President, Grey Gurus Management Advisors, LLP
Ajay is a seasoned global executive with 35+ years of multi-country, cross-functional experience He started his career with the Tata Group and joined 3M in India in 1988 as its first employee. He was responsible for forming the JV & building the organization from scratch. In the subsequent 28 years with 3M he held positions of increasing responsibility in different parts of the world. In 1993 he relocated to Singapore to manage the APAC region for the telecom business. He moved to divisional HQ in Austin, Texas in 1998 where he led the launch of a major new services diversification initiative for the corporation as well as integration of a large French/German acquisition. He spent the subsequent 4 years at corporate HQ in St. Paul, MN in senior strategy & new business development roles including identifying & leading the acquisition & integration of a new-to-the-company technology venture. In 2005 he moved to Israel as Managing Director of 3M Israel. He returned to India in 2008 as the first Indian MD of 3M’s only public company outside the US. During this 5 year stint the company’s revenues doubled, market cap quadrupled, a major R&D center was set up and local manufacturing ramped up. He is currently chairman of Syndicate Bank & on the board of Alicon Ltd. Additionally he is an active innovation evangelist on various forums, mentors start-ups/SME’s and is an angel investor. He is the co-chair of the CII Directors Guild on corporate governance, a member of the CII Start up council, Advisory Board of International Institute of Information Technology (IIITB) & Advisory Board of Israel Center, IIMB Ajay holds a degree in Chemical Engineering from Virginia Tech., USA.