[New Delhi] CII Elects Nikhil Sawhney as Chairman and Abhimanyu Munjal as VC
Nikhil Sawhney is the Vice Chairman and Managing Director of Triveni Turbine Limited and a Director with Triveni Engineering and Industries Limited and GE Triveni Limited. whereas Abhimanyu is a third generation entrepreneur from the illustrious Hero Fame Munjal Family.
The Companies occupy leadership positions in their respective businesses of sugar manufacturing and engineered-to-order mechanical equipment spanning 14 manufacturing locations in India.
In June 2015, Nikhil was voted one of India’s forty ‘hottest’ business leaders under 40 years of age by The Economic Times, Nikhil has also been awarded the Udyog Ratna by the Institute of Economic Studies.
Nikhil has a Masters degree in Business Administration from The Wharton School, University of Pennsylvania. Nikhil resides in New Delhi with his wife Zia and their son Zahan.
Nikhil follows a principle of responsible corporate citizenry and has initiated several community initiatives including rural community-based self-help programs as well as the Sustainable Sugarcane Initiative covering 250,000 of Triveni’s sugarcane farmers. Nikhil has helped found the CII-Triveni Water Institute and is an active trustee of the Tirath Ram Shah Charitable Hospital and the Emmanuel College India Trust, as well as a Fellow of the Aspen Institute of India and the Aspen Global Leadership Network.
Abhimanyu is a third generation entrepreneur from the illustrious Munjal Family.
With over 13 years of experience in strategic leadership and people management, he has held various executive positions in the Hero Group companies, and since 2013 has been leading the Group’s diversification into Financial Services through Hero FinCorp.
Under his leadership, Hero FinCorp is today one of the fastest growing NBFCs in India and has been recognized as an ‘Employer of choice’ by a number of independent agencies and surveys. From two seats occupied in the Finance department of Hero MotoCorp in 2013, it now has over 2,500 touch points across 1,008 cities, towns and villages. The AUM has increased from INR 300 Cr. in 2013 to INR 11,000 Cr. today.
A firm believer in innovation and technology, he has also setup a VC fund, Advantedge Partners. The fund helps budding entrepreneurs become innovation leaders by providing access to thought leaders, capital and scale opportunities through the vast Hero Group eco-system. Over the last three years, the professionally managed fund has grown its fund value of US$ 3 Million and made investments in over 18 startups.
A staunch supporter of stronger ties between the Indian industry and policy makers, Abhimanyu is a regular participant and contributor to various Government initiatives and Industry bodies. He is an elected member of the state council of Delhi and Chairman of the sub-committee on Cashless Economy. This initiative, run jointly by the Delhi State Government and Confederation of Indian Industries (CII), will work with the Delhi Government on bringing financial services to the masses.
Recognizing his contribution towards Indian Industry and strong business leadership, Abhimanyu has been facilitated by the Economic Times as ‘40 under 40 business leaders’ in India.

Abhimanyu Munjal

Jt. Managing Director and CEO

Hero FinCorp

Abhimanyu is a third generation entrepreneur from the illustrious Munjal Family.

With over 13 years of experience in strategic leadership and people management, he has held various executive positions in the Hero Group companies, and since 2013 has been leading the Group’s diversification into Financial Services through Hero FinCorp.

Under his leadership, Hero FinCorp is today one of the fastest growing NBFCs in India and has been recognized as an ‘Employer of choice’ by a number of independent agencies and surveys. From two seats occupied in the Finance department of Hero MotoCorp in 2013, it now has over 2,500 touch points across 1,008 cities, towns and villages. The AUM has increased from INR 300 Cr. in 2013 to INR 11,000 Cr. today.

Ably moving forward Hero Groups belief of growth and nation building, Abhimanyu, has brought financial services to the un-banked customers with over 73% of Hero FinCorps customers being “new to credit” or first time borrowers, thus creating a deep social impact along with value for all stake-holders.

A firm believer in innovation and technology, he has also setup a VC fund, Advantedge Partners. The fund helps budding entrepreneurs become innovation leaders by providing access to thought leaders, capital and scale opportunities through the vast Hero Group eco-system. Over the last three years, the professionally managed fund has grown its fund value of US$ 3 Million and made investments in over 18 startups.

A staunch supporter of stronger ties between the Indian industry and policy makers, Abhimanyu is a regular participant and contributor to various Government initiatives and Industry bodies. He is an elected member of the state council of Delhi and Chairman of the sub-committee on Cashless Economy. This initiative, run jointly by the Delhi State Government and Confederation of Indian Industries (CII), will work with the Delhi Government on bringing financial services to the masses.

Further, he was recently invited to be part of the ‘Champions of Change’ program. Organized by Niti Aayog, this was a unique platform where handpicked business leaders held deliberations on National Policy with the Hon’ble Prime Minister and other top policy makers.

Recognizing his contribution towards Indian Industry and strong business leadership, Abhimanyu has been facilitated by the Economic Times as ‘40 under 40 business leaders’ in India.