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{{Short description|Indian businessman}}
{{resume-like|date=May 2024}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{Infobox person
|name = Sumit Jamuar
|image = File:Sumit Jamuar.jpg
|caption =
|birth_place =
|alma_mater = [[IIT Delhi]], [[INSEAD]]
|birth_date =
|occupation = Chairman & CEO, [[Global Gene Corp]]
|spouse =
|website =
|footnotes =
}}

'''Sumit Jamuar''' is the chairman, co-founder and CEO of Global Gene Corp,<ref>{{cite web|title=Global Gene Corp website|url=https://globalgenecorp.com/|publisher=Global Gene Corp|accessdate= 4 October 2019}}</ref> a genomics data platform and applications company that is collecting and analysing diverse genomic and medical datasets to deliver precision healthcare to a global market.<ref>{{cite web|title=Singapore's Global Gene offers genetical testing services in India|url=http://www.dnaindia.com/money/report-singapore-s-global-gene-offers-genetical-testing-services-in-india-1995764|publisher=dnaindia.com|accessdate=15 September 2014}}</ref><ref>{{cite web|title=Customized gene tests for Indians are available now|url=https://timesofindia.indiatimes.com/home/science/Customized-gene-tests-for-Indians-are-available-now/articleshow/36166685.cms|publisher=indiatimes.com|accessdate=15 September 2014}}</ref><ref>{{Cite news|url=https://www.bbc.co.uk/news/science-environment-40343755|title=The power of a billion: India's genomics revolution|last=Arney|first=Kat|date=2017-06-22|work=BBC News|access-date=2017-07-17|language=en-GB}}</ref> Sumit is responsible for the company's long-term strategy and partnerships.<ref name="investing">{{cite web|title=lloyds banking group plc (LLOY:London)|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=130400757&ticker=LLOY:LN&previousCapId=670064&previousTitle=Lloyds%20Banking%20Group%20plc|publisher=businessweek.com|accessdate=15 September 2014}}</ref><ref>{{cite web|title=Gene tests evolve, cheaper & customized for Indians now|url=https://timesofindia.indiatimes.com/city/mumbai/Gene-tests-evolve-cheaper-customized-for-Indians-now/articleshow/36165619.cms|publisher=indiatimes.com|accessdate=15 September 2014}}</ref>

He was formerly a Banker with [[Lloyds Banking Group]], and prior to that a consultant with [[McKinsey & Company]].<ref name="Sumit S. Jamuar">{{cite web|title=Sumit S. Jamuar|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=130400757&ticker=LLOY:LN&previousCapId=670064&previousTitle=Lloyds%20Banking%20Group%20plc|publisher=businessweek.com|accessdate=15 September 2014}}</ref> Sumit has served as CEO of [[SBI Capital Markets|SBICAP]] (UK) Ltd, European investment banking subsidiary of [[State Bank of India]]. He played pivotal role in ideation & creation of FTSE - SBI Bond series indices as partnership between State Bank of India and [[London Stock Exchange]], FTSE TMX which was part of the Joint statement of Hon Prime Ministers of India and UK.<ref>{{cite web|title= SBICAP (UK) Ltd. | url=http://www.sbicaps.com/wp-content/uploads/2015/08/Mr.Sumit_Jamuar_CEO-SBICAP-(UK).pdf|accessdate= 1 October 2017}}</ref>

==Early life==

Sumit was born to Mrs. Rita Jamuar and Prof. Sudhanshu S. Jamuar in Patna.<ref>{{cite web|title=Meeting and Seminar Archive |url=https://ewh.ieee.org/r6/scv/sps/200811Abstract.htm
|access-date=3 November 2008}}</ref> He was brought up in New Delhi at the [[Indian Institute of Technology Delhi|Indian Institute of Technology (IIT), Delhi]] campus where his father served a professor in the Electrical Engineering Department.

==Education==
He holds a bachelor's degree in chemical engineering from the [[Indian Institute of Technology Delhi|Indian Institute of Technology (IIT), Delhi]]. He completed his post-graduation in Business Administration from [[INSEAD]], Fontainebleau. He has attended programmes in [[University of Massachusetts Amherst]] and [[Tuck School of Business at Dartmouth]].

At [[INSEAD]] he contributed to research paper on [[Corporate governance|Corporate Governance]] "Board Seat Accumulation by Executives: A Shareholder's Perspective" that was published in Journal of Finance and has been cited by over 170 research papers.<ref>{{cite web|title=Board Seat Accumulation by Executives: A Shareholder's Perspective |url=http://www.insead.edu/facultyresearch/research/details_papers.cfm?id=11286|accessdate=31 March 2003}}</ref>

==Career==
'''Consulting Career'''

Following graduation from [[IIT Delhi]], Sumit started as a Business Analyst with [[McKinsey & Company]], [[India]].<ref>{{cite web|title=Alumni Headlines - September 2013|url=https://alumni.mckinsey.com/public_content/500168673|publisher=mckinsey.com|accessdate=15 September 2014}}</ref> He was the first undergraduate consultant to be hired in the inaugural class of two Business Analysts marking the start of the Business Analyst programme in the Indian office of [[McKinsey & Company]]. During his consulting career, he served top Indian and global institutions in banking, steel and automobiles. Key engagements included building the off shoring proposition for a blue-chip Global Bank, international expansion strategy for the top Indian private bank, as well as, report outlining road map of policy initiatives to increase Foreign Direct Investment in India which was launched by the Hon. Finance Minister of India, [[Jaswant Singh]].<ref>{{cite web|title=India can attract $100 b FDI in 5 years: McKinsey
|url=http://www.thehindubusinessline.com/2001/08/04/stories/140420b5.htm|accessdate=4 August 2001}}</ref>

'''Banking Career'''

Sumit worked with [[Lloyds Banking Group|Lloyds]], (previously known as Lloyds TSB Bank)<ref>{{cite web|title=The Social Capital: Sumit Jamuar of Lloyds Banking Group|url=http://vikaspota.com/2011/09/07/the-social-capital-sumit-jamuar-of-lloyds-banking-group/|publisher=vikaspota.com|accessdate=15 September 2014}}</ref> London between 2003 and 2012.<ref>{{cite web|title=The Social Capital with Vikas Pota - What giving really means?|url=http://www.indiaincorporated.com/item/315-the-social-capital-with-vikas-pota-what-giving-really-meansss.html|publisher=indiaincorporated.com|accessdate=15 September 2014}}</ref> He held several senior leadership positions in start-ups, global client coverage, strategy & transformation and a turnaround unit in the bank. During his last assignment at the organization, he served as the managing director and Global Head of Sales in the Financial Institutions team and also served as a Member of the Financial Institutions Group Executive Committee at the organization. Prior to that he was MD & Head of Solutions CRE BSU and played a lead role in creating one of the largest turnaround unit for distressed commercial real estate assets. He was also MD & Head of Emerging Markets, and Head of Strategy & Transformation, where he advised the Group Executive Director for Wholesale Bank as chief strategist. He started his career in Lloyds TSB Bank as Venture Manager in the Corporate Venturing Unit. He was also appointed Chairman of Lloyds GEM Network, the ethnic diversity network.<ref name="float">{{cite web|title=Sumit Jamuar|url=http://floatingclinic.org.uk/about/board-of-directors/|publisher=floatingclinic.org.uk|accessdate=15 September 2014}}</ref>

'''Other Roles'''

Sumit has been an advisor and acting chief executive for Africa and Europe to [[GEMS Education]], the largest private school operator in the world for their expansion, building and opening of schools in Kenya, Uganda and Switzerland, as well as acquisition of Ecole de Roches, Normandy.<ref>{{cite web|title=World Economic Forum on Africa|url=https://www3.weforum.org/docs/AF13/WEF_AF13_Participants_ik7j37s0pl.pdf|publisher=weforum.org|accessdate=15 September 2014}}</ref><ref>{{cite web|title= World Economic Forum on Africa, list of participants|url=https://www3.weforum.org/docs/AF13/WEF_AF13_Participants_ik7j37s0pl.pdf | publisher=weforum.org| accessdate=1 October 2017}}</ref> He was a member of the European Council for BAFT-IFSA, a leading financial services trade body, where he had leading involvement in industry initiatives like engagement with Regulators and Members of Parliament on [[Basel III|BASEL III]].<ref name="investing" /> He is also a fellow at the [[Institute of Directors]], since 2009. IOD is a UK-based organization incorporated in 1906 that represents and sets standards for [[Board of directors|company directors]].

Sumit was vice chairman of [[International Telecommunication Union]] (ITU) & [[Bill & Melinda Gates Foundation|Gates Foundation]] initiative on Digital Financial Service for [[Financial inclusion|Financial Inclusion]].<ref>{{cite web|title= ITU - Focus Group on Digital Financial Services|url=https://www.itu.int/en/ITU-T/focusgroups/dfs/Pages/default.aspx|accessdate=1 October 2017}}</ref> He has served as co-chair of the Consumer Experience & Protection working group of ITU.<ref>{{cite web|title= ITU - Chairman report on the first meeting of Focus Group on Digital Financial Services| url=https://www.itu.int/en/ITU-T/focusgroups/dfs/Documents/Summary%20of%20the%20first%20meeting%20of%20FG%20DFS.pdf|accessdate= 1 October 2017}}</ref>

'''Current Position'''

Sumit serves as Chairman & CEO at [[Global Gene Corp]].<ref name="Sumit S. Jamuar"/> He co-founded the company in 2013 with his brother, Saumya Jamuar (head of the SingHealth Duke-NUS Genomic Medicine center), geneticist Jonathan Picker at Boston Children's Hospital and corporate strategist Kushagra Sharma to address the lack of diversity in the genomic datasets used to inform the development of novel diagnostics and therapies to benefit a global population.<ref>{{cite web|title= Taking Genomic Data Global - MIT Technology Review| url=https://www.technologyreview.com/s/601796/taking-genomic-data-global/|accessdate= 4 October 2019}}</ref>

Global Gene Corp has a particular focus on gathering data about genomic diversity in India,<ref>{{cite web|title= The power of a billion: India's genomics revolution - BBC News| url=https://www.bbc.com/news/science-environment-40343755|accessdate= 4 October 2019}}</ref> and established a partnership in 2018 with the [[Regeneron Pharmaceuticals|Regeneron]] Genetics Center to create the largest research programme specifically aimed at generating genomic understanding of populations in the sub-continent.<ref>{{cite web|title= Global Gene Corp and Regeneron announce largest genomics programme for Indian population - The Times of India| url=https://timesofindia.indiatimes.com/home/science/global-gene-corp-and-regeneron-announce-largest-genomics-programme-for-indian-population/articleshow/63353609.cms|accessdate= 4 October 2019}}</ref>

The company has also established a partnership with the University of Namibia and the Namibian government to develop a national genomics initiative, aiming to study the genetic makeup of the Namibian population. Data will then be used to develop relevant precision medicine approaches and build a Centre of Excellence in Genomics in Namibia.<ref>{{Cite web|url=http://www.unam.edu.na/news/science-forum-yields-global-partners-for-namibia|title=Science Forum yields global Partners for Namibia|date=2018-12-03|website=University of Namibia|language=en|access-date=2019-10-04}}</ref>

Sumit is one of 26 speakers taking part in the televised series TED Talks India: Nayi Baat (New Conversations), hosted by actor [[Shah Rukh Khan]] and broadcast on Hindi channel StarPlus, Nat Geo and English channel Star World in November 2019.<ref>{{Cite web|url=https://www.hollywoodreporter.com/news/disneys-star-india-sets-shah-rukh-khan-s-ted-talks-india-season-2-1245095|title=Disney's Star India Network Sets Season 2 of 'TED Talks India' Hosted by Shah Rukh Khan|website=The Hollywood Reporter|language=en|access-date=2019-10-04}}</ref>

==Charitable and cultural activities==
Sumit is associated with various charitable and cultural organizations such as Lake Tanganyika Floating Health Clinic, United Kingdom,<ref name="float" /> [[SPIC MACAY|SPIC MACAY, UK]]<ref>{{cite web|title=SPIC MACAY and The Nehru Centre celebrate India's rich cultural heritage|url=http://www.apnnews.com/2014/08/07/spic-macay-and-the-nehru-centre-celebrate-indias-rich-cultural-heritage/|publisher=apnnews.com|accessdate=15 September 2014}}</ref> and Global Education & Skills Forum (GESF) 2013.<ref>{{cite web|title=SPIC MACAY and The Nehru Centre celebrate Virasat 2014 in London|url=https://www.indiainfoline.com/article/news/spic-macay-5979626422_1.html|publisher=indiainfoline.com|accessdate=15 September 2014}}</ref><ref>{{cite web|title=SPIC MACAY and The Nehru Centre celebrate ‘Virasat 2014' in London|url=https://www.indiainfoline.com/article/print/news/spic-macay-5979626422_1.html|publisher=indiainfoline.com|accessdate=15 September 2014}}</ref><ref>{{cite web|title=London Virasat 2014: SPIC MACAY and The Nehru Centre celebrate India's rich cultural heritage|url=http://www.prfire.co.uk/society/london-virasat-2014-spic-macay-and-the-nehru-centre-celebrate-indias-rich-cultural-heritage-159576|publisher=prfire.co.uk|accessdate=15 September 2014}}</ref>

==References==
{{reflist}}

{{DEFAULTSORT:Jamuar, Sumit}}
[[Category:Businesspeople of Indian descent]]
[[Category:Living people]]
[[Category:Tuck School of Business alumni]]
[[Category:IIT Delhi alumni]]
[[Category:Year of birth missing (living people)]]

Sumit Jamuar - Revision history

FranceGqd9358746: Made new details w/ refs