Akhila Srinivasan

{{Short description|Indian businesswoman}}

{{Use dmy dates|date=February 2020}}

{{Use Indian English|date=July 2018}}

{{Infobox person

| name = Akhila Srinivasan

| nationality = Indian

| education = PhD(Economics)

| alma_mater = University of Madras

| known_for = Managing Director of Shriram Life Insurance Company

}}

Akhila Srinivasan is the Managing Director of the Shriram Group Shriram Life Insurance Company.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=30444737&privcapId=13609999|title=Akhila Srinivasan: Executive Profile & Biography - Businessweek|website=www.bloomberg.com|access-date=2021-05-16}} She is also the founder of the Shriram Foundation, a philanthropic organization with a focus on education, micro-credit, and anti-poverty initiatives, and the founder and Managing Trustee of GiveLife, a related NGO focused on humanitarian projects.

Early life and education

Srinivasan graduated from RSK Higher Secondary School in Tiruchirappalli, and completed her undergraduate and post-graduate education at Seethalakshmi Ramaswami College.{{cite book |last1=Amarnath |first1=Nischinta |last2=Ghosh |first2=Debashish |title=The Voyage to Excellence The Ascent of 21 Women Leaders of India Inc |date=2005 |publisher=Pustak Mahal |location=Delhi |isbn=9788122309041 |url=https://books.google.com/books?id=WjFR5qWYhMwC&dq=%22Akhila+Srinivasan%22+-wikipedia&pg=PT27 |access-date=17 May 2021}} Her career plan at first was to join the Indian Administrative Service, and then after marrying and having her first child, she changed her career goal to completing her PhD and becoming a teacher. While she was working on her MPhil in Economics at University of Madras, she applied to become an executive trainee at the Shriram Group, completed the entrance exams and was selected for the program. She holds an MPhil in economics and a PhD in Economics with a focus on micro-credit for women entrepreneurs.{{Cite news|url=http://www.thehindu.com/news/national/six-indian-women-make-it-to-forbes-list/article6963578.ece|title=Six Indian women make it to Forbes list|date=5 March 2015|newspaper=The Hindu|language=en-IN|issn=0971-751X|access-date=2016-09-17}}

Career

Srinivasan joined Shriram Investments in 1986 as an executive trainee.{{cite news |last1=Jayachander |first1=Neeti |title=Meet one of Asia's most powerful businesswomen |url=https://www.femina.in/achievers/akhila-srinivasan-one-of-asias-most-powerful-businesswomen-5227.html |access-date=16 May 2021 |work=Femina |date=May 15, 2016}} Her first role in the company included public relations and marketing, and she became the marketing manager after a year as a trainee. She was promoted to general manager of Marketing in 1993 and then President of Shriram Investment Ltd. in 1994. She became the company's managing director in 2000. She became the managing director of Shriram Life Insurance in 2005.{{Cite web|url=https://www.shriramlife.com/directors|title=Board of Directors - Shriram Life Insurance Company|website=www.shriramlife.com|access-date=2016-09-13|archive-url=https://web.archive.org/web/20161102000947/https://shriramlife.com/directors|archive-date=2 November 2016|url-status=dead|df=dmy-all}}{{cite news |last1=Ravindranath |first1=Sushila |title=Living in the moment |url=http://archive.indianexpress.com/news/living-in-the-moment/1219915/ |access-date=16 May 2021 |work=The Indian Express |date=January 23, 2014}} From September 2005 to November 2006, she was on the Board of Shriram Transport Finance Co.

In addition to the corporate roles, she served as the Honorary Consul for the Netherlands{{cite news |last1=Special Correspondent |title=Importance of cultural diversity stressed |url=https://www.thehindu.com/news/cities/chennai/Importance-of-cultural-diversity-stressed/article16303440.ece |access-date=16 May 2021 |work=The Hindu |date=May 26, 2010}} between 2005 and 2012.

Social Welfare

Shriram Foundation, a social welfare arm of the Shriram Group, was founded under her leadership in 1993. The work of the foundation includes a free Montesorri school and a community college.{{cite news |last1=Varadarajan |first1=Nitya |title=80:20 Vision: Akhila Srinivasan |url=https://www.businesstoday.in/magazine/cover-story/8020-vision-akhila-srinivasan/story/10247.html |access-date=17 May 2021 |work=Business Today |date=November 28, 2010}} The foundation also focuses on micro-credit finance for rural women, care for orphans and destitute people, and establishing multiple schools and scholarship programs.

She is also the founder and Managing Trustee{{Cite web|url=http://www.givelife.in/about/trustees/|title=Trustees {{!}} Give Life|website=www.givelife.in|access-date=2016-09-13|archive-url=https://web.archive.org/web/20160919092430/http://www.givelife.in/about/trustees/|archive-date=19 September 2016|url-status=dead}} of GiveLife, established within the Shriram Foundation as an NGO working to provide education to the financially underprivileged children in Tamil Nadu and Andhra Pradesh.{{cite news |last1=Express News Service |title=For the right of the migrant child |url=https://www.newindianexpress.com/cities/bengaluru/2012/aug/29/for-the-right-of-the-migrant-child-401383.html |access-date=17 May 2021 |work=The New Indian Express |date=29 August 2012}}{{cite news |last1=Staff Reporter |title=Educational aids for the needy |url=https://www.thehindu.com/news/cities/chennai/educational-aids-for-the-needy/article2116130.ece |access-date=17 May 2021 |work=The Hindu |date=June 18, 2011}}

She has served as the president of the Art of Living Foundation, a humanitarian organization, for seven years. She also served as the honorary President of the Shri Shri Ravishankar University in Orissa, to assist with establishing the university.

Personal life

Srinivasan is married to H. Srinivasan, a chartered accountant, and they have two children. She is a trained classical singer.

Awards and recognition

  • 1999, Social Responsiveness Award, Federation of Indian Chambers of Commerce & Industry
  • 2000-01, Outstanding Woman Professional Award, Federation of Indian Chambers of Commerce & Industry{{Cite web|url=http://ficci.in/files-for-short-time/awards-brochure.pdf|title=FICCI Awards|website=FICCI|page=27|access-date=13 September 2016}}{{Dead link|date=May 2019 |bot=InternetArchiveBot |fix-attempted=yes }}
  • 2007 and 2010, 30 Most Powerful Women, Business Today{{Cite web|url=http://www.businesstoday.in/magazine/cover-story/the-30-most-powerful-women/story/10225.html|title=The 30 most powerful women- Business News|website=www.businesstoday.in|access-date=2016-09-13}}{{Cite web|url=http://www.businesstoday.in/magazine/event/rewards-of-excellence/story/10525.html|title=Rewards of excellence- Business News|website=www.businesstoday.in|access-date=2016-09-13}}
  • 2015, Asia's 50 'Power Businesswomen', Forbes,{{Cite web|url=https://www.forbes.com/pictures/fmhf45hik/akhila-srinivasan-india/#e64719a4a9e8|title=Akhila Srinivasan (India) - pg.17 Forbes|last=Institute|first=Baker|website=Forbes|access-date=2016-09-13}} including for her role in making Shriram Life Insurance "one of top five players in its industry in India in terms of profitability".{{Cite web|url=http://economictimes.indiatimes.com/news/company/corporate-trends/six-indians-among-forbes-50-power-businesswomen/articleshow/46381066.cms|title=Six Indians among Forbes' 50 'Power Businesswomen' - The Economic Times|access-date=2016-09-13}}{{cite news |last1=Sharma |first1=Sriram |title=6 Indians Among Forbes' 50 'Power Businesswomen' |url=https://www.huffpost.com/archive/in/entry/indian-women-in-forbes-50-power-businesswomen_n_6765570 |access-date=16 May 2021 |work=HuffPost |date=July 14, 2016}}

References