Award conferred jointly by ET-Spencer Stuart

Nagda: Neelanjan Banerjee, Senior Executive Director, LANXESS India Private Limited has a new feather in his cap this year. A joint study by The Economic Times and Spencer Stuart, has come up with a list of top 40 business leaders in India who are under the age of 40. This award was handed over to Banerjee at a grand ceremony in Mumbai, on April 29, 2014 by Deepak Parekh, Chairman, Housing Development Finance Corporation, who chaired the jury.

Parekh also happens to be the Non-Executive Chairman of Glaxo Smithkline Pharmaceuticals and Siemens India Ltd. He is on the boards of several large companies like Exide, Mahindra and Mahindra Limited, Indian Hotels company Limited and international boards of DP World- UAE and Vedanta Resources plc. The ceremony had an august audience comprising of select business leaders and board members.

With the goal of recognising the next generation of leaders, Spencer Stuart collaborated with the Economic Times, to identify 40 leaders under 40 who are the crème-de-la-crème of India Inc’s young upcoming leadership and are potential contenders for the CEO’s office. The selection of the 40 was undertaken by a distinguished jury of eminent leaders through an extremely rigorous process.

As part of the process, Spencer Stuart drew up a rather long-list of 2000 leaders, each of whom were assessed on predetermined criteria to identify 80 candidates that were presented before the jury, who then decided on the final list of 40 candidates.

To arrive upon the short-list, each candidate was assessed against quantitative and qualitative parameters. The panel of jury members included eminent personalities like Anjali Bansal, Managing Director, Spencer Stuart India; Subodh Bhargava, Chairman, Tata Communications; Sanjeev Bikhchandani, Chief Executive Officer and Co-Founder, Info Edge India; Harish Manwani, Global Chief Operating Officer, Unilever, Non-Executive Chairman, Hindustan Unilever Ltd.; D Shivakumar, Chairman and Chief Executive Officer, PepsiCo India and Janmejaya Sinha, Chairman, Boston Consulting Group, Asia Pacific.

On this occasion, Banerjee expressed, “I consider myself fortunate to have received this award. I am thankful to LANXESS to have given me a platform to lead from the front, make my own decisions, realize my vision for my business and empower teamsto achieved greater heights every day. I have enjoyed my journey of over seven years so far at LANXESS and am thankful to The Economic Times, Spencer Stuart and all my colleagues at LANXESS across functions who have made this possible.”

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