Karam Hinduja Explained

Karam Hinduja
Nationality:British
Education:Columbia University (BA)
Occupation:CEO, Hinduja Bank
Parents:Shanu Hinduja
Relatives:S. P. Hinduja (grandfather)
Parmanand Hinduja (great-grandfather)

Karam Hinduja is a British Indian investment banker. He is the CEO of Hinduja Bank.[1] [2]

Biography

Hinduja is a grandson of Indian-born British billionaire businessman S. P. Hinduja, founder of the Hinduja Group and patriarch of the Hinduja family. He grew up in London.[3] His mother is Shanu Hinduja, the elder of S.P.'s two daughters, who is the chair of the Hinduja Foundation US and co-chairperson of Hinduja Global Solutions Inc.[4] [5] His father is Suren Mukhi, son of Narsi and Janki Mukhi of a Sindhi trading family based in London.[6]

He received his B.A. from Columbia University.[7] He also spent a year at Nick Bollettieri's IMG Academy in Florida in a bid to become a professional tennis player before a Herniated disc forced him to return to Europe to join the family business.[8]

He took charge of the Hinduja Bank in early 2020 and led a rebranding effort, renaming Hinduja Bank into SP Hinduja Banque Privee, a move he claims is meant to honor his grandfather, who founded the bank in 1978.[9] He also signaled a shift in the bank's management strategy in attracting a younger and tech-oriented clientele.[10] [11]

Hinduja is also the CEO and founder of Timeless Media and digital media platform Karma Network that promotes alternative investing principles.[12] [13] [14] He has criticized the British government for failing to act on climate change and has called on businesses to step up their commitment to environmental sustainability.[15]

References

  1. Web site: Bloomberg. Nov 24, 2021 . Karam Hinduja: Hinduja family feud puts century-old business empire in jeopardy International Business News - Times of India . 2022-04-01 . The Times of India . en.
  2. Web site: Doherty . Brendan . Icon: The Hinduja Entrepreneur Making ESG Waves In Finance . 2022-04-01 . Forbes . en.
  3. Web site: Miller . Hugo . November 23, 2021 . Billionaire Family Feud Puts a Century-Old Business Empire in Jeopardy . 2022-04-01 . Bloomberg.
  4. Web site: Hinduja brothers' fight: What went wrong in the family? . 2022-04-01 . Business Today . en.
  5. Web site: Genevet . Laurence . An Iron Fist in a Velvet Glove . 2022-04-01 . Forbes . en-US.
  6. M. RAHMAN . January 15, 1988 . Dazzling spectacle of tradition and modernity for Hindujas' daughter's wedding . 2022-04-01 . India Today . en.
  7. Web site: Miller . Hugo . November 23, 2021 . Hinduja Heir Seeks to Remake Swiss Bank for T-Shirt Crowd . April 1, 2022 . Bloomberg.
  8. Web site: 2011-08-16 . Struby: The old man and the court . 2022-04-01 . ESPN.com . en.
  9. Web site: Geneva private bank embroiled in multibillion-dollar family feud . April 1, 2022 . citywire.ch.
  10. Web site: Karam Hinduja’s mission to redefine the meaning of wealth management . 2022-04-01 . www.fortuneindia.com . en.
  11. Web site: Chiu . Bonnie . A Next Gen Investor’s Predictions On Impact Investing In 2020s . 2022-04-01 . Forbes . en.
  12. Web site: Hinduja . Karam . The Venture-Capital Bubble Is Going to Burst . 2022-04-01 . www.barrons.com . en-US.
  13. Web site: GmbH . finanzen net . One Man Changing the Investment Landscape . 2022-04-01 . markets.businessinsider.com . en.
  14. Web site: Burns . Stephanie . How To Build A Legacy For Your Business . 2022-04-01 . Forbes . en.
  15. Web site: 2019-05-30 . British billionaire attacks governments for failing to tackle climate change or end poverty . 2022-04-01 . The Independent . en.

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