15 October 2019

Newsbreakers

PORTS PRINCE  

There is a new sonrise on India’s ports horizon with Karan Adani, Executive Director, Ports, Adani Group being appointed as CEO, Adani Ports and Special Economic Zone Ltd (APSEZ). The eldest son of founder chairman Gautam Adani, an economics graduate from Purdue University, USA, began his career in 2009 by learning the intricacies of port operations at Mundra. Accumulating experience right from the base level, Karan now looks after the strategic development of all Adani ports in India. Since its foundation in 1988, the Adani Group’s business has grown exponentially and projections for the next few years suggest that the expansion is set to continue. Its venture into infrastructure commenced with the development of a green field port in Mundra. Today the logistics vertical looks forward to continually develop, construct and operate ports in India and abroad and offer multimodal logistics solutions. APSEZ, which has shown unprecedented aggression in its expansion bid into India's port sector, is now scouting for more sites in states such as Maharashtra, Karnataka and Andhra Pradesh. With the next phase of the company’s growth on the horizon, the 27 year old aims to build the Group’s identity around an integrated business model – which is of ‘One vision. One Brand’ backed by sound understanding of new processes, systems and macroeconomic issues, coupled with his growing experience.  Under his leadership the company is now looking to establish ports in at least four countries close to India to create synergistic linkages with Adani's Indian assets.  India’s new ports conquistador for sure!   

 

 

 

 

PRICELESS PARTNER

It has taken thirty five years for her to break the glass ceiling to reach the pinnacle of leadership at PricewaterhouseCoopers but it is hugely significant that Satyavati Berera, Regional Managing Partner (North), PwC India has finally catapulted to the big league on the sheer dint of merit. . She has become the first woman to become the COO of a Big Four accounting firm in India, an area known to be male-dominated at the helm. In doing so Berera now not only stands alongside high-profile women achievers from other sectors but has set an example for aspiring women leaders at a time when gender diversity at leadership levels is an objective several large organisations are trying hard to achieve.  Berera since she joined the firm in 1980 and later her admission to the partnership in 1995 has worked in diversified areas like providing internal audit advisory and outsourcing services, governance, risk and compliance services. These services help clients establish a robust internal control and compliance mechanism, better manage and mitigate business risks and improve overall governance in the organisation. An Economics graduate from Delhi University, she is a fellow member of the Institute of Chartered Accountants of India. Apart from the need to break from stereotypes Behera believes in pushing the envelope wherever necessary and being open to opportunities and change.  With India’s real estate, construction and infrastructure sectors now hotting up, her dynamic presence at the helm of PwC should contribute positively to the nation’s gung ho spirit of enterprise. 

 




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