Ajay Nanavati

Ajay Nanavati is a seasoned global executive with over 35 years of multi-country, multi-business, and cross-functional experience.2 He currently serves as the Chairman of the Board at Quantum Advisors Pvt Limited India, a position he has held since November 2020.2

Career Highlights

Ajay's career is marked by significant achievements and leadership roles:

• 3M Career: He joined 3M in India in 1988 as its first employee, where he was responsible for forming the joint venture, building the organization from scratch, and launching the IPO.1 Over his 28-year tenure with 3M, he held various positions of increasing responsibility across multiple countries, including Singapore, the United States, and Israel.1

• 3M India Leadership: In 2008, he returned to India as the first Indian Managing Director of 3M India Ltd., the company's only international public subsidiary.1 During his 5-year term, he doubled the company's revenues, quadrupled its market capitalization, scaled up local manufacturing, and established a major R&D center.12

• Syndicate Bank: After his time at 3M, Ajay served as the Chairman of Syndicate Bank.1

Current Roles and Involvements

Ajay Nanavati is actively involved in various capacities:

• Chairman of Quantum Advisory Services (a Fairfax JV)1
• Independent Director at Livinguard A.G (Zug) and Alicon Castalloy Ltd12
• Member of various CII committees, including Corporate Governance Council, Institute of Quality, and Start-up Council12
• Advisory Board Member for several institutions, including the International Institute of Information Technology and the IIMB Israel Center12

Expertise and Interests

Ajay is known for being:

• An active innovation evangelist
• A corporate governance advocate
• An angel investor
• A mentor to start-ups on leadership development12

Education

Ajay Nanavati holds a degree in Chemical Engineering from Virginia Tech, USA.1