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Stock Market Digital profiles HSBC India's country head Naina Lal Kidwai, who was featured in the Fortune global list of Top Women in Business
 Naina Lal Kidwai
 
 

Corporate Diva Naina Lal Kidwai was born in the year 1957. She is the CEO of the Hongkong and the Shanghai Banking Corporation in India.  Mrs. Kidwai is the first Indian woman to have graduated from Harvard Business School and also the first woman to guide the functioning of a foreign bank in India.

Early childhood and education

Naina Lal was raised in Mumbai and completed her schooling from Simla. She has a Bachelors degree in Economics from University of Delhi and is the first Indian woman to have graduated from Harvard Business School by achieving an MBA degree. Naina Lal is amongst the top business women of India who has reached the top with her sincerity and hard work. She has completed her Bachelors of Arts in the year 1977. Naina is also a Chartered Accountant by profession. Naina comes from a family of high achievers. Her father was the CEO of a leading Indian insurance company and her sister became one of India’s top golfers.

Career highlights of Naina lal Kidwai

Mrs. Kidwai serves as the Group General Manager of HSBC Holdings Plc since October 1, 2006. She also serves as the Chief Executive Officer of HSBC India of HSBC Holdings Plc since May 5, 2006. Since April 15, 2009, Mrs. Kidwai also served as the Country Head of HSBC India. She also served as the Head of Corporate & Custodial Services of HSBC Bank.  Naina also served as the Group General Manager of HSBC India until April 15, 2009. Mrs. Kidwai also served as the Deputy Chief Executive Officer of HSBC Holdings Plc since May 21, 2004.  Besides, she also served as Managing Director of HSBC Securities and Capital Markets India. She has also served as Deputy Chief Executive Officer of HSBC from November 2002 to May 5, 2006. 

Naina Lall’s stint with other companies

Naina Lal began her career with ANZ Grindlays where she worked from 1982-1994. At the bank, she held positions including taking the responsibility as the Head of Investment Bank, Head of Global NRI services and Head of Western India, Retail Bank.  From 1994 to 2002, Mrs. Kidwai served as the Head of Investment Banking in Morgan Stanley India and JM Morgan Stanley from 1994 to 2002. She also served at Standard Chartered Bank from the year 1982 to 1994 and as Chief Manager of Retail Bank from 1984 to 1991. From 1989 to 1991, Mrs. Lal was the Chief Manager and Head of Investment Bank India and as Manager of North India of Investment Bank from 1987 to 1989. Naina Lal has also served as the Manager of West India of Investment Bank based in Bombay from 1984 to 1987. From 1977 to 1980, she worked at Price Waterhouse & Co. She also serves as the Chairman of HSBC Asset Management (India) Pvt Ltd and HSBC InvestDirect (India) Ltd. Some other positions include being a non-executive director on the board of Nestle SA, Chairwoman, City of London’s Advisory Council for India, Global Advisor, Harvard Business School. She is on the Governing Board of NCAER, Audit Advisory Board of the Comproller and Auditor General of India and on the National Executive Committee of CII and FICCI.

Special interests of Ms. Naina Lal Kidwai

Naina Lal is very fond of Indian classical and the western music. She also loves to go on trekking tours to the Himalayas. Mrs. Kidwai is also a nature lover and also has keen interest in observing the wildlife.  For her praiseworthy work, Naina has also secured many accolades. Her commendable work has been given the due recognition by honoring her with Padmashri award.  The Fortune magazine declared Mrs. Naina as the third most powerful businesswoman in Asia in the year 2000.

Mrs Kidwai’s personal life

Naina is married to Rashid Kidwai who runs an NGO named Grassroot Trading Network for Women. She is also the mother of 2 children, who is maintaining a great balance between home and work. Mrs. Naina is the daughter of an insurance company CEO. Her mother comes from an industrial family being the sister of industrialist Lalit Mohan Thapar.

Accolades and awards won by Naina

Naina Lal has secured the distinguished Padma Shri award for her contributions in the areas of trade and industry. She has also been voted one among the World’s Top 50 corporate women (2000 to 2003) according to Fortune magazine.

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