- Source: Ajit Narain Haksar
Ajit Narain Haksar (11 January 1925 – 19 May 2005) was the first Indian chairman of ITC Limited and on retirement was voted the Chairman Emeritus of the company. He has received the Lifetime Achievement in Management Award from All India Management Association (AIMA), 'Outstanding Industrialist Award' and the 'Udyog Rattan Award.' He is recognized for leading ITC's transformation into a company with a stronger Indian identity than a foreign one.
Early life
Ajit Narain Haksar was born on 11 January, 1925 in Gwalior into a Kashmiri Pandit family. He was educated at the Doon School and subsequently at Allahabad University. He then did an MBA at Harvard Business School.
ITC
Haksar joined ITC in 1948 as a trainee in Marketing, and was rose to become the marketing director in 1966. By 1968, Haksar was made deputy chairman and was then instated as chairman in 1969. He retired from ITC in 1983 after 34 years with the company, and was succeeded by his brother-in-law, Jagdish Narain Sapru. Haksar was known as the chairman who first took ITC out of purely the tobacco industry and into hotels and paperboards.
Other endeavours
In 1977, Haksar founded the ITC Sangeet Research Academy, a Hindustani classical music academy located in Kolkata, India. The academy has played a significant role in the revival and preservation of India's rich musical heritage.
In 1995, he founded the EMPI Business School Group, New Delhi and served as the Founder Patron Chairman till his passing away.
Family life
He was married to Mrs.Madhuri Haksar and they had two children, daughter, Nina Channa and son, Anant Narain Haksar.
Autobiography
Autobiography, Bite the Bullet: Thirty-four Years with ITC, New Delhi, India: Viking, Penguin Books India, (1993) 536 p. ISBN 0-670-85319-4
References
External links
Obituary at Rediff News
Obituary on ITC website
Kata Kunci Pencarian:
- Ajit Narain Haksar
- Haksar
- Ajit (given name)
- Jagdish Narain Sapru
- The Doon School
- The Doon School Old Boys' Society
- Udyog Rattan Award
- List of The Doon School alumni
- Sapru
- Mohan Kumaramangalam
