Ajay Nanavati, Chairman, Quantum Advisors; Fmr Chairman, Syndicate Bank
- Ajay is the Chairman of Quantum Advisors.
- He is the former Chairman of Syndicate Bank.
Podcast
Overview
Discover the profound leadership insights shared by Ajay Nanavati, former Chairman of Quantum Advisors and Syndicate Bank, as he delves into the essence of leadership amidst innovation, meritocracy, and dissent. From navigating the challenges of building a meritocratic culture to fostering innovation in both large corporations and startups, Nanavati’s journey offers invaluable lessons for aspiring leaders and board members alike. Gain insights into the evolving role of board directors, the importance of voicing dissent, and the imperative for continuous learning in today’s dynamic business landscape.
[00:42] – About Ajay Nanavati
- Ajay is the Chairman of Quantum Advisors.
- He is the former Chairman of Syndicate Bank.
13:59- How do you see the roles and responsibilities of a board director evolving in the current business climate?
- Board directors are increasingly expected to fulfil their fiduciary responsibilities and be accountable for the decisions made under their purview.
- The role of board directors extends beyond quarterly meetings, requiring constant engagement and a deep understanding of evolving business landscapes.
- There is a growing emphasis on the independence and effectiveness of board committees, such as the NRC (Nomination and Remuneration Committee), to ensure better governance and accountability in both global and Indian business contexts.
25:08- What advice or what lessons would you give to individuals aspiring to become board members?
- Never assume and always question everything, avoiding the trap of taking anything for granted.
- Cultivate the courage to voice dissent and disagree when necessary, prioritizing conviction over silence.
- Maintain a continuous learning mindset, staying current with industry trends and avoiding complacency in knowledge acquisition.
RESOURCES:
Learn more about Ajay Nanavati: LinkedIn
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Profile
- Ajay is the Chairman of Quantum Advisors.
- He is the former Chairman of Syndicate Bank.
