and policymakers alike. As a result of this

dynamiccombination,Asiahasseenamiraculousboom in thepast few

decades,whichhastransformedandenrichedthelivesofmillions, ifnot

billionsofpeople. Today, this region is home to emergingpowerhouses

whosestabilityandgrowtharekeytothefutureoftheglobaleconomy.

TheinauguraleditionoftheKnowledgeCongressreflectsaglobalshiftas

establishedandemergingeconomiesacrosstheworldpursuethecreation,

evaluationandefficientuseofknowledgeforgrowth.Towardsthisend,the

secondeditionoftheABLFSerieswaslaunchedwithaKnowledgeCongress

onIndustry,InfrastructureandEnergy,titled,‘LeveragingtheKeyDriversof

theGlobalEconomy’.TheinauguraleditionrolledoutelegantlyonOctober3,

2012attheDubaiInternationalFinancialCentreinDubai,UAE.

H.H.SheikhNahayanMabarakAlNahayan,UAEMinisterofCulture,Youthand

CommunityDevelopment,inhiskey-notespeech,whichwasanextraordinary

odeto IndiaandtherestofAsia, referred to the IndianMinister forUrban

DevelopmentandParliamentaryAffairs,H.E.KamalNath,ashisbrother,thus

setting the tone for theevent, a true celebrationof intra-Asia camaraderie

andfriendship.HisHighnesssaid,“TheForumhighlightsthefactthatleaders

musthaveaglobal viewandanunderstandingofhow theirorganisations,

theircountries,andtheirregionsfitintotheglobalcontext.Leadershipinthis

agerequirestheabilitytobuildrelationshipsandbreakthroughbarriers.Iam

confidentthattheAsianBusinessLeadershipForumwillhelpstrengthenAsian

economies.”

“There are restrictions in the mobility of goods and services;

there are restrictions in the mobility of human beings from

one territory to another, but the one thing for which there are

no restrictions, is the transfer of knowledge. The one thing

that has no boundaries is knowledge.” H.E. KAPIL SIBALMinister of Communications and Information Technology, Government of India

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ABLFTheForumChiefChair,MinisterKamalNath,oneofthedefiningleadersof

ourtime,aveteranpoliticianandeconomistwithimmenseexperience,in

hisaddresssaidthatIndiaandtheUAEhavehadafriendshipthatstandsas

atestamentandproudexampletotherestofAsiaandtheworld.

TheForumwasattendedbyseniorministers,businessleadersandpolicy

makersfromtheparticipatingconstituenciesoftheGulf,IndiaandSouth-

EastAsiaand featuredpaneldiscussionson Industry, Infrastructureand

Energy. Expert panellists delved into a fascinating analysis of Industry,

financeandgovernmentinAsianeconomies;public-privatepartnershipsin

Infrastructure;andAsia’suniqueEnergystorybringingilluminatinginsights

toeachtopicofdiscussion.

PanelModeratorsincludedMrT.K.A.Nair-AdvisortothePrimeMinisterof

India-whoseknowledgeoftheprocessesofevolvingpoliciesandstructuring

projects at the Central Government level to bring mega infrastructure

projectstolifemadehispresenceasModeratoroftheInfrastructurepanel

acompellingone;DrTayebKamali–ViceChancelloroftheHigherColleges

ofTechnology,UAE–whobroughtabroaderandmorescholarlyfocusto

thediscussionsthatmadeaformalbusinessdiscussionmoreacademically

compelling; andMr Rajiv Luthra – one of theworld’smost sought after

lawyers,whoseinvolvementinstructuringsomeofthemostawardeddeals

acrosstheregionmakeshimanexpertontheEnergysector.

TheABLFexpertpanelofspeakersepitomisedsomeofthedefiningentities

intheregion’sbusiness-scape.Thegovernmentandprivatesectorofthe

UAE,India,Indonesia,OmanandQatarwererepresentedpowerfully.The

panellistswerepassionateaboutthecauseoftheirconstituency’srole in

Asia’sgrowingglobaleconomiccontext.MrNaveenJindal,themanbehind

the transformation of Jindal Steel and Power Limited into a world class

organisationthatgirdlestheglobe,heldforthontwosessions.Hissharp

rhetoricwaswellreceivedbytheaudienceandpressalike.

Leading Asian conglomerates represented were Kizad – the Abu Dhabi

Government’s Industrial Zone of the future; Etisalat - the Middle East’s

largest communication operator; Masdar - the Abu Dhabi government

and Mubadala’s pioneering renewable energy initiative; the Dodsal

Group-amulti-billiondollarEPCconglomerate;NTPCLtd-India’slargest

power company; PillsburyWinthrop ShawPittman - a lawfirmbased in

world’smajorfinancialcentres,withakeenindustryfocusontheenergy

andnaturalresources;PTSemenGresik-theforemostcementcompany

in South-East Asia; and IDFC Limited - India’s premier financial services

institutionfocusedoninfrastructure,whoweretheABLFLeadKnowledge

Partnersandanimportantassociateoftheevent.

The highlight of the Knowledge Congress was that all the 18 panellists

acrossthethreesessionsralliedaroundtheconsensusthatreiteratedand

emphasisedthevalueofeducationinbuildingcapacityanditsimpacton

industry, andmost importantly the need for timely investment in Asia’s

humancapitalthroughvocationaltrainingandeducation.

36|History-MakersoftheNewAsianCentury

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ABLFKEYNOTE ADDRESS

H.H. SHEIKH NAHAYAN MABARAK AL NAHAYANMINISTER OF CULTURE, YOUTH AND COMMUNITY DEVELOPMENT, UAEFORMER MINISTER OF HIGHER EDUCATION AND SCIENTIFIC RESEARCH, UAE

38|History-MakersoftheNewAsianCentury

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ABLF“HonourableMinister,KamalNath,Asianbusiness leaders,distinguished

guests, ladiesandgentlemen, it ismygreatpleasure towelcomeyou to

whatpromisestobealivelyandenlighteningforum.Iextendaveryspecial

welcometoHisExcellencyMinisterKamalNath.YourExcellency,welcome

to theUnitedArabEmirates. It is indeedanhonour tohaveyouwithus

today.YourvisitandyourparticipationatthisForumareclearindications

of the depth of friendship, trust, and cooperation that has long existed

betweenIndiaandtheUnitedArabEmirates.

Iamalsodelightedtoseesomanyleadersofbusiness,government,and

theacademygatheredtogetherforseriousdiscussionaboutleveragingthe

keydriversoftheglobaleconomy.Becauseyouaimtoanalyseandexplore

theintersectionofindustry,finance,andgovernmentinAsianeconomies,

thepropernatureofpublic-privatepartnershipsininfrastructure,andthe

long-termoutlookforenergyinAsia-becauseyouwilldoallofthatbefore

lunch,Ishallofferbutasingleobservation.

AstheverynameofyourABLFKnowledgeCongressimplies,youwillalways

be concernedwith themost fundamental driver of the global economy,

namely, education.Thebestoutcomeof yourdeliberations todaywould

be, I’msure,progressanddevelopmentforAsia,andIamalsosurethat

youhaverecognisedthewisdomofthisthought:“Educatingtheindividual

isacountry’smostvaluable investment. It represents thefoundationfor

progress and development.” Those are thewisewords of the President

of the United Arab Emirates, His Highness Sheikh Khalifa bin Zayed Al

Nahayan.HisHighness,theUAEVicePresident,PrimeMinister,andRulerof

Dubai,SheikhMohammedbinRashidAlMaktoumandHisHighnessSheikh

MohammedbinZayedAlNahayan,CrownPrinceofAbuDhabiandDeputy

SupremeCommanderoftheArmedForces,reinforcethePresident’sbelief

thatdevelopingaknowledge-basedsocietydependsfundamentallyonthe

“As the very name of your ABLF Knowledge

Congress implies, you will always be

concerned with the most fundamental

driver of the global economy, namely,

education.”educationofthenation’sindividualcitizens.Ignorancedoesnotgenerate

ausefuldiscussionofIndustry,Infrastructure,andEnergy.Theknowledge

andskills thatyoubringtothis forumrepresentyoureducation,both in

classroomsandintheworkplaceasyouhavedrawnonhabitsofthemind

acquired in formal education, habits that have allowed you to continue

learningevenasyouacquiredadditionalskillstogetthingsdone.

Asyou leaders in this roomknowbest, technologyandglobalisationare

wipingoutlower-skilledjobswhileatthesametimesteadilyraisingtheskill

levelrequiredfornewjobs.Eventhemostpromisinguniversitygraduates

willfalteriftheyarenotlifelonglearners.Andpeoplewithoutatleastsome

sortofpost-secondaryeducationaremostlikelytobecompetingonlyfor

the shrinking number of low-skilled jobs. They will probably contribute

WitnessAsiaRising|ABLFKnowledgeCongress|39

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ABLFverylittletothedevelopmentofaknowledge-basedsociety.Andthose200

millionchildrenaroundtheworld,manyoftheminAsia,whonowreceive

littleornoeducationatall,willbeanenormousdragontheglobaleconomy

andadreadfulstainontheconscienceofusall.

Citizenshabituallyidentifygovernmentsastheproviderofeducationforthe

bulkoftheirpopulations.Butthemeanssufficientandnecessarytodischarge

thatresponsibilityrarelymaterialiseunlesstheleadersofallendeavoursin

thecountryactivelyandcreativelysupporttheeducationenterprise.When

theyacknowledgethattheeducationoftheindividualistheircountry’smost

valuableinvestment,theywillactforthewell-beingoftheirsociety.Thatwell-

being,while sensitive, to economicmatters, involves something farmore

basic-theworthanddignityofeachpersoninthesociety.

A prominent thinker once defined true education as, and I quote, “An

inclinationjoinedwithanabilitytoservemankind,one’scountry,friends,

andfamily,inwhichabilityshouldindeedbethegreataimandendofall

learning.”Youinthisroomhaveappliedyourability,andtheresultofyour

learning, to the service ofmankind, your country, your family, and your

friends.Indemonstratingthetruthofmyobservationthatyouarealways

concernedwitheducation,evenasyoudiscussindustry,infrastructure,and

energy,youremindusthatyouarealsoconcernedwiththewell-beingof

allcitizens.Thatwell-beingrequiresthattheyallbeeducated,thattheyall

havetheabilitytoparticipateintheglobaleconomyandtoservemankind,

theircountry,theirfriends,andtheirfamily.

Educationisalsocrucialinourattempttodevelopglobalunderstandingand

buildpositiverelationshipsbetweenpeopleandcultures.Thateducation,

ladiesandgentlemen,istheworld’smostvaluableinvestment.

ABLF

H.H. Sheikh Nahayan Mabarak Al Nahayan with Minister Kamal Nath

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Ibelievethatthecurrenttimesandcircumstancesgivegreatimportanceto

thebroader,overarchingaspectofthereasonyouhavecometogetherin

thisforum.Irefer,ofcourse,tothefactthatthisisaLeadershipForum.You

arearemarkablearrayofoutstandingandimpressiveindividualswhohave

demonstratedtheimpactthatstrong,effectiveleaderscanhave.

YourchallengeinthisForumistoasktherightquestionsandfocusonthe

importantissues.ItisnowclearthatthefutureofAsianeconomiesrequires

constant structural changes. It is also clear that these changesmust be

accompaniedbyappropriatesocialpolicies,successfullocaldevelopment,

greater emphasis on ethical and transparent transactions, and wider

individualandinstitutionalparticipationinalleconomicactivities.

I am confident your Forumwill inspire thoughtful analysis and creative

approachestothesechallenges.Ilookforwardtoyourformalandinformal

discussionsabouthowtomaintainnationalandregionalprosperity,how

tostrengthentheprivatesectorandincrease itsparticipation innational

andregionaldevelopment,aswellasintheglobaleconomy,howtobuild

economic relations across our borders, how to take advantage of the

emerging and growing special place of Asia in theworld economy, and,

yes, how to develop the full potential of our human resources through

educationandtraining.

Your leadership is required to understand that future success in Asia

depends on our ability to innovate and create new knowledge, new

technologiesandnewproducts.Successdependsonbuildingrelationships

acrossboundariesandbordersandstrengtheningcooperationatalllevels.

IamconfidentthatthisForumwillhelpstrengthenAsianeconomies.Thank

you,andbestwishesforadayofimaginativeandproductivethinking.

“It is now clear that the future of Asian economies requires constant structural changes. It is

also clear that these changes must be accompanied by appropriate social policies, successful

local development, greater emphasis on ethical and transparent transactions, and wider

individual and institutional participation in all economic activities.”

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ABLFKEYNOTE ADDRESS

H.E. KAMAL NATHUNION CABINET MINISTER OF URBAN DEVELOPMENT; MINISTER OF PARLIAMENTARY AFFAIRS, GOVERNMENT OF INDIA

42|History-MakersoftheNewAsianCentury

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ABLF“Your Highness, and India’s great friend, besides beingmy great guide

andfriend,SheikhNahayan;ouradvisortothePrimeMinister,MrT.K.A.

Nair;distinguishedguests, Iamdeeplyhonouredandprivilegedhere in

the presence of His Highness Sheikh Nahayan. As we all know, Sheikh

Nahayanhas ledthetransformationoftheeducationsector intheUAE.

We,inIndia,havefollowedcloselywhathashappenedintheeducational

transformation in theUAE over the last decade and a half, and Sheikh

Nahayan, you rightly said, that while everything will happen - progress

willhappen-but thesoft infrastructureofeducationthateverycountry

needs,andyourleadershipinthishasbroughtintotheUAEeducational

institutionsfromallacrosstheworld.Idon’tthinkanycountryhassomany

educationalinstitutions,theirbranches,theircampuses,theirskills,their

talents,inonesingleplaceastheUAE.

IndiaandtheUAEshareaculturalandhistoricrelationship.It’snotjusta

relationshipoftradeorpolitics,butadeeplyembeddedrelationshipthat

IndiaandtheUAEhavesharedovercenturies.SoSheikhNahayan,weare

allgreatlyhonouredbyyourpresencehere,andyourightlysaidthatAsia

hastobethenewglobaldriveroftheworldeconomy.

Thepastishistory;wesawEuropeandtheUnitedStatesasenginesofthe

global economy. Today, this global economic architecture is undergoing

agreatchange,andit isherethatAsianleadershiphastoemerge.What

istheAsiaofthenextdecade?What istheAsiaofthenextcentury?Not

merelyintermsoftrade,butasarepositoryofintellectualstrength.Asia

hasnotgottoonlybeaconsumerof intellectualproperty,butithasgot

to be a producer of intellectual property. Asia has the intellectual and

entrepreneurialtalenttodothis.We’veseenthisgreattransformation;we

sawtheG8transformintotheG20.IntheG20therearesixAsiancountries

thatarerepresentedandthistransformationwillonlygainmomentum;this

transformationhastogainmomentumbecausethat iswherethefuture

lies.Weareseeingacontinuedcrisis inEuropeandtheUnitedStates;a

continuedcrisis-sometimeslesssometimesmore;butitisalwaysacrisis.

InAsia,wedidnot have a financial crisis. I always say that in India, the

banks give money to the government; the government does not give

moneytobanks.Thatisthebigdifference,anditisherethatAsia’sstrength

has emerged.Wehave large economies and small economies;wemust

recognisethat60percentoftheworld’syoungpopulationlivesinAsiaas

consumers.WemustrecognisethateveninIndia,thecountrythrowsup

15-20millionworkersintoitseconomyeveryyear.SoAsiaishometothe

largestaspirationalsocietyonthisplanet,anditisthisaspirationalsociety

thatAsiaisendowedwith,whichisgoingtobetheleadershipoftomorrow.

TheAsianBusinessLeadershipForumbrings togethernotonly togreet,

but also to meet, to engage, people from different fields and different

sectorsandaddsanewmomentumtotheintegrationofAsianeconomies.

Wearenotinterdependent,buteverybodyisinterconnected.Howdowe

interconnectmore?Whetheritisinfinancing,whetherinfinancialstructure

orgovernance,orinfinancialgovernance,regulatorygovernance,itisthis,

whichisgoingtobeveryimportant.

SobeforeIconcludeIwouldliketothankHisHighnessSheikhNahayanfor

hispresenceandfortheinspirationhebringsusall.

Thankyouverymuch.”

“Asia has not got to only be a consumer of

intellectual property, but it has got to be

a producer of intellectual property.”

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|HISTORY-MAKERSOFTHENEWASIANCENTURY|45

ABLF“In the past few years, intra-economic activities within Asia have gone up tremendously

whether it is in trade or also in investment. I think it is important for us to explore new

opportunities that will further bolster such economic relationships within the Asian

community. The ABLF provides a forum for such dialogue and can become the Davos

[World Economic Forum] of Asia.” H.E. GITA WIRJAWANMinister of Trade, Indonesia

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ABLFTHE INDUSTRY SESSIONTHEINTERSECTIONOFINDUSTRY,FINANCEANDGOVERNMENTINASIANECONOMIES

46|History-MakersoftheNewAsianCentury

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ABLFTheIndustrySessionanalysedthedynamicrelationshipbetweenindustryandgovernmentinAsiaandexploredtheroleAsiangovernmentsplayinprivate

sectorfinancing,innovationandtradeaswellastheireffortstoincreaseprivatesectoraccesstocapital.PanellistsexaminedtheroleofAsiangovernments

in fosteringandpromotingprivate sector innovationandbestpractice, anddiscussed strategiesusedacrossAsian countries tohighlight researchand

development. Thediscussionsaimed todiscover if existing legalprotectionsand incentive schemesacrossAsia are sufficient toencouragemeaningful

progression,anddiscussedtrendsinAsiafortradepolicyaswellasbarriers-of-entryandcurrencydynamicsthatinfluenceprivatesectordevelopment.

SESSION MODERATOR

DR TAYEB KAMALIVice Chancellor, Higher Colleges of Technology, UAE

“When we think about the numbers and look at the statistics, it is no doubt that Asia has become a force that has not only played a part in the past few years, but it will continue to play a bigger part in the grand scheme. The role of the government and the private sector, and the regulation that sometimes hinders or supports development, are some of the key challenges that we have to look for if we are going to go further as we move ahead.”

DrTayebKamali,ViceChancellorof theHigherCollegesofTechnology isa leader indevelopingandmanagingorganisational change.Aspartof

theseniormanagementteamoftheHigherCollegesofTechnologyhehasworkedtocreateaworld-leadingeLearninginstitutionthroughstrategic

implementationoflaptoplearningprograms,wirelesscampusinfrastructure,onlinelearningprogramsandknowledgemanagementprograms.Dr

Kamali’skeenunderstandingofthestructureandintricaciesofcorporatefunctioning,combinedwithhisskillsetsinstrategicvisionandplanningwere

leveragedattheABLFKnowledgeCongress.HebroughtabroaderandmorescholarlyfocustothediscussionsthathelpedthesessiononIndustry

makeaformalbusinessdiscussionmoreacademicallycompelling.

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PANELLISTS

“I think there should be a lot of integration between financial institutions to push down interest, so that they can create the capability to invest. Effectiveness of the regulation that can support capital building, specially in supporting research activity, is essential.”

DWI SOETJIPTOMrDwiSoetjiptoisPresidentDirectorofPTSemenGresik,thelargestcementproducingcompanyinIndonesia

withanannualcementproducingcapacityof17milliontonnes.SemenGresikaimstobecometheforemost

cementcompany inSouth-EastAsiabyproducingandtradingcementandotherrelevantproductswithan

orientationoncustomersatisfactionbyapplyingenvironmentally-friendlytechnology.

“Indonesia and other ASEAN countries need to be part of the production network, because the essence of modern business, in its future role, is the presence of a supply chain. It means that greater corporation among the Asian countries - South-East Asia, South Asia and also East Asia - becomes very important, as every country is interdependent on the growth of each other. One way to improve the production network, in order to boost the industry’s performance, is improving the investment climate..”

DR M. CHATIB BASRIDrM.ChatibBasriistheChairmanofBKPM,theInvestmentCoordinatingBoardoftheRepublicofIndonesia.

Astheprimaryinterfacebetweenbusinessandgovernment,BKPMismandatedtoboostdomesticandforeign

directinvestmentbycreatingaconduciveinvestmentclimate.Theagencyworksasaproactiveadvocatefor

investmentsaswellasamatchmakerforinvestors.

INDUSTRY SESSION

ABLF

48|History-MakersoftheNewAsianCentury

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INDUSTRY SESSION

“The three pillars – access to market, low operating costs, and ease of doing business – are key fundamentals and ones that we can deliver in Asia, in a growing population.”

ALEXANDER HAEXMrAlexanderHaexistheVicePresidentofBusinessDevelopmentatKizad,thelatestindustrialzoneproject

inAbuDhabi.With itsenormoussizeandstrategicallyplannedapproach,Kizad isset tobecomeahubfor

manufacturing,logisticsandtradeacrossanumberofsectors.

“The speed of reform has to be equivalent to the addition to the labour force. If the people added to the labour force every year don’t get employed, it clearly causes social issues in the economy; I think that becomes the key driver for policy initiatives.”

NAVAL BIR KUMARMr.NavalBirKumaristheViceChairmanofIDFCMutualFund.Hewasoneofthekeymembersresponsiblefor

establishingtheMutualFundbusinessforANZGrindlaysinIndiaandhasledthecompanysinceitsinception.

TheCompanywassubsequentlyacquiredbyStandardCharteredinJuly2000andbyIDFC,IndiainMay2008.

“Capacity building is extremely important; we have a huge amount of youth, but if they are not going to be trained properly, then they are not going to be able to contribute to the economy, to the country. There are a whole of opportunities, a whole lot of unmet demands, and a whole lot of unemployed youth. At industry level, our responsibility it to bring these together.”

NAVEEN JINDALMrNaveenJindalistheChairmanofIndia’sleadingsteelproducersJindalSteelandPowerLtd.Withanannual

turnoverofUS$3.5billion,JindalSteel&PowerLimitedhasasignificantpresenceinsectorslikemining,power

generationandinfrastructure.Amanofmyriadtalents,MrJindalisacrusaderfortheIndiannationalflag,an

advocateofwomenandchildrights,aphilanthropist,aparliamentarian,apolitician,asuccessfulindustrialist,

andasportsmanparexcellence.

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ABLFTHE INFRASTRUCTURE SESSIONDEFININGPUBLIC-PRIVATEPARTNERSHIPSININFRASTRUCTURE

50|History-MakersoftheNewAsianCentury

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ABLFThe Infrastructure panel explored the symbiotic relationship between public-private entities and their impact on the development of infrastructure in

successfuleconomies.Thedynamicsector’srapidprogressasitadaptstothechangingbusinessenvironmentisagamechangeratseverallevels,impacting

everythingfromtechnologyinnovationtofinancingandpolicy.Thepanelhighlightedtheimportanceofinclusivegrowthandthebenefits,challengesand

opportunitiesofpublic-privatepartnershipsintheinfrastructureindustry.Panellistsexaminedthecatalyststhatspureconomic,technologicalandpolitical

changeandshowcasedcasestudiesthatprovethataglobalfinancialcrisisdoesnotlessentheneedforinfrastructureimprovements.

SESSION MODERATOR

MR T.K.A. NAIRAdvisor to the Prime Minister of India, Dr Manmohan Singh

“For promoting and fostering faster, more inclusive, more sustainable growth and development, the main thing is infrastructure. Without infrastructure development no substantial progress in any sphere can be expected in any part of the world, particularly in the emerging Asian economies.”

RetiredfromtheIndianAdministrativeServicesin1997,MrNairisthemostseniorandwellknownbureaucratinthePrimeMinisterofIndia’sOffice.He

wasalsoSecretarytoformerPrimeMinistersI.K.GujralandAtalBihariVajpayee.AsPrincipalSecretary,MrNairwasthebackboneofthePrimeMinister’s

Officeforoversevenyears.HisknowledgeoftheprocessesofevolvingpoliciesandstructuringprojectsattheCentralGovernmentleveltobringmega

infrastructureprojectsto lifemadehispresenceasmoderatoroftheInfrastructurepanelacompellingone.MrNairhelpedweavetheomnipresent

governmentpolicy-infrastructureequationintothepaneldiscussion.Hedrovethepanelliststofocusontheimportanceofinfrastructureintheemerging

economyofIndiaandtheroleofthegovernmentandprivatesectorinsupportingeconomicgrowthatnationalandinternationallevels.

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“Partnership is great, but we need to understand how it works. Looking at the legislation here, there is not enough legislation in the UAE or GCC to cater for a PPP project.”

FATIMA AL JABERMsFatimaAlJaber,COOandExecutiveDirectoroftheAlJaberGroup,UAE,overseestheoperationsofmorethanfifty

entities,jointventuresandprojectvehicles,spanningdiverseindustriesfromcivilconstructiontomanufacturing,trading

andlogistics.Astaunchadvocateofwomen’srightsintheUAE,MsJaberhasplayedanintegralroleinraisingtheprofile

ofArabwomeninbusinessandisthefirstfemalemembertositontheBoardoftheAbuDhabiChamberofCommerce.

“In Asia we have seen that growth preceded infrastructure. Since growth happened before infrastructure development, we have a huge infrastructure deficit and that is one of the biggest threats to the growth of Asian economies.”

H.E. KAMAL NATHFORUM CHIEF CHAIRH.E.KamalNathisIndia’sMinisterofUrbanDevelopmentandParliamentaryAffairs.Toaddressthegrowing

urbaninfrastructurechallengeinIndia,MinisterNathaimstocreateeconomicallyvibrant, inclusive,efficientand

sustainableurbanhabitats.AsMinisterofParliamentaryAffairs,heisresponsibleforthesmoothconductofbusiness

inboththeHousesofParliament.

PANELLISTS

“The real problem today is not the awareness, or the capital, because at the end of the day there is enough available; the highest savings rates in the world today are in the very regions where you need infrastructure. What is really missing, and what a single forum has never mentioned, is the attitude to get it done.”

RAJEN KILACHANDMrRajenKilachand,ChairmanandPresidentof theDodsalGroup,UAE,has takenhisorganisation fromaUS$200

millionmulti-retail interest company toaworld-classmulti-billiondollar group. A leading company inEngineering,

ProcurementandConstructionsector,ithasdiversifiedtoencompassbusinessesthatincludeTradingandDistribution;

Exploration&Production,CasualDiningRestaurantsandManufacturing.

INFRASTRUCTURE SESSION

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INFRASTRUCTURE SESSION“How the risk is apportioned and who bears which risk is the challenge of any PPP, be it in infrastructure or telecommunications.”

KAMAL SHEHADIDrKamalShehadi, inhiscapacityasEtisalat’sSeniorVPforRegulatoryAffairs, isresponsibleforstrategicregulatory

engagementatgrouplevel.HeisalsoresponsibleforoverseeingtheperformanceofEtisalat’soperatingcompanies’

regulatoryactivities,andidentifyingregulatoryorpublicpolicyopportunitiestocreatevalue,managingregulatoryrisk.

EtisalatistheMiddleEast’slargestcommunicationoperatorandtheGCC’sthirdlargestcorporation.

“What it all drains down to is education and awareness. In infrastructure, PPP has to be understood by both the private and public, the success of that can only be achieved through education. I think we are yet to invest heavily into the educational infrastructure”

SHEIKH ABDUL AZIZ AHMED SULTAN AL HOSNISheikhAbdulAzizAhmedSultanAlHosni,ViceChairmanoftheOman-basedQurumBusinessGroupalsoservesasChief

ExecutiveOfficerandIndependentExecutiveOfficerofNationalSecuritiesCo.SAOG.HehasalsoservedasChairman

andDirectorofNationalGasCompanySAOGandasDeputyChairmanatNationalSecuritiesCo.SAOG.

“There have to be attractive returns. Some of the PPP projects are high-risk opportunities and unless there are attractive returns, such projects will fail to attract investments. There also needs to be a political consensus when it comes to building infrastructure.”

NAVEEN JINDAL

“We have to find a way where people can come together and figure out a framework in which the execution challenges are minimised and therefore the risk-reward equation for the private sector is more balanced in order to get infrastructure development expedited in the country.”

VIKRAM LIMAYE MrVikramLimaye,ManagingDirectorandCEOofIDFCLimited,India,hasover25yearsofexperienceworkingwith

globalinvestmentbanks,internationalcommercialbanksandglobalaccountingfirms.PriortojoiningIDFC,MrLimaye

servedCreditSuisseFirstBoston in theUSA inavarietyof roles in investmentbanking,capitalmarkets, structured

financeandcreditportfoliomanagement.

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SESSION MODERATOR

MR RAJIV LUTHRAFounder & Managing Partner, Luthra & Luthra Law Offices, India

“Based purely on statistics, when you look at the history of nuclear power in the world and the number of accidents, and I’m not condoning even one death, the statistics really speak for themselves. Why this huge concern about safety?”

MrRajivLuthraheadsoneof India’s foremost lawfirms-Luthra&Luthra,whichspecialises intax,regulatoryandcompliance laws.Hehasbeen

recognisedforhisoutstandingcontributioninthecategoryof‘GlobalPFI/PPPDeals’andisamongstthebestintheAsia-PacificProjectFinanceleague

tablesbytheDealogicGlobalReview.ListedasaleadingbusinesslawyerinChambersGlobalLeadingLawyers,Legal500andPracticalLawCompany,

MrLuthraisaregularcommentatoronlegalandeconomicissues.HisportfolioincludesextensiveworkintheEnergyarena,makinghimanauthority

onthesubject.MrLuthrahighlightedthebusinessandlegalangleoftheKnowledgeCongressbysharinghisexpertiseoncorporatelawandthelegal

intricaciesinvolvedinthefieldofEnergy.Hislegalprowessandknowledgetiedinwithhisexperienceacrossthevariousenergymarkets,aswellashis

involvementinstructuringsomeofthemostawardeddealsacrosstheregionmakeshimanexpertontheEnergysector.

TheEnergypanelanalysedthelongtermenergyoutlookinAsia;oil,gasandcoalmarketsinAsia;demandandsupplyofrenewablegreenenergyinAsia;

energyeconomics;andfinanceandlegalaspectsofthisincreasinglyrelevantsector.Thesessionincludedprofessionalsandcompaniesfromthedynamic

worldofpowermarketswhoofferedtheirinvaluableinsightandlearningfromthechallengesofthevariousenergyresourcesinAsia.Inadditiontooiland

gas,thepanelalsotoucheduponthestrongfootholdthatnuclearenergyistakinginAsiannationstomeettheincreasingdemandforelectricity.

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PANELLISTS

“Energy is an important thing, but we need to diversify energy sources, be innovative in all aspects of the spectrum, from wind, wave, nuclear to coal, gas, and make it safe and cleaner and more reliable, not only for us, but also for future generations.”

ESSA ABDULLAH AL GHURAIRMrEssaAbdullaAlGhurair,ViceChairmanofAlGhurairInvestment,UAE,isalsotheDeputyChairmanofLERCO,

holdingextensiveexperienceinmanagingindustrialassetsandtradingofcommoditiesininternationalmarkets.

MrGhurairhasbeenthemaindriverofAlGhurairInvestment’sentryintotheenergysectorandhasbeenactively

involvedastheViceChairmaninthemanagementofTRASTAEnergyLimited,theGroup’svehicleforinvestment

intoenergyandpowersector.

“Will Fukushima stop nuclear power? I think the answer to that is a clear no.”

STEPHEN HUTTLERMrStephenHuttlerisSeniorPartneratPillsburyWinthropShawPittman,afull-servicelawfirmwithakeenindustry

focusontheenergyandnaturalresources,financialservices,realestateandconstruction,andtechnologysectors.

Basedintheworld’smajorfinancial,technologyandenergycentres,Pillsburycounselsclientsonglobalregulatory,

litigationandcorporatematters.

ENERGY SESSION

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ENERGY SESSION

“We should be looking at the true cost of energy. It is not just about nuclear accidents, but also about the true cost of cumulative pollution over many decades, and the pollution that we are looking at in prospect over the next 20 or 30 years. So true cost in all aspects - the cost of funding, the cost of financing, the cost of pollution, the true cost where the subsidy lies across the whole industry.”

TREVOR NASHAsChiefOperatingOfficeratMasdarinAbuDhabi,MrTrevorNashhasresponsibilityforMasdarCapital,Masdar

Power,MasdarCarbon,andMasdarCity.LaunchedbytheAbuDhabi leadership in2006,Masdaraimstobe

aglobal leaderincommercially-viablecleanenergyandsustainabletechnologies,andtosecuretheEmirate’s

continuedleadershipintheevolvingglobalenergymarket.

“Nuclear is a long term sustainable strategy to de-risk ourselves from the reliability security concerns of oil and gas.”

M.K. SINHAMrM.K. Sinha is theManaging Partner and CEO of IDFC Alternatives Limitedwhich is the Alternative Asset

ManagementbusinessverticalatIDFCwithUS$2.2BNfundsmanagedacross3AssetClasses–PrivateEquity,

Infrastructure&RealEstate.Hehasover22yearsofinternationalexperienceinprivateequity,projectfinance,

corporatefinanceandinvestmentbanking.PriortojoiningIDFC,MrSinhaworkedwithGECommercialFinance

intheStructuredFinanceGroup,theBankofAmericaandSBICapitalMarketsinIndia.

“India is more dependent on thermal energy, which forms a part of the energy basket. We are looking into renewables and there is a lot of focus by the government on that. In the coming years, a lot of renewable energy in solar, wind, biomass and others will be developed in a major way.”

M.K.V. RAMARAOMrM.K.V. Ramarao is the ExecutiveDirector ofNTPC Ltd, India’s largest power company, set up in 1975 to

acceleratepowerdevelopmentinIndia.Itisemergingasan‘IntegratedPowerMajor’,withasignificantpresence

in theentirevaluechainofpowergenerationbusiness.NTPCranked337th in the ‘2012,ForbesGlobal2000’

ranking of theWorld’s biggest companies.With a current generating capacity of 39,174MW,NTPC plans to

becomea128,000MWcompanyby2032.

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ABLFTHE ABLF COLUMNLEADERS SPEAK

DR RAJIV LALLEXECUTIVE CHAIRMANIDFC LIMITED, INDIA

On the dynamics of infrastructure development in the progress of a

country

Infrastructure is key. You cannot, in the 21st century, expect to deliver

superiorsustainablegrowth,unlessyouhavecoreinfrastructureinplace.

Thereisalotoffocusandattention,asthereshouldbe,onreducingpoverty

levels all acrossAsia, andoftenpeople donot associate infrastructure

developmentwithpovertyreduction.But infact,thebuildingofquality

infrastructure is absolutely key to delivering inclusion and reducing

poverty. Unless you have functional rural roads, farms and farmers

cannot be connected to the market. Unless you have a sophisticated

telecominfrastructure,ruralcommunitiesaretotallydisconnectedfrom

therestofthecountry.Sofindingsolutionstoimprovingthequalityand

penetrationofinfrastructureservicesisabsolutelyimperativenotjustfor

developmentandgrowth,butalsoforpovertyreduction.

On Public-Private Partnership (PPP) framework and infrastructure

The PPP framework for building and maintaining infrastructure is a

challenging one, but is also one full of possibilities and promise. The

PPP theory essentiallymeans that you take advantage of the superior

efficiency,managementskillsandtechnicalexpertiseoftheprivatesector

tobuildthe infrastructure,whichotherwisethegovernment,thepublic

sector,wouldhavetobuildbyitselfanditwouldtakemuchlongerandin

factbeatmuchhighercost.

Dr Lall straddles the policy-making and finance worlds. He has about three

decades of experience with leading global investment banks, multilateral

agencies and in academia. He chairs the Global Agenda Council on Infrastructure

of the World Economic Forum, as well as the Infrastructure Council of the

CII (Confederation of Indian Industry). His areas of expertise include project

finance, private equity/venture capital, international capital markets, trade, and

macroeconomic policy issues with a focus on emerging markets.

DR RAJIV LALL ON THE ABLF SERIES

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ABLFHowever, inpractice, thesekindsof contracts are verydifficult to craft

sinceriskshavetobeallocatedandresponsibilitieshavetobeproperly

identified.There couldbe instanceswhen thegovernment isunable to

advocate land on time,which in turn causes project delays, escalating

costsandthusaffectingthereturnfortheprivatepartner.Likewise,there

couldbeatendencyfortheprivatesectortomaximisetheirreturn,which

can lead themat times tocut cornersonqualityandsoon.Hence the

governmentneedstohaveclearrulesestablished.ForanyPPPprojectto

besuccessful, it requiresadegreeofmaturityandsophistication,both

on thepart of government and its ability to regulate andmanagebid-

outcontractsinafairandtransparentmanner,andtheprivatesector,to

behaveinaprofessionalmannerandnotfocusverynarrowlyjustonits

commercialinterests.

On the PPP model in India’s infrastructure story

ManypeoplearenotfullyawarethatIndia,today,isthelargestPPPmarket

anywhereintheworld,becauseinIndia,thegovernmentdoesnothave

thefiscalresourcestoinvestintheinfrastructurespacetotheextentthat

the countryneeds. So it is important forus to inviteprivate capitalon

ahugescaletohelpdevelopinfrastructure. Ifyoutakearoadprogram

for example, or the energy sector, particularly power generation, the

scaleofprivateparticipationisunparalleled.Andthisisinacountrythat

sinceindependenceisusedtoaneconomicmodelwhichwascompletely

public sectordriven.Afterover60years,wehavenowshiftedgears in

such a dramatic fashion to a completely different approach. Hence it

is not surprising thatwehave growingpains. But I am sure the Indian

experimentwillbesuccessful.Itwilltaketimebutwewilllearntheright

lessonsfromthemistakeswehavemade.

On India and its stance in the Asian chart

ThesharpestcontrastinAsiaintheinfrastructurespaceisbetweenIndia

andChina.India’sinfrastructuredevelopmentboomoverthelastdecade

or sohasbeen ledby theprivate sector. In theeleventhfive-yearplan

for India, the target investmentoverafiveyearperiod,2007-2012,was

500billiondollarsat2007prices.Nobodythoughtthiscouldbedone.It

turnsoutthatat theendofthisplan,wehaveactually investedalmost

97%ofthoseUS$500billion.Initially,theprojectionwasthatabout20%

ofitwouldcomefromtheprivatesector,80%wouldbeinvestedbythe

publicsector.Inreality,whathashappenedisthatalmost40%hascome

fromtheprivatesector,andonly60%fromtheGovernment.InChina,it

isbasicallyastate-ledmodel,hencethere isavery interestingcontrast

betweenthetwocountries.

WhatIndiahastoshareintermsofitsexperiencewiththerestofAsiaisthe

lessonslearnedfromprivateparticipationininfrastructuredevelopment

onsuchagrandscale.Also,thisinfrastructureboominIndiahashelped

nurtureanewgenerationofincreasinglysophisticatedlocalconstruction

companies. These companies have superior quality engineering and

services, and hence have a lot to offer to our friends, partners and

neighborsintheMiddleEast,especiallyintheUAEandQatar,astheyare

investingheavilyindevelopingtheirowninfrastructure.

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H.E. Salman Al Farisi Ambassador of the Republic of Indonesiato the UAE

H.H. Sheikh Nahayan Mabarak Al Nahayan Minister of Culture, Youth and Community Development, UAE

H.E. M.K. Lokesh Ambassador of India to UAE

H.E. Abdulraheem Hasan NaqiSecretary GeneralFederation of GCC Chambers, KSA

Mr T.K.A. NairAdvisor to the Prime Minister of India

H.E. Kamal NathMinister of Urban Development andParliamentary Affairs, India

Dr Tayeb KamaliVice Chancellor Higher Colleges of Technology, UAE

H.E. Mohamed Helal Al MuhairiDirector GeneralAbu Dhabi Chamber, UAE

Dr M. Chatib Basri Chairman, BKPM, Investment Coordiantion Board, Indonesia

Mr Rajen Kilachand Chairman and PresidentDodsal Group, UAE

Dr B.R. ShettyCEO & Managing DirectorNMC Group, UAE

Mr Naveen JindalChairmanJindal Steel and Power Ltd, India

Dr P. Mohamed Ali Vice Chairman & Managing DirectorGalfar, Oman

Mr Yusuff Ali M.A.Managing DirectorEMKE Group, UAE

Mr Rajiv LuthraFounder & Managing PartnerLuthra & Luthra Law Offices, India

Ms Malini N. MenonManaging DirectorIndian Expressions, UAE

FORUM DELEGATES

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Mr Essa Abdulla Al Ghurair Vice ChairmanAl Ghurair Investment, UAE

Mr Dwi SoetjiptoPresident DirectorPT Semen Gresik, Indonesia

Mr Trevor NashCOOMasdar, UAE

Mr Stephen HuttlerSenior PartnerPillsbury Winthrop Shaw Pittman, USA

Mr Vikram LimayeManaging Director & CEOIDFC Limited, India

Mr Naval Bir KumarVice ChairmanIDFC Mutual Fund, India

Mr M.K. Sinha Managing Director and CEOIDFC Alternatives Ltd, India

Sheikh Abdul Aziz Ahmed Sultan Al Hosni Vice ChairmanQurum Business Group, Oman

Mr M.K.V. Ramarao Executive DirectorNTPC Ltd, India

Dr Bharat Butaney President, Indian Business andProfessional Council, UAE

Dr Kamal Shehadi Senior Vice President Regulatory Affairs,Etisalat, UAE

Mr Alexander Haex Vice President, Business DevelopmentKizad, UAE

Ms Fatima Al Jaber COO and Executive DirectorAl Jaber Group, UAE

Mr Mohan JashanmalChairmanJashanmal National Company, UAE

Dr Ram BuxaniGroup PresidentITL-Cosmos, UAE

Mr Syed M. Salahuddin Managing DirectorETA Ascon Star, UAE

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Eng. Baha Mohammed Ridha AllawatiSenior Manager International Roaming & Caretaker Oman Telecommunications Company, Oman

Dr Indra Darmawan Director of Sectoral PromotionIndonesia Investment Coordinating Board

Mr Nikhil KilachandVice ChairmanDodsal Group, UAE

Mr Anil BhardwajDirectorA. A. Almoosa Enterprises (The Arenco Group), UAE

Mr Heru SudradjatActing Consul General of the Republic of Indonesia, UAE

Mr Obaid Al Shamsi Counsel, Energy GroupPillsbury Winthrop Shaw Pittman, UAE

Mr Stephen JurgensonPartner Pillsbury Winthrop Shaw Pittman, UAE

Mr V.R. Sharma MD & CEO Steel Business Jindal Steel & Power Ltd, India

Mr Venkat DharanirajHead, Special ProjectsHigher Colleges of Technology, UAE

Mr Chayo PuronomoHead of Indonesia InvestmentPromotion Centre (IIPC), UAE

Mr Rajesh BhatiaChief Financial Officer Global Ventures Jindal Steel & Power Ltd, India

Mr S.N. Sahai Managing Director & Chief ExecutiveDIMTS, India

Mr Prashant K. GulatiCEOOptimistix Ventures, UAE

Dr Janakiraman Moorthy Director Institute of Management Technology, UAE

Mr Shamsuddin Bin Mohiyuddin DirectorRegency Group, UAE

Mr Hameed SalahuddinDirectorETA Ascon Star, UAE

FORUM DELEGATES

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Mr Himawan HariyogaDeputy ChairmanInvestment Coordianting Board, Indonesia

Mr Prasad KattaRegional Director, Middle East and AfricaWestern Union, UAE

Mr Ashish Mehta Managing PartnerAshish Mehta & Associates, UAE

Mr Surinder Singh

Mr Raees Khalil

Mr Salim M.A.DirectorEMKE Group, UAE

Mr George Edward Group Corporate CommunicationEtisalat, UAE

Mr Manoj PrasadCEO and Managing DirectorSignature Capital PTE, UAE

Mr Kabeer JalaluddinChairman & Managing DirectorDelta Group, UAE

Mr S.M. Syed KhalilChairman and Managing DirectorJashanmal Group - Gulf

Mr Nasser Bin AboudGroup Chief Government Relations OfficerEtisalat, UAE

Mr Mohamed H. Al MehairbiHead of Delegation Section Abu Dhabi Chamber, UAE

Mr Zakariya S. Al GhassaniChairmanSEERABEECE, Oman

Mr Mohamed Al NeaimiExecutive Director, Business & Comm.Abu Dhabi Chamber, UAE

Mr Abdul Rahman SiddiquiCFOMediaQuest, UAE

Mr Rashid A.W. GaladariChairmanGaladari Investment Office, UAE

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“The ABLF is an excellent platform for business and policy leaders to share their experiences and to discuss how best to promote economic and social development through the business intervention and with support of the Government. I therefore welcome this initiative and am happy to be a part of it.”

- T.K.A. NAIR Advisor to the Prime Minister of India

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ABLF KNOWLEDGE CONGRESSPHOTO GALLERY

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“This is going to be a very powerful platform for the years to come and I look forward to being part of it as we move forward.”

- DR TAYEB KAMALIVice Chancellor, Higher Colleges of Technology, UAE

“Events like the ABLF help in bringing together like-minded entrepreneurs, business leaders, government policy-mak-ers and civil society representatives from Asia on the same platform to share ideas. Asia is really the engine of eco-nomic growth at this point in time in the global economy and as the world goes through one crisis after the other, the importance of this region becomes critical.”

- ANITA MARANGOLY GEORGEDirector, Infrastructure,

International Finance Corporation (IFC)

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“The ABLF event is a very important event given the fact that Asia is expected to lead the economic growth and play a very important role in the coming years. I thank the organisers for taking this initiative and gathering so many prominent people who really shared their experiences, which will really help the countries in the region to plan and move ahead.”

- H.E. M.K. LOKESHAmbassador of India to the UAE

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EVENT SETUP

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“It is a great pleasure to be here at the ABLF conference because this is a forum where we can exchange information about the in-numerable business opportunities”

- DR M. CHATIB BASRI Chairman

BKPM – Indonesian Investment Coordinating Board, Indonesia

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ABLF

“The ABLF Series has done a wonderful job; it is the appropriate time and the venue is excel-lent. All the speakers presented themselves well and good points were discussed. I congratulate Indian Expressions.”

- DR B.R. SHETTYCEO & Managing Director

NMC Group, UAE

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ABLF

“The Knowledge Congress is a great initiative with the captains of our in-dustry joining together to have a fruitful dialogue. I attended the first event that happened a few years ago, and when the organiser told me there was another one happening in Dubai, I was very keen to participate.”

- FATIMA AL JABER

COO and Executive Director, Al Jaber Group, UAE

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“I am a great admirer of the Asian Business Leadership Forum. The profile of companies that they bring in and the opportunities they pro-vide to meet people, network and exchange views, makes it a great fo-rum to be in.”

- DR P. MOHAMED ALI

Vice Chairman & MDGalfar, Oman

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74

RAJIV LUTHRAFOUNDER & MANAGING PARTNER

LUTHRA & LUTHRA LAW OFFICES, INDIA

Ace lawyer, Mr Rajiv Luthra is a legend in Indian corporate law, specialising

in tax, regulatory and compliance laws. His firm, Luthra & Luthra, has been

recognised for its outstanding work in the category of ‘Global PFI/PPP Deals’

and as the best in the Asia-Pacific Project Finance league tables by Dealogic

Global Review. Mr Luthra has been nominated by the Planning Commission

of India to an expert panel to formulate a ‘National Competition Policy’ for

the 11th Five Year Plan. He is listed as a leading business lawyer in Chambers

Global Leading Lawyers, ILFR 1000, Asia Law, Legal 500 and Practical Law

Company.

“India’sGDP grows by just 5.5 percent in the secondquarter of 2012.”

“FITCH maintains its negative outlook on the Indian infrastructure

industry.”“S&PstatesthatIndiamaybethefirstBRICcountrytoloseits

investmentgrade.”

Itmayhavegoneunnoticed,but theGDP forRussiaandBrazil roseat

4.0percent and 0.5percent respectively when India’s GDP grew at

5.5percent.ItcanbearguedthatChina’sGDProseat7.6percentinthe

sameperiod,butthen,isn’tthatasmallpricepaidforlivingintheworld’s

largestdemocracy?Hence,onthecontrary,theIndiangrowthstoryhas

justbecomemorerealisticbutisfarfromover!

Besidesbeingimpactedbyvariousinternationalissues,theIndiangrowth

storyhasbeenheavilyimpactedbyseveraldomesticfactors,acrucialone

beingtherequirementforbetterandimprovedinfrastructure.Whilethe

aviationsectorhasbeenbattlingwiththeprohibitiononforeigncarriers

frominvestingindomesticairlines,thedualdichotomyoflandacquisition

and obtaining forest and environmental clearances has adversely

impactedseveralprojects.

Nonetheless, it cannot be overlooked that the government has taken

concretestepstoboosttheinfrastructurespace.Governmentledinitiatives

such as the IIFCL sanctioned INR 40,373 crore to 229 projects under

direct lending(asofMarch31,2012).Toencourageretail investment in

infrastructure,theUnionBudget2012-13proposedtodoubletheamount

raisedthroughtaxfreebondsforfinancinginfrastructureprojects.

LEADERS SPEAKIS THE INDIAN GROWTH STORY LOSING ITS SHEEN?

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ABLFRealising the need for cost efficient funds, the guidelines for external

commercial borrowings have been liberalised, now permitting the

availment of ECBs for incurring capital expenditure to maintain and

operatetollsystemsforroadsandhighways,meetingtheworkingcapital

expensesofthecivilaviationsectorandprovidinginfrastructurefacilities

inNationalManufacturingInvestmentZones.

In addition to making efforts for providing funds to the sector, as a

part of the big bang reforms announced on September 14, 2012, the

government has liberalised the much awaited FDI in aviation upto

49percent.InthePOSCOproject,IIDCOhassuccessfullyacquired2,000

acresofthetotal2,700acresof landrequiredforthefirstphaseofthe

project. The PMO eased the norms for transfer of government owned

landsforspecificprojectsbydispensingawaycabinetnodforthesame.

Similarly,itisproposedtoestablishaProjectClearanceBoardunderthe

CabinetSecretary,withtheobjectiveofestablishingan institutionalised

mechanismforissuingclearancesinatime-boundmanner.

Further,althoughtheretrospectiveamendmentstotaxlaws,proposedby

thegovernmentmayhavereducedinvestorconfidence,thefactthatthe

governmentwillnot re-opencaseswhereassessmentproceedingshad

beenfinalisedbeforeApril1,2012coupledwiththefactthattheShome

committeehasalsobeenaskedtoreviewthisretrospectiveamendment

hasgivenhopethattheimpactofthisamendmentmaybediluted.

The intent of the government and the opportunity for the investors is

there.Itisnowaquestionofwhentheintentwillturnintospeedyaction

to enable investors to encash that opportunity and realise the true

potentialofIndia.

“Besides being impacted by various

international issues, the Indian growth

story has been heavily impacted by

several domestic factors; a crucial one

being the requirement for better and

improved infrastructure.”

ABLF

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76

ItiswellrecognisedthattheGulf,andthewiderMiddleEast,hasayoung

and fast growingurbanpopulation.Andwith growth, it shouldbealso

wellrecognised,therecomesneed–theneedforinfrastructuretodeliver

servicestothisyoungandfastgrowingpopulation.

The current economic background of Asia, notwithstanding the rest of

theworld,issuchthatthereareincreasinglyconstrainedpublicbudgets.

Governments still need to find solutions to deliver onprojects relating

to transportation,utilities,educationandhealthcare.How theydo this,

though,remainschallengingforthegovernmentitselfandthecompanies

reliedupontoactuallyconstructtheinfrastructure.

Theembedmentofasuccessfulpublic-privatepartnershipmodelinthe

MiddleEastandsupportingregulatorysystemmayovercometheseissues.

Butthesuccessofthismodelrequireschange.Itcanbearguedthatthere

havebeenmanypositivestoriesofprivateinfrastructuredevelopmentin

theregion.TheUAE,OmanandSaudiArabiahavedeliveredpowerand

water sector projects utilising significant private investment. These are

generallytheresultofwellorganisedandcompetitivebiddingprocesses,

which have led to low-cost independent plants built to schedule and

budget,passingonrealrisktotheprivatesector.

But undertaking a PPP is not yet smooth sailing in the region. It is

acknowledged that most issues arising on PPPs are not unique to

Asia. Regional factors do play a part and PPP stakeholders need to be

addressing these inorder tofindasolution todeliveringmuch-needed

FATIMA AL JABERGROUP COO & EXECUTIVE DIRECTOR

AL JABER GROUP, UAE

At Al Jaber Group, Ms Fatima Al Jaber oversees the operations of more than fifty

entities, joint ventures and project vehicles, spanning diverse industries from

civil construction to manufacturing, trading and logistics. A staunch advocate

of women’s rights issues in the UAE, Ms Jaber is the first female member to sit

on the Board of the Abu Dhabi Chamber of Commerce and Industry. One of the

UAE’s foremost opinion leaders, Ms Jaber has played an integral role in raising

the profile of Arab women in business.

LEADERS SPEAKFAST GROWING POPULATIONS, FAST NEEDED INFRASTRUCTURE

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ABLFpublic infrastructure. PPPs require commitment from their backing

government. Aligning required governmental departments to support

thePPPprocess,keepingallstakeholdersinformed,andeducatingthem

where necessary on PPP matters is critical. India has done this well,

establishing theMinistryof Financebacked ‘PPP in India’ framework to

provide a centralised government agency to encourage, support and

overseetargetedsectorPPPs.

OthercountriesthathavesucceededatimplementingthePPPmodelhave

donesoforthesamereasons.Theyhaveimplementedacomprehensive

PPP programme – covering legislative, regulatory and procedural

requirements and obligations of stakeholders. They have formulated

a central PPP agency, mostly reporting at a ministry-level, to provide

the public-side’s capability of planning for complex project structuring,

bidding and evaluation processes. Statutory frameworks which clearly

articulate stakeholder obligations appear to circumvent the normal

problemsassociatedwithPPPs,whichgenerallyrelatetomultipleparties,

multiplegovernmentaldepartmentsandprojectplanning.

Insuch instances,private investorsaremore likely tobeenticed intoa

PPP structure, rather than jittery about where theymight stand if the

projectdoesn’tplayoutasexpected.

Directlyrelativetothisistheprocessofriskallocation.Notwithstanding

the complexities regulatory risk, in PPPs, a balance must be struck

between the public and private sectors. An unrealistic expectation

of risk allocation can lead to the infeasibility of a project for a private

sector participant, andmore likely, a complete lack of willing bidders.

Onceaprivatesectorbidderissecured,theissueforPPPsthenbecomes

financing.Withanon-goingfinancialcrisisandlimitedgloballiquidity,the

huge, complex infrastructure projects to be developed in a PPPmodel

requireconsiderablefinancing.

Asiangovernments clearlyacknowledge theyareunable to continue to

fundtheexpansionanddevelopmentofregionalinfrastructure.AndPPPs

havepreviouslydemonstratedthattheycan,whenproperlystructuredand

implemented,deliverincreasedefficiencyinpublicservices/infrastructure,

thecreationofadditionalprivatesectoremploymentandreducedreliance

ongovernmentstofundtheupfrontcostofmajorinfrastructure.

“PPPs require commitment from their

backing government. Aligning required

governmental departments to support

the PPP process, keeping all stakeholders

informed, and educating them where

necessary on PPP matters is critical.”

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THE ABLF AWARDS 2012

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80

THE ASIAN BUSINESS LEADERSHIP FORUM AWARDS 2012

ACCOLADES FOR THE LEADERS WHO WALK THE PATH OF EXCELLENCE

St.RegisSaadiyatIslandResort,AbuDhabi

November27,2012

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81

Anewglobalbusinessworldhasrisenandbrokenthetraditionalmanacles

of global consciousness, empowering novel business relationships with

pioneeringbusinessenergy.

AninternationaleventofAsiansignificance,theAsianBusinessLeadership

ForumAwardsisAsia’spremiershowcaseofexemplarybusinessenterprise

inthedynamicbusinesssectorsofIndustry,InfrastructureandEnergy-the

keydriversoftheglobaleconomy.

TheABLFAwardsbringstogethertheAsiannationsoftheworldinanannual

event series that celebrates the rise of Asia in the global consciousness

throughrevivalofold-schoolvaluesforabrandnew‘globalbusinessworld’.

Theannualeventhonoursandcelebratesbusinessachieversfromacross

thethreekeyregionsoftheAsianjuggernaut-theGulf,IndiaandSouth-

EastAsia-andpaystributetoexemplaryleaderswhohavestoodstrongin

thefaceoftheeconomicdownturnandplayedasignificantroleinthestory

of‘AsiaRising’.

TheAsianBusinessLeadershipForumAwardshighlightsthekeybusiness

qualities of entrepreneurship, philanthropy, sustainability, integrity,

excellence, commitment and innovation, which are the mainstays of a

world-classorganisation.

Withavast,uniquemixofdelegatesanddecision-makersfrominternational

industries,theAsianBusinessLeadershipForumAwardsfocusonemerging

high growth areas of the global economy. The mission of the ABLF

Awardsistopromoteoutstandingbusinesspractices,whichdemonstrate

environmentalstewardship,economicvitalityandsocialresponsibility.

“The issue of Asia’s economic development has captured the

attention of the world as the centre of global growth and

power shifts from the West to Asia. I commend the ABLF

Awards for building such a significant event that showcases

how Asian business entities have played a defining role in the

rise of Asia.” H.E. VAYALAR RAVIUnion Cabinet Minister, Overseas Indian Affairs, Government of India

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PROCESS THE PROCESS

TheABLFAwardsfeaturesasinglewindowinterface,www.ablfawards.com,

whichhoststheAwardsstory,background,mandateandprocess,makingit

acompletelyintegratedinformationandactivationepicentrefortheABLF

Awards. Thewebsite is the one-stop resource centre for all information

related to the event, featuring profiles of the Winners, the Presenters,

SupportersandAssociates,detailsofthegrandawardsceremony,theABLF

GrandJury,andpicturesfromtheevent.

ThewebportalisalsothenominationcentrefortheAwards.Overatwo-

monthcampaign,thewebsitedrewover20,000uniquevisitorsandmore

than50,000nominationsacrossthreeawardcategories.Oncenominations

closed,theABLFteamshortlistednomineesthatmatchedthecriteriafor

eachawardcategory.Shortlistednamesweresenttothejury.Thewinners

wereannouncedattheglitteringABLFAwardsceremonyonNovember27,

2012atthebeautifulSt.RegisSaadiyatIslandResortinAbuDhabi,UAE.

82|History-MakersoftheNewAsianCentury

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JUNE 1, 2012

LaunchofthenewlookoftheABLFAwardswebportal–www.ablfawards.com

JUNE 1 – JULY 31, 2012

ABLFAwardsnominationcampaign

AUGUST 20 – AUGUST 30, 2012

JurydeliberationandselectionoftheABLFAwardswinners

NOVEMBER 27, 2012

TheGrandAwardsCeremonyattheSt.RegisSaadiyatIslandResort,AbuDhabi

THE ABLF AWARDS AGENDA

ABLF Awards Website Screenshot

“This is an enormous logistics exercise if nothing

else, to be able to screen all the applications that

come in for the awards, to be able to put the jury

together, to be able to get everybody to a place like

Abu Dhabi to launch this event, and I hope to see

the ABLF Series going from strength to strength.”

MR PRADEEP SINGHVice Chairman & CEO, IDFC Projects, India

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GRAND JURYTHE GRAND JURYANINTERNATIONALGLOBALADVISORYOFBUSINESSANDECONOMICPOLICYLEADERS

The ABLF Awards Grand Jury consisted of a high-profile group of

industry experts, economic commentators and international leaders

from government, business, academics, advisory and other professional

disciplines.Bringingawealthofmulti-disciplinaryexpertiseand industry

knowledge, the panel honoured 17 outstanding individuals from

across Asiawhose successes are inextricably linked to the prosperity of

theentireregion.

84|History-MakersoftheNewAsianCentury

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ABLF

DR TAYEB KAMALIVice Chancellor, Higher Colleges of Technology, UAE

DR P. MOHAMED ALIVice Chairman & Managing Director, Galfar Engineering & Contracting SAOG, Oman

MR PRANAV ADANIManaging Director, Agro and Oil & Gas, Adani Group, India

H.E. KHALIL ABDULLAH AL KHONJIChairman, Federation of GCC Chamber of Commerce and Oman Chamber of Commerce & Industry

H.E. M.K. LOKESHIndian Ambassador to the UAE

H.E. SALMAN AL FARISIIndonesian Ambassador to the UAE

MR RAJIV LUTHRAFounder & Managing Partner, Luthra & Luthra Law Offices, India

MR NAVEEN JINDALChairman, Jindal Steel and Power Ltd., India

MR ADI GODREJChairman, Godrej Group, India

DR RAJIV LALLManaging Director & CEO, IDFC Limited, India

MR RAJIV SINGHVice Chairman, DLF Limited, India

H.E. MOHAMED HELAL AL MUHAIRIDirector General, Abu Dhabi Chamber, UAE

MR CHANDRAJIT BANERJEEDirector General, Confederation of Indian Industry, India

H.E. PIT CHEN LOWCharge D’Affaires, Singapore Embassy, UAE

MR T.K.A. NAIRAdvisor to the Prime Minister of India

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86|History-MakersoftheNewAsianCentury

NOVEMBER 27, 2012ST. REGIS SAADIYAT ISLAND RESORT, ABU DHABI

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THE GRAND AWARDS CEREMONY

HighnesswarmlywelcomedtheguestswhohadflowntotheUAEtoattend

the event, saying, “Your visit reflects our collective economic aspirations

anddeepdesiretoenhancetheprosperityofourcountries. It illustrates

yourstrongcommitmenttostrengtheningtradeandinvestmentrelations

intheregion.Yourpresencealsohighlightsour jointresolvetocontinue

workinghardtoensurethateconomicprogressinAsiaandtheGulfkeep

pacewitheconomicdevelopmentsaroundtheworld.”

Healsosaid,“Thisevening’scelebrationreflectsourconfidenceinthework

ofABLFaswellasourconfidenceinthebrightfuturethat liesaheadfor

the economies of Asian countries. All of youwho are here this evening

areindividualswhoembracechange,creativityandvitality,andwhowant

to help advance and strengthen the economic performance of Asian

countries. These awards are a statement of our collective confidence in

Asianbusinessleaders.Theawardsbringintofocusthewinners’workand

The second edition of the Asian Business Leadership Forum Series

culminated in an outstanding evening of celebration on November 27,

2012at thebeautifulSt.RegisSaadiyat IslandResort inAbuDhabi,UAE.

Attended by Asia’s leading business icons, entrepreneurs and policy-

makers, the Asian Business Leadership Forum Awards was a glittering

success.Theeveningcelebratedexemplary contributions in thefieldsof

Industry,InfrastructureandEnergy.

ThedazzlingawardseventstartedwithapowerfulopeningaddressbyH.H.

SheikhNahayanMabarakAlNahayan,whowasreceivedattheeventbyMs

MaliniMenon,FounderandManagingDirectorofIndianExpressions.His

tonight’scelebrationisanexpressionofbothourprideandourgratitude.

Itisalsoacelebrationofthevaluesweshareandholddear.Byhonouring

thewinnerstonight,wedeclarethatwevaluehonesty,commitment,public

service,anddedicationtothecommongood.”

Oneof thehighlightsof theeveningwasanotesentby theHonourable

PrimeMinisterofIndia,DrManmohanSingh,congratulatingtheABLFSeries

ondrawingattentiontothesectorsofIndustry,InfrastructureandEnergy.

Inhisnote,DrSinghsaidheappreciatesthetimingofsuchaninitiativeand

wrote,“It isallthemoreimportantthatweworkinafocusedmannerto

strengthenthesesectors.Withoutdoingsowecannotachievehighratesof

economicgrowthandalsocannotgenerateproductiveemploymentforour

youngmenandwomen.IamsurethattheeffortsoftheABLFSerieswill

resultinnewideasonhowtomoveforwardintheseareas.”

ThePresidentofIndia,H.E.PranabMukherjee,senthisbestwishestothe

organisersandwinnersoftheprestigiousABLFAwardsthroughhisPress

SecretaryMrVenuRajamony. Inhismessage,thePresidentcommended

thisbusinesseventthatbringstogetherSouth-EastAsia,GulfandIndiaand

senthiswarmestcongratulationstothe2012winners.

Astheeveningdrewtoaclose,guestsnetworkedoverabeautifullycrafted

silverservicedinnerbytheSt.Regismasterchefs,andwereentertainedby

Brazilianfiredancerswhileenjoyingtheautumnbreezeonanoceanfacing

stonepatio,elegantlybrandedandappointed.

ABLF

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88

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89Elegant & Extravagant; the Awards ceremony set-up

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ABLFKEYNOTE ADDRESS

H.H. SHEIKH NAHAYAN MABARAK AL NAHAYANMINISTER OF CULTURE, YOUTH AND COMMUNITY DEVELOPMENT, UAEFORMER MINISTER OF HIGHER EDUCATION AND SCIENTIFIC RESEARCH, UAE

90|History-MakersoftheNewAsianCentury

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ABLF“Good Evening, Your Excellencies, friends and colleagues, ladies and

gentlemen. It gives me great pleasure to welcome you to Abu Dhabi

and theUnitedArab Emirates for theAsianBusiness Leadership Forum

Awardsnight.Iamdelightedtohavetheopportunitytomeetandaddress

thisdistinguishedgroupofgovernmentandbusiness leaders fromAsia.

Toallofourvisitors, Iextendamostwarmwelcometo theUnitedArab

Emirates.Yourvisitreflectsourcollectiveeconomicaspirationsanddeep

desiretoenhancetheprosperityofourcountries.Itillustratesyourstrong

commitmenttostrengtheningtradeandinvestmentrelationsintheregion.

Yourpresencealsohighlightsour joint resolve tocontinueworkinghard

to ensure that economic progress in Asia and the Gulf keep pace with

economicdevelopmentsaroundtheworld.

I am obviously very pleased that you have come to AbuDhabi for this

celebration. Choosing our city as the place to stage this unique event

recognises and celebrates the fact that Abu Dhabi has a prominently

high profile in worldmarkets. Your decision to assemble in Abu Dhabi

also highlights and celebrates the leadership of bothHis Highness, the

President,SheikhKhalifabinZayedAlNahayan,andHisHighnessSheikh

MohammedbinZayedAlNahayan,CrownPrinceofAbuDhabiandDeputy

SupremeCommanderoftheArmedForces.YourpresenceinAbuDhabi

in effect values their tirelesswork for development and prosperity.We

are greatly inspired by their vision for Abu Dhabi and the United Arab

Emirates. Under their enlightened leadership, Abu Dhabi is an integral

part of the global economy. It has become a model environment that

allows businesses to succeed and flourish. Our economy continues to

growatasteadyandrapidrate.TheUAEisamajorcentreofcommerce,

focusingoninternationaltrade,tourism,finance,informationtechnology,

sustainability,andmedia.Theeconomyishighlycompetitive,transparent,

andsupportiveofbusinessandentrepreneurs.

Westriveforcompetitiveadvantageintheregionalandglobalmarketplace.

We regard our role in fostering regional and global development and

cooperation in a deeply serious way. National and regional growth is

one of our most important priorities. Such growth requires economic

cooperationinallregionsoftheworld.Thevitalityoftheglobaleconomic

orderisdependentonthiscooperation,acooperationsignifiedbytonight’s

gatheringoftheAsianBusinessLeadershipForum.

I congratulateABLF for recognisingAbuDhabiwith a special award this

evening.AbuDhabiismovingforwardwithplansandstrategiestobecome

aworld capital that is able to innovate, tomaintain vigorous growth, to

createprosperity,andtobringtogetherpeople,government,privateand

publicinstitutionstocreateavibrant,successful,andbalancedsociety.

Ladiesandgentlemen,IfullysupportthepremiseofABLF:thatthegrowing

statureoftheAsianeconomieshasmajorglobalramificationsandholds

“These leadership awards are a statement

of our collective confidence in Asian

business leaders.”

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ABLFgreatpotential.Asiaisdevelopingrapidly.ManyAsiancountriesaremoving

quicklyfromThirdWorldtoFirstWorldstatus.Thereisacleardetermination

in the region to improve the business and economic environments, to

promote growth and development, and to encourage innovation and

developmentatalllevels.

The work of ABLF celebrates regional and international dialogue and

cooperationtopromotegrowthandcreateabetterfuturefortheregion.

Thisevening’scelebrationreflectsourconfidence intheworkofABLFas

wellasourconfidenceinthebrightfuturethatliesaheadfortheeconomies

of Asian countries. All of youwho are here this evening are individuals

who embrace change, creativity, and vitality and who want to help

advanceandstrengthentheeconomicperformanceofAsiancountries.As

governmentofficials,andasbusinessmenandwomen,wealllookforward

tofurthersuccessandcooperationintradeandinvestmentandeconomic

development. Ibelievestronglythatourbusinessandeconomic linkages

cancontributetogreaterparticipationandinfluenceintheglobaleconomy

forbothAsianandGulfcountries.

Ladiesandgentlemen,letusreflectonthenatureofthehonourthatthese

awardswecelebratethiseveningbestowontheirrecipients.Manyawards

recognisespecificachievementsandsetclearbenchmarksthatpeoplecan

aimfor.TheABLFAwards,bycontrast,recognisesustaineddedicationand

commitment,aswellaslifetimeachievements.Theyhonourthefactthat

thewinnershaveputexcellence,wisdom,commonsense,andagenerous

spirittoworkforthepublicinterestinalifelongpursuit.

Atthesametime,theseleadershipawardsareastatementofourcollective

confidence in Asian business leaders. The awards bring into focus the

winners’work andgiveus a chance to thank themandappreciate their

contributions toour lives. Tonight’s celebration is anexpressionofboth

ourprideandourgratitude.Itisalsoacelebrationofthevaluesweshare

andholddear.Byhonouringthewinnerstonight,wedeclarethatwevalue

honesty, commitment, public service, and dedication to the common

good.Wealsodeclarethatweareindeedinspiredbytheexampleofthese

leaders.Wearetrulyprivilegedtocelebratetheseawardsandapplaudall

thewinnersfortheirfineexample.

Ladiesandgentlemen,onceagain,Iwelcomeallofyou.Youarepartofa

networkofregionalandinternationalleadersworkingtogetherforabetter

economicfuture.Forthoseofyouwhohavecomefromothercountries,

IhopeyourtimeintheUnitedArabEmiratesisenjoyableandrewarding.

For every one of you, I hope that this gathering results in connections

andpartnerships thatwillgrowandflourish foryears tocome.ToABLF,

I congratulate you for your excellent contribution to our economic lives

andforhostingthishighlysuccessfulcelebration.Andtotherecipientsof

tonight’sawards,congratulationsandthankyouforyourexampleandfor

yourcontributionstooureconomicprosperity.

IamconfidentthatthepresenceofsomanyableAsianleadersherethis

eveningwillhelpstrengthenAsianeconomicsuccess.Iamalsohopefulthat

byworkingtogether,wewillhelppromotethecreationofviableregional

marketsandenhancetheabilityofourcountriestoattractjointventures

andinvestments.

Thankyouagainfortheopportunitytoaddressyouthisevening.Ithank

theorganisers,thesponsors,andallwhoworkedtoputthiseventtogether.

Thankyou.”

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93

“Many awards recognise specific achievements and set clear benchmarks that people

can aim for. The ABLF Awards, by contrast, recognise sustained dedication and

commitment, as well as lifetime achievements. They honour the fact that the winners

have put excellence, wisdom, common sense, and a generous spirit to work for the

public interest in a lifelong pursuit.”

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ABLFKEYNOTE ADDRESS

H.E. DR THAKSIN SHINAWATRA FORMER PRIME MINISTER OF THAILAND

94|History-MakersoftheNewAsianCentury

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ABLF“YourHighness SheikhNahayan, Your Excellencies, distinguishedguests,

ladiesandgentlemen,firstofall Iwould liketothanktheGrand Jury for

grantingmethisprestigiousaward.IwouldalsoliketothankHisHighness

SheikhNahayanMabarakAlNahayan;besidesgivingmesanctuaryduring

exile,tonight,hehasgivenmedignity.

I would like to commend the Asian Business Leadership Forum Awards

fororganisingthisAsia-wideinitiative.AnAsia-wideplatformhasnotbeen

created formany years. I initiated Asia cooperation dialogue duringmy

tenureasPrimeMinisterin2003andinvitedalltheAsiancountriestojoin.

Thatwasforapoliticaltrack;butforthebusinesstrack,theAsianBusiness

LeadershipForumisagoodplatformtobringbusinesspeopletogether.

Asia is a very important part of theworld; we havemore than half the

populationof theworld,andwealsohavemorethanhalfof theforeign

reserves of the world, so this is definitely the Asian Century. The word

CHIME isbeingusedoftennow,whichcomesfromChina, India,andthe

MiddleEast.Thethreecountriesandregionsareknowntoberichenough

tobuyeverythingintheworldnow.

IwouldliketosharewithyouwhatIhaddoneafterthefinancialcrisisin

Thailand.Myconceptwastoencourage ideasforaturnaroundfromthe

business sector, the private sector and also the population. Poverty in

Thailandhadrisenfrom14percentto21percentin1997,butImanagedto

bringthatdowntolessthan8percentwhenIleftoffice.ThereasonIhadto

dothatisbecauseofthepeople-ifthepeoplehaveagoodlivelihood,they

canproducemore for thecountry.That iswhyweconcentratedonhow

wecouldcutexpensesandincreasetheincome,andhowwecouldcreate

newopportunitiesforthem.Wecreatedalotofprogramstohelppeople

reducetheirexpensesandincreasetheir income, includingbringingnew

additionalincometothem.

Idon’thavetogointoalotofdetailbutIinitiatedalotofprogramsthat

helppeople,forinstance,healthcare-theThaipeoplecannowgotothe

hospitalandpayonly30Bahtpervisit,orUS$1.Soeveniftheyhavetobe

admittedtothehospitalorrequireheartsurgery,theyonlypayUS$1.This

isthewaywemanagedhealthcareinThailand.

Also,thevillagefundweorganisedinThailandistotallydifferent.Wegive

US$ 33,000 per village to the people and let themmanage themselves

insteadofustryingtomanagethemandwehelpthemfindmoreincome

forthemselvesbyusingtheirskillsforadditional incomesotheycanget

outofpovertyquickly.Thewaywedo it isbyexpandingthetaxbaseof

theThaipeopleandattheendofmyterm,theVATwasmuchhigherthan

beforethecrisis.

Soduringafinancialcrisis,weneedtocreate jobs,weneedbankstobe

abletolend,andweneedpeopletobeabletospend-thatwasmyidea,my

philosophy,duringmyadministration.Idon’twanttotakeupmoreofyour

timebecausewearerunninglatebutIwanttothanktheJuryforseeingmy

workeventhoughIamstillinexile.

I feel very inferior sometimeswhen in exile, but tonight, the ABLF, and

especiallySheikhNahayanhavegivenmedignity.Thankyouverymuch.”

“During a financial crisis, we need to create

jobs, we need banks to be able to lend and

we need people to be able to spend.”

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THE WINNERS

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ABLF GLOBAL ASIAN AWARD

ABLF STATESMAN AWARDTHEGULF•INDIA•SOUTH-EASTASIA

ABLF LIFETIME ACHIEVEMENT AWARDTHEGULF•INDIA•SOUTH-EASTASIA

ABLF WOMAN OF POWER AWARDTHEGULF•INDIA•SOUTH-EASTASIA

ABLF BUSINESS EXCELLENCE AWARDTHEGULF•INDIA•SOUTH-EASTASIA

ABLF BUSINESS COURAGE AWARDTHEGULF•INDIA•SOUTH-EASTASIA

ABLF TRAILBLAZER AWARD

The iconic ABLF Awards trophy is a 13-inch, 24-carat gold-plated masterpiece.

Intricately embossed, the traditional silhouette is embedded with signature precious

gemstones - Diamond, Ruby, Sapphire, and Emerald - each reflecting the qualities

specific to the distinguished category and its recipients.

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The ABLF Global Asian is a powerful individual whose

business footprint and commitment to excellence have

engaged international interest andattention.A visionary

with an unswerving commitment to his/her business,

his/her country and the region, theABLFGlobalAsian

isagamechangerwhohasearnedhis/herplaceinthe

highestechelonsofthebusinesscommunity.

ABLF GLOBAL ASIANAWARD

98|History-MakersoftheNewAsianCentury

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ABLF GLOBAL ASIANAWARD

CRITERIA

1Byrelevancetocontext:PresenceintheIndustry,InfrastructureorEnergysectors

2Byleadership:Legendaryinnings.Anexampletoagenerationofachievers

3Bywealth-creation/management:Businessrevenuesandexploringnewavenues

4Bybrand-creation/management:Buildingandsustainingabusinessbrandwithaglobalpresence

5Byendurancequotient:Steadygrowthandadvancementinbusinessacrossadecade

6Responsibility:Dovetailssustainabilityprinciplesintobusinessoperations

7Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

8 Accoladesandrecognition:Nationalandinternationalawards

9 Grace:Historyandcapabilityofhandlingbusinesssetbacks

10Strongemployer:Companywithhumanresourcestrengthofover20,000internationally

11Philanthropy:Publiclydocumentedcontributiontowardcommunity,nationalandglobalaltruisticinitiatives

12Ambassadorship:Promotesandupholdshis/hercountry’svaluesininternationalenvironments

13Mentorship:Perceivedasamentoranddemonstratesappropriatequalities

14Knowledge-driven:Activeinterestandawarenessinmattersofglobalandnationalconsequence

15Participatory:Contributiontoeventspaceandoccasionsthathaveglobalrelevance

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MOHAMMED ALABBARCHAIRMAN, EMAAR PROPERTIES, UAE

ABLF GLOBAL ASIAN AWARD

100|History-MakersoftheNewAsianCentury

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OneoftheMiddleEast’smostrespectedandrenownedbusinessmen,

MrMohamedAliAlabbaristheFounderandChairmanofDubai-based

realestategiantEmaarPropertiesPJSC-developeroftheworld’stallest

tower,theBurjKhalifa.

Born in Dubai, educated in the US and with experience across all

continents, Mr Alabbar has extensive expertise in varied business

sectorsspanningrealestate,bankingandfinance,shoppingmallsand

retail, hospitality and tourism. He heads Emaar’s joint venture with

Italy’sGiorgioArmani to setup theArmani-branded luxuryhotel and

resort chain in key international destinations. Emaar has now been

mandated,alongwithDubaiHolding,todevelopetheMohammedBin

Rashid City, the largest real estate project in theMiddle East region,

describedas a ‘citywithin a city’.MrAlabbar is also theChairmanof

RSH,theleadingSingapore-basedpan-Asianmarketer,distributorand

retailerofinternationalfashionandlifestylebrands.

He is revered forhispioneering role inpositioningDubaiasaworld-

class city.He servedasDirectorGeneralof theDubaiDepartmentof

EconomicDevelopment,amemberoftheDubaiExecutiveCounciland

DubaiEconomicCouncil.

He has been named ‘Middle East Personality of the Year,’ by FDi

magazine, published by the Financial Times Group, while Arabian

Business, the leading regionalbusinessmagazine, rankedhim fourth

in the 2012 list of ‘Power 500: The World’s Most Influential Arabs,’

andhonouredhimas‘BusinessmanoftheYear’2011.Asought-after

speakeratinternationalforumsandonbroadcastnetworksworldwide,

MrAlabbarwasawardedanhonorarydoctoraldegreeinhumanities

fromhisalmamater,SeattleUniversity.

Currently,Mr Alabbar is spearheading Emaar’s strategy ofworldwide

expansion and business segmentation into healthcare, education,

hospitality, leisure, shoppingmalls and financial services. Today, the

companyhasasignificantpresencein16countriesspanningtheMiddle

East,NorthAfrica,SouthAsia,EuropeandNorthAmerica.

Mr Alabbarworks closelywith regionalNGOs, to create employment

opportunities,developsmallbusinessesanddirecteducationalreform

programsintheregion.Aglobalentrepreneurandbusinessstrategist,

MrMohamedAlabbarwastheunanimouschoiceoftheABLFAwards

GrandJuryfortheABLFGlobalAsianAward2012.

“Our strategy for 2012 is to further increase the share of revenues from global operations

and enhance the proportion of profit from recurring revenue streams, including shopping

malls, retail, hospitality and leisure.”

WitnessAsiaRising|ABLFAwards|101

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TherecipientoftheABLFStatesmanAwardisaninspirational

achiever of government and public service. This leader’s

innovative approach to the development of the key

sectorsofIndustry,InfrastructureandEnergyhasshaped

proactiveandpositivegovernmentpolicy.He/she isan

inspirationalachieverofgovernmentandpublicservice,

who actively contributes to the growth trajectory of

his/hernation’seconomyandinternationalrelations

globally.Thisawardrecipientembodiescompassion,

corporateresponsibilityandcivicservice.

TheABLFSeriesintroducedthiscategoryin2012

ontherecommendationoftheABLFKnowledge

Partners; Luthra & Luthra Law Offices and

PillsburyWinthropShawPittman.

ABLF STATESMANAWARD

102|History-MakersoftheNewAsianCentury

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ABLF STATESMANAWARD

CRITERIA

1Byrelevancetocontext:PresenceandgovernanceintheIndustry,InfrastructureorEnergysectors

2Byendurancequotient:Steadygrowthandadvancementingovernmentacrossadecade

3 Byleadership:Path-breakingandsustainableleadership

4 Inspirational:Powerfuldecision-maker

5Byinnovation:Significantcontributiontonewbusinessgrowthstrategies

6 Reputation:Impeccablerecord

7 Innovation:Recordofatleastonepioneeringinitiative

8 Powernetwork:Forgesground-breakingrelationships

9Byinfluence:Leadpresenceatindustryforumsandrelateddiscussions

10Knowledge-driven:Activeinterestandawarenessinmattersofglobalandnationalconsequence

11Ambassadorship:Promotesandupholdshis/hercountry’svaluesininternationalenvironments

12Participatory:Contributiontoeventspaceandoccasionsthathaveglobalrelevance

13Mentorship:Perceivedasamentoranddemonstratesappropriatequalities

14Knowledge-driven:Leadpresenceatindustryforumsandrelateddiscussions

15Participatory:Contributiontoeventspaceandoccasionsthathaveglobalrelevance

WitnessAsiaRising|ABLFAwards|103

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H.E. DHAEN AL HAMLIFORMER MINISTER OF ENERGY, UAE

THE GULF

ABLF STATESMAN AWARD

104|History-MakersoftheNewAsianCentury

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HisExcellencyMohamedBinDhaenAlHamliwastheMinisterofEnergy

from 2004 to 2013. His Excellency is alsomember of the Advisory

Committee of the Supreme Petroleum Council, Vice Chairman of

the InternationalPetroleum InvestmentCompany,Chairmanof the

FederalAuthorityforWaterandElectricity,ChairmanoftheEmirates

GeneralPetroleumCorporation(EMARAT),ViceChairmanoftheAbu

DhabiNational Chemicals Company, andboardmember of Cosmo

OilCompany,Japan.

H.E.DhaenAlHamlihasmorethanthirtyyearsofextensiveexperience

intheoilandgasindustry.HewasChairmanoftheHyundaiOilBank

Company inSouthKoreabetween2005and2008andtheEmirates

GeneralPetroleumCorporationbetween2004and2010.Heserved

asboardmemberoftheHigherCorporationforSpecialisedEconomic

Zonesfrom2004to2008andtheAbuDhabiRetirementPensionsand

BenefitsFundfrom20002004.Priortothat,heworkedasDirectorof

MarketingandRefining,DirectorofPersonnel,DirectorofMarketing,

andDirectorofFinanceoftheAbuDhabiNationalOilCompany.His

Excellency also served as United Arab Emirates Governor for the

OrganizationofthePetroleumExportingCountriesandhasworked

as Assistant General Manager at the Abu Dhabi Marine Operating

Company.

H.E. Dhaen Al Hamli obtained a Higher Diploma in Business

Administration in1976, aCertificate inCharteredAuditing in1979,

andaHigherDiploma(HigherStudies)inAdvancedManagementand

CharteredAccountingin1988fromtheUKandtheUSA.

H.E. Dhaen Al Hamli has dedicated his ten-year term as the UAE’s

Minister of Energy, and his efforts in the oil and gas sector to

ensuringthecountry’scommitmenttoproducingastable,secureand

reasonablypricedsupplyofoilandminimisingitscarbonfootprint.

Hishardworkcoupledwithhisknowledgeandinnovationmakehim

anidealrecipientoftheABLFStatesmanAward.

“The United Arab Emirates and, indeed,

OPEC firmly believe that with the right

mix of technology, incentives and

cooperation, continued oil production

and consumption need not come at the

expense of the environment.”

WitnessAsiaRising|ABLFAwards|105

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H.E. KAMAL NATHMINISTER OF URBAN DEVELOPMENT & MINISTER OF PARLIAMENTARY AFFAIRS, INDIA

INDIA

ABLF STATESMAN AWARD

106|History-MakersoftheNewAsianCentury

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H.E. Kamal Nath is India’s Minister of Urban Development and

Parliamentary Affairs. To address the growing urban infrastructure

challenge in India, he aims to create economically vibrant, inclusive,

efficientandsustainableurbanhabitats.AsMinisterofParliamentary

Affairs,heisresponsibleforthesmoothconductofbusinessinboththe

HousesofParliament.

InhispreviouscapacityastheMinisterofRoadTransportandHighways

from 2009- 2011, Minister Nath created significant momentum in

thedevelopmentofnationalhighways. Thepaceofnationalhighway

developmentcrossed12kilometresadayandworkinprogressof16,000

kilometres was created. As Commerce & Industry Minister of India

from2004-2009,MinisterNathenunciatedIndia’sfirstcomprehensive

ForeignTradePolicy,layingoutacoherentroadmapwithatwinfocus

onexportsaswellasemployment.HewassuccessfulintriplingIndia’s

foreigntradewithinthisperiodandengineeringaseven-foldincrease

inFDIin-flowstoIndiaandsignificantstridesweremadeintheareasof

IntellectualPropertyandIndustrialDesign.

His firm grasp of economic issues and consummate diplomatic skills

wereevident in theWorldTradeOrganisationnegotiations,wherehe

emergedasoneofthechiefarchitectsoftheG-20andG-33Alliances

andtheNAMA11.

MinisterNathwasfirstinductedintotheUnionCouncilofMinistersin

1991.DuringhisfouryeartenureasMinisterofEnvironment&Forests

of India, he made a remarkable contribution to the development of

the National Policy on Ecological Conservation and the Abatement

ofPollution.His tenureasEnvironment&ForestsMinisterof India is

still remembered for his remarkable achievements in myriad areas,

particularly in that of environmental awareness and sustainable

development,whenhesucceededinbluntingtheconfrontationbetween

environmentalconcernandeconomicdevelopment.

During his tenure as Textiles Minister from 1995-1996, the country

touchednewheights in theproductionandexportof cottonand the

NewTextilesPolicywassuccessfullylaunchedleadingtoanall-timehigh

exportofgarmentsandfabrics.

Asafirst-timeMemberofParliament,MinisterNathrepresentedIndia

at the United Nations General Assembly in 1982 and 1983. He also

attended the International Parliamentary Union Conferences held in

Nicaragua,GuatemalaandCyprus.

Hehasalsoimmenselycontributedtohighereducationinhiscapacity

as the President of Board of Governors of Institute of Management

Technology(IMT)atGhaziabad,Nagpur,HyderabadandDubai.

H.E.KamalNath’sunrivalledgrowthteamedwithhisdiplomaticprowess

hasearnedhimthetitleofoneofIndia’smostrespectedambassadors.

His continuing contribution to the infrastructural planning and

developmentofthecountryandhissignificantgrowthinitsgovernment

securedtheABLFStatesmanAwardforMinisterNath.

“I accept the ABLF Statesman Award – India with appreciation and humility and I thank

the ABLF Grand Jury and Strategic Advisory Panel for this recognition. The Gulf, India and

South-East Asia are among the fastest growing regions in the world and the contribution of

key sectors such as Industry, Infrastructure and Energy must be highlighted.”

WitnessAsiaRising|ABLFAwards|107

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H.E. DR THAKSIN SHINAWATRAFORMER PRIME MINISTER, THAILAND

SOUTH-EAST ASIA

ABLF STATESMAN AWARD

108|History-MakersoftheNewAsianCentury

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From a policeman, to a billionaire telecommunications executive, to

former Prime Minister of Thailand, H.E. Dr Thaksin Shinawatra is a

strongleaderinacountrynotknownforstrongleaders.Hedeliveredon

hispromisestohelpThailand’sruralpoorandhispoliciesanddecisive

stylewonovermostThais.

Heworkedinthefamilybusinessandstudiedtobecomeapoliceofficer,

graduatingatthetopofhispolicecadetclass,andwonagovernment

scholarshiptostudyabroad.WhenhereturnedtoThailand,headvanced

totherankofLieutenantColonelinthepoliceforceandbegansupplying

thepolicedepartmentwithcomputersoftwarein1982.

In 1987, he left the police force and started his telecommunications

company,theShinawatraCompany,whichsoldcomputersoftwareand

soon expanded into cable television, satellites, data communications

networks, andmobile phone services. Eventually, his companymade

himoneofThailand’srichestmen.

Heleftthecompanyin1994toenterpolitics,becomingMinisterofForeign

AffairsaspartofthePalangDharmaParty.Hisgoal,heproclaimed,was

tocleanuppoliticsinhiscountry.HefoundedtheThaiRakThai(Thai

LoveThai)Partyin1998,anditquicklycametodominateThaielections

andhewaselectedPrimeMinisterin2001.WhenDrThaksinShinawatra

tookoffice, Thailandwas recovering from theAsianfinancial crisisof

the late1990sandneededtoadjusttothechangingglobaleconomy.

Hisfocusonthecountrysideandthepoorhadthebenefitofbuilding

amoreself-sufficienteconomy,lessdependentontheexportmarket.

DrShinawatraquicklydeliveredonhispromiseof cheaphealthcare.

He also helped the rural poor with a US$ 2 billion Village Fund that

gave US$ 33,000 each to Thailand’s 80,000 small towns to fund low-

cost loanstovillagers.Hiseconomicpolicies,knownasThaksinomics,

helpedtheeconomyboom;Thailand’sgrossdomesticproductjumped

by 22 percent in the first four years hewas in office. Critics warned

thatThaiswerebecomingdebt-riddenanddependentongovernment

handouts,butwhenheranforanotherterminearly2005,theeconomy

was continuing to grow and those originally sceptical of him largely

supportedhim.

When the tsunami struck in 2004, Thailand responded quicker than

otherAsiannations,movingfoodandfirst-aidteamsintocoastalareas

right away. Several factors helped Thailand respond, including better

medical and transportation networks than other countries and less

widespread damage, but observers credited Dr Shinawatra’s strong

leadershipasanotherfactor.

ItwasnosurprisewhenThaksin’sThaiRakThaiPartywonabout375

ofthe500seatsintheThaiparliamentinFebruaryof2005.Thatmade

ThaksinthefirstPrimeMinistertoleadanelectedgovernmentthrough

afullfour-yearterm.

Protests in 2006 led to the dissolving of Dr Thaksin Shinawatra’s

government.YingluckShinawatra,Dr.ThaksinShinawatra’ssister,isthe

currentPrimeMinisterofThailand.

Dr. Shinawatra’s revolutionary economic, healthcare, anti-drug,

educationandenergypolicies,aswellastheadministrativereformhe

brought toThailandduringhis termasPrimeMinster to thecountry,

haveledtotheGrandJurychoosinghimfortheABLFStatesmanAward.

“I would like to thank the Grand Jury for granting me this prestigious award. I would

also like to thank His Highness Sheikh Nahayan Mabarak Al Nahayan; besides giving me

sanctuary during exile, tonight, he has given me dignity.”

WitnessAsiaRising|ABLFAwards|109

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The ABLF Lifetime Achievement Award is a heartfelt

felicitationofatruevisionary.Thisachieverwieldshis/her

immense influence to mentor a generation of business

leaders with old world wisdom and sharp business

acumen. Consistently placing team, community and

countryonhis/herleadagenda,thisleaderisdrivenby

his/hervisionto leavetheworldabetterplacethan

he/she found it,andhasspenta lifetimenurturing

and sharing values of excellence, innovation and

sustainabilityalongsidesocialresponsibilitiesand

philanthropy.He/sheembodiesthespiritoflife,

lightandinspiration,anindividualwhosename

andgoodworkisdestinedtogodowninthe

brightestannalsofhistory.

ABLF LIFETIMEACHIEVEMENT AWARD

110|History-MakersoftheNewAsianCentury

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ABLF LIFETIMEACHIEVEMENT AWARD

CRITERIA

1Byrelevancetocontext:PresenceintheIndustry,InfrastructureorEnergysectors

2 Byleadership:Path-breakingandsustainableleadership

3Bywealth-creation/management:Businessrevenuesandexploringnewavenues

4Bybrand-creation/management:Buildingandsustainingabusinessbrandwithaglobalpresence

5Byendurancequotient:Steadygrowthandadvancementinbusinessacrossadecade

6Responsibility:Dovetailssustainabilityprinciplesintobusinessoperations

7Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

8 Accoladesandrecognition:Nationalandinternationalawards

9 Grace:Historyandcapabilityofhandlingbusinesssetbacks

10 Inspirational:Toanewgenerationofbusinessminds

11Philanthropy:Publiclydocumentedcontributiontowardaltruisticinitiatives

12Knowledge-driven:Leadpresenceatindustryforumsandrelateddiscussions

13Ambassadorship:Promotesandupholdshis/hercountry’svaluesininternationalenvironments

14Mentorship:Perceivedasamentoranddemonstratesappropriatequalities

15Participatory:Contributiontoeventspaceandoccasionsthathaveglobalrelevance

WitnessAsiaRising|ABLFAwards|111

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DR OMAR BIN ABDUL MUNIEM AL ZAWAWI FOUNDER & CHAIRMAN, OMAR ZAWAWI ESTABLISHMENT (OMZEST), OMAN

THE GULF

ABLF LIFETIME ACHIEVEMENT AWARD

112|History-MakersoftheNewAsianCentury

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FounderandChairmanoftheOMZESTGroup,HisExcellencyDrOmar

BinAbdulMuniemAlZawawihasbeenthespearheadforthegroup’s

rapidgrowth to itspresentpositionofeminenceasoneofOman’s

premier and diversified business groups. With business volumes

exceedingUS$1billioninmerely40years,OMZESThasgrowntoover

75whollyownedandassociatecompanies,withfivemainbusiness

activities and exports to over 95 countries. The group’s activities

covermanufacturing,services,bankingandfinance,constructionand

contracting,tradingaswellastrainingandeducation.

SincegraduatinginMedicinein1958fromtheCairoUniversityandwith

aMastersofPublicHealth in1964 fromHarvard,H.E.DrZawawihas

workedasaSpecialAdvisortoHisMajestySultanQaboosBinSaidinthe

fieldofdiplomaticaffairssince1975,andhasalsobeenamemberofthe

FinancialAffairsandEnergyResourcesCouncilofOman.

H.E.Dr.ZawawihasalsobeentheFounderandEx-Chairmanforleading

commercial entities in the country including the Oman International

Bank, Muscat Insurance Company, Oman Textile Mills, Al Khuwair

DevelopmentandServices,ReemBatteriesandPowerAppliances.

H.E. Dr. Zawawi is renowned and has assisted in furthering external

relations,a testament towhichare themultiple titles thathavebeen

bestoweduponhimbyvariouscountriessuchas, the ‘Grand Order of

Merit First Class’ bytheRepublicofAustria;the‘Grand Cordon of the Order

of the Sacred Treasure’ byJapan;the‘Knight Commander (of the Order) of

Saint Michael and Saint George’ (KCMG)bytheUnitedKingdom;the‘Order

of the Northern Star’ by Sweden; the President’s Medal, Georgetown

University,USA;andlastbutnottheleast,the‘Sitara-i-Quaid-i-Azam’by

Pakistan.

H.E.Dr.OmarZawawi’sachievements,hisvision forOMZEST,andhis

continuedcontributiontotheprogressoftheSultanateofOman,make

himatrulydeservingrecipientoftheABLFLifetimeAchievementAward.

“It was very flattering to be awarded the

ABLF trophy. It is quite an honour. I wish

to express my thanks and appreciation

to all concerned.”

WitnessAsiaRising|ABLFAwards|113

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BABA KALYANICHAIRMAN, KALYANI GROUP, INDIA

INDIA

ABLF LIFETIME ACHIEVEMENT AWARD

114|History-MakersoftheNewAsianCentury

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MrBabaKalyaniistheChairmanoftheKalyaniGroup,andChairmanand

ManagingDirectorofthegroup’sflagshipcompany–BharatForgeLimited

-India’slargestmanufacturerandexporterofautomotivecomponents.

The Kalyani Group’s business interests are in specialty steel,

forgings, auto components, infrastructure, specialty chemicals and

renewable energy. The group’s annual turnover is US$ 2.5 billion

andithasjointventureswithleadingglobalcompaniesthatinclude

ArvinMeritor, Carpenter Technology Corporation, Hayes Lemmerz,

FAWCorporation,GerdauSA,etc.

Mr Kalyani joined Bharat Forge in 1972 and under his leadership,

it has transformed into a global company with 11 manufacturing

facilities spread across India, USA, Europe and China. Mr Kalyani

pioneeredtheexportofautomobilecomponentsfromIndiatoChina

in 2002. Bharat Forge’s global customer base is perhaps themost

comprehensive in the forging industry, comprising 38 automobile

manufacturersbesidesseveraltiersupplierstotheindustry.

Mr Kalyani serves on the boards of many prestigious companies

andrepresentsthesectoratseveralindustry,tradeandeducational

institutions in India and abroad. Notable amongst these are the

National Manufacturing Competitiveness Council and the National

KnowledgeCommission.

Mr Kalyani is the Founder Chairman of Pratham Pune Education

Foundation, an NGO that is engaged in providing primary education

tounderprivileged children.He is also steeringaunique initiative to

empower rural youth inPunedistrict byproviding free technical and

vocationaltrainingatagovernment industrial training institutethat is

runasapublic-privatepartnership.

Inpursuanceofhis vision to contribute toa cleanandemission free

environment, Mr Kalyani has set up a new venture to manufacture

various energy efficientwind turbines for domestic and international

markets. In a joint venture with KPIT Cummins, Bharat Forge is

developingauniquehybridsolutionthatwillcontributeinthecountry

beingabletomeetitsvehicularemissiontargets.

Mr Kalyani’s significant contributions to industry and the community

have been recognised through various prestigious awards. Notable

amongthesearethe ‘PadmaBhushan’,oneofthemostdistinguished

civilianawardsbytheGovernmentofIndiaforhiscontributionstotrade

andindustry,‘CrossoftheOrderofMerit’,thehighesthonourawarded

to individuals for their admirable services to the Federal Republic of

Germany, and the ‘Commander First Class of the RoyalOrder of the

PolarStar’bytheSwedishgovernmentinrecognitionofhiscontribution

in furthering trade and business cooperation between Sweden and

Indiaamongothers.

Mr Kalyani’s strong entrepreneurial capabilities, his skillful expansion

intonewsectors,andhisabilitytotransformBharatForgefromaPune-

basedautocomponentmakertoagloballeaderintheforgingindustry,

arealldecidingfactorsintheGrandJuryconferringhimwiththeABLF

LifetimeAchievementAward.

“I am extremely humbled to be

receiving this prestigious award. I am

also very grateful that amongst the

tall leaders of Asia, this recognition

has come to me and I thank the ABLF

for the honour.”WitnessAsiaRising|ABLFAwards|115

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KISHORE MAHBUBANIDEAN; PROFESSOR IN THE PRACTICE OF PUBLIC POLICY, LEE KUAN YEW SCHOOL OF PUBLIC POLICY, SINGAPORE

SOUTH-EAST ASIA

ABLF LIFETIME ACHIEVEMENT AWARD

116|History-MakersoftheNewAsianCentury

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Mr Kishore Mahbubani is the Dean and Professor in the Practice of

PublicPolicyattheLeeKuanYewSchoolofPublicPolicyoftheNational

UniversityofSingapore.Concurrently,MrMahbubaniservesonboards

and councils of several institutions in Singapore, Europe and North

America,includingtheYalePresident’sCouncilonInternationalActivities,

the Association of Professional Schools of International Affairs, the

IndianPrimeMinister’sGlobalAdvisoryCouncil,theUniversityofBocconi

InternationalAdvisoryCommittee, theWorldEconomicForum-Global

AgendaCouncilonChina,andistheChairmanoftheLeeKuanYewWorld

CityPrizeNominatingCommittee.

MrMahbubanihaspublishedandspokeninallcornersoftheworldand

istheauthorofCan Asians Think?,Beyond the Age of Innocence: Rebuilding

Trust Between America and the World,andThe New Asian Hemisphere: the

Irresistible Shift of Global Power to the East.HisnewbookwillbeThe Great

Convergence: Asia, the West and the Logic of One World.

ProfessorMahbubaniwasawardedthePresident’sScholarshipin1967.

HewasconferredthePublicAdministrationMedal(Gold)bytheSingapore

Governmentin1998.TheForeignPolicyAssociationMedalwasawarded

tohim inNewYork in June 2004with the followingopeningwords in

thecitation: “Agifteddiplomat,a studentofhistoryandphilosophy,a

provocativewriterandanintuitivethinker.”

MrMahbubaniwasalsolistedasoneofthetop100publicintellectualsin

theworldbyForeignPolicyandProspectmagazinesinSeptember2005,

andincludedinthe2009FinancialTimeslistofTop50individualswho

wouldshapethedebateonthefutureofcapitalism.Mostrecently,Mr

MahbubaniwasselectedasoneofForeignPolicy’sTopGlobalThinkers

in2010and2011.

Popularlydescribedas ‘themuseof theAsianCentury’by intellectuals

across the board, Professor Mahbubani has proved himself an

inspirationalthinkerandmentor;theABLFLifetimeAchievementAward

honourshisacademicexpertiseandstrongpresenceinpolicy-making.

“It is a great honour for me to receive

the ABLF Lifetime Achievement Award.

I am particularly pleased that this

award recognises individuals for their

contribution to Asia’s development.

In recognising the outstanding

contributions made by Asian leaders

in a variety of spheres, the Awards will

help to spur Asia’s development even

faster. I wish the ABLF great success in

the coming years.”

WitnessAsiaRising|ABLFAwards|117

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TheABLFWomanofPowereffortlesslystraddlesatraditional

and conventional social environment and a cutting-edge

modern business world, is commanding, influential

and embodies the culture and values of Asia. She is

committedtoexcellenceandinnovation,andmaintains

healthyinterpersonalrelationshipswithinherbusiness

environment. Above all, she is an achiever who

cherishesfamilyandcommunityvaluesandachieves

a balance between her work and her home, and

is held as a role model for women achievers

around theworld. TheABLFAwards celebrates

thewomenofAsiawhocommandrespectand

admiration globally for their effective role in

thenewAsianbusinessspace.

ABLF WOMAN OFPOWER AWARD

118|History-MakersoftheNewAsianCentury

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CRITERIA

1 Byrelevancetocontext:PresenceintheIndustry,InfrastructureorEnergysectors

2 Byleadership:Inspiringleadershipandanexampleforyoungwomeninbusiness

3 Bycontribution:Keymemberofadecision-makingteam

4 Byinnovation:Significantcontributiontonewbusinessgrowthstrategies

5 Responsibility:Dovetailssustainabilityprinciplesintobusinessoperations

6 Inspirational:Toanewgenerationofbusinessmindsandasanexemplaryrolemodelforyoungwomen

7 Accoladesandrecognition:Nationalandinternationalawards

8 Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

9 Grace:Historyandcapabilityofhandlingbusinesssetbacks

10 Philanthropy:Publiclydocumentedcontributiontowardaltruisticinitiatives

11 Path-blazer:History-makingpresenceinindustry

12 Mentorship:Perceivedasamentorbyagenerationofyoungwomenanddemonstratesappropriatequalities

13 Activist:Supportswomen'sissuesinbusinessandsociety

14 Ambassadorship:Promotesandupholdshis/hercountry’svaluesininternationalenvironments

15 Participatory:Contributiontoeventspaceandoccasionsthathaveglobalrelevance

WitnessAsiaRising|ABLFAwards|119

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RAJA EASA AL GURGMANAGING DIRECTOR, EASA SALEH AL GURG GROUP, UAE

THE GULF

ABLF WOMAN OF POWER AWARD

120|History-MakersoftheNewAsianCentury

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Ms Raja Easa Al Gurg, Managing Director of the Easa Saleh Al Gurg

Group, is a well-known businesswoman in the Middle East. She has

achievedlaurelsforherstellarleadershipofthegroupandcounseland

her valuable insights have significantly contributed to the growth and

expansionofESAG.

Aleadingbusinesswomaninherownright,MsAlGurghascarvedaunique

nicheforherself intheregionduetohersupportandencouragement

ofArabwomenentrepreneurs.She is thePresidentofDubaiBusiness

WomenCouncil;DeputyChairpersonoftheBoardofDirectorsofDubai

Healthcare City Authority; a boardmember of the Dubai chamber of

commerce&Industry(DCCI)andDubaiWomen’sAssociation.Sheholds

membershipsattheDubaiEconomicCouncil,ArabInternationalWomen’s

Forum,NationalAdvisoryCouncilandCollegeofBusinessSciences.

MsAlGurgrepresentstheUAEatmany internationalconferencesand

round-tablesasakeynotespeakerandisalsopartoftheGovernment

ofDubai’sofficialdelegationforvarioustradeandcommercemeetings.

Herrecentspeakingengagementsincludekeynotespeechesatthefifth

German-ArabHealth Forum inMunich andWomenasGlobal Leaders

Conference2012,heldatZayedUniversityinAbuDhabi.MsAlGurgalso

hostedthefirstMENABusinesswomen’sNetworkForuminhercapacity

asthePresidentoftheDubaiBusinessWomenCouncil.Shewasalsoa

memberoftheFamilyBusinessPanelduringtheAmericanUniversityof

Sharjah’sBusinessForum.

Ms Al Gurg,who is ranked fifth in the list of the ‘100Most Powerful

ArabWomen2012,’ compiledbyCEOMiddleEast;was ranked58th in

the listof the ‘World’sMost InfluentialArabs’ in theArabianBusiness

2012Power500 listing. Shewasalsogiven the ‘Most InfluentialArab

Woman in Family Business’ award at the Forbes Middle East CEO’s

Forum 2012. Forbes International also listed her as the fourth most

‘PowerfulArabBusinesswoman’in2006.Shehasearnedseveralother

plaudits and awards in recent years. These include the ‘StevieAward

forWomen in Business’ in 2011 and the ‘World of Difference Award’

from the International Alliance for Women in 2009. Ms Al Gurg was

alsoselectedasthefigureofthemonth,‘TheMotherofPearlamongst

Businesswomen’,bytheAlWarefInstituteforHumanitarianStudiesin

Washingtonin2010.

Ms Al Gurg has played an integral role in raising the profile of Arab

women in business, thus serving as inspiration to a whole new

generationofyoung,impressionableArabwomen,whichmakesherthe

idealrecipientoftheABLFWomanofPowerAward.

“I am deeply honoured to be a recipient of the ABLF Woman of Power Award. Accolades

such as these inspire me to empower more women to achieve success in their chosen fields.

I believe that desire is the key to motivation, but it’s the determination and commitment

to an unrelenting pursuit of your goal, a commitment to excellence that will enable you

to attain the success you seek.”

WitnessAsiaRising|ABLFAwards|121

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MALLIKA SRINIVASANCHAIRMAN & CEO, TRACTORS AND FARM EQUIPMENT LIMITED (TAFE), INDIA

INDIA

ABLF WOMAN OF POWER AWARD

122|History-MakersoftheNewAsianCentury

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MsMallika Srinivasan is a thought leader and a strategist, recognised

for her contribution to the Indian agriculturemachinery business and

academia. She is presently the Chairman and Chief Executive Officer

ofTAFE(TractorsandFarmEquipment),aUS$1.6billiontractormajor

incorporatedin1960inChennai,India.TAFEexportstoover77countries,

includingdevelopedcountriesinEuropeandtheAmericas.

Inaspanof25years,MsSrinivasanhassteadilybuiltTAFEtobecomethe

world’sthirdlargesttractormanufacturer,thecountry’slargestexporter

of tractorsand themostprofitable tractormanufacturer in theworld.

Shehasskilfullymanagedtotransformtheorganisationintoaleanyet

resilientmachinewhentractorindustryvolumesdroppedbycloseto50

percentintheearlypartofthepreviousdecadebycuttingdownoncosts

yet ensuring that product and process developmentwere unaffected.

This ensured TAFE’s resurgence, once themarket revived,with a slew

of new products. She led the company’s growth to its present status

withrevenuesofUS$1.6billionwithdiverseinterests intractors,farm

machinery, diesel engines, engineering plastics, hydraulic pumps and

cylinders,batteries,automobilefranchisesandplantations.

With a proven track record of propelling TAFE from an Indian

tractormajortoaglobalplayerfacilitatingexponentialgrowth,and

engineering a seamless takeover of Eicher Tractors in 2005 while

ensuring improved operations and profits after the takeover, Ms

Srinivasanhasconsistentlyfocusedonensuringconsistentprofitable

growththatisinclusiveofallstakeholders.

A university gold-medallist in Econometrics from the University of

Madras, she graduated as a member of the Dean’s Honour List,

andtheAlphaBetaGammaSocietyfromtheUniversityofWharton,

Pennsylvaniaandwasrankedasoneofthetop125mostsuccessful

alumnioftheWhartonSchoolofBusiness.

MsSrinivasanhasledavarietyofindustrybodiesandisactivelyinvolved

inpromotingIndianbusinessinIndiaandabroad.Sheadvocateslearning

asanintegralpartofachievingorganisationalandindividualexcellence.

Her achievements in the years 2011 and 2012 are testimony to her

professionalism.In2011,shewasnamedamongthe‘SixMostPowerful

Women of India Inc.’ by Business Today; and recognised by Forbes

Asiaasoneofthetop ‘50AsianPowerBusinesswomen.’ In2012,the

Economic Timesnamedheramongthe‘TopWomenCEOsofIndiaInc.’,

and Forbes Indiaawardedherthe ‘WomanLeaderoftheYear’award.

FortuneIndia’s2012listfeaturedMsSrinivasansecondamongIndia’s

‘50MostPowerfulWomeninBusiness.’

Forherextraordinarycontributiontoherworkandhercountry,and

for successfully spearheading a company in a field dominated by

men,Ms.SrinivasandoescompletejusticetothecriteriafortheABLF

WomanofPowerAward.

“I am deeply privileged to receive the

ABLF Woman of Power Award. The

Award recognises and encourages the

rapidly growing role of women in Asia’s

economic development. Women bring to

the corporate world unique perspectives

and competencies, and represent a

valuable talent pool that adds richness

and diversity, while at an individual level

they may continue to face challenges in

the varied socio-political environment

that dots Asia.”

WitnessAsiaRising|ABLFAwards|123

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SHINTA WIDJAJA KAMDANIMANAGING DIRECTOR, SINTESA GROUP, INDONESIA

SOUTH-EAST ASIA

ABLF WOMAN OF POWER AWARD

124|History-MakersoftheNewAsianCentury

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ShintaWidjajaKamdaniistheManagingDirectoroftheSintesaGroup,

an Indonesian conglomerate of 17 subsidiaries with operations in

consumer products, industrial products, real estate and the energy

sector.Responsiblefortheoverallmanagementofthegroup’sactivites,

MsKamdaniisdulycreditedforthesignificantexpansionofthegroup’s

businessactivationsinIndonesiaandforthesubsequentinternational

interestandinvestmentinthegroup,thuscreatingapowerfuldomestic-

internationalbondinthecountry.

GraduatedfromBarnardCollegeofColumbiaUniversityNewYorkandin

ExecutiveEducationatHarvardBusinessSchool,Boston,Massachusetts,

MsKamdaniisactivelyinvolvedandisleadingmanysocialandbusiness

initiativesandorganisationswithsocial,environmentalandcommunity

agendas.SheisalsotheVicePresidentoftheIndonesianChamberof

Commerceand Industry;andholdsvariouspositions indistinguished

non-profit organisations such as Chairwoman of the Employers’

Association of Indonesia (APINDO); President of Indonesia Business

CouncilforSustainableDevelopment(IBCSD);RegionalExecutiveBoard

of ASEAN’s Young Presidents Organization (YPO); Executive Board

Memberof IndonesianWorldWideFundForNature(WWFIndonesia)

andIndonesiaAidsFoundation(YAI).

Shewas also instrumental in settingup theGlobal Entrepreneurship

Program Indonesia (GEPI) in January 2011, with 13 other Indonesian

entrepreneurs, andhasbeenentrustedasViceChairof theGEPI. Its

missionistostrengthenthegrowthofentrepreneurship in Indonesia

andtoactasacatalystintheentrepreneurshipstrategyinthecountry,

thusmakingglobalopportunitiesand investmentprospectsavailable

forIndonesianentrepreneurs.

Ranked amongst the ‘50 Power Businesswomen across Asia’, Ms

KamdanihasplayedanintegralroleinraisingtheprofileofSouth-East

Asianwomen in business, setting an examplewith performance and

sheerdetermination,hencemakingher the idealchoice for theABLF

WomanofPowerAward.

“I believe that women of the world are

on the rise and we are now in a much

better position to not only achieve

more, but also give more to the world.

I am but one woman trying my best to

be the best in what I do. I am certain

there are more women out there,

achieving or fighting more to have

their achievements acknowledged.

With them, I share this award.”

WitnessAsiaRising|ABLFAwards|125

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The ABLF Business Excellence Award recognises and

celebrates business organisations that adopt a holistic

approach to building and sustaining both business

excellenceanddevelopinghumanresources.Cultivating

excellenceasaunited,sustainedeffortandinnovation

asanaturalworkstyle,thisawardrecipientisapower

house organisation that has continually channelled

energies to create outstandingwork environments

thatpromotecommitment,reinforcebestbusiness

practices and consistently sharpen the skill-sets

of its employees to ensure optimumutilisation

of both human resource potential as well as

opportunitycapital.

ABLF BUSINESSEXCELLENCE AWARD

126|History-MakersoftheNewAsianCentury

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CRITERIA

1Byrelevancetocontext:PresenceinIndustry,InfrastructureorEnergySector

2 Byleadership:Powerfuldecision-makingteam

3Bybrand-creation/management:Buildingandsustainingabusinessbrandwithaglobalpresence

4Bywealth-creation/management:Businessrevenuesandexploringnewavenues

5 Businesselitevanguard:Leadpositioninthesectorofbusiness

6Byendurancequotient:Steadygrowthandadvancementinbusiness

7Responsibility:Dovetailssustainabilityprinciplesintobusinessoperations

8Strongemployer:Companywithhumanresourcestrengthofover5,000internationally

9 Reputation:ImpeccablerecordandcertificationforHSEandHSQ

10Contemporary:Continuallyexploresnewopportunitiesinunexploredmarkets

11 Grace:Historyandcapabilityofhandlingbusinesssetbacks

12CSR:Publiclydocumentedcontributiontowardaltruisticinitiatives

13 AccoladesandRecognition:Nationalandinternationalawards

14Sharpeningskillsets:ConsistentlyinvestsinemployeetrainingprogrammestoensureoptimisationofHRskills

15Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

WitnessAsiaRising|ABLFAwards|127

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THE GULF

ABLF BUSINESS EXCELLENCE AWARD

128|History-MakersoftheNewAsianCentury

Dr. Amer Al-Rawas Chief Executive Officer, Omantel, Oman

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OmanTelecommunicationsCompany(Omantel)isthepioneerprovider

of integratedtelecommunicationsservicesintheSultanateofOman.It

offers the widest choice of state-of-the-art services with the broadest

network coverage. The organisation aims to listen to its customers’

feedbackwhilestrivingtodeliveronitspromises.

Omantelhasofferedthefullspectrumoftelecommunicationssolutions

tothepeopleandbusinessesofOmansincethedawnoftherenaissance

in1980.Overtheyears,asthepioneeringtelecommunicationssupplier,

it has striven to connect even themost remote communities to each

otherandtotherestoftheworld.

The systemsOmantel has in placemean the company has the ability

tohostinternationalcontentlocallytoensurefasterandhigherquality

provisionofinternetservices.Omantelcurrentlyhaslinkstoglobalcable

networks spanning a total of 105,300 kilometres – which equates to

travellingnearlythreetimesaroundtheequator.

Overthelastfewyears,Omantelhasgraduallyexpandeditsinternational

networkandthroughsuchinvestmentsensuredthatthecountryisnow

animportantstagingpostforglobalnetworks.

AsmuchasOmantelisfocusedoncreatingvalueforitsshareholdersby

maintainingasoundbusinessandfinancialperformance,thecompany

isalsocommittedtobeingaresponsiblecorporatecitizenandenriching

people’s lives in the Sultanate through its CSR initiatives. Omantel

concentratesonthreefocusareas:Health,Safety&Environment(HSE),

ICT, andSocial Partnership andCharitableprojects. In supporting and

implementingCSRinitiatives,Omantelutilisesitsownexperience,reach

andresourcesandworkscloselywithitspartnersincludinggovernment

institutions,privatesectororganisationsandnon-profitorganisationsto

ensurethattheaspiredpositiveimpactonthesocietyisrealised.

Asapillarof theOmanieconomy,Omantelhasbeena leadingplayer

inOman’snationalprogressanddevelopmentandputtingthecountry

underglobalspotlight,hencemakingitthemostdeservingrecipientof

theABLFBusinessExcellenceAwardacrosstheGCC.

“I would like to thank my colleagues, the

employees of Omantel Group for making

the holistic sustained growth of Omantel

possible by excellence in business. I

would also like to thank pioneers

in business in Oman for providing

inspiration for young leaders like myself

and my colleagues at Omantel.”DR AMER BIN AWADH AL-RAWAS Chief Executive Officer, Omantel, Oman

WitnessAsiaRising|ABLFAwards|129

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INDIA

ABLF BUSINESS EXCELLENCE AWARD

130|History-MakersoftheNewAsianCentury

Manoj Gaur Executive Chairman & CEO, Jaypee Group, India

Page 135: ABLF Awards 2012 Coffee-Table Book

The Jaypee Group is a diversified infrastructure conglomerate with a

turnoverofUS$2billionandhasbusinessinterestsinengineeringand

construction,power,cement,realestate,hospitality,expressways,sports

andeducation.Transformingchallengesintoopportunitieshasbeenthe

hallmarkoftheJaypeeGroupsinceitsinceptionfivedecadesago.

TheEngineeringandConstructionarmofthegroupisanacknowledged

leaderintheconstructionofmulti-purposerivervalleyandhydropower

projects.Ithastheuniquedistinctionofhavingsimultaneouslyexecuted

13 hydropower projects spread across six states in India and in the

neighbouringcountryofBhutanforgenerating10,290MWofpower.

The JaypeeGroup,with its operational projects of 1700MW is India’s

largestprivatesectorhydropowerproducer.Thegroupwillhaveatotal

hydropowergenerationcapacityofover5600MWby2020andistheonly

integratedsolutionproviderforhydropowerprojectsinthecountrywith

a trackrecordofstrongproject implementation indifferentcapacities,

and has participated in the development of 27 percent of the India’s

installedhydro-powercapacity.

After having established a strong presence in the hydropower sector,

theJaypeeGrouphasinitiateditsentryintothermalpowergeneration,

powertransmissionandhasalsoforayedintowindpower.Furthermore,

thegroupisthethirdlargestcementproducerinthecountryunderthe

brand name ‘Jaypee Cement’. Its cement division currently operates

cementplantswithanaggregatecapacityof28MnTPA.

“I am honoured to accept the ABLF Business Excellence Award on behalf of everyone

at the Jaypee Group. For over five decades, we have remained committed to strategic

business development in infrastructure and we are very happy to know our efforts

have been acknowledged on an international scale, and I thank the ABLF Grand Jury

for this recognition.” MR MANOJ GAUR Executive Chairman & CEO, Jaypee Group, India

The group’s hospitality business owns and operates six properties,

includingfourfive-starhotelswithstate-of-the-artspasandanaggregate

capacityof900rooms.

TheJaypeeGroupisapioneerinthedevelopmentofIndia’sfirstgolfcentric

real estate, Jaypee Greens, a world class fully integrated complex that

consistsofan18-holeGregNormanGolfCoursespreadover452acres.

The group hosted India’s first ever Formula One Grand Prix in 2011

andthesecondonein2012.Thetrackisreadytohostothertop-level

internationalmotorsportsevents.

As part of its CSR initiatives, the JaypeeGroup currently provides

education across all spectrums of the learning curve through 41

institutions catering to the education of over 30,000 students.

The JaypeeEducationSystemplanstoexpand its infrastructureto

provideeducationtoauniverseof200,000studentsinlessthana

decadefromnow.

Fromhumblebeginningstoaconglomeratewithformidablepresence–

JaypeeGroup’sfive-decadeclimbtothetophasbeenaforcetoreckon

with;theABLFBusinessExcellenceAwardrecognisesthisphenomenal

andinspirationalachievement.

WitnessAsiaRising|ABLFAwards|131

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SOUTH-EAST ASIA

ABLF BUSINESS EXCELLENCE AWARD

132|History-MakersoftheNewAsianCentury

Mr A.K. NathanChairman & Managing Director, Eversendai Group, Malaysia

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“It is indeed a great honour to be awarded

the ABLF Business Excellence Award for

South-East Asia. Thank you.”MR A.K. NATHANChairman & Managing Director, Eversendai Group, Malaysia

Eversendai commenced its operation in 1984 as a structural steel

companyinMalaysiaandisnowafully-fledgedmatured,dynamicand

well-established structural steel turnkey contractor and a specialist

powerplantcontractorwithanimpeccableInternationaltrackrecord.

Foundedin1984byDatoA.K.Nathan,EversendaiCorportationBerhadis

principallyengagedintheengineering,fabricationdesignanderectionof

mechanicalandstructuralwork.Thegrouphasevolvedfromastructural

steelerectionspecialisttooneofAsia’sleadingintegratedstructuralsteel

turnkeycontractorsandpowerplantcontractors.

An ISO 9001 certified company, headquartered in Rawang, Malaysia,

Eversendai has carved a name for itself as an industry leader in the

structuralsteeldesign,fabricationanderectionofsteelworkforhighrise

buildings,heavyindustrialplants,stadiums,steelbridges,roofstructures,

infrastructureprojectsandinstallationofmechanicalandelectricalworks

forpowerandindustrialplants.

Eversendaiisoneofthemostsoughtafterstructuralsteelenterprisein

theworld,havingservedclients inover11countriessuchasMalaysia,

Singapore, Thailand, Philippines, Indonesia, Hong Kong, Oman, Saudi

Arabia,Bahrain,QatarandUnitedArabEmirates.

Withaworkforceofover7,500personnel,Eversendaihasconstructed

someof theworld’s famous landmark structures establishing itself as

amajorstructuralsteelandpowerplantcontractor in theMiddleEast

andtheAsianregion,making ita trulydeservingrecipientof theABLF

BusinessExcellenceAward2012fromacrossSouth-EastAsia.

WitnessAsiaRising|ABLFAwards|133

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TheABLFBusinessCourageAwardrecipientisaformidable

businessmanwhodefinestheessenceofatrueleader,one

wholeadseffortlesslyduringtimesofplentyandtimesof

crisis, ensuring the safety of both, company as well as

itshumanresourcecapital.Thisprofileisbold,decisive

andatruewarrioroflight.His/herspiritembodiesthe

energyofmanifestation.He/shemakessuccessahabit

and passionately leads his/her people to greater

heightswithvision,innovationandcompassion.

ABLF BUSINESSCOURAGE AWARD

134|History-MakersoftheNewAsianCentury

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CRITERIA

1Byrelevancetocontext:PresenceinIndustry,InfrastructureorEnergySector

2Byleadership:Fearless,risk-takerandanexampleforentrepreneurs

3Bywealth-creation/management:Businessrevenuesandexploringuncharteredterritory

4Braveinnovations:Businessleaderpioneeringunconventionalinitiativesandnewbusinessgrowthstrategies

5Byendurancequotient:Steadygrowthandadvancementinbusiness

6Contemporary:Continuallyexploresnewopportunitiesinunexploredmarkets

7 Innovation:Recordofatleastonepioneeringinitiative

8 Bycourage:Leadershipduringtimesofcrisis

9 Powernetwork:Forgesground-breakingbusinessrelationships

10Courageunderfire:Recordofonemajorachievementduringtheeconomiccrisis

11 Accoladesandrecognition:Nationalandinternationalawards

12Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

13 CSR:Publiclydocumentedcontributiontowardaltruisticinitiatives

14 Grace:Historyandcapabilityofhandlingbusinesssetbacks

15Strongemployer:Companywithhumanresourcestrengthofover2,000internationally

WitnessAsiaRising|ABLFAwards|135

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H.E. SULTAN BIN SULAYEMCHAIRMAN, DP WORLD, UAE

THE GULF

ABLF BUSINESS COURAGE AWARD

136|History-MakersoftheNewAsianCentury

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His Excellency Sultan Ahmed Bin Sulayem cemented his position as

one of theUnitedArab Emirate’s leading businessmenwhenhewas

appointed Chairman of Ports, Customs & Free Zone Corporation,

andChairmanofDPWorld, the third largestports firm in theworld,

operatingmorethan60terminalsacrosssixcontinents.

A BS graduate in Economics – Temple University Philadelphia,

his educational background, expertise and visionary leadership

spearheaded the rapid expansionofDubai’s infrastructure, including

ports, free-zones, urban development, as well as Dubai’s successful

tourismindustry,amongstothersectors.

Hehasalsobeencreditedwithoverseeing the rapiddevelopmentof

theJebelAliFreeZone(JAFZA)intoanunrivalledbusinessparkofmore

than 6,700 companies from120 countries and establishing its global

arm,JafzaInternational.

Withover25years’experienceinthemarineterminalindustry,hehas

held several key positions in important government organisations,

fromformerChairmanof investmentgiantDubaiWorld, toExecutive

ChairmanofNakheel,therealestatefirmthatbuilttheiconicPalms,

the world’s largest man-made islands. He has also established and

successfully led IstithmarWorld,amajor investmenthouse focusing

on private equity with a portfolio of investments in diverse sectors

across North America, Europe, Asia and the Middle East including

retail,financialservices,industry,tourismandhealthcare.

Another credit to his portfolio is the instrumental role he played in

pioneering the Dubai Multi Commodities Centre (DMCC), the only

internationalcommoditycenterintheregionforgold,preciousmetals,

diamonds,energyandothercommodities.

A legendarybusinessmanwhohelped transform theUAE froma

country that struck oil in the late 1970s to a major trading and

tourismhub,H.E.SultanBinSulayemis the idealrecipientof the

ABLFBusinessCourageAward.

“I am honoured to have been selected for this prestigious award. Asia is the vibrant centre

of economic growth in the world today and we at DP World are proud to support that

growth today and into the future.”WitnessAsiaRising|ABLFAwards|137

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ANAND MAHINDRACHAIRMAN & MANAGING DIRECTOR, MAHINDRA & MAHINDRA, INDIA

INDIA

ABLF BUSINESS COURAGE AWARD

138|History-MakersoftheNewAsianCentury

Page 143: ABLF Awards 2012 Coffee-Table Book

Mr Anand Mahindra began his career at Mahindra in 1981 when he

joinedMahindraUgineSteelCo(MUSCO),amajorproducerofspecialty

steels, as Executive Assistant to the FinanceDirector. In 1989, hewas

appointed President and Deputy Managing Director of the company.

WhileatMUSCO,hespearheadedMahindra’sgrowthanddiversification

intonewbusinessareaslikerealestateandhospitalitymanagement.

In 1991, he was appointed DeputyManaging Director of Mahindra &

Mahindra, India’s leading producer of tractors and off-road vehicles.

He initiated a comprehensive change program tomake the company

anefficientandaggressivecompetitor inthenewliberalisedeconomic

environmentinIndia.HebecameaManagingDirectorin1997,andwas

promotedtoViceChairmanin2003.HewasappointedChairmanin2012.

MrMahindraalsoservesontheboardoftheHarvardBusinessSchool

AssociationofIndia;theCouncilandExecutiveCommitteeoftheNational

SportsDevelopment Fund (NSDF),Governmentof India; and the India

CouncilforSustainableDevelopment.

Mr Mahindra takes a keen interest in education, and apart from

beingaTrusteeoftheK.C.MahindraEducationTrust,whichprovides

scholarships to students, he is also on the Board of Governors of

the Mahindra United World College of India. In 1996, he initiated

the Nanhi Kali program to provide free education to economically

underprivileged girl children in India. He is also a Life Trustee

on the Board of the Naandi Foundation, a leader in providing

academicsupportanddailymealstomorethan1.3millionchildren

in government schools aswell as providing agriculture andnatural

resourcemanagementknowledgetosmallfarmersacrossIndia.

Mr Mahindra frequently shares his views and ideas on economics

andbusiness throughhiswritings in variousbusinessmagazines.He

graduatedmagna cum laude fromHarvard College, USA in 1977 and

earnedanMBAfromtheHarvardBusinessSchool,USAin1981.Astrong

believerinthepowerofliberalartstoshapetheleadersofthefuture,

Mr Mahindra gave an endowment of US$ 10million to the Harvard

HumanitiesCentre in2010—nowknownas theMahindraHumanities

Centre.

For guiding his company to its incredible success while never losing

sightofphilanthropy,Mr.MahindraisaninspiringwinneroftheAsian

BusinessCourageAward.

“This award is for courage in business

and has a very generous description

about the kind of person it deserves to

be bestowed upon. So I am surprised,

delighted, grateful and flattered that

the jury has thought me worthy of the

high standards of this award.”

WitnessAsiaRising|ABLFAwards|139

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GARIBALDI THOHIRPRESIDENT DIRECTOR, PT ADARO ENERGY, INDONESIA

SOUTH-EAST ASIA

ABLF BUSINESS COURAGE AWARD

140|History-MakersoftheNewAsianCentury

Page 145: ABLF Awards 2012 Coffee-Table Book

MrGaribaldiThohiristhePresidentDirectorandCEOofAdaroEnergy.

Underhis leadership, Adaro Energy is on track tobecominga leading

Indonesianminingandenergygroup.MrThohirhascomea longway,

startingoutbyriskingeverythingtoacquireaminorityinterestinasmall

coaljointventureinSouthSumatra,totodayco-owningandrunningthe

biggestsinglesitecoalmineintheSouthernHemisphere.

MrThohirearnedaBachelor’sdegreefromtheUniversityofSouthern

California and an MBA from Northrop University, Los Angeles, USA.

After receiving anMBA, hebought a stake inAllied IndoCoal,which

failed,providing invaluable lessons for the future. In1997,MrThohir

investedUS$500,000inWahanaOttomitraMultiartha(WOMFinance),

a motorcycle-financing company. He built the company and took it

publicin2004.Ayearlater,hesold67percentofhissharesinWOM

FinanceandreinvestedinPTAdaroEnergy.

TheacquisitionofAdaroin2005propelledhimtotheranksofIndonesia’s

businesselite.MrThohirisoneofthemostwell-connectedbusinessmen

inJakartawithalargenetworkofconnectedplayersintheindustryand

governmentthathavehelpedhimcreatenewinvestmentopportunities.

MrThohirhaswonnumerousawardsforhisachievements.In2010,he

wasnamed ‘Best CEO in Mining’byMajalahTambang,and, in2012,he

receivedtheJewelsofMuslimWorldAward,whichrecognisessuccessful

business leaders in theMuslimWorld,andservesas reward for their

hardworkandcontributionstoeconomicgrowth.

WithalifetimepassionforIndonesia,herealisedawell-runminecould

alsohelpnationaldevelopment.Nowatonly46yearsofage,hehasno

planstoslowhisambitiousplans.Hesays,“Youmustbelieveinyourself

andyouridea,butmoreimportantthanperseveranceandworkinghard

istheabilitytotakecalculatedrisks.”

For his determination and resolution to succeed and his service to

Indonesia,Mr.ThohirtrulydeservesthehonouroftheABLFBusiness

CourageAward.

“It is an absolute honour to be chosen as the ABLF Business Courage Award recipient. I

wouldn’t be here without everyone who has supported Adaro to become what it is today.

This award will provide a profound support for us to contribute even more to the world

especially to the Asian business environment. We hope that the current global market

difficulties will end soon; hence it will recover to its normal condition.”WitnessAsiaRising|ABLFAwards|141

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TheABLFTrailblazer isabusiness innovatorandvanguard.

Thisindividualhassecuredaplaceintheimpressiveworld

of business achievers with an unprecedented record of

powerfulandoriginalbusinessstrategies.ThisTrailblazer

embodies immense talentandhis/hermeteoric rise is

testamenttotheexcellentqualityofservicehe/shehas

contributedtowardstheirfieldofwork.Thisindividual

hassparkedatrendwithasuccessfulbusinessmodel

thathasbeenaninspirationforotherstofollow.

ABLF TRAILBLAZERAWARD

142|History-MakersoftheNewAsianCentury

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ABLF TRAILBLAZERAWARD

CRITERIA

1ByLeadership:Fearless,risk-takerandanexampleforentrepreneurs

2Bywealth-creation/management:Businessrevenuesandexploringuncharteredterritory

3 Path-blazer:History-makingpresenceinindustry

4 Innovation:Recordofatleastonepioneeringinitiative

5Contemporary:Continuallyexploresnewopportunitiesinunexploredmarkets

6Accountability:Followscorporategovernancenormsandpromotesemployeewelfareinitiatives

7 Businesselitevanguard:Leadpositioninthesectorofbusiness

8Byendurancequotient:Steadygrowthandadvancementinbusiness

9Bybrand-creation/management:Buildingandsustainingabusinessbrandwithaglobalpresence

10 Inspirational:Toanewgenerationofbusinessminds

11Responsibility:Dovetailssustainabilityprinciplesintobusinessoperations

12 AccoladesandRecognition:Nationalandinternationalawards

13 CSR:Publiclydocumentedcontributiontowardaltruisticinitiatives

14Mentorship:Perceivedasamentorbyyoungergenerationanddemonstratesappropriatequalities

15Philanthropy:Publiclydocumentedcontributiontowardaltruisticinitiatives

WitnessAsiaRising|ABLFAwards|143

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VANDANA LUTHRAFOUNDER & MENTOR, VLCC, INDIA

ABLF TRAILBLAZER AWARD

144|History-MakersoftheNewAsianCentury

Page 149: ABLF Awards 2012 Coffee-Table Book

WidelyrecognisedastheleaderintheIndianbeauty,healthandfitness

industry,MsVandanaLuthraistodayrecognisedasanauthorityinthe

wellnessindustry.

AsFounderandMentor,sheistheguidingforcebehindVLCC–theiconic

health,beautyandwellnessbrand tohaveemergedoutof the Indian

subcontinent,whosepresencecurrentlyspansover300locationsacross

121citiesin16countries,includingIndia,SriLanka,Malaysia,UAE,Oman,

Bahrain,KuwaitandtheUAE.

VLCCistheindustryleaderinthewellnessdomainandoffersadvanced

andeffectivepersonalisedsolutionsthatshowcaseastrongglobalvision.

Havingservedover10millioncustomerssinceitsinception,VLCC,today,

has achieved an iconic status and is theMiddle East and SouthAsia’s

mostpreferredwellnessbrand.

MsVandanaLuthra’sentrepreneurialjourneywassparkedbyhervision

tomakehealthandfitnessaccessibletoallsegmentsofsociety.VLCCis

“I would like to thank ABLF for this

most prestigious award and I humbly

accept this award on behalf of my VLCC

family, which has majority women

who have worked very hard to turn my

vision into reality. As an entrepreneur,

awards motivate you and make you feel

positive, especially in an industry like the

wellness.”

amanifestationofthatdream.Shehasworkedpainstakinglytohelpthe

weight-management, beauty and wellness industry be recognised as

anorganisedsector,settingqualitystandards,benchmarkingservices

andcustomersatisfactionwhileemploying topof the line technology

andapplications.HerendeavourshavebeentowardsplacingtheIndian

beauty and fitness industry at par with those of themost advanced

countriesinternationally.Consequently,VLCCtodayplaysakeyroleas

amemberofthetechnicalaswellasaccreditationcommitteesofIndia’s

NationalAccreditationBoardforHospitalsandHealthCareProvidersto

setandimplementqualitystandardsforthewellnessindustry.

VLCC has evolved as a reference point for the wellness industry in

India,settingnewstandardsforhealthandfitness.Leveragingonthe

company’s intrinsic strengths of a strong brand presence, a captive

customerbaseandextensiveresearchcapability,thegroup,underMs

Luthra’sdirection,ismakingambitiousplanstodiversifyintonewareas

ofbusinesswithsignificantinternationalpresence.

Ms Vandana Luthra believes that business and society are largely

interdependent.Thewell-beingofonedependsofthewell-beingofthe

other.Thisbeliefhasencouragedhertoactivelypursueherpassionfor

providingopportunities forothers.Aspartof itsCSR initiatives,VLCC

providesfreetrainingtophysicallychallengedpeopleandsupportsthe

underprivilegedwithjobsatthecentres.

EmpowermentofwomenisacausethatisveryclosetoMsLuthra’sheart.

Nearly 70 percent of VLCC’s employees are women. Working hours,

facilities,andhumanresourcepoliciesaregearedtowardsprovidinga

secureandprogressiveworkenvironmenttoallVLCCemployees.

Her powerful and innovative business strategies, proven success

and unfaltering vision makes her the ideal recipient of the ABLF

TrailblazerAward.

WitnessAsiaRising|ABLFAwards|145

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H.E. Maqbool Ali Sultan Former Minister of Commerce & IndustryOman

H.H. Sheikh Nahayan Mabarak Al Nahayan Minister of Culture, Youth and Community Development, UAE

H.E. Low Pit Chen Charge D’Affaires, Singapore Embassy, UAE

Mr Mohan JashanmalChairmanJashanmal National Company, UAE

Ms Fatima Al JaberCOO & Executive DirectorAl Jaber Group, UAE

Mr Charles Moore Jr Regional PresidentLockheed Martin Middle East

Ms Malini N. MenonManaging DirectorIndian Expressions, UAE

H.E. Dr Thaksin ShinawatraFormer Prime MinisterThailand

H.E. Khalfan Saeed Jumaa Al Kaabi Vice ChairmanAbu Dhabi Chamber, UAE

H.E. Rashid Al LeemDirector GeneralHamriyah Free Zone, UAE

Mr Venu RajamonyPress Secretary to the President of India

Dr P. Mohamed Ali Vice Chairman & Managing DirectorGalfar, Oman

Mr Baba KalyaniChairmanKalyani Group, India

H.E. Khalil Al Khonji ChairmanFederation of the GCC Chambers &Oman Chamber of Commerce

H.E. M.K. Lokesh Ambassador of India to the UAE

H.E. Salman Al FarisiAmbassador of the Republic of Indonesia to the UAE

EVENT ATTENDEES

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Ms Mallika SrinivasanChairperson & CEO TAFE, India

Mr Robert BoothCEO, Emaar Properties

Dr Amer bin Awadh Al RawasCEOOmantel, Oman

Mr Yusuff Ali M.A. Managing DirectorEMKE Group, UAE

Mr Rajiv LuthraManaging PartnerLuthra & Luthra, Law Offices, India

Ms Vandana LuthraFounder and MentorVLCC, India

Mr George JataniaChairmanLornamead, UK

Ms Nashwa Al QubaisiAdvocate & Board MemberAbu Dhabi Business Woman Council, UAE

Mr Mohamed Al RefaeiDirector, Foreign & Trade RelationsAbu Dhabi Chamber, UAE

Ms Natasha GangaramaniDirectorAl Fara’a Group, UAE

Mr Aqeel Jawad SultanManaging DirectorJawad Sultan Group, Oman

Mr Hasu Masrani ChairmanMitras International Trading, UAE

Mr Pradeep SinghVice Chairman and CEOIDFC Projects, India

H.E. Mohamed Helal Al MuhairiDirector GeneralAbu Dhabi Chamber, UAE

Mr Rajen KilachandPresident and CEODodsal Group, UAE

Khaled Salmeen Executive Vice-PresidentIndustrial Zones, Abu Dhabi Ports Company, UAE

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Mr Hamid ButtCOO, Global Whole Sale Banking Abu Dhabi Islamic Bank, UAE

Mr V. NandakumarHead- Corporate CommunicationsEMKE Group, UAE

Ms Bindu MenonGeneral MangerAsianet Middle East

Mr Manoj Prasad CEO and Managing DirectorSignature Capital PTE, UAE

Mr Chayo PuronomoHead of Indonesia Investment Promotion Centre (IIPC), UAE

Mr Siddharth BalachandranManaging DirectorBumga Group of Companies, UAE

Mr Kulwant SinghSecretary GeneralIndian Business & Professional CouncilUAE

Mr Animesh Kumar Group HR & Corporate CommunicationHead & Co-CEOIDFC Foundation, India

Mr Ajay SethiChairmanChannel 2 Group, UAE

Mr Satish SeemarMr Amit AroraCMO,Emaar Group, UAE

Mr Stephen Jurgenson PartnerPillsbury Winthrop Shaw Pittman, UAE

Mr Hitesh Bodani ChairmanBond Investment Group Holdings, UAE

Mr Nabeel HoodHead of Sales and MarketingCNBC Arabiya

Mr Manoj MathewBusiness Head ZEE TV (MENAP)

Tony Jashanmal Group Executive Director Jashanmal Group, UAE

EVENT ATTENDEES

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Dr Janakiraman MoorthyDirectorInstitute of Management Technology, UAE

Traditional lamp lighting ceremony

Mr Hisham AqeelEvent Management DirectorSheikh Nahayan’s Office, UAE

Mr N.S. Rao Regional Director - Middle East & IndiaEversendai, Malaysia

Mr Malik Noureed AwanCEOMMA Group, UAE

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ABLF AWARDSPHOTO GALLERY

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“It’s an outstanding initiative. The ABLF Series represents an effort to bring different parts of Asia together - the government leaders, business leaders, intellectuals - people who have contributed to changing their worlds together. It is extremely important that we have initiatives of this kind, when globally, the economic and political weight is shifting towards Asia from the West.”

- VENU RAJAMONY Press Secretary to the President of India

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“My heartiest congratulations to the ABLF Awards on bringing together the spirit of Asia. As an Asian Business Awards Middle East 2007 alumnus, it gives me great pride to see that the mandate of the event is Asia-focused. Collaboration is important, now more than ever, for Asia to achieve its full potential as the global economic torchbearer of the future.”

- YUSUFF ALI M.A. Managing Director, EMKE Group, UAE

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“The ABLF Awards is definitely one of the best awards recognised in the region. It awards the best Asian entrepreneurs, leaderships and people that have added a lot of good to the continent. It was a great pleasure to be present today and to be a part of the ceremony and giving awards to the most recognised leaders of the continent.”

- KHALED SALMEEN

Executive Vice President, KIZAD, UAE

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“Such events bring together people who think for the better of the world, to talk about how things can be sustained, and everyone can share the benefits and be inclusive. I feel very privileged to be a part of such an event.”

- DR RASHID AL LEEM Director General

Hamriyah Free Zone Authority, UAE

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ABLF SIGNATURE WALL

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COCKTAIL RECEPTION

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“I congratulate ABLF and Indian Expressions for giving us this opportunity to honour people who have done extremely well in their respective industries and set new benchmarks of excellence. It is motivating for people who are watching and who are receiving the honour.”

- NATASHA GANGARAMANI Director, Al Fara’a Properties, UAE

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ABLF GLOBAL ASIANAWARD

Mr Robert Booth, CEO of Emaar Properties, accepts the ABLF Global Asian Award on behalf of Mr Mohammed Alabbar.

H.E. Thaksin Shinawatra accepts the ABLF Statesman Award (South-East Asia) from H.H. Sheikh Nahayan Mabarak Al Nahayan.

ABLF STATESMAN AWARD

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ABLF LIFETIMEACHIEVEMENT AWARD(GULF)

WitnessAsiaRising|167

Mr Khalfan Saeed Jumaa Al Kaabi and H.E. Maqbool Ali Sultan present the ABLF Lifetime Achievement Award (Gulf) to H.E. Khalil Al Khonji on behalf of H.E. Dr Omar Zawawi, Founder & Chairman, Omzest, Oman

ABLF LIFETIMEACHIEVEMENT AWARD(SOUTH-EAST ASIA)

H.E. Low Pit Chen, Charge D’Affaires, Singapore Embassy, UAE, accepts the ABLF Lifetime Achievement Award (South-East Asia) on behalf of Mr Kishore Mahbubani

ABLF LIFETIMEACHIEVEMENT AWARD(INDIA)

Mr Baba Kalyani accepts the ABLF Lifetime Achievement

Award (India)

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ABLF WOMAN OF POWER AWARD (GULF)

Ms Fatima Al Jaber presents the ABLF Woman of Power

Award (Gulf) to Ms Alyza Beg on behalf of Ms Raja Easa

Saleh Al Gurg

ABLF WOMAN OF POWERAWARD (INDIA)

Ms Mallika Srnivasan accepts the ABLF Woman of Power Award (India)

Ms Vandana Luthra accepts the ABLF Trailblazer Award

ABLF TRAILBLAZERAWARD

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ABLF BUSINESSEXCELLENCE AWARD(INDIA)

Mr Rajiv Luthra accepts the ABLF Business Excellence Award (India) on behalf of Jaypee Group

ABLF Business Courage Award (South-East Asia) received by H.E. Salman Al Farisi, Ambassador of

Indonesia to UAE, on behalf of Mr Garibaldi Thohir

ABLF BUSINESSEXCELLENCE AWARD(GULF)

ABLF Business Excellence Award (Gulf) presented to OMANTEL, represented by the CEO, Dr Amer Awadh Al Rawas

Mr N.S. Rao accepts the ABLF Business Excellence Award (South-East Asia) on behalf of Eversendai Corporation, Malaysia

ABLF BUSINESSEXCELLENCE AWARD(SOUTH-EAST ASIA)

ABLF BUSINESSCOURAGE AWARD(SOUTH-EAST ASIA)

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ABLF

Late Dhirubhai Ambani Founder Chairman

Reliance Group, India

Mohammed Al Zubair Founding Chairman

Zubair Corporation, Oman

Ratan Tata Chairman EmeritusTata Group, India

Gopinath Pillai Executive Chairman

Savant Infocomm, Singapore

ABLF GLOBAL ASIAN AWARD

ABLF LIFETIME ACHIEVEMENT AWARD

THE ABLF AWARDS 2011 WINNERS

THE GULF INDIA SOUTH-EAST ASIA

170|History-MakersoftheNewAsianCentury

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ABLF

Hind Bahwan Director

Suhail Bahwan Group, Oman

Chanda Kocchar Managing Director & CEO

ICICI Bank, India

Olivia Lum Group President & CEO

Hyflux Group, Singapore

Salma Hareb CEO

JAFZA & Economic Zones Worldwide, UAE

Shashi Ruia Chairman

Essar Group, India

Stephen Lee Ching Yen Chairman

Singapore Airlines, Singapore

Ghaith Al Ghaith CEO

Flydubai, UAE

A.M. Naik Chairman & Managing Director

Larsen & Toubro, India

Gautam ThaparChairman & CEO

Avantha Group, India

George Santosa Tahiija President Director

Austindo Group, Indonesia

ABLF WOMAN OF POWER AWARD

ABLF BUSINESS EXCELLENCE AWARD

ABLF BUSINESS COURAGE AWARD

THE GULF INDIA SOUTH-EAST ASIA

THE GULF INDIA SOUTH-EAST ASIA

THE GULF INDIA (TIE) INDIA (TIE) SOUTH-EAST ASIA

WitnessAsiaRising|ABLFAwards|171

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ABLF

172

THE ABLF COLUMNDRIVEN BY STEEL, POWERED BY INDIA

Manyamongstushaveconcernsabouttheglobaleconomicscenario,stillit

canbeconfidentlysaidthattheIndiangrowthstoryisverymuchintactand

isheretostay.Againstthebackdropoftheglobaleconomicsituation,India

isbestpoisedtoemergeasoneofthetopeconomiesintimestocome.

ArecentGoldmanSachsreportreiteratesthatby2050Indiawillemerge

as the second largest economy in the world (after China). The surge in

demandissettogrowwiththeincreaseinpopulationgrowth.Theshiftin

theconcentrationofeconomicstrengthforcountrieslikeIndiaandChina

is reflected in the strong and sustainable economic growth in domestic

marketsanddemandemanatingfrombottom-of-the-pyramidgrowth.

India’scommitmenttogrowthmanifestsitselfintherecentspateofreforms

announcedacrosssectors.Tostimulatethegrowthstory,thegovernment

has given a big boost by allocating US$ 1 trillion for infrastructure

development in the12thfiveyearplan.Basedontheassessmentof the

currentongoingprojects,bothingreenfieldandbrownfield,theWorking

GrouponSteelforthe12thPlanhasprojectedthatthecrudesteelcapacity

in the country is likely tobe140mtby2016-17andhas thepotential to

reach149mt.

In fact, at the recent G20 Summit, our honourable Prime Minister, Dr

ManmohanSinghsaid,“ThefundamentalsoftheIndianeconomyremain

strongandweareconfidentofbringingbacktherhythmofhighgrowthof

8-9percentperannum.Wearefocusingheavilyoninfrastructureinvestment

and in this contextwehavesetambitious targets tokeep infrastructure

investmentontrackandalsoputinplaceaproblemresolutionmechanism

toovercomeimplementationbottlenecks.”

LEADERS SPEAK

NAVEEN JINDALCHAIRMAN

JINDAL STEEL & POWER LIMITED, INDIA

With an annual turnover of US$ 3.5 billion, Jindal Steel & Power Limited is

one of India’s major steel producers with a significant presence in sectors like

mining, power generation and infrastructure. A man of myriad talents, Mr

Jindal is a crusader for the Indian national flag, an advocate of women and

child rights, a philanthropist, a parliamentarian, a politician, a successful

industrialist, and a sportsman par excellence.

LEADERS SPEAK

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ABLF

Despite the current global economic slowdown, we, as Indian steel

producers,areoptimisticthattheGDPwillgrowattherateof8-9percent

andthesteelsectorshouldgrowat10-11percent.Theaggressivedomestic

demand will drive India to become the net importer by 2020. This will

indeedprovideabigopportunityfortheIndiansteelsector.

There is considerable room for consumption growth, which will attract

investments for more capacity creation across the next decade. This

is reflected in the growing demand for automotive products, building

construction and large infrastructure projects, which were deferred

owing to the slowdown. Sectors like construction, automobile, railway,

transportationofoilandgas,shipbuilding,capitalgoods(heavymachinery

andequipment),consumerdurablesandevenagricultureequipmentare

largelydependentontheproductionofsteel.

But how do steel companies capitalise on the opportunity of growth in

demandandcontinuetocreatevaluefortheirshareholders,especiallywith

thenon-availabilityofnaturalgas,aswellaswithlimitedreservesofcoking

coalandironore?Toemergeasamajorparticipantinthegrowthprocess,

steelmajorsneedtocontinuewiththeirstrategicobjectivesofexpansion

anddevelopmentofexistingcapacities,enrichingtheirproductportfolio,

modernisingtheirfacilities,securingrawmaterialavailabilitygloballyand

implementinghighstandardsofcorporategovernance.

Furthermore,eventsliketheABLFgiveusanopportunitytomeetleaders

fromallacrossAsiatobuildandstrengthenrelationshipsgloballyandwork

togethertodoevenbiggerthings.

Thereshouldalsobeinclusivegrowthtotakealongthecommunitiesaround

theplants,endeavouringtoimprovethequalityoflifeofthepeopleinthe

areassteelcompaniesoperatein.Givingbacktothesocietyandstarting

several initiatives toensurea strong corporate initiative focusingon the

welfareofthelocalcommunitieswillgoalongwayinbuildingthenation

ofourdreams.

“The shift in the concentration of economic

strength for countries like India and

China is reflected in the strong and

sustainable economic growth in domestic

markets and demand emanating from

bottom-of-the-pyramid growth.”

WitnessAsiaRising|ABLFAwards|173

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ABLF

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ABLF

COMMUNICATION STRATEGY & GLOBAL OUTREACH

CHAPTER3

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ABLF Series Facebook & Twitter - Social Mediahttp://www.ablfseries.com/

Asian Business Leadership Forum™ Series 2012

ABLFORUM.COM

ABLFAWARDS.COM

ABLFSERIES.COM

ABLF SERIES WEB PORTALSThe Asian Business Leadership Forum Series (www.ablfseries.com) hosted

two independentweb portals - for the Awards (www.ablfawards.com) and

theForum(www.ablforum.com)-thatdescribedrelatedhistory,information,

updates, as well as the nomination mechanics for the Award event. The

websites are designed and calibrated to become amulti-faceted resource

centreforAsiainIndustry,InfrastructureandEnergy.

www.ablfseries.com

www.ablfawards.com

www.ablforum.com

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ABLF Series Facebook & Twitter - Social Mediahttp://www.ablfseries.com/

Asian Business Leadership Forum™ Series 2012

ABLFAWARDS.COM

ABLFSERIES.COM

TWITTER

The ABLF Series made its presence felt in a big

way this year in the online space through a highly

collaborativesocialmediacampaignspreadingword

abouttheABLFSerieseventsanditspresentersvia

Facebook,TwitterandYouTube.

FACEBOOK

YOUTUBESOCIAL MEDIA CAMPAIGN

TWEETS ON THE ABLF SERIES

PranayGupte@PranayGupte

Kudos for Malini N. Menon, Founder of

theAsianBusinessLeadersForum,asshe

hosts the annual leader’s awards in Abu

Dhabi.

RAKFreeTradeZone@RAKFTZ

#UAE hosts the inaugural @ABLFSeries,

seeking to strengthen the relationship of

the most powerful voices. http://bit.ly/

Vkb4XT

DanishFarhan@danishfarhan

Insightfulmorningatthe@ABLFSeriesin@

DIFC debating Asia’s next big challenge—

infrastructure.#ABLF12

NaveenJindal@MPNaveenJindal

Kudos to Indian Expressions for taking

the initiative to recognise achievements

in Industry, Infrastructure and Energy.

#ABLFAward

NaveenJindal@MPNaveenJindal

India being represented in full force by

iconic business and policy leaders at the

#ABLFAwardstonight

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178

In the United Arab Emirates, the ABLF

Awards was advertised across a huge

front-litscaffolding(15metresx60metres)

on the Sheikh Zayed Road in Dubai. The

backboneofDubai’sroadnetworksystem,

the Sheikh Zayed Road, is known as the

Wall Streetof theMiddleEast serving the

highesttrafficvolumesinthecountryandis

hometoDubai’smostvaluablerealestate

andskyscrapers.

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179

In India, theABLF Serieswerepromoted

throughhugebusshelteradvertisements

throughout Central and South Delhi

catering to the diplomatic areas and

embassies,henceattractinghugefootfall

fromMinistriesandpolicy-leaders,aswell

asinstrategicareashousingcorebusiness

conglomeratesandoperations.

OUTDOOR BRANDING ACROSS ASIA

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ABLF SERIES COLLATERAL

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TheABLFSerieswascommunicated

throughexclusivelydesigned

collateralsincludingstate-of-the-

artinvitations,info-docketsand

brochures.

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TheABLFKnowledgeCongressandtheABLFAwardsweretelecastacrossaseriesofcurtainraiservignettesand22-minuteepisodes,throughtheABLFSeries

televisionpartnersCNBCTV-18(subscribedviewershipofover3.2million)andZeeTVMENAP(subscribedviewerprofileofover3.6millionintheMiddleEast

region),CNBCArabiya(viewershipof50millionthroughitsfree-to-airpresenceacrosstheGCCcountries).

ThetelecastswerepromotedthroughastrategicallyplannedcampaignofpronouncedTVCPromos,Tickers,AstonBandsandBindersoveraperiodofthree

months,priortotheairingofthefinaltelecasts.

ForumTelecastTVCPromos

AwardsTelecastTVCPromos

Tickers

Binders AstonBands

TELEVISION CAMPAIGN

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ABLForumZeeConnectVignettes

ABLFKnowledgeCongressTelecast

ABLFAwardsZeeConnectVignettes

ABLFAwardsTelecast

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ABLF SERIES NEWSLETTERS

TheABLFTimes is theofficialnewsletterof theABLFSeriesand is sent toanexclusiveblue-chipdatabaseof

200,000opinionleaders,industrystalwarts,media,consultanciesandacademicsacrossAsia,withadirectinterest

intheABLFsectorsofIndustry,InfrastructureandEnergy.

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Unlikethetraditionalapproachtoadvertising,theABLFSeriesthisyeardelvedintoanintellectualmethodof

eventpromotion,throughasyndicated240sq.ABLFColumninIndia’smostrespectedandleadingEnglish

newspaper,HindustanTimes,servingmorethan4.7millionIndians.

Thecolumnfeaturedarticles fromahigh-profileconsortiumofopinion leadersandbusiness frontrunners

fromacrossAsia,includingH.E.KamalNath,MinisterofUrbanDevelopment&ParliamentaryAffairs,India;

H.E.VayalarRavi,MinisterofOverseasIndianAffairs,India;H.E.KhalilAlKhonji,Chairman,FederationofGCC

Chambers&OmanChamberofCommerce;MrRajivLuthra,ManagingPartner–Luthra&Luthra,IndiaandDr

TayebKamali,ViceChancellor,HigherCollegesofTechnology,UAE.

ABLF COLUMNS HINDUSTAN TIMES

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VANGUARD OF THE ABLF SERIES

CHAPTER4

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“The Asian Business Leadership Forum Series offers a common

platform for Asian business leaders to forge new partnerships

and such an initiative deserves support from the global business

community. We are proud to lead this great movement towards

creating and sustaining excellence through the ABLF Series.” - PRANAV ADANI Managing Director Agro and Oil & Gas, Adani Group, India

ABLF PRESENTER

188|History-MakersoftheNewAsianCentury

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TheAdaniGroupisaglobalintegratedinfrastructureplayerwithpresence

inresources, logistics,andenergysectors,committedtonationbuilding

andinclusivegrowth.Thegroupwasfoundedandisledbyfirstgeneration

entrepreneurMrGautamAdani,whosecareertrajectoryisastudyinrapid

growthandinspirationalapproach.Fromhumblebeginningstobuildinga

professionallymanaged,world-classintegratedinfrastructuregiantspread

acrosscontinents,hisjourneyinspiresaweandrespect.

TheUS$8billionAdaniGroupmarks itspresenceacrosssixports

inIndiaandtwoinAustralia,makingittheonlyIndianprivateport

companytosuccessfullyventureoverseas.Thegroupisexpanding

the capacityofAbbotPoint to120MMTandhas commissioneda

Greenfield coal terminal at Dudgeon Point, Australia. It manages

thelargestprivateportinIndia,theMundraPortinGujarat,which

boastsoftheworld’slargestautomatedcoalimportterminal.Besides

Mundra,thegroupmanagesterminalsatDahejandHazira.

TheAdaniGroup aims tobecomeoneof India’s largest electricity

generationutilitiesby 2020with a capacity of 20,000MW. It is the

largest importer of coal in India and is well on its way towards

developing coalmineswith the capacity to extract 200MMTPAof

coalby2020.Itisalsoactivelyinvestinginrenewableenergyandhas

commissionedthelargestsolarpowerprojectinIndia.

Adaniaimstomeet India’sgrowingenergyneedswhileminimisingthe

impactontheenvironmentandisthereforeadoptinginitiativestoimprove

efficiencyandreducewaste,suchasthebiodiversityprotectionprogram

intheecologicallysensitiveareasofMundra,wheremangroveplantations

areconservedthroughtechnologyimportedfromIsrael.Moreover,Adani

PoweristhefirstpowercompanyinIndiatouse‘supercritical’technology

toreduceCO2emissions,aninitiativethathaswontheCleanDevelopment

CertificationfromtheUnitedNationsFrameworkConventiononClimate

Change(UNFCCC);theonlythermalpowerplantintheworldtodoso.

TheAdaniGroupisgovernedbythethreecorevaluesofcourage,trust,

andcommitment.Itsbusinessstrategieshavebequeathednewmeaning

tothecollaborationparadigm-todovetailbusinessplansandstrategies

withthoseofthenationbyparticipatinginthegreatIndiangrowthstory

anddeliveringoptimalvaluetoitsshareholders.Thegroup’scontinuous

endeavourtoraisethebarincorporateandsocialinitiativeshasresultedin

anoptimumbusinessmodelthatbenefitsbothstakeholdersandsociety.

Adanibelievesthatwithsustainability,collaboration,andresponsibility

atthecore,newopportunitiescanbecreatedforgreatergrowthand

success.AdaniGroup’sdirectivestowardscollaborativedialogueand

itssharedmissiontomentorandsupportnewbusinesstalenthave

ledtoitscontinualsupportandassociationwiththeABLFSeries.

ABLF PRESENTER

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“The ABLF event has proven to be an extraordinary effort in bringing the

Gulf, India and South-East Asia together at one spectacular business

event. I commend the effort.” - RAJEEV TALWAR Group Executive Director DLF Limited, India

ABLF PRESENTER

190|History-MakersoftheNewAsianCentury

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DLFLimited is India’s leadingrealestatecompanywitha60-year

track record of sustained growth, customer satisfaction, and

innovation; its primary business is development of residential,

commercial and retail properties. The company has 345 msf of

plannedprojectswith48msfofprojectsunderconstruction.The

companyhasauniquebusinessmodelwithearningsarisingfrom

developmentandrentals.Itsexposureacrossbusinesses,segments

and geographiesmitigates any down-cycles in themarket. From

developing22majorcolonies inDelhi,DLF isnowpresentacross

15statesand24citiesinIndia.

ThedevelopmentbusinessofDLFincludeshomesandcommercial

complexes, which caters to three segments of the residential

market–superluxury,luxuryandpremium,offeringawiderange

of products including condominiums, duplexes, row houses and

apartmentsofvaryingsizes.DLF iscreditedwith introducingand

pioneering the revolutionary concept of developing commercial

complexesinthevicinityofresidentialareas.Ithasthedistinction

ofdevelopingcommercialprojectsandITparksthatareatparwith

thebestintheworldandhasbecomeapreferrednamewithmany

IT & ITES majors and leading Indian and International corporate

giants,includingGE,IBM,Microsoft,Canon,Citibank,Hewitt,Bankof

America,Infosys,andSymantec,amongothers.

DLFalsopioneeredtheretailrevolutioninthecountryandbrought

about a paradigm shift in the industry by redefining shopping,

recreation and leisure experienceswith the launch of City Centre

in Gurgaon in 2000. The company also owns and operates the

luxuriousAmanResortsaroundtheworld.

DLF’s mission is to build a world-class real estate development

companywiththehigheststandardsofprofessionalism,ethicsand

customerserviceandtotherebycontributetoandbenefitfromthe

growthoftheIndianeconomy.Withoversixdecadesofexcellence,

DLFisanamesynonymouswithglobalstandards,newgeneration

workspacesandlifestyles.

ABLF PRESENTER

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C0

M40

Y100

K0

C80

M100

Y0

K0

C0

M0

Y0

K100

K30

K70

K100

“We support ABLF because we believe that it is an interesting platform

to promote the idea of development across Asia, to bring together a

network of companies, professionals and policy-makers, to raise their

awareness about the importance of the infrastructure space, and

attracting more private participation into this space.” - DR RAJIV LALL

Executive Director

IDFC Limited, India

ABLF LEAD KNOWLEDGE PARTNER

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Established in 1997, IDFC Limited is a specialised financial

institution focused on infrastructure in India. IDFC provides

financing solutions to the Infrastructure sector in India from

concept to commissioning. Today IDFC is the single largest debt

and equity financier of privately sponsored infrastructure in the

countrywithabalancesheetofUS$12billion.

IDFC’sbusinessmodel isbuiltonastrong foundationofdomain

knowledge and intellectual capital in the field of financing

infrastructure development. The company utilises its deep

understanding of the sector to mitigate risks and explore

opportunitiesacrossvariousstagesoftheirprojectlife-cycle.IDFC

devises appropriate products and financing structures that are

critical to successful infrastructure financing. In doing so, IDFC

constantlystrivestoidentifyanddelivervaluepropositionsforall

itsstakeholders,whilemobilisingdomesticaswellasglobalcapital

andchannelingitforthedevelopmentofinfrastructureinIndia.

Overtheyears,IDFChassteadilybroadeneditsbusinessactivities

tocoverawidespectrumofservicesinthefinancialintermediation

space. With the basic focus on infrastructure, it has expanded

from theprimarybusiness activity of pureproject financing and

government advisory to activities like asset management, loan

syndication,corporateadvisory,investmentbankingetc.

IDFCAlternatives is theAlternativeAssetManagementverticalat

IDFC.IDFCAlternativeshasanestablishedmulti-assetclassplatform

comprisingthreeassetclasses-PrivateEquity,Infrastructureand

Real Estate. The threedistinct asset classesoffer a rangeof risk

returnprofilestoglobalinvestors.IDFCAlternativeshasfourfunds

under management aggregating US$ 2.2 billion, which makes it

oneofIndia’slargestAlternativeAssetManagers.

IDFC works closely with the government of India, advising and

assisting them in formulatingpolicyand regulatory frameworks

thatsupportprivate investmentandpublic-privatepartnerships

ininfrastructuredevelopment.IDFChasconsolidateditsposition

asthecountry’sleadingspecialistinfrastructurefinancecompany

andwas the first company to be classified as an Infrastructure

FinanceCompany(IFC).

ABLF LEAD KNOWLEDGE PARTNER

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Luthra & Luthra Law Offices is a full service law firm with

a legal practice in the areas of corporate and commercial,

infrastructure and project finance, policy and regulatory,

intellectualpropertyandtradelawsandlitigationandalternate

disputeresolutionmechanisms.

With a total of 24 partners for Corporate, 16 partners for

Litigationandover250lawyersqualifiedinmultiplejurisdictions,

eachofwhomissupportedbyadedicatedteamofparalegal

andothertechnical,administrativeandfinancialstaffs,Luthra

&LuthraisoneofthelargestlawfirmsinIndia.Thefirmhasits

offices inNewDelhi,MumbaiandBangalore in India. It takes

prideinitsreputationofprovidingpunctualandcost-effective

advicewhilstupholdingthehighestethicalstandards.

“The ABLF Series has done a wonderful

job of focusing attention on the

entrepreneurship and business spirit

of the Middle East, South-East Asia

and India, a region which will be the

world’s engine of economic growth and

innovation in the years to come.” - RAJIV LUTHRA Managing Partner

Luthra & Luthra Law Offices, India

ABLF KNOWLEDGE PARTNERS

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PillsburyWinthrop ShawPittman is a full-service lawfirmwith a

keenindustryfocusontheenergyandnaturalresources,financial

services, real estate and construction, and technology sectors.

Based in the world’s major financial, technology and energy

centres, Pillsbury counsels clients on global regulatory, litigation

andcorporatematters.Thefirmworks inmultidisciplinaryteams

thatallowittoanticipatetrendsandbringa360-degreeperspective

tocomplexbusinessandlegalissues,helpingclientstotakegreater

advantageofnewopportunitiesandbettermitigaterisk.

Pillsbury isdistinguishedby itshighlycollaborative,cost-effective

approachtoclientwork.Adecadeago,itpioneeredtheclient-team

modelandhassinceexpandedthisservicemodeltoincludeissue-

specifictaskforcesandmultidisciplinaryteamsthat focusonthe

emergingtrendsthatarelikelytoimpacttheirclients’businesses.

Pillsbury strives tomake a significant and sustained investment

tostayaheadofchangesothattheclientsarewellpositionedfor

futuresuccess.

“As a leading international law firm

with strong interests across the

Middle East and South Asia, Pillsbury

Winthrop Shaw Pittman was honoured

to be named an ABLF Knowledge

Partner. I personally was thrilled to

be able to present our insights on

various timely Energy Industry topics,

and to share the stage with many

distinguished colleagues from industry

and government. The ABLF Knowledge

Congress was a terrific opportunity to

learn and to network.”- STEPHEN HUTTLER Senior Partner

Pillsbury Winthrop Shaw Pittman, USA

ABLF LEAD KNOWLEDGE PARTNER

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“The ABLF Awards concept really

is so perfect because the timing is

perfect, it is in the right location

and its target is perfect because

it is the only event of its kind

that I know of on a global level,

that showcases the rise of the

economies of Asia.”

The Dodsal Group is a Dubai-based diversified multinational

conglomerate which operates in the areas of Trading and

Distribution; Engineering, Procurement and Construction;

Exploration and Production; Casual Dining Restaurants; and

Manufacturing and has new interests in horticulture and

floriculturedevelopment.

Dodsal’s leadership’s vision for the company to become a key

player in the nuclear, defence and space industry has come

to fruition with the recent US$ 150 million joint venture with

Atomenergomash, a Russian heavy equipment engineering

company, to manufacture and supply power equipment for

NuclearPowerProjects,ThermalPowerProjectsandtheOiland

GasindustryinIndia.

TheDodsal Group’s focus is now shifting to new avenues, and

overthenextdecade,itsfutureholdsmorepromisingforaysinto

newer,moreexcitingindustries,includingspaceexplorationand

defence,markinganewandexcitingtimeforitinthe21stcentury.

- RAJEN KILACHAND Chairman & President

Dodsal Group, UAE

ABLF SUPPORTERS

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GalfarEngineering&ContractingSAOGisoneofthelargestmulti-

disciplinedengineering,contractingandconstructioncompanies

intheSultanateofOman.Establishedin1972,Galfarhastoday

grown into one of the largest construction companies in the

MiddleEastwithaturnoverofoverUS$1billionandanimpeccable

reputation for excellence in construction quality, safety,

performance,employeesatisfactionandsocialresponsibility.

The company provides project management and construction

servicesforvariousprojects,includingcommercialandresidential

complexes, educational institutions, industrial structures, ports

andharbours,hospitals,waterretainingstructures,monuments,

andcross-countrywaterlinenetworks.Italsoofferscross-country

oil andgaspipelinesandflow linesof variousmaterials.Galfar

is involved in the erection and commissioning of static and

rotary equipments; construction of oil storage tanks, corrosion

protection, chemical injection and water injection projects;

controlandautomationsystems,electricalpowergenerationand

distribution,andtheconstructionof roadsandbridges,making

italeadinginfrastructure-relevantbusinessentityoftheregion.

“ABLF Awards is a breakthrough

initiative because it brings to

light the powerful sectors that

have driven Asia’s growth. Asia

stands on the cusp of great

change, and the leaders who have

contributed to its success deserve

international recognition.”- DR P. MOHAMED ALIVice Chairman and Managing Director

Galfar, Oman

ABLF SUPPORTERS

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“I think ABLF is doing a wonderful

job in this region for promoting

entrepreneurship and development,

by getting all the business leaders of

the region together on a common

platform to interact with each

other so we can all work together

for mutual benefit.”

JindalSteelandPowerLimited(JSP)isoneofIndia’smajor

steelproducerswitha significantpresence in sectors

likeMining,PowerGenerationandInfrastructure.

With an annual turnover of overUS$ 3.5 billion, JSPL

is a part of the US$ 17 billion diversifiedO. P. Jindal

Group and is consistently tapping new opportunities

by increasing production capacity, diversifying

investments, and leveraging its core capabilities

to venture into new businesses. The company has

committed investments exceeding US$ 30 billion in

thefutureandhasseveralbusinessinitiativesrunning

simultaneouslyacrosscontinents.

From the widest flat products to a whole range of

long products, JSPL today sports a product portfolio

that caters to varied needs in the steel market. The

company also has the distinction of producing the

world’s longest121metrerailsand largesizeparallel

flangebeamsforthefirsttimeinIndia.

- NAVEEN JINDAL Chairman

Jindal Steel & Power Limited, India

ABLF SUPPORTERS

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SHOWCASING THE ABLF VANGUARD

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ABLF ASSOCIATES

HEMohamedHelalAlMuhairiDirectorGeneral,AbuDhabiChamber

TheAbuDhabiChamberofCommerce&Industry(ADCCI)is

theprivatesectorrepresentativeandtheleadingvoiceforthe

businesscommunitybasedintheemirateofAbuDhabi.The

ADCCIassistsinthegrowthofbusinessesviacommunication

networks with local and foreign companies and enjoys a

favourableprofessionalreputationinbusinessconsultancy.

The ADCCI plays an important role as a supporter of and

contributor to the process of economic development in

Abu Dhabi, and its strong ties with international business

organisations,chambersofcommerceandcompaniesmakes

itstandoutunrivalledinthefieldofinternationalrelations.

The Dubai International Financial Centre (DIFC) is an on-

shore financial hub which aims to provide a platform for

business andfinancial institutions to reach into andout of

the emerging markets of the region. It was established to

create an environment for growth, progress and economic

development in the United Arab Emirates and the wider

regionbyprovidingtheneededlegalandbusinessaswellas

physical infrastructure benchmarked against international

standards.

TheDIFCwas thevenue for the inauguralABLFKnowledge

CongressonOctober3,2012

“The development of the Industry, Infrastructure and Energy sectors is paramount to any

nation’s progress and the Asian Business Leadership Forum has successfully engaged

in a remarkable effort of showcasing the talent and resource across Asia within these

key areas of growth.” - H.E. MOHAMED HELAL AL MUHAIRIDirector General

Abu Dhabi Chamber, UAE

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The Federation of GCC Chambers of Commerce (FGCCC)

is a non-profit Gulf organisation and has six GCC national

chamber members, which in turn, have 35 local chamber

memberswithmore than760,000businessmen. Theneed

forstrengtheningfraternitybondsandconsolidatingstepsto

enhanceeconomiccooperationamongtheGCCcountriesled

to theestablishmentof theFGCCC in1979 inSaudiArabia.

Themission of the Federation includes - the realisation of

GCCeconomicintegrationwithinacomprehensive,effective

and advanced format based on a solid conviction; the

representation of the GCC private sector in Arab, regional

and international forums; andpresentationof the viewsof

theGCCbusinesscommunityonthevariouseconomicissues

andpolicies.

Established in1973byvirtueofaRoyalDecreeasapublic

utility organisation, the Oman Chamber of Commerce and

Industry (OCCI) is the apex body of Oman’s private sector,

which represents thecountryat the localand international

levels and acts as a catalyst in activating the Sultanate’s

national economy. The OCCI promotes economic and

trade relations and supports joint businessmen’s councils

with Arab and foreign countries in order to facilitatemore

international networking. The OCCI also plays a significant

role in implementing the country’s developmental plans

aimedatdiversifyingitsnationalincomesources.

HEKhalilAbdullahAlKhonjiChairman,FederationoftheGCCChamberofCommerce&

theOmanChamberofCommerceandIndustry

“I hope that this initiative gets more and more countries in Asia together because it is very

important to recognise the achievers in this region and put them in the global spotlight. All

eyes are now on Asia, and the most important thing for the Asian leaders is to manage and

sustain this development.” - H.E. KHALIL ABDULLAH AL KHONJIChariman

Federation of the GCC Chamber of Commerce & the Oman Chamber of Commerce and Industry

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Dr.ChatibBasri Chairman,BKPM

TheQatarChamberwasestablishedin1963andwasdesigned

tosupport theburgeoningbusinessclimate in thecountry.

In 1990, it was granted its own autonomy with the legal

authoritytorepresentallprivatesectoractivitiesintheState

ofQatar.Itisfocusedoncontinuallyimprovingthewiderange

ofservicesitofferstothebusinesscommunityinQatarand

pursuingfavourablenationalandregionaleconomicpolicies

which help increase investment opportunities in Qatar. By

providingkeysupportservices,networkingopportunitiesand

leadership,theChamberhashelpedoverseeoneofthemost

dynamicandfastest-growingeconomiesintheworld.

BadanKoordinasiPenanamanModal(BKPM)isaninvestment

service agencyof the IndonesianGovernment createdwith

a purpose to effectively implement the enactment of law

on foreign as well as domestic investment. The company

is mandated as an advocacy agency for investors and is

tasked with formulating government policy on investment,

both domestic and from abroad. BKPM aims to stimulate

realisationofamoreconduciveclimate for investmentand

enhance the role of investment institutions and system

informationinIndonesia.

“In a country like Indonesia, with a market size of about 48% of total ASEAN economies, and

with 42% of total ASEAN population, endowed with natural resources and a growing middle-

class, the ABLF Series provides the perfect opportunity for us to showcase Indonesia and to

share our potential with the investors.”

ABLF ASSOCIATES

- DR M. CHATIB BASRIChairman

BKPM, Indonesia

202|History-MakersoftheNewAsianCentury

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Since its inception over two decades ago, Rivoli has been

synonymous with luxury lifestyle retail in the Middle East.

Today,theRivoliGrouphasestablishedafootprintintheUAE,

Oman,QatarandBahrainwithadiverseportfolio featuring

over110internationalprestigiousbrands.

Rivoli straddles a wide spectrum of all things premium,

from watches, eyewear and leather accessories to writing

instruments and luxury communication instruments. From

itsheadquartersinDubai,thegrouphasswiftlyestablished

areputationasoneofthelargestimporters,distributorsand

retailersofluxuryproductswithover300storesintheregion.

WHITE BACKGROUND BLACK BACKGROUND

The Confederation of Indian Industry (CII) is a non-

government, not-for-profit, industry led and industry

managedorganisation,playingaproactiverole in India’s

development process. It is India’s premier business

association, with a direct membership of over 7,100

organisations from theprivate aswell aspublic sectors,

including SMEs andMNCs, and an indirectmembership

of over 90,000 companies from around 250 national

and regional sectorial associations. CII works to create

and sustain an environment conducive to the growthof

industry in India, partnering industry and government

alikethroughadvisoryandconsultativeprocesses.

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DelhiIntegratedMulti-ModalTransitSystem(DIMTS)Limited

is an Urban Transport and Infrastructure Development

Companycommittedtothedeliveryofqualityservices.Itisa

jointventurecompanywithequalequityoftheGovernment

ofNationalCapitalTerritoryofDelhi(GNCTD)andtheIDFC

Foundation(anot-for-profitinitiativeofIDFCLimited).DIMTS

provides concept-to-commissioning consultancy, intelligent

transport system solutions and urban transport asset

managementservices.

TheInstituteofManagementTechnology(IMT)isapremium

businessschoolwithbranches in IndiaandtheUAE.Rated

as one of the top 10 business schools in India, the key

advantage offered by its Business Programs is the strong

industry interfaceachieved throughcontinuous interaction

with the industry via internships and company projects,

interwoven as an integral part of the curriculum for MBA

andBSBAcourses. Infactthestrengthof IMT’s linkstothe

corporateworldsetstheuniversityapartandgivesitastrong

academicadvantage.

ABLF ASSOCIATES

204|History-MakersoftheNewAsianCentury

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One of India’s most respected and leading English

newspapers,thathaspioneeredtrendsinjournalism,setting

standards and breaking new ground for the last 80 years.

SpurredbytheleadingfacesofIndianjournalism,itistoday

thenewspaperofchoiceofover4.7millionIndians.

MintisthebusinesspaperfromHindustan Timesinassociation

withThe Wall Street Journal. It isapremiumbusinessnews

publicationaimedatdecisionmakersandpolicymakersof

thecountry,withthepremiseofbringing“ClarityinBusiness

News”.

CNBC-TV 18 is India’s no. 1 business medium and the

undisputed leader in business news. The channel’s

benchmarkcoverageextendsfromcorporatenews,financial

markets coverage, expert perspective on investing and

managementtoindustryverticalsandbeyond.

With a reach of more than 120 countries and access to

more than 500 million viewers globally, Zee TV MENAP

is the largest media franchise serving the South Asian

diaspora.TheUS$5billionnetwork’sMiddleEast footprint

has a viewership of over 2.6 million South Asians in the

MENAPregion.

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ABLF

206

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ABLFIndianExpressions isa leadingMiddleEastbasedeventstrategy,design

and IP development company that owns andmanages event properties

thatareAsia-centric,Asia-focusedandAsia-inspiredfortheglobalmarket.

The Indian Expressions mandate is to showcase Asia and key Asian

achievements through a number of specialty programmes, events,

businessforums,conclaves,PRjunkets,businessawardsandhigh-profile

publishinginitiatives.

IndianExpressionsbringstogetherbusinessforcesfromIndia,theGulfand

South-EastAsiainjointventureswithcross-investmentagendasbycreating

networking forums that facilitate the great business potential between

thesemegaeconomies.Focusingonthedynamicbusinessregionsthatare

onarapidlyrisinggrowthtrajectorysincetheturnof thedecade, Indian

ExpressionsshowcasesvisionariesandarchitectsofAsiawhohavefirmly

cementedrelationshipswithstrongbusiness initiativesandalliancesand

helpedplaceAsiaonthecuspofasweepingeconomicrenaissance.

Withaportfolioofover500successfulevents,IndianExpressions’initiatives

facilitate joint venture projects, M&A deals and big-ticket investments

throughpowerfulcustom-creatednetworkingopportunities.

For almost two decades, Indian Expressions has specialised in creating

anddeliveringnetworkinginfrastructurethatfacilitatesthelaunchofnew

businesses,eventsandinitiativesbysecuringfunds,offeringprofessional

advisoryservicesandcreatingcustom-builtPRsolutionsforIndiaandGCC

marketsthroughitsextensivecorporatenetwork.

Indian Expressions owns, co-owns and manages brand, event and

publishingIPportfolios,suchasthe‘AsianBusinessAwardsMiddleEast™’,

‘TopicIndia’,the‘ImagesofSuccess™’andthe‘ICLFSeries’,amongothers.

ABLF IP CREATORS & ARCHITECTS

ABLFIPCreators&Architects|207

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ABLF

208|History-MakersoftheNewAsianCentury

ACKNOWLEDGEMENT

The ABLF Series Event Architects are sincerelygratefultothefollowingpeoplefortheirsupport,guidance and encouragement towards thedevelopmentoftheeventproperty.

H.H. Sheikh Nahayan Mabarak Al Nahayan, Minister of Culture,

Youth and Community Development, UAE; H.E. Pranab Mukherjee,

Honorable President of India; Dr Manmohan Singh, Honorable Prime

Minister of India; H.E. Kamal Nath, Union Cabinet Minister of Urban

Development and Parliamentary Affairs, India; H.E. Dr Thaksin Shi-

nawatra, Former Prime Minister, Thailand; H.E. Maqbool Ali Sultan,

Former Minister of Commerce and Industry, Oman; H.E. Vayalar Ravi,

Union Cabinet Minister of Overseas Indian Affairs, India; H.H. Sheikh

Ahmed Bin Saeed Al Maktoum, Chairman & Chief Executive, Emir-

ates Airline & Group, UAE; H.E. Gita Wirjawan, Minister of Trade, Indo-

nesia; H.E. Kapil Sibal, Minister of Communications and Information

Technology, India; Mr T.K.A. Nair, Advisor to the Prime Minister of In-

dia; Mr Venu Rajamony, Press Secretary to the President of India; H.E.

M.K. Lokesh, Ambassador of India to the UAE; H.E. Khalil Al Khonji,

Chairman, Federation of GCC Chambers & Oman Chamber of Com-

merce & Industry; H.E. Salman Al Farisi, Ambassador of Indonesia to

the UAE; H.E. Low Pit Chen, Ambassador of Singapore to the UAE; H.E.

Gurjit Singh, Ambassador of India to the Republic of Indonesia; Mr

Gautam Adani, Chairman, Adani Group, India; Mr Pranav Adani,

Managing Director, Agro and Oil & Gas, Adani Group, India; Mr Rajiv

Singh, Vice Chairman, DLF Limited, India; Mr Rajeev Talwar, Manag-

ing Director, DLF Limited, India; Dr Rajiv Lall, Executive Chairman, IDFC

Limited, India; Mr Rajiv Luthra, Founder & Managing Partner, Luthra

& Luthra Law Offices, India; Mr Naveen Jindal, Chairman, Jindal Steel

& Power Ltd, India; Dr P. Mohamed Ali, Vice Chairman & Managing

Director, Galfar, Oman; Mr Rajen Kilachand, Chairman & President,

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ABLF

Acknowledgement|209

Wewould also like to extend our heartfelt grati-tude to all the distinguished panellists that tooktimeoutfromtheirbusyschedulestobringtheirinvaluableexpertisetotheinauguralforumoftheABLFKnowledgeCongress.

Cheif Chair H.E. Kamal Nath, Union Cabinet Minister of Urban De-

velopment and Parliamentary Affairs, India; Mr T.K.A. Nair, Advisor to

the Prime Minister of India; Dr Tayeb Kamali, Vice Chancellor, Higher

Colleges of Technology, UAE; Mr Naveen Jindal, Chairman, Jindal Steel

& Power Ltd, India; Ms Fatima Al Jaber, COO & Executive Director,

Al Jaber Group, UAE; Mr Rajiv Luthra, Founder & Managing Partner,

Luthra & Luthra Law Offices, India; Mr Rajen Kilachand, Chairman &

President, Dodsal Group, UAE; Dr M. Chatib Basri, Chairman, BKPM

(Indonesia Investment Coordinating Board); Mr Stephen Huttler, Sen-

ior Partner, Pillsbury Winthrop Shaw Pittman, USA; Mr Dwi Soetjipto,

President Director, PT Semen Gresik, Indonesia; Mr Vikram Limaye,

Managing Director & CEO, IDFC Limited, India; Mr M.K. Sinha, Manag-

ing Director & CEO, IDFC Alternatives Ltd, India; Mr Naval Bir Kumar,

Vice Chairman, IDFC Mutual Fund, India; Mr Essa Abdulla Al Ghurair,

Vice Chairman, Al Ghurair Investment, UAE; Mr M.K.V. Ramarao, Ex-

ecutive Director, NTPC Ltd, India; Mr Trevor Nash, Chief Operating

Officer, Masdar, UAE; Mr Alexander Haex, Vice President , Business

Development, Kizad, UAE; Dr Kamal Shehadi, Senior VP for Regula-

tory Affairs, Etisalat, UAE; and Sheikh Abdul Aziz Ahmed Sultan Al

Hosni, Vice Chairman, Qurum Business Group, Oman.

Dodsal Group, UAE; Dr M. Chatib Basri, Chairman, BKPM (Indonesia Invest-

ment Coordinating Board); Mr Stephen Huttler, Senior Partner, Pillsbury Win-

throp Shaw Pittman, USA; Dr Sultan Ahmed Al Jaber, Managing Director &

CEO, Masdar, UAE; Mr Yusuffali M.A., Managing Director, EMKE Group, UAE;

Mr Adi Godrej, Chairman, Godrej Group, India; Mr Chandrajit Banerjee,

Director General, Confederation of Indian Industry, India; H.E. Khalfan Saeed

Jumaa Al Kaabi, Vice Chairman, Abu Dhabi Chamber, UAE; H.E. Mohamed

Helal Al Muhairi, Director General, Abu Dhabi Chamber, UAE; Mr Jeffrey

Singer, CEO, Dubai International financial Center, UAE; H.E. Abdulraheem

Hasan Naqi, Secretary General, Federation of GCC Chambers of Commerce,

KSA; Mr Ramesh Prabhakar, Managing Director, Rivoli Group, UAE; Mr S.N.

Sahai, Managing Director & Chief Executive, DIMTS, India; Dr Janakiraman

Moorthy, Director, Institute of Management Technology, UAE; Mr Hasu Mas-

rani, Chairman, Mitras International Trading, UAE; H.E. Remy Rowhani, Di-

rector General, Qatar Chamber of Commerce & Industry, Qatar; H.E. Rashid

Al Leem, Director General, Hamriyah Free Zone, UAE; Mr Khalid Salmeen,

Executive Vice President, Industrial Zones, Abu Dhabi Ports Company, UAE; Mr

Syed Salahuddin, Managing Director, ETA Ascon Star, UAE; Dr B.R. Shetty,

CEO & Managing Director, NMC Group, UAE; and Mr T.P. Sreenivasan, Vice

Chairman & Executive Head of the Kerala State Higher Education Council, India.

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ABLFINDEX

AAboud,NasserBin63,73Abubacker,Sameer160Adani,Gautam2,29Adani,Pranav30,85,188AlFahim,Mohammed2AlGhaith,Ghaith2,171AlGhassani,ZakariyaS.63AlGhurair,EssaAbdullah54,56,61,65,66,67,70,71,72,73AlGurg,RajaEasa120AlHosni,SheikhAbdulAzizAhmedSultan50,53,61,69AlJaber,Fatima50,52,61,65,69,72,76,89,146,153,156,168AlJaber,Obaid2AlMehairbi,MohamedH.63,73AlNeaimi,Mohamed63,73AlQubaisi,Nashwa89,147,153,156AlRefaei,Mohammed147,164AlRawas,AmerbinAwadh128,147,151,163,169AlShamsi,Obaid62AlZawawi,OmarBinAbdulMuniem112AlZubair,Mohammed2,170Alabbar,Mohammed100Ali,P.Mohamed60,67,73,146,149,153,155,160,169,197Ali,YusuffM.A.60,65,66,72,73,147,149,154,155,161,169Allawati,BahaMohammedRidha62,67Ambani,Dhirubhai2,170Aqeel,Hisham149,162Arab,Rajesh161Arora,Amit148,156,158,162Asnani,Amit165Awan,MalikNoureed149,161,168BBahwan,Hind2,171Balachandran,Siddharth148,160Banerjee,Chandrajit85Basri,M.Chatib46,48,60,70,71,201Bharadwaj,Anil62Bhargava,Anoop156,157,165Bhatia,Rajesh62Beg,Alyza165,168Bodani,Hitesh148,155Booth,Robert147,156,162,166Butaney,Bharat61,71Butt,Hamid148Buxani,Ram61,71DDeshpande,Yogesh161,164Dharaniraj,Venkat62Darmawan,Indra62,72EEdward,George63GGaladari,RashidA.W.63,73Gangaramani,Natasha147,160,165Gaur,Manoj130

Godrej,Adi85Gulati,PrashantK.62HH.E.AbdulraheemHasanNaqi60,65,72H.E.DhaenAlHamli2,104H.E.DrThaksinShinawatra2,28,94,108,146,149,151,152,153,154,158,162,166H.E.GitaWirjawan2,28,45H.H.H.SusiloBambangYudhoyono212H.E.KamalNath2,21,40,42,50,52,60,64,65,67,69,73,106H.E.KapilSibal2,35H.E.KhalfanSaeedJumaaAlKaabi146,156,167H.H.KhalifabinZayedAlNahyan2H.E.Khalil AbdullahAlKhonji 85, 147, 149, 151, 152, 153, 154,163,166,167,201H.E.M.K.Lokesh60,65,67,71,72,85,146,149,154,155H.E.ManmohanSingh16H.E.MaqboolAliSultan29,146,151,152,154,163,167H.E.MohamedHelalAlMuhairi60,65,66,70,71,147,152,153,158,163,168,200H.E.PitChenLow85,146,167H.E.PranabMukherjee14H.E.RashidAlLeem146,151,153,157,160,168H.E.SalmanAlFarisi60,67,73,85,146,154,162,169H.E.SultanBinSulayem136H.H.SheikhAhmedBinSaeedAlMaktoum2,28H.H.SheikhMohammedBinRashidAlMaktoum2,213H.H.SheikhNahayanMabarakAlNahayan2,11,38,40,60,64,65,71,73,88,89,90,93,146,149,150,152,153,154,166H.E.TalmizAhmed2H.E.VayalarRavi2,81Haex,Alexander46,49,61,71Hareb,Salma2,171Hariyoga,Himawan63Hood,Nabeel148,160Huttler,Stephen54,56,61,66,71,195JJagtiani,Renuka2Jalal,Kabeer63Jashanmal,Mohan61,65,71,146,153,160Jashanmal,Tony148,151,153Jatania,George147,156,159Jindal,Naveen46,49,50,53,60,67,68,70,71,72,172,198John,Ajay161,164Jurgenson,Stephen62,67,148,161,165KKalyani,Baba114,146,155,157,167Kamali,Tayeb32,45,46,60,66,71,85Kamdani,ShintaWidjaja124Katta,Prasad63Khalil,Raees63,164Khalil,SyedS.M.63,67,70,73,156,164Khan,Riz2Kilachand,Nikhil62,73Kilachand,Rajen50,52,60,65,67,68,147,149,151,154,158,162,169,196Kocchar,Chanda2,171Kumar,Animesh148,89,155Kumar,NavalBir46,49,61,71

LLall,Rajiv58,85,192Limaye,Vikram50,53,61,68,70Lum,Olivia2,171Luthra,Rajiv54,55,60,66,74,85,89,147,155,156,162,164,169,194Luthra,Vandana144,147,155,157,159,162,164,168MMahbubani,Kishore116Mahindra,Anand138Masrani,Hasu147,162Mathew,Manoj148,161,164McLaughlin-Duane,Rebecca155Menon,Bindu148,165Menon,KeshavN.157,163Menon,MaliniN.60,67,72,146,150,156,157,162,165Mirchandani,Rajesh165Mirchandani,Rakesh165Mittal,Lakshmi2Mohiyuddin,Shamsuddin62,67Moore,Charles146,151,157Moorthy,Janakiraman62,149Murthy,Narayana2NNaik,A.M.2,171Nair,T.K.A.50,51,60,65,67,70,71,72,73,85Nandakumar,V.148,165Nathan,A.K.132Nash,Trevor54,57,61,70PPhilip,Robin161,164Pillai,Gopinath2,170Prabhakar,Ramesh2Prasad,Manoj63,148,156,159,163Puranamo,Chayo62,72,148,162RRajamony,Venu146,149,152,156,160,162,165Rao,N.S.149,169Ramarao,M.K.V.54,57,61,66,70Ruia,Shashi2,171SSahai,S.N.62,70Salahuddin,Hameed62Salahuddin,SyedM.2,61,66Salim,M.A.62Salmeen,Khaled147,153,156,164,163,169Seemar,Satish148,151,159,161Sethi,Ajay148,155,156,158,161Sharma,V.R.62Shehadi,Kamal50,53,61,69Shetty,B.R.60,71,72,73Siddiqui,AbdulRahman63Singh,Kulwant148,157,161,162SinghKushalPal2,29Singh,Pradeep83,89,147,157,160,162,165,169Singh,Rajiv85Singh,Surinder63,70

210|History-MakersoftheNewAsianCentury

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ABLF

Index|References&PhotoCredits|211

Sinha,M.K.54,57,62,66,70Soetjipto,Dwi46,48,61,72,73Srinivasan,Mallika122,147,156,159,168Sudradjat,Heru62Sultan,AqeelJawad147,157,161,162TTahija,George2,171Talwar,Rajeev190Tata,Ratan2,170Thapar,Gautam171Thohir,Garibaldi140Tomar,Sudhakar163Tripathi,Dilip165,WWahbi,OmarS.164YYen,StephenLeeChing2,171ZZaal,MohammedZaal2

PHOTO CREDITS

• Accessed from http://www.managementthinking.eiu.com (AsiaCompetitorBarometer:Precisionengineering,Econo-mistIntelligenceUnitReport)

• Accessedfromhttp://www.bp.com (EnergyOutlook2030:thefutureofenergy)

• Accessedfromhttp://www.mckinsey.com (RethinkingInfrastructure)

• Accessed from http://www.pwc.com (Emerging Markets –Newhubs,newspokes,newindustryleaders?)

• AlJazeerahttp://www.aljazeera.com/• AsianDevelopmentBankhttp://www.adb.org• AsianDevelopmentBankInstitutehttp://www.adbi.org• Bar&Benchhttp://barandbench.com• BBCNewshttp://news.bbc.co.uk• BloombergBusinessweekhttp://investing.businessweek.com• BPGlobalhttp://www.bp.com• CuriousCathttp://investing.curiouscatblog.net• ExxonMobilhttp://www.exxonmobil.com• FederalReserveBankofBostonhttp://www.bostonfed.org• FinancialTimeshttp://www.ft.com• ForbesGlobalhttp://www.forbes.com• ForbesIndiahttp://forbesindia.com• FortuneGlobal• GlobalIssueshttp://www.globalissues.org• IndiaandtheWorld–ABlueprintforPartnership&Growth• IndiaLawJournalhttp://www.indialawjournal.com• Inpechttp://inpec.in/• IowaStateUniversityhttp://www.soc.iastate.edu• JSTORhttp://www.jstor.org• Knowledge@Whartonhttp://knowledge.wharton.upenn.edu/• Luthra&LuthraLawOfficeshttp://www.luthra.com• McKinseyQuarterlyhttp://www.mckinseyquarterly.com• MKGandhihttp://www.mkgandhi.org

• NationalInstituteofOpenSchoolinghttp://nos.org• OmanMinistryofInformation http://www.omanet.om• PetersonInstituteforInternationalEconomics

http://www.piie.com• Plattshttp://www.platts.com• PresidentofIndiahttp://presidentofindia.nic.in• PricewaterhouseCoopershttp://www.pwc.com• PrimeMinisterofIndiawebsitehttp://pmindia.nic.in• Rediffhttp://ia.rediff.com• SageJournalshttp://wes.sagepub.com• Shanghai-Chinahttp://shanghaichina.ca• South Asian Network of Economic Research Institutes

http://www.saneinetwork.net/• TataGrouphttp://www.tata.com• TheBigPicturehttp://www.ritholtz.com• The Economic Times http://articles.economictimes.india-

times.com• TheEconomisthttp://www.economist.com• TheGuardianhttp://www.guardian.co.uk• The National Bureau of Economic Research http://www.

nber.org• TheNewYorkTimeshttp://www.nytimes.com• TheOil&GasYear http://www.theoilandgasyear.com• TheStraitsTimeshttp://www.straitstimes.com• TheWallStreetJournalhttp://topics.wsj.com• TheWorldBankhttp://web.worldbank.org• UnitedNationshttp://www.un.org• UnitedNationsEconomic&SocialCommissionforAsiaand

thePacifichttp://www.unescap.org• United Nations Global Compact http://www.unglobalcom-

pact.org/• UniversityofChicago–SchoolofBusinesshttp://www.chi-

cagobooth.edu• USCensusBureauhttp://www.census.gov• WorldNuclearAssociationhttp://www.world-nuclear.org• WorldSteelAssociationhttp://www.worldsteel.org

PHOTO REFERENCES

• AdaniGroup,India–p.29left• AbhijitBhatlekar/BloombergNews–p.29center• AdaniGroup,India–p.30• IdfcLimited,India–p.58• TheSt.RegisSaadiyatIslandResort,AbuDhabi,UAE–p.86• EmaarProperties,UAE–p.100• OmzestGroup,Oman–p.112• LeeKuanSchoolofPublicPolicy–p.116• EasaSalehAlGurgGroup,UAE–p.120• SintesaGroup,Indonesia–p.124• JaypeeGroup,India–p.130• EversendaiGroup,Malaysia–p.132• DpWorld,Uae–p.136• Mahindra&Mahindra,India–p.138• PtAdaroEnergy,Indonesia–p.140• RelianceGroup,India–p.170top• TheZubairCorporation,Oman–p.170bottomleft• Realwire–p.170bottomcenter• MuraliD.–p.170bottomright• IciciBank,India–p.171toprow,center

• HyfluxLtd.,Singapore–p.171toprow,right• SingaporeAirlines,Singapore–p.171middlerow,right• Larsen & Toubro Ltd., India - p.171 bottom row,

secondimagefromleft• AvanthaGroup,India-p.171bottomrow,thirdimagefromleft• PtAustindoNusantaraJaya,Indonesia-p.171bottomrow,right• AdaniGroup,India–p.188-189• DLFLimited,India–p.190-191

HISTORY-MAKERS OF THE NEW ASIAN CENTURY(VOLUME II)

CONTENT,COPY,DESIGN&PRODUCTION:IndianExpressionsteamindubailedbyMaliniN.MenonKeshavN.MenonMariyaShabbirPadrawalaMacleinCornelioRodelS.RivasParinaazNavdarDavinaRaisinghaniDoreenMattissonLajuNanwaniAkshataShanbhagSharavatiChoksi

Page 216: ABLF Awards 2012 Coffee-Table Book

ABLF KNOWLEDGE CONGRESS 2013Keepingwith the ABLF’s spirit of collaboration, in 2013 the Knowledge Forum seeks to bring together a

powerfulconsortiumofthinkers,speakersanddelegatesinasignificantconversationonthekeydriversof

globaleconomy-Industry,InfrastructureandEnergy.

Featuringanattendeeprofileofacalibreunseenbefore,ofdecision-makers,policy-leadersandeconomy-

influencers,theABLFKnowledgeCongress2013willcreateapowerfulplatformforshowcasingkeycross–

investmentsopportunitiesandtargetedinterfacebetweenleadershipoftheGulf,IndiaandSouth-EastAsia.

WOULD YOU LIKE TO HOST THIS YEAR’S ABLF IN YOUR CITY?

Page 217: ABLF Awards 2012 Coffee-Table Book

ABLF SERIES 2013

ABLF AWARDS 2013InthediligentpursuittocelebrateexcellenceintheAsianbusiness-scapeandhighlightthecrèmedelacrème

oftheleadershipfactionoperatingintheregion,thehighlyanticipated2013editionoftheABLFAwardswill

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onshowcaseglobally.

An extraordinary evening of friendship, celebration and camaraderie, attendedby the elite strata of the

corporateworldandesteemedgovernmentdignitariesfromallacrossAsiaandglobally,theABLF2013Gala

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AtIndianExpressions,wehavetakengreatcaretobuildtheAsianBusinessLeadershipForumIPasazeitgeisteventseriesthatencapsulatesthestoryofAsia

intheglobalbusiness-scapewhilepresentingtheAsianspiritofexcellencethroughcelebration,conversationandcollaboration.

The2013editionoftheABLFSerieswillbeaconsolidationyearfortheeventplatform,asitshowcasesexemplaryAsianleadershipwhoareimplementing

breakthroughstrategiestocreateprofitablebusinessgrowthandpositivesocialchangethatreinforcesandsupportstheglobaleconomy.

Logontowww.ablfseries.com,andvoteforyourdestinationofchoice.LET US KNOW

Page 218: ABLF Awards 2012 Coffee-Table Book

ABLF SERIES 2013BE A PART OF CREATING A LEGACY OF A LIFETIME

THE ABLF SERIES 2013

ABLF SERIES 2013

ABLF SERIES 2013

ABLF SERIES 2013

ABLF SERIES 2013

ABLF SERIES 2013

Page 219: ABLF Awards 2012 Coffee-Table Book

ABLF SERIES 2013

ABLF SERIES 2013

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CAN YOU AFFORD TO MISS IT?

Page 220: ABLF Awards 2012 Coffee-Table Book

The spirit of Asia comes together in Celebration, Conversation & Collaboration

‘History-Makers of the New Asian Century’ is the signature publication of the Asian Business Leadership Forum Series. Aninternationalevent,theABLFSeriesshowcasesbusinessexcellenceinthesunshinesectorsofIndustry,InfrastructureandEnergy. It brings together Asian nations of theworld in an annual event Series,which celebrates the rise of Asia in the

collectiveglobalconsciousness,throughaseamlessfusionofold-schoolandnew-agevalues.

The2012showcasehonouredandcelebratedbusinessachieversfromacrossthethreekeyregionsoftheAsianjuggernaut–theGulf,IndiaandSouth-EastAsia–andpaidtributetoexemplaryleaderswhohaveplayedasignificantroleinthestoryof‘Asia Rising’.ItalsoprovidedthesepioneerswithaplatformtocollaborateandpooltogethertheireffortstocatapultAsiainto

anevenmoresuccessfultomorrow.

VolumeI,whichwastheinauguraledition,featuredtheABLFSeries2011showcasesandpaidtributetothebusinessacumenoftheAsianrepresentativesofthechangingfaceofleadership.

Thissecondeditionencapsulatestheirpursuitofbusinessexcellenceandarchivestheirplansforthefuture.

©IndianExpressionsEventStrategy&DesignConsultancy2012www.indianexpressions.com