On June 4, 2020 Kiran Mazumdar-Shaw(67 years old), Executive Chairperson of India-based Biocon Limited was named as EY World Entrepreneur Of The Year 2020 for her contribution to improve access to affordable life-saving medicine & transform the world in one of its kind virtual entrepreneurship award ceremony. She became the 3rd Indian to win this award, after Uday Kotak of Kotak Mahindra Bank (2014) and Narayana Murthy of Infosys Technologies Limited (2005)
- Kiran Mazumdar-Shaw became the 2nd woman to hold the title, following Olivia Lum of Hyflux Limited from Singapore in 2011.
- She was chosen for this title among 46 entrepreneurs from 41 countries.
Gist about Kiran Mazumdar-Shaw:
i.Kiran Mazumdar-Shaw founded Biocon, a bio-enzymes company in 1978 and her firm became the 1st Indian company to export enzymes to the US and Europe.
ii.Graduation– Graduated as a Master Brewer from a brewing school in Australia and returned to India in 1975
In 2020– Healthcare & Life Sciences Award(2020), EY Entrepreneur of the Year India(2019) in February 2020
National Honours– Padma Shri (1989), Padma Bhushan (2005),
Major International Recognitions– Global Economy Prize for Business, Kiel Institute for the World Economy, Germany (2014), Order of Australia, Australia’s Highest Civilian Honour (2020),
Some Global Rankings:
- 1st & only Self-Made Woman Billionaire from India; Ranked No. 22 by Forbes on world list (2017)
- Ranked as one of the world’s top 20 inspirational leaders in the field of biopharmaceuticals (2020) in the Medicine Maker Power List
About EY Entrepreneur Of The Year:
EY World Entrepreneur Of The Year honors the innovative business leaders who have unstoppable vision and stop at nothing to achieve their ambition to make a difference. It celebrates entrepreneurs with regional and national award programs in more than 145 cities in over 60 countries.
It may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. The 28 regions of EY are grouped under three geographic Areas: Americas; Europe, Middle East, India and Africa(EMEIA); and Asia-Pacific.
EY Global Chairman and CEO– Carmine Di Sibio
Headquarters– Bangalore, India