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{{BLP sources|date=September 2019}}
{{BLP sources|date=September 2019}}
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{{Short description|Indian banker  (born 1957)}}
{{Use Indian English|date=July 2013}}
{{Use Indian English|date=July 2013}}
{{Use dmy dates|date=July 2013}}
{{Use dmy dates|date=April 2023}}
{{Infobox person
{{Infobox person
|name       = Naina Lal Kidwai
| name               = Naina Lal Kidwai
| image       = Naina Kidwai at Horasis Global India Business Meeting 2012 (cropped).jpg  
| image             = Naina Lal Kidwai, Immediate Past President, FICCI and Country Head, HSBC India (14511222091) (cropped).jpg
| alt         =  
| alt               =  
| caption     = Kidwai in 2012
| caption           = Kidwai in 2014
|birth_date = {{birth year and age|1957}}<ref name=NLK-B-00>{{cite web |url=http://www.business-bios.com/naina-lal-kidwai/ |title=Business Biographies -Naina Lal Kidwai |access-date=2012-01-04 |archive-url=https://web.archive.org/web/20160306173638/http://business-bios.com/naina-lal-kidwai |archive-date=6 March 2016 |url-status=dead }}</ref>
| birth_date         = {{birth date and age|1957|4|14}}<ref name=NLK-B-00>{{cite web |url=http://www.business-bios.com/naina-lal-kidwai/ |title=Business Biographies -Naina Lal Kidwai |access-date=2012-01-04 |archive-url=https://web.archive.org/web/20160306173638/http://business-bios.com/naina-lal-kidwai |archive-date=6 March 2016 |url-status=dead }}</ref>
|birth_place = [[Delhi]], [[India]]
| birth_place       = [[Delhi]], [[India]]
|nationality = Indian
| occupation         = [[Banker]]
|occupation = [[Banker]]<br>[[Chartered accountant]]  
| years_active       = 1982 – present
|years_active   = 1982 – present
| employer           =  
|employer   =  
| title             = Ex-CEO and Country Head of HSBC India<ref name=NLK-B-01>{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=13590294&ticker=HSBA:LN |archive-url=https://archive.today/20130118171053/http://investing.businessweek.com/research/stocks/people/person.asp?personId=13590294&ticker=HSBA:LN |url-status=dead |archive-date=18 January 2013 |title=Businessweek Executive Profile -Naina Lal Kidwai |access-date=2012-01-04}}</ref><ref name=NLK-B-02>{{cite web |url=http://www.whereincity.com/india/great-indians/women/naina-lal-kidwai.php |title=Indian Businesswomen – Naina Lal Kidwai |access-date=2012-01-04 |archive-date=5 July 2017 |archive-url=https://web.archive.org/web/20170705235055/http://www.whereincity.com/india/great-indians/women/naina-lal-kidwai.php |url-status=live }}</ref>
| title     = Ex-CEO and Country Head of HSBC India<ref name=NLK-B-01>{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=13590294&ticker=HSBA:LN |title=Businessweek Executive Profile -Naina Lal Kidwai |access-date=2012-01-04}}</ref><ref name=NLK-B-02>{{cite web|url=http://www.whereincity.com/india/great-indians/women/naina-lal-kidwai.php |title= Indian Businesswomen - Naina Lal Kidwai |access-date=2012-01-04}}</ref>
| boards             =  
| boards     =  
| alma_mater         = [[University of Delhi]] (BA)<br>[[Harvard Business School]] (MBA)
|alma_mater = [[University of Delhi]] (BA)<br>[[Harvard Business School]] (MBA)<br>[[Institute of Chartered Accountants of India]]
| spouse             = Rashid K. Kidwai
|spouse     = Rashid K. Kidwai
| family            = [[Thapar family]]
|website     =  
| website           =  
|footnotes   =
| footnotes         =  
}}
}}
'''Naina Lal Kidwai''' (born 1957) is an Indian banker, [[chartered accountant]] and business executive.<ref>{{cite news|title=Sheila Dikshit, Shobhana Bhartia and Sharmila Tagore among women achievers honoured
'''Naina Lal Kidwai''' (born 14 April 1957) is an Indian banker and business executive.<ref>{{cite news|title=Sheila Dikshit, Shobhana Bhartia and Sharmila Tagore among women achievers honoured|url=https://www.indiatoday.in/india/north/story/sheila-dikshit-shobhana-bhartia-and-sharmila-tagore-among-women-achievers-honoured-171358-2013-07-23|work=[[India Today]]|date=23 July 2013|access-date=7 December 2019|archive-date=7 December 2019|archive-url=https://web.archive.org/web/20191207121947/https://www.indiatoday.in/india/north/story/sheila-dikshit-shobhana-bhartia-and-sharmila-tagore-among-women-achievers-honoured-171358-2013-07-23|url-status=live}}</ref> She was a Group General Manager and the Country Head of [[HSBC]] India.<ref>{{Cite web|url=http://www.time.com/time/magazine/article/0,9171,1003813,00.html |archive-url=https://web.archive.org/web/20081214010024/http://www.time.com/time/magazine/article/0,9171,1003813,00.html |archive-date=2008-12-14 |title=Naina Lal Kidwai – TIME|date=14 December 2008}}</ref><ref>{{Cite web|url=https://indianexpress.com/article/news-archive/web/naina-lal-kidwai-to-head-hsbc-india-ops/|title=Naina Lal Kidwai to head HSBC India ops|date=17 April 2009|access-date=14 October 2022|archive-date=14 October 2022|archive-url=https://web.archive.org/web/20221014100552/https://indianexpress.com/article/news-archive/web/naina-lal-kidwai-to-head-hsbc-india-ops/|url-status=live}}</ref><ref>{{Cite web|url=https://www.livemint.com/archive|title=Archives Top and Latest News|website=mint|access-date=14 October 2022|archive-date=28 June 2021|archive-url=https://web.archive.org/web/20210628083531/https://www.livemint.com/archive|url-status=live}}</ref> She is also a former President of the [[Federation of Indian Chambers of Commerce & Industry|Federation of Indian Chambers of Commerce and Industry]] (FICCI).<ref>{{Cite web|url=http://blog.ficci.com/office-bearers/naina-lal-kidwai|title=Naina Lal Kidwai – President – FICCI blog|access-date=22 December 2012|archive-date=18 October 2022|archive-url=https://web.archive.org/web/20221018145005/http://blog.ficci.com/office-bearers/naina-lal-kidwai|url-status=live}}</ref> She was the first woman appointed on this post. 
|url=https://www.indiatoday.in/india/north/story/sheila-dikshit-shobhana-bhartia-and-sharmila-tagore-among-women-achievers-honoured-171358-2013-07-23|work=[[India Today]]|date=23 July 2013}}</ref> She was formerly a Group General Manager and the Country Head of [[HSBC]] India.<ref>[https://web.archive.org/web/20081214010024/http://www.time.com/time/magazine/article/0,9171,1003813,00.html Naina Lal Kidwai: Managing director of HSBC India]</ref><ref>[http://www.indianexpress.com/news/naina-lal-kidwai-to-head-hsbc-india-ops/447903/ Naina Lal Kidwai to head HSBC India ops]</ref><ref>[http://www.livemint.com/2009/04/16224523/HSBC-needs-to-have-one-face-fo.html HSBC needs to have one face for its Indian businesses: Kidwai]</ref> She is also a former President of the [[Federation of Indian Chambers of Commerce & Industry|Federation of Indian Chambers of Commerce and Industry]] ([[FICCI]]).<ref>[http://blog.ficci.com/office-bearers/naina-lal-kidwai/ Naina Lal Kidwai - Profile at FICCI Blog]</ref>


==Career==
In 2007, Kidwai received the [[Padma Shri]], India's fourth-highest [[Indian honours system|civilian award]].<ref name="Padma Awards" />


===Education and early years===
==Early life and background==
Kidwai holds a bachelor's degree in Economics from [[Lady Shri Ram College for Women]] [[University of Delhi]] (1977 batch) and an MBA from [[Harvard Business School]] in 1982.<ref>[http://www.hbs.edu: Harvard Business School]</ref><ref>[http://investing.businessweek.com/research/stocks/people/person.asp?personId=13590294&ticker=HSBA:LN&previousCapId=4594868&previousTitle=Bobst%20Group%20North%20America Naina Lal Kidwai: chartered accountant ]</ref> Kidwai was the first Indian woman to graduate from Harvard Business School<ref>[http://institutionalmemory.hbs.edu/memories/naina_lal_kidwai_story.html: Naina Lal Kidwai Story - Harvard Business School]</ref> and also the first woman to guide the functioning of a foreign bank in India. She is also a qualified [[chartered accountant]].
Naina Lall Kidwai was born into a [[Punjabi people|Punjabi]] family on 14 April 1957.<ref>{{Cite web |title=Naina Lal Kidwai - 17806 Director Info |url=https://mycorporateinfo.com/director/naina-lal-kidwai-17806 |access-date=2024-11-17 |website=MyCorporateInfo |language=en |archive-date=9 November 2021 |archive-url=https://web.archive.org/web/20211109071428/http://www.mycorporateinfo.com/director/naina-lal-kidwai-17806 |url-status=live }}</ref> Kidwai's father, Surinder Lall, was the CEO of an insurance company.<ref name=":1">{{Cite web |last=Mathur |first=Nandita |date=4 May 2018 |title=Naina Lal Kidwai: Banking on wonder women |url=https://www.livemint.com/Companies/u1NkBKJeXXxMzF4daVmFkL/Naina-Lal-Kidwai-Banking-on-wonder-women.html |access-date=14 November 2024 |website=Mint |archive-date=21 July 2024 |archive-url=https://web.archive.org/web/20240721195512/https://www.livemint.com/Companies/u1NkBKJeXXxMzF4daVmFkL/Naina-Lal-Kidwai-Banking-on-wonder-women.html |url-status=live }}</ref> Kidwai's mother was the daughter of [[Karamchand Thapar]], founder of the [[Thapar Group]] of companies.<ref>{{Cite web |last=Das Gupta |first=Surajeet |last2=Bhandari |first2=Bhupesh |date=20 January 2013 |title=The right chemistry |url=https://www.business-standard.com/article/beyond-business/the-right-chemistry-112012800016_1.html |access-date=14 November 2024 |website=Business Standard |archive-date=29 February 2024 |archive-url=https://web.archive.org/web/20240229114210/https://www.business-standard.com/article/beyond-business/the-right-chemistry-112012800016_1.html |url-status=live }}</ref> Kidwai has one sister, Nonita Lall Qureshi, a [[Golf|golfer]] and an [[Arjuna Award]] winner in 1989, who is married to [[Pakistan]]i golf champion Faisal Qureshi.<ref>{{Cite web |date=1991-04-15 |title=Indian golf ace Nonita Lall and Pakistani numero uno Faisal Qureshi to tie the knot |url=https://www.indiatoday.in/magazine/eyecatchers/story/19910415-indian-golf-ace-nonita-lall-and-pakistani-numero-uno-faisal-qureshi-to-tie-the-knot-814351-1991-04-14 |access-date=2024-11-13 |website=India Today |language=en}}</ref><ref>{{Cite web |date=9 June 2010 |title=Golden leaf from yesteryears |url=https://www.hindustantimes.com/education/golden-leaf-from-yesteryears/story-wP3JslQ5bqJBqlsMw5XdqN.html |access-date=14 November 2024 |website=Hindustan Times}}</ref>


From 1982-1994 she worked  [[ANZ Grindlays]], where her assignments included Head of the Investment Bank, Head of Global NRI Services  and Head of the Western India, Retail Bank. From 1994 to 2002, Kidwai served as the Head of Investment Banking in [[Morgan Stanley]] India and JM Morgan Stanley.<ref>{{cite web|url=http://thewaywomenwork.com/2011/05/naina-lal-kidwai/|title=Passion is the secret:Indian finance CEO Naina Lal Kidwai|publisher=The way women work|access-date=1 March 2013}}</ref> She also served at [[Standard Chartered Bank]] from the year 1982 to 1994 and as Chief Manager of Retail Bank from 1984 to 1991. From 1989 to 1991, Kidwai was the Chief Manager and Head of Investment Bank India and as Manager of North India of Investment Bank from 1987 to 1989. Kidwai has also served as the Manager of West India of Investment Bank based in Bombay from 1984 to 1987. From 1977 to 1980, she worked at [[PricewaterhouseCoopers|Price Waterhouse & Co]].
==Education==
Kidwai holds a [[bachelor's degree]] in [[economics]] from [[Lady Shri Ram College for Women]], a woman's college in [[University of Delhi]], and belongs to the batch of 1977.<ref name=":2">{{Cite web |title=Naina Lal Kidwai |url=https://www.hbs.edu/creating-emerging-markets/interviews/Pages/profile.aspx?profile=nlkidwai |access-date=2024-11-14 |website=Harvard Business School |archive-date=20 July 2024 |archive-url=https://web.archive.org/web/20240720151137/https://www.hbs.edu/creating-emerging-markets/interviews/Pages/profile.aspx?profile=nlkidwai |url-status=live }}</ref> Funded by her mother's wealthy family, the [[Thapar family]], she then went to [[Harvard Business School]] (HBS) to do a [[Master of Business Administration]] (MBA), and graduated in 1982.<ref name=":2" /> Kidwai is also the first Indian woman to graduate from HBS.<ref>{{Cite web |last=Education Desk |date=2024-10-06 |title=Who is the first Indian woman to graduate from Harvard Business School |url=https://indianexpress.com/article/education/study-abroad/who-is-the-first-woman-graduate-from-harvard-university-9603187/ |access-date=2024-11-13 |website=The Indian Express |language=en}}</ref>


===Current positions===
==Career==
She is currently Chairman of Max Financial Services Ltd. Along with serving as the Chairman of HSBC Asset Management (India) Pvt Ltd and HSBC InvestDirect (India) Ltd, her other positions include being a non-executive director on the board of [[Nestle]] SA and Altico Capital Partners, Chairwoman, City of London's Advisory Council for India, Global Advisor, Harvard Business School. She is on the Governing Board of NCAER, Audit Advisory Board of the [[Comptroller and Auditor General of India]], and on the National Executive Committee of [[Confederation of Indian Industries|CII]] and [[FICCI]].
Kidwai's first job was with Price Waterhouse, which later became [[PwC|PricewaterhouseCoopers]] (PwC).<ref>{{Cite web |last=Punj |first=Shweta |date=2011-08-30 |title=The country head of HSBC was the first woman to enter the male bastion of investment banking |url=https://www.businesstoday.in/magazine/special/story/most-powerful-women-in-business-2011-naina-lal-kidwai-21048-2011-08-30 |access-date=2024-11-14 |website=Business Today |language=en |archive-date=2 October 2024 |archive-url=https://web.archive.org/web/20241002150821/https://www.businesstoday.in/magazine/special/story/most-powerful-women-in-business-2011-naina-lal-kidwai-21048-2011-08-30 |url-status=live }}</ref> She entered the banking industry when she joined [[ANZ Grindlays]], where she worked from 1982 to 1994.<ref name=":1" /> From 1994 to 2002, Kidwai worked in [[Morgan Stanley]] India, where, in 1997, she was also made the head of [[investment banking]].<ref name=":1" />
She is independent director of Nayara Energy Limited ( Formerly Essar Oil Limited )


===Career highlights===
In 2002, she joined HSBC Securities and Capital Markets and her during time at the company, Kidwai became HSBC Securities and Capital Market's vice-chairman, managing director, and head of investment banking in India, and retired in 2015.<ref name=":1" /> She also oversaw other HSBC India businesses, including [[insurance]], [[asset management]], [[Security (finance)|securities]] and [[Capital market|capital markets]], [[software development]] and global service centres.<ref>{{Cite news |last=TNN |date=2010-08-10 |title=Naina Kidwai on HSBC's A-Pac board |url=https://timesofindia.indiatimes.com/business/india-business/naina-kidwai-on-hsbcs-a-pac-board/articleshow/6284527.cms |access-date=2024-11-14 |work=The Times of India |issn=0971-8257}}</ref>
Kidwai serves as a Group General Manager of HSBC Holdings Plc since 1 October 2006. She also serves as the Chief Executive Officer of HSBC India of HSBC Holdings Plc since 5 May 2006. Since 15 April 2009, Kidwai also served as the Country Head of HSBC India. She also served as the Head of Corporate & Custodial Services of HSBC Bank.  Kidwai also served as the Group General Manager of HSBC India until 15 April 2009. Kidwai also served as the Deputy Chief Executive Officer of HSBC Holdings Plc since 21 May 2004.  Besides, she also served as Managing Director of HSBC Securities and Capital Markets India. She has also served as Deputy Chief Executive Officer of HSBC from November 2002 to 5 May 2006.<ref>[https://web.archive.org/web/20121020001717/http://www.stockmarketdigital.com/ceo_profiles/indias-top-bankers CEO Profiles, India's top Bankers - Naina Lal Kidwai]</ref>


==Personal life==
She has also been the Chairman of Max Financial Services.<ref>{{Cite web |last=BS Reporters |date=16 January 2016 |title=Max India wraps up three-way demerger |url=https://www.business-standard.com/article/companies/max-india-wraps-up-three-way-demerger-116011600027_1.html |access-date=16 November 2024 |website=Business Standard |archive-date=16 June 2023 |archive-url=https://web.archive.org/web/20230616142725/https://www.business-standard.com/article/companies/max-india-wraps-up-three-way-demerger-116011600027_1.html |url-status=live }}</ref> Her other positions include being a non-executive director on the board of [[Nestle]] SA and Altico Capital Partners, chairwoman, City of London's Advisory Council for India, Global Advisor, Harvard Business School.<ref>{{Cite web |last=Gupta |first=Bhawna |date=30 September 2015 |title=Naina Lal Kidwai to step down as HSBC India head |url=https://www.vccircle.com/naina-lal-kidwai-step-down-hsbc-india-head |access-date=2024-11-17 |website=VCCircle |language=en-US}}</ref><ref>{{Cite web |last= |first= |date=2013-02-11 |title=Naina Lal Kidwai |url=https://blog.ficci.com/naina-lal-kidwai |access-date=2024-11-17 |website=FICCI Blog |language=en-US}}</ref><ref name=":4">{{Cite web |title=Members of the Global Commission, Naina Lal Kidwai |url=https://newclimateeconomy.net/content/naina-lal-kidwai#:~:text=Naina%20Lal%20Kidwai%20is%20Chairman,Chambers%20of%20Commerce%20&%20Industry). |access-date=2024-11-17 |website=New Climate Economy |archive-date=21 June 2024 |archive-url=https://web.archive.org/web/20240621174726/https://newclimateeconomy.net/content/naina-lal-kidwai#:~:text=Naina%20Lal%20Kidwai%20is%20Chairman,Chambers%20of%20Commerce%20&%20Industry). |url-status=live }}</ref> She is on the Governing Board of NCAER, Audit Advisory Board of the [[Comptroller and Auditor General of India]], and on the National Executive Committee of [[Confederation of Indian Industries|CII]] and FICCI. She is an independent director of [[Nayara Energy]] (Formerly Essar Oil Limited) and [[Biocon]].<ref name=":4" /><ref>{{Cite web |title=Naina Lal Kidwai - Independent and Non-Executive Director |url=https://www.biocon.com/about-us/board-of-directors-biocon/naina-lal-kidwai/ |access-date=2024-11-17 |website=Biocon |language=en-US |archive-date=21 July 2024 |archive-url=https://web.archive.org/web/20240721163153/https://www.biocon.com/about-us/board-of-directors-biocon/naina-lal-kidwai/ |url-status=live }}</ref>
Naina Lall Kidwai was born into a Hindu family of the [[Punjabi people|Punjabi]] [[Khatri]] community, the daughter of Surinder Lall, the CEO of an insurance company. Kidwai's mother was the daughter of [[Karamchand Thapar]], founder of the [[Thapar Group]] and sister of [[Lalit Mohan Thapar]]. The Thapar group was one of India's most prominent conglomerates, comprising [[Thapar Group|JCT]], [[BILT]], [[Crompton Greaves]], [[Avantha Group|Avantha]], [[Oriental Bank of Commerce]], [[The Pioneer (newspaper)|The Pioneer]] newspaper, etc. Kidwai has one sister, Nonita Lall Qureshi, who is a former amateur golf champion and is married to [[Pakistan]]i golf champion Faisal Qureshi. Naina Lall Kidwai is married to Rashid Kidwai who runs an NGO named Grassroot Trading Network for Women. They have one daughter, Kemaya Naina. Her husband also has a son from his previous marriage.


Kidwai has repeatedly ranked in the [[Fortune Global 500|Fortune global list]] of Top Women in Business, 12th in the Wall Street Journal 2006 Global Listing of Women to Watch ad listed by [[Time Magazine]] as one of their 15 Global Influentials 2002.<ref>[https://web.archive.org/web/20130421162416/http://articles.timesofindia.indiatimes.com/2002-11-25/india-business/27293618_1_naina-lal-kidwai-hsbc-shanghai-banking-corporation Naina Kidwai named among world's top business influentials - Times Of India]</ref> Kidwai's interests include microfinance and livelihood creation for rural women and environment. She also supports the world's largest youth driven organization - [[AIESEC]] as a National Advisory Board Member to AIESEC India. Kidwai reveals that she listens to "all music except heavy metal" and claims to be a nature lover who loves to go on trekking tours to the Himalayas.
Kidwai served as the President of [[Federation of Indian Chambers of Commerce & Industry]] (FICCI).<ref name=":3">{{Cite web |last=Our Bureau |date=2012-12-16 |title=Naina Lal Kidwai is first woman president of FICCI |url=https://www.thehindubusinessline.com/economy/Naina-Lal-Kidwai-is-first-woman-president-of-FICCI/article20540811.ece |url-access=subscription |access-date=2024-11-14 |website=BusinessLine |language=en}}</ref> Elected in 2012, she was the first woman to be elected as the FICCI president.<ref name=":3" /> Kidwai has also been a Senior Adviser to [[Rothschild & Co]] in India.<ref name=":0">{{Cite web |last=Mukherjee |first=Udayan |date=2022-10-17 |title=Independent directors are not investigators, Naina Lal Kidwai tells Udayan Mukherjee |url=https://www.businesstoday.in/magazine/interview/story/independent-directors-are-not-investigators-naina-lal-kidwai-tells-udayan-mukherjee-350095-2022-10-17 |access-date=2024-11-13 |website=Business Today |language=en |archive-date=8 December 2022 |archive-url=https://web.archive.org/web/20221208224902/https://www.businesstoday.in/magazine/interview/story/independent-directors-are-not-investigators-naina-lal-kidwai-tells-udayan-mukherjee-350095-2022-10-17 |url-status=live }}</ref> She is a National Advisory Board Member to [[AIESEC]] India. She is also on the [[Advisory board|Board of Advisors]] of [[I.I.M.U.N.|India's International Movement to Unite Nations]] (I.I.M.U.N.).<ref>{{Cite web|title=I.I.M.U.N. {{!}}{{!}} Board of Advisors|url=https://new.iimun.in/pages/BoA.html|access-date=2021-07-17|website=new.iimun.in|archive-date=17 July 2021|archive-url=https://web.archive.org/web/20210717042250/https://new.iimun.in/pages/BoA.html|url-status=dead}}</ref> In 2025, Kidwai was appointed as an advisor at [[Lightspeed Venture Partners]], a [[venture capital]] firm.<ref>{{Cite web |last=Sanjay |first=Tarunya |date=1 March 2025 |title=Veteran banker Naina Lal Kidwai joins Lightspeed India as Venture Advisor |url=https://www.outlookbusiness.com/news/veteran-banker-naina-lal-kidwai-joins-lightspeed-india-as-venture-advisor |access-date=19 May 2025 |website=Outlook Business}}</ref><ref>{{Cite web |title=Naina Lal Kidwai |url=https://lsvp.com/team-member/naina-lal-kidwai/ |access-date=2025-05-19 |website=Lightspeed Venture Partners |language=en}}</ref>


==Awards==
==Recognition==
For her praiseworthy work, Kidwai has also secured many accolades. Kidwai has secured the distinguished [[Padma Shri]] award for her contributions in the areas of trade and industry.<ref name="Padma Awards">{{cite web | url=http://mha.nic.in/sites/upload_files/mha/files/LST-PDAWD-2013.pdf | title=Padma Awards | publisher=Ministry of Home Affairs, Government of India | date=2015 | access-date=July 21, 2015}}</ref> She has also received ALL Ladies League's Delhi Women of the Decade Achievers Award 2013 for Excellence in Banking.<ref>{{cite news|title=Delhi CM and Outstanding Women Achievers Honored by ALL LADIES LEAGUE
Kidwai received the [[Padma Shri]] in 2007 for her contributions in the areas of trade and industry.<ref name="Padma Awards">{{cite web | url=http://mha.nic.in/sites/upload_files/mha/files/LST-PDAWD-2013.pdf | title=Padma Awards | publisher=Ministry of Home Affairs, Government of India | date=2015 | access-date=21 July 2015 | archive-date=15 October 2015 | archive-url=https://web.archive.org/web/20151015193758/http://mha.nic.in/sites/upload_files/mha/files/LST-PDAWD-2013.pdf | url-status=live }}</ref> She also received the All Ladies League's Delhi Women of the Decade Achievers Award 2013 for Excellence in Banking.<ref>{{cite news|title=Delhi CM and Outstanding Women Achievers Honored by ALL LADIES LEAGUE|url=https://www.wef.org.in/delhi-cm-and-outstanding-women-achievers-honored-by-all-ladies-league/|work=Women Economic Forum|date=23 July 2013|access-date=7 December 2019|archive-date=7 December 2019|archive-url=https://web.archive.org/web/20191207122117/https://www.wef.org.in/delhi-cm-and-outstanding-women-achievers-honored-by-all-ladies-league/|url-status=live}}</ref> Kidwai has repeatedly ranked in the [[Fortune Global 500|Fortune global list]] of Top Women in Business. She was 12th in the Wall Street Journal 2006 Global Listing of Women to Watch and was listed by [[Time Magazine]] as one of their 15 Global Influentials 2002.<ref>{{Cite web|url=http://articles.timesofindia.indiatimes.com/2002-11-25/india-business/27293618_1_naina-lal-kidwai-hsbc-shanghai-banking-corporation |archive-url=https://web.archive.org/web/20130421162416/http://articles.timesofindia.indiatimes.com/2002-11-25/india-business/27293618_1_naina-lal-kidwai-hsbc-shanghai-banking-corporation |archive-date=2013-04-21 |title=Naina Kidwai named among world's top business influentials |website=The Times of India|date=21 April 2013}}</ref>
|url=https://www.wef.org.in/delhi-cm-and-outstanding-women-achievers-honored-by-all-ladies-league/|work=Women Economic Forum|date=23 July 2013}}</ref>


Currently, she is also on the [[Advisory board|Board of Advisors]] of [[I.I.M.U.N.|India's International Movement to Unite Nations (I.I.M.U.N.)]].<ref>{{Cite web|title=I.I.M.U.N. {{!}}{{!}} Board of Advisors|url=https://new.iimun.in/pages/BoA.html|access-date=2021-07-17|website=new.iimun.in}}</ref>
== Personal life ==
Kidwai is the second wife of Rashid Kidwai, who runs an [[Non-governmental organization|NGO]] named Grassroot Trading Network for Women.<ref>{{Cite web |last=Prasannarajan |first=S |date=2007-03-26 |title=India Today Power List 2007: India's 50 most powerful people |url=https://www.indiatoday.in/magazine/cover-story/story/20070326-india-today-50-power-people-of-india2007-748901-2007-03-25 |access-date=2024-11-13 |website=India Today |language=en}}</ref> They have one daughter together, Kemaya Kidwai.<ref>{{Cite web |last=Sentinel Digital Desk |first= |date=2021-06-08 |title=Former Executive of ITC Rashid Kidwai Passes Away due to Post COVID Ailments |url=https://www.sentinelassam.com/cities/guwahati-city/former-executive-of-itc-rashid-kidwai-passes-away-due-to-post-covid-ailments-541926 |access-date=2024-11-13 |website=Sentinel Assam |language=en}}</ref> Rashid Kidwai also has a son from his previous marriage.<ref>{{Cite web |last=Sunny |first=Shashi |date=2015-05-24 |title=Wonder women |url=https://www.deccanchronicle.com/150524/commentary-sunday-chronicle/article/wonder-women |access-date=2024-11-13 |website=Deccan Chronicle |language=en |archive-date=24 February 2016 |archive-url=https://web.archive.org/web/20160224065310/http://www.deccanchronicle.com/150524/commentary-sunday-chronicle/article/wonder-women |url-status=live }}</ref> Kidwai reveals in an interview that she listens to "all music except heavy metal" and claims to be a nature lover who loves to go on trekking tours to the Himalayas.


==References==
==References==
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==External links==
==External links==
{{commons category|Naina Lal Kidwai}}
{{commons category|Naina Lal Kidwai}}
* [http://www.business-standard.com/india/news/hsbc-expects-to-close-rbs-deal-in-3-4-months-/466087/  Business Standard - HSBC expects to close RBS deal in 3-4 months says Naina Lal Kidwai, country head of HSBC in India and director, HSBC Asia-Pacific]
* [http://www.business-standard.com/india/news/hsbc-expects-to-close-rbs-deal-in-3-4-months-/466087/  Business Standard – HSBC expects to close RBS deal in 3-4 months says Naina Lal Kidwai, country head of HSBC in India and director, HSBC Asia-Pacific]


{{Padma Shri Award Recipients in Trade & Industry}}
{{Padma Shri Award Recipients in Trade & Industry}}
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[[Category:Harvard Business School alumni]]
[[Category:Harvard Business School alumni]]
[[Category:Lady Shri Ram College alumni]]
[[Category:Lady Shri Ram College alumni]]
[[Category:Indian accountants]]
[[Category:1957 births]]
[[Category:1957 births]]
[[Category:Recipients of the Padma Shri in trade and industry]]
[[Category:Recipients of the Padma Shri in trade and industry]]

Latest revision as of 06:38, 1 March 2026

Naina Lal Kidwai
Kidwai in 2014
Born (1957-04-14) April 14, 1957 (age 69)[1]
Delhi, India
Alma materUniversity of Delhi (BA)
Harvard Business School (MBA)
OccupationBanker
Years active1982 – present
TitleEx-CEO and Country Head of HSBC India[2][3]
Spouse(s)Rashid K. Kidwai
FamilyThapar family

Naina Lal Kidwai (born 14 April 1957) is an Indian banker and business executive.[4] She was a Group General Manager and the Country Head of HSBC India.[5][6][7] She is also a former President of the Federation of Indian Chambers of Commerce and Industry (FICCI).[8] She was the first woman appointed on this post.

In 2007, Kidwai received the Padma Shri, India's fourth-highest civilian award.[9]

Early life and background[edit | edit source]

Naina Lall Kidwai was born into a Punjabi family on 14 April 1957.[10] Kidwai's father, Surinder Lall, was the CEO of an insurance company.[11] Kidwai's mother was the daughter of Karamchand Thapar, founder of the Thapar Group of companies.[12] Kidwai has one sister, Nonita Lall Qureshi, a golfer and an Arjuna Award winner in 1989, who is married to Pakistani golf champion Faisal Qureshi.[13][14]

Education[edit | edit source]

Kidwai holds a bachelor's degree in economics from Lady Shri Ram College for Women, a woman's college in University of Delhi, and belongs to the batch of 1977.[15] Funded by her mother's wealthy family, the Thapar family, she then went to Harvard Business School (HBS) to do a Master of Business Administration (MBA), and graduated in 1982.[15] Kidwai is also the first Indian woman to graduate from HBS.[16]

Career[edit | edit source]

Kidwai's first job was with Price Waterhouse, which later became PricewaterhouseCoopers (PwC).[17] She entered the banking industry when she joined ANZ Grindlays, where she worked from 1982 to 1994.[11] From 1994 to 2002, Kidwai worked in Morgan Stanley India, where, in 1997, she was also made the head of investment banking.[11]

In 2002, she joined HSBC Securities and Capital Markets and her during time at the company, Kidwai became HSBC Securities and Capital Market's vice-chairman, managing director, and head of investment banking in India, and retired in 2015.[11] She also oversaw other HSBC India businesses, including insurance, asset management, securities and capital markets, software development and global service centres.[18]

She has also been the Chairman of Max Financial Services.[19] Her other positions include being a non-executive director on the board of Nestle SA and Altico Capital Partners, chairwoman, City of London's Advisory Council for India, Global Advisor, Harvard Business School.[20][21][22] She is on the Governing Board of NCAER, Audit Advisory Board of the Comptroller and Auditor General of India, and on the National Executive Committee of CII and FICCI. She is an independent director of Nayara Energy (Formerly Essar Oil Limited) and Biocon.[22][23]

Kidwai served as the President of Federation of Indian Chambers of Commerce & Industry (FICCI).[24] Elected in 2012, she was the first woman to be elected as the FICCI president.[24] Kidwai has also been a Senior Adviser to Rothschild & Co in India.[25] She is a National Advisory Board Member to AIESEC India. She is also on the Board of Advisors of India's International Movement to Unite Nations (I.I.M.U.N.).[26] In 2025, Kidwai was appointed as an advisor at Lightspeed Venture Partners, a venture capital firm.[27][28]

Recognition[edit | edit source]

Kidwai received the Padma Shri in 2007 for her contributions in the areas of trade and industry.[9] She also received the All Ladies League's Delhi Women of the Decade Achievers Award 2013 for Excellence in Banking.[29] Kidwai has repeatedly ranked in the Fortune global list of Top Women in Business. She was 12th in the Wall Street Journal 2006 Global Listing of Women to Watch and was listed by Time Magazine as one of their 15 Global Influentials 2002.[30]

Personal life[edit | edit source]

Kidwai is the second wife of Rashid Kidwai, who runs an NGO named Grassroot Trading Network for Women.[31] They have one daughter together, Kemaya Kidwai.[32] Rashid Kidwai also has a son from his previous marriage.[33] Kidwai reveals in an interview that she listens to "all music except heavy metal" and claims to be a nature lover who loves to go on trekking tours to the Himalayas.

References[edit | edit source]

  1. ↑ "Business Biographies -Naina Lal Kidwai". Archived from the original on 6 March 2016. Retrieved 4 January 2012.
  2. ↑ "Businessweek Executive Profile -Naina Lal Kidwai". Retrieved 4 January 2012.{{cite web}}: CS1 maint: deprecated archival service (link)
  3. ↑ "Indian Businesswomen – Naina Lal Kidwai". Archived from the original on 5 July 2017. Retrieved 4 January 2012.
  4. ↑ "Sheila Dikshit, Shobhana Bhartia and Sharmila Tagore among women achievers honoured". India Today. 23 July 2013. Archived from the original on 7 December 2019. Retrieved 7 December 2019.
  5. ↑ "Naina Lal Kidwai – TIME". 14 December 2008. Archived from the original on 14 December 2008.
  6. ↑ "Naina Lal Kidwai to head HSBC India ops". 17 April 2009. Archived from the original on 14 October 2022. Retrieved 14 October 2022.
  7. ↑ "Archives Top and Latest News". mint. Archived from the original on 28 June 2021. Retrieved 14 October 2022.
  8. ↑ "Naina Lal Kidwai – President – FICCI blog". Archived from the original on 18 October 2022. Retrieved 22 December 2012.
  9. ↑ 9.0 9.1 "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Archived (PDF) from the original on 15 October 2015. Retrieved 21 July 2015.
  10. ↑ "Naina Lal Kidwai - 17806 Director Info". MyCorporateInfo. Archived from the original on 9 November 2021. Retrieved 17 November 2024.
  11. ↑ 11.0 11.1 11.2 11.3 Mathur, Nandita (4 May 2018). "Naina Lal Kidwai: Banking on wonder women". Mint. Archived from the original on 21 July 2024. Retrieved 14 November 2024.
  12. ↑ Das Gupta, Surajeet; Bhandari, Bhupesh (20 January 2013). "The right chemistry". Business Standard. Archived from the original on 29 February 2024. Retrieved 14 November 2024.
  13. ↑ "Indian golf ace Nonita Lall and Pakistani numero uno Faisal Qureshi to tie the knot". India Today. 15 April 1991. Retrieved 13 November 2024.
  14. ↑ "Golden leaf from yesteryears". Hindustan Times. 9 June 2010. Retrieved 14 November 2024.
  15. ↑ 15.0 15.1 "Naina Lal Kidwai". Harvard Business School. Archived from the original on 20 July 2024. Retrieved 14 November 2024.
  16. ↑ Education Desk (6 October 2024). "Who is the first Indian woman to graduate from Harvard Business School". The Indian Express. Retrieved 13 November 2024.
  17. ↑ Punj, Shweta (30 August 2011). "The country head of HSBC was the first woman to enter the male bastion of investment banking". Business Today. Archived from the original on 2 October 2024. Retrieved 14 November 2024.
  18. ↑ TNN (10 August 2010). "Naina Kidwai on HSBC's A-Pac board". The Times of India. ISSN 0971-8257. Retrieved 14 November 2024.
  19. ↑ BS Reporters (16 January 2016). "Max India wraps up three-way demerger". Business Standard. Archived from the original on 16 June 2023. Retrieved 16 November 2024.
  20. ↑ Gupta, Bhawna (30 September 2015). "Naina Lal Kidwai to step down as HSBC India head". VCCircle. Retrieved 17 November 2024.
  21. ↑ "Naina Lal Kidwai". FICCI Blog. 11 February 2013. Retrieved 17 November 2024.
  22. ↑ 22.0 22.1 "Members of the Global Commission, Naina Lal Kidwai". New Climate Economy. Archived from the original on 21 June 2024. Retrieved 17 November 2024.
  23. ↑ "Naina Lal Kidwai - Independent and Non-Executive Director". Biocon. Archived from the original on 21 July 2024. Retrieved 17 November 2024.
  24. ↑ 24.0 24.1 Our Bureau (16 December 2012). "Naina Lal Kidwai is first woman president of FICCI". BusinessLine. Retrieved 14 November 2024.
  25. ↑ Mukherjee, Udayan (17 October 2022). "Independent directors are not investigators, Naina Lal Kidwai tells Udayan Mukherjee". Business Today. Archived from the original on 8 December 2022. Retrieved 13 November 2024.
  26. ↑ "I.I.M.U.N. || Board of Advisors". new.iimun.in. Archived from the original on 17 July 2021. Retrieved 17 July 2021.
  27. ↑ Sanjay, Tarunya (1 March 2025). "Veteran banker Naina Lal Kidwai joins Lightspeed India as Venture Advisor". Outlook Business. Retrieved 19 May 2025.
  28. ↑ "Naina Lal Kidwai". Lightspeed Venture Partners. Retrieved 19 May 2025.
  29. ↑ "Delhi CM and Outstanding Women Achievers Honored by ALL LADIES LEAGUE". Women Economic Forum. 23 July 2013. Archived from the original on 7 December 2019. Retrieved 7 December 2019.
  30. ↑ "Naina Kidwai named among world's top business influentials". The Times of India. 21 April 2013. Archived from the original on 21 April 2013.
  31. ↑ Prasannarajan, S (26 March 2007). "India Today Power List 2007: India's 50 most powerful people". India Today. Retrieved 13 November 2024.
  32. ↑ Sentinel Digital Desk (8 June 2021). "Former Executive of ITC Rashid Kidwai Passes Away due to Post COVID Ailments". Sentinel Assam. Retrieved 13 November 2024.
  33. ↑ Sunny, Shashi (24 May 2015). "Wonder women". Deccan Chronicle. Archived from the original on 24 February 2016. Retrieved 13 November 2024.

External links[edit | edit source]

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