Karam Hinduja

Last updated
Karam Hinduja
NationalityBritish
Education Columbia University (BA)
Occupation(s)CEO, Hinduja Bank
ParentShanu 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. [7] [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]

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References

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