HDFC

Mumbai: Mr. Aditya Puri, Managing Director of  HDFC bank, has been featured in Fortune Businessperson of the year list, an annual ranking of world’s top 50 heads of companies. At 36^thposition, Mr.Puri is the only head of an Indian company on the coveted list. In its 7th edition, the list is led by Facebook’s Mr. Mark Zuckerberg. edition, the list is led by Facebook’s.

Mark Zuckerberg. A host of global heavyweights such as Mr.Jeff Bezos of Amazon, Ms. MaryDillion of Ulta Beauty, Mr.Larry Page of Alphabet, and Mr.SatyaNadella of Microsoft make up the top 5 in that order. Alibaba’sMr. Jack Ma (10th), Apple’s Mr Tim Cook (11th), Netflix’s Mr Reed Hastings (13th),and Uber’sMr. Travis Kalanick (15th) are some other formidable names in the list.

“The author of a book about India’s second largest private bank has described it as ‘boring and steady.’ In a financial institution, that’s a good thing,” the magazine writes in its report “But under managing director Aditya Puri, who has led HDFC Bank for two decades, there’s been nothing boring about its growth, from a pipsqueak with $40 million in revenues to one of India’s largest banks, with $5.6 billion.

It turned those revenues into an impressive $1.9 billion in profits last year. HDFC’s U.S. ADRs enjoyed a 15-year run that took them up a cumulative 2200% before easing off of late.”. Mr.Puri has been the Managing Director of HDFC Bank since its inception in 1994. During his 21 years at the helm, he has created a culture of excellence in the bank. A great advocate of technology and convenience banking, he is credited with using technology to change the way banking is done in India.

The magazine looked at 10 metrics to compile this year’s Businessperson of the Year list. It includes financial metrics like results over 12-month and 36-month periods, stock performance, total shareholder returns and non-financial ones such as business influence, leadership style, and strategic initiatives.