This lady was installed as the FICCI chief in the presence of Prime Minister. She is the country-head of HSBC Bank. Now read the investigative report about HSBC appearing in the latest issue of Gfiles. Talks of suspected terror-funding seeking closure.
Link: [Banking on scams -- Ajit Ujjainkar. The reported money-laundering and terror financing operations pose a threat to the safety and integrity of not only the banking industry but to the security of the country itself. Finance Ministry and the Reserve Bank of India’s (RBI) initiation of investigations into the working of HSBC only confirm its doubtful operations. This was done after a US Senate committee said that the bank’s Indian staff had allegedly mishandled checks to ensure the global banking giant was following norms that guard against money-laundering and terror-funding clearly indicates that there is deep malice in the way the bank operates in India and may pose a serious threat to the safety and integrity of not only the entire banking and financial services industry but the security of the country itself. Read on...http://gfilesindia.com/frmArticleDetails.aspx?id=446&Name=GOVERNANCE]
What kind of message PM is sending to the Corporate sector and the nation?
M.G.Devasahayam
NEW DELHI, December 15, 2012
Naina Lal Kidwai is new FICCI chief
SPECIAL CORRESPONDENT
FICCI President Ms. Naina Lal Kidwai.Country Head, HSBC India, and Director, HSBC Asia Pacific, Naina Lal Kidwai took over as the first woman President of the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi on Saturday.
Ms. Kidwai took charge at the end of the 85 annual general meeting from R.V. Kanoria.
Chairman of Xpro India Limited and Digjam Limited Sidharth Birla took over as Senior Vice-President. Chairperson and Managing Director of Bharat Hotels Jyotsna Suri is the new Vice-President.
http://www.thehindu.com/business/Industry/naina-lal-kidwai-is-new-ficci-chief/article4203925.ece
