Sri Ajay Vipin Nanavati

Biography

Sri Ajay Vipin Nanavati joined 3M in India in 1988 as its first employee where 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 various roles, across different geographies globally. In 1993 he relocated to Singapore to manage the Asia Pacific region for the telecom business and then moved to Austin in 1998 in a global role where he was responsible for launching & leading a new services diversification for the company. He then spent the next 4 years at corporate HQ in St. Paul, MN in senior strategy & new business development roles including leading the acquisition & integration of a new 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 stint the company’s revenues doubled, market cap quadrupled with significant investments in local manufacturing & setting up of a major R&D center. Immediately prior to his retirement he was Director, Global Channel Services & US Atlantic Pacific Operations back in St. Paul and Director, Asia Pacific & Greater China Region responsible for accelerating 3M’s growth in the Region. He is currently on the board of Alicon Ltd. Additionally he is an active innovation evangelist on various forums, mentors start-ups/SME’s and an angel investor. He is the co-sponsor for the CII Directors Guild on corporate governance & a member of the CII Start up council. Ajay holds a degree in Chemical Engineering from Virginia Tech., USA.

Research Interest

Accounting Economics Banking commerce