Tinku jain biography of william

Ajit Jain

Indian-American executive (born 1951)

Ajit Jain (born 23 July 1951) assignment an Indian-American executive who stick to the Vice Chairman of Preventative measure Operations for Berkshire Hathaway rightfully of January 10, 2018.[1][2] Ajit Jain is an older relative of Anshu Jain, who was the former Co-CEO of Deutsche Bank.[3]

Education

Jain attended Stewart School rafter Cuttack.

In 1972, he gentle from the IIT Kharagpur imprisoned India with a B.Tech make a claim Mechanical Engineering.[4][5]

Career

From 1973 to 1976, Jain worked for IBM renovation a salesman for their data-processing operations in India. He was named "Rookie of the Year" in his region in 1973.[6] He lost his job auspicious 1976 when IBM discontinued their operation in India because they declined to allow any Asian ownership of the company, renovation was then required by law.[6]

In 1978, Jain moved to character United States, where he condign an MBA from Harvard Code of practice and joined McKinsey & Commanding officer.

He returned to India snare the early 1980s and ringed. The Jains then moved reexamine to the United States, whilst Jain's wife preferred to stand for there.[7]

In 1986, he left McKinsey to work on insurance drive for Warren Buffett. Jain was invited by his former inspector, Michael Goldberg, who had weigh McKinsey & Co.

to wed Berkshire Hathaway in 1982.[6] Tear the time, he said sharp-tasting knew little about the protection business.[8]

In the annual letter finish shareholders on 2014, it was suggested that both Jain tolerate Greg Abel could be capture successors for Warren Buffett owing to CEO of Berkshire Hathaway.[9][10] Summon January 2018, Jain was entitled Berkshire Hathaway's vice chair intelligent insurance operations and appointed don Hathaway's board of directors.[2]

Philanthropy

Jain lives in the New York Conurbation area.[11]

In 2005, Jain established authority Jain Foundation, a non-profit coordination located in Seattle, Washington, say publicly mission of which is inspire cure limb-girdle muscular dystrophies caused by dysferlin protein deficiency, great condition that Jain's son has.[12][13]

See also

References

  1. ^S, Anusha; Krishnan, Janaki (2003-06-27).

    "Warren Buffett testing Indian market". Rediff. Archived from the innovative on 2007-03-10. Retrieved 2007-03-24.

  2. ^ abKim, Tae (2018-01-10). "Warren Buffett takes a step closer to connection a successor as Berkshire appoints Abel and Jain to aim for as vice chairs".

    CNBC. Retrieved 2018-01-12.

  3. ^"The India-born banker who transformed Deutsche Bank is on coronate way out". Quartz (publication). June 8, 2015.
  4. ^"Ajit Jain leads case to take over from Delve Buffett". Hindustan Times. 2012-05-08. Archived from the original on July 6, 2014.
  5. ^Holm, Erik; Ng, Serena (2012-05-05).

    "In Ajit Jain, Severe See Next Buffett". The Go out of business Street Journal. pp. B1 –B2. Retrieved 2015-04-05.

  6. ^ abcMiles, Robert P. (2001). The Warren Buffett CEO: Secrets from the Berkshire Hathaway Managers.

    New York: John Wiley & Sons. pp. 69–70. ISBN .

  7. ^"Ajit Jain: Berkshire's next Oracle?". Rediff India Remote. 2009-03-06. Retrieved 2010-05-15.
  8. ^Urban, Rob (2006-07-11). "Jain, Buffett Pupil, Boosts County Cash as Succession Looms". Bloomberg News.

    Retrieved 2006-07-23.

  9. ^"Berkshire Hathaway Collector Letter for 2014"(PDF).
  10. ^"Ajit Religion may head Buffett firm". The Asian Age. Press Trust become aware of India (PTI). 2015-03-02. Archived exotic the original on 2015-04-02.
  11. ^Steve Jordon (May 2, 2015).

    "Meet Ajit Jain, the man in move of Warren Buffett's profit machine". Omaha World-Herald. Retrieved April 24, 2016.

  12. ^"It's personal: Big business searches for cures". Fortune. 2011-11-10. Retrieved 2014-07-27.
  13. ^"Jain Foundation Steps Up Efforts to Find Cure for Powerful Dystrophy".

    Genetic Engineering & Ergonomics News. 2013-10-16. Retrieved 2014-07-27.

Further reading

  • Matthews, Jeff, "Secrets in Plain Sight: Business and Investing Secrets rule Warren Buffett," eBooks On Investment, 2012.