Is Ananya the next Birla waiting in the wings?

Riding on the success of her microfinance venture and bolstered by the recent acquisition of Sachin Bansal’s Chaitanya, Kumar Mangalam’s daughter is seen as perfectly poised to take the helm at Aditya Birla Capital.

Succession planning is good for any business, especially one as large as the Aditya Birla Group. Chairman Kumar Managalam Birla seems to be doing exactly that, at least in the case of Aditya Birla Capital, the group’s financial services arm.

He is laying the groundwork for the eldest of his three children, Ananya Birla, to take over the financial services business. While work on this front started over a decade ago, it seems to have acquired a sense of urgency in recent times.

Unlike some scions who learn the ropes on the shop floor, Ananya Birla was given her own …


Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

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