ablf awards 2012 coffee-table book
DESCRIPTION
http://www.ablfawards.com/assets/ABLF-Awards-2012-CoffeeTableBook.pdfTRANSCRIPT
ABLF SERIES 2012
ABLF SERIES 2012
ABLF SERIES 2012
ABLF SERIES 2012
ABLF SERIES 2012
ABLF SERIES 2012
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.
© 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.
Pioneered, produced and presented by
VOLUME II
A GLOBAL SHOWCASE OF ASIAN BUSINESS EXCELLENCE IN INDUSTRY, INFRASTRUCTURE AND ENERGY
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
CONTENTS
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
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
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
MESSAGES FROM THE LEADERSHIP
CHAPTER1
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
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
“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
LETTER OF PATRONAGE FOR THE ABLF SERIES 2012 FROMTHE MINISTRY OF HIGHER EDUCATION & SCIENTIFIC RESEARCH, UAE
MessagesfromtheLeadership|13
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
MESSAGE FOR THE ABLF SERIES 2012 FROM THE PRESIDENT’S SECRETARIAT, RASHTRAPATI BHAVAN,
NEW DELHI, INDIA
H.E. PRANAB MUKHERJEEPRESIDENT OF INDIA
MessagesfromtheLeadership|15
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
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
WITNESSASIA RISING
CHAPTER2
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
“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.
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.
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.
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
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
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
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
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
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
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).
ABLF
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.
WitnessAsiaRising|ABLFSeries|31
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
ABLF
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
ABLF
34|HISTORY-MAKERSOFTHENEWASIANCENTURY|
ASIAN BUSINESS LEADERSHIP FORUM KNOWLEDGE CONGRESS 2012
LEVERAGING THE KEY DRIVERS OF THE GLOBAL ECONOMY INDUSTRY • INFRASTRUCTURE • ENERGY
DubaiInternationalFinancialCentre
October3,2012
ABLF
|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
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
ABLF
WitnessAsiaRising|ABLFKnowledgeCongress|37
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
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
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
ABLF
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.”
WitnessAsiaRising|ABLFKnowledgeCongress|41
ABLFKEYNOTE ADDRESS
H.E. KAMAL NATHUNION CABINET MINISTER OF URBAN DEVELOPMENT; MINISTER OF PARLIAMENTARY AFFAIRS, GOVERNMENT OF INDIA
42|History-MakersoftheNewAsianCentury
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.”
WitnessAsiaRising|ABLFKnowledgeCongress|43
ABLF
44|HISTORY-MAKERSOFTHENEWASIANCENTURY|
ABLF
ABLF
|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
ABLFTHE INDUSTRY SESSIONTHEINTERSECTIONOFINDUSTRY,FINANCEANDGOVERNMENTINASIANECONOMIES
46|History-MakersoftheNewAsianCentury
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.
WitnessAsiaRising|ABLFKnowledgeCongress|47
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
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.
ABLF
WitnessAsiaRising|ABLFKnowledgeCongress|49
ABLFTHE INFRASTRUCTURE SESSIONDEFININGPUBLIC-PRIVATEPARTNERSHIPSININFRASTRUCTURE
50|History-MakersoftheNewAsianCentury
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.
WitnessAsiaRising|ABLFKnowledgeCongress|51
“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
ABLF
52|History-MakersoftheNewAsianCentury
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.
ABLF
WitnessAsiaRising|ABLFKnowledgeCongress|53
ABLFTHE ENERGY SESSIONASIA’SFASCINATINGENERGYSTORY
54|History-MakersoftheNewAsianCentury
ABLF
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.
WitnessAsiaRising|ABLFKnowledgeCongress|55
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
ABLF
56|History-MakersoftheNewAsianCentury
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.
ABLF
WitnessAsiaRising|ABLFKnowledgeCongress|57
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
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.
WitnessAsiaRising|ABLFKnowledgeCongress|59
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
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
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
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
“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
ABLF KNOWLEDGE CONGRESSPHOTO GALLERY
“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)
“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
ABLF
68
ABLF
69
EVENT SETUP
ABLF
“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
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
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
“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
ABLF
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?
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
WitnessAsiaRising|ABLFKnowledgeCongress|75
ABLF
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
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.”
WitnessAsiaRising|ABLFKnowledgeCongress|77
THE ABLF AWARDS 2012
ABLF
80
THE ASIAN BUSINESS LEADERSHIP FORUM AWARDS 2012
ACCOLADES FOR THE LEADERS WHO WALK THE PATH OF EXCELLENCE
St.RegisSaadiyatIslandResort,AbuDhabi
November27,2012
ABLF
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
ABLF
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
ABLF
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
WitnessAsiaRising|ABLFAwards|83
ABLF
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
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
WitnessAsiaRising|ABLFAwards|85
86|History-MakersoftheNewAsianCentury
NOVEMBER 27, 2012ST. REGIS SAADIYAT ISLAND RESORT, ABU DHABI
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
WitnessAsiaRising|ABLFAwards|87
ABLF
88
ABLF
89Elegant & Extravagant; the Awards ceremony set-up
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
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.”
WitnessAsiaRising|ABLFAwards|91
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.”
92|History-MakersoftheNewAsianCentury
ABLF
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.”
ABLFKEYNOTE ADDRESS
H.E. DR THAKSIN SHINAWATRA FORMER PRIME MINISTER OF THAILAND
94|History-MakersoftheNewAsianCentury
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.”
WitnessAsiaRising|ABLFAwards|95
THE WINNERS
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.
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
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
WitnessAsiaRising|ABLFAwards|99
MOHAMMED ALABBARCHAIRMAN, EMAAR PROPERTIES, UAE
ABLF GLOBAL ASIAN AWARD
100|History-MakersoftheNewAsianCentury
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
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
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
H.E. DHAEN AL HAMLIFORMER MINISTER OF ENERGY, UAE
THE GULF
ABLF STATESMAN AWARD
104|History-MakersoftheNewAsianCentury
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
H.E. KAMAL NATHMINISTER OF URBAN DEVELOPMENT & MINISTER OF PARLIAMENTARY AFFAIRS, INDIA
INDIA
ABLF STATESMAN AWARD
106|History-MakersoftheNewAsianCentury
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
H.E. DR THAKSIN SHINAWATRAFORMER PRIME MINISTER, THAILAND
SOUTH-EAST ASIA
ABLF STATESMAN AWARD
108|History-MakersoftheNewAsianCentury
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
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
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
DR OMAR BIN ABDUL MUNIEM AL ZAWAWI FOUNDER & CHAIRMAN, OMAR ZAWAWI ESTABLISHMENT (OMZEST), OMAN
THE GULF
ABLF LIFETIME ACHIEVEMENT AWARD
112|History-MakersoftheNewAsianCentury
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
BABA KALYANICHAIRMAN, KALYANI GROUP, INDIA
INDIA
ABLF LIFETIME ACHIEVEMENT AWARD
114|History-MakersoftheNewAsianCentury
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
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
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
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
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
RAJA EASA AL GURGMANAGING DIRECTOR, EASA SALEH AL GURG GROUP, UAE
THE GULF
ABLF WOMAN OF POWER AWARD
120|History-MakersoftheNewAsianCentury
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
MALLIKA SRINIVASANCHAIRMAN & CEO, TRACTORS AND FARM EQUIPMENT LIMITED (TAFE), INDIA
INDIA
ABLF WOMAN OF POWER AWARD
122|History-MakersoftheNewAsianCentury
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
SHINTA WIDJAJA KAMDANIMANAGING DIRECTOR, SINTESA GROUP, INDONESIA
SOUTH-EAST ASIA
ABLF WOMAN OF POWER AWARD
124|History-MakersoftheNewAsianCentury
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
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
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
THE GULF
ABLF BUSINESS EXCELLENCE AWARD
128|History-MakersoftheNewAsianCentury
Dr. Amer Al-Rawas Chief Executive Officer, Omantel, Oman
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
INDIA
ABLF BUSINESS EXCELLENCE AWARD
130|History-MakersoftheNewAsianCentury
Manoj Gaur Executive Chairman & CEO, Jaypee Group, India
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
SOUTH-EAST ASIA
ABLF BUSINESS EXCELLENCE AWARD
132|History-MakersoftheNewAsianCentury
Mr A.K. NathanChairman & Managing Director, Eversendai Group, Malaysia
“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
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
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
H.E. SULTAN BIN SULAYEMCHAIRMAN, DP WORLD, UAE
THE GULF
ABLF BUSINESS COURAGE AWARD
136|History-MakersoftheNewAsianCentury
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
ANAND MAHINDRACHAIRMAN & MANAGING DIRECTOR, MAHINDRA & MAHINDRA, INDIA
INDIA
ABLF BUSINESS COURAGE AWARD
138|History-MakersoftheNewAsianCentury
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
GARIBALDI THOHIRPRESIDENT DIRECTOR, PT ADARO ENERGY, INDONESIA
SOUTH-EAST ASIA
ABLF BUSINESS COURAGE AWARD
140|History-MakersoftheNewAsianCentury
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
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
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
VANDANA LUTHRAFOUNDER & MENTOR, VLCC, INDIA
ABLF TRAILBLAZER AWARD
144|History-MakersoftheNewAsianCentury
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
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
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
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
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
ABLF AWARDSPHOTO GALLERY
“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
“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
“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
“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
ABLF SIGNATURE WALL
COCKTAIL RECEPTION
“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
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
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)
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
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)
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
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
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
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
ABLF
ABLF
COMMUNICATION STRATEGY & GLOBAL OUTREACH
CHAPTER3
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
ABLF Series Facebook & Twitter - Social Mediahttp://www.ablfseries.com/
Asian Business Leadership Forum™ Series 2012
ABLFAWARDS.COM
ABLFSERIES.COM
The ABLF Series made its presence felt in a big
way this year in the online space through a highly
collaborativesocialmediacampaignspreadingword
abouttheABLFSerieseventsanditspresentersvia
Facebook,TwitterandYouTube.
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
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.
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
ABLF SERIES COLLATERAL
TheABLFSerieswascommunicated
throughexclusivelydesigned
collateralsincludingstate-of-the-
artinvitations,info-docketsand
brochures.
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
ABLForumZeeConnectVignettes
ABLFKnowledgeCongressTelecast
ABLFAwardsZeeConnectVignettes
ABLFAwardsTelecast
ABLF SERIES NEWSLETTERS
TheABLFTimes is theofficialnewsletterof theABLFSeriesand is sent toanexclusiveblue-chipdatabaseof
200,000opinionleaders,industrystalwarts,media,consultanciesandacademicsacrossAsia,withadirectinterest
intheABLFsectorsofIndustry,InfrastructureandEnergy.
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
VANGUARD OF THE ABLF SERIES
CHAPTER4
“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
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
VanguardoftheABLFSeries|189
“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
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
VanguardoftheABLFSeries|191
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
192|History-MakersoftheNewAsianCentury
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
VanguardoftheABLFSeries|193
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
194|History-MakersoftheNewAsianCentury
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
VanguardoftheABLFSeries|195
“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
196|History-MakersoftheNewAsianCentury
GalfarEngineering&ContractingSAOGisoneofthelargestmulti-
disciplinedengineering,contractingandconstructioncompanies
intheSultanateofOman.Establishedin1972,Galfarhastoday
grown into one of the largest construction companies in the
MiddleEastwithaturnoverofoverUS$1billionandanimpeccable
reputation for excellence in construction quality, safety,
performance,employeesatisfactionandsocialresponsibility.
The company provides project management and construction
servicesforvariousprojects,includingcommercialandresidential
complexes, educational institutions, industrial structures, ports
andharbours,hospitals,waterretainingstructures,monuments,
andcross-countrywaterlinenetworks.Italsoofferscross-country
oil andgaspipelinesandflow linesof variousmaterials.Galfar
is involved in the erection and commissioning of static and
rotary equipments; construction of oil storage tanks, corrosion
protection, chemical injection and water injection projects;
controlandautomationsystems,electricalpowergenerationand
distribution,andtheconstructionof roadsandbridges,making
italeadinginfrastructure-relevantbusinessentityoftheregion.
“ABLF Awards is a breakthrough
initiative because it brings to
light the powerful sectors that
have driven Asia’s growth. Asia
stands on the cusp of great
change, and the leaders who have
contributed to its success deserve
international recognition.”- DR P. MOHAMED ALIVice Chairman and Managing Director
Galfar, Oman
ABLF SUPPORTERS
VanguardoftheABLFSeries|197
“I think ABLF is doing a wonderful
job in this region for promoting
entrepreneurship and development,
by getting all the business leaders of
the region together on a common
platform to interact with each
other so we can all work together
for mutual benefit.”
JindalSteelandPowerLimited(JSP)isoneofIndia’smajor
steelproducerswitha significantpresence in sectors
likeMining,PowerGenerationandInfrastructure.
With an annual turnover of overUS$ 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
198|History-MakersoftheNewAsianCentury
VanguardoftheABLFSeries|199
SHOWCASING THE ABLF VANGUARD
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
200|History-MakersoftheNewAsianCentury
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
VanguardoftheABLFSeries|201
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
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.
VanguardoftheABLFSeries|203
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
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.
VanguardoftheABLFSeries|205
ABLF
206
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
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,
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.
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
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
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?
ABLF SERIES 2013
ABLF AWARDS 2013InthediligentpursuittocelebrateexcellenceintheAsianbusiness-scapeandhighlightthecrèmedelacrème
oftheleadershipfactionoperatingintheregion,thehighlyanticipated2013editionoftheABLFAwardswill
beaneventbiggerinrelevance,participationandreputation,asweengageinexcitingnewassociationsand
prestigiouspartnershipsthatexpandourmandateandtakeAsia’sIndustry,Infrastructure&Energysectors
onshowcaseglobally.
An extraordinary evening of friendship, celebration and camaraderie, attendedby the elite strata of the
corporateworldandesteemedgovernmentdignitariesfromallacrossAsiaandglobally,theABLF2013Gala
AwardsNightwillsetitonthetrajectorytobecomeoneofthemostimportantbusinesseventsinAsia.
AtIndianExpressions,wehavetakengreatcaretobuildtheAsianBusinessLeadershipForumIPasazeitgeisteventseriesthatencapsulatesthestoryofAsia
intheglobalbusiness-scapewhilepresentingtheAsianspiritofexcellencethroughcelebration,conversationandcollaboration.
The2013editionoftheABLFSerieswillbeaconsolidationyearfortheeventplatform,asitshowcasesexemplaryAsianleadershipwhoareimplementing
breakthroughstrategiestocreateprofitablebusinessgrowthandpositivesocialchangethatreinforcesandsupportstheglobaleconomy.
Logontowww.ablfseries.com,andvoteforyourdestinationofchoice.LET US KNOW
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
ABLF SERIES 2013
ABLF SERIES 2013
ABLF SERIES 2013
ABLF SERIES 2013
ABLF SERIES 2013
ABLF SERIES 2013
ABLF SERIES 2013
CAN YOU AFFORD TO MISS IT?
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