Vijayakumar’s salary was last reported to be $16.52 mn in FY22, which he received after getting a two-year long-term incentive . This made C Vijayakumar the highest-paid Indian CEO among those working in Indian IT firms, as reported on July 26, 2022. What your skills are worth in the job market is constantly changing. Ranked among the top B-schools of the UK, Liverpool Business School provides a 20-month MBA Finance course online, including a one-week immersion program at the university campus.
You can pick any one of the above roles and focus on pursuing them. You might have noticed that a lot of these roles require high-level expertise and experience. Apart from monitoring and mitigating the financial risks of an organization, they also manage public matters to make sure that the company’s reputation stays unscathed.
His salary was registered at Rs 15.39 crore in FY22, which dropped nearly by 5% from what it was in the previous fiscal. When a department wants to take a new initiative or implementation, which requires executive budget approval, the chief compliance officer makes the necessary decision of whether to approve or not. They ensure that their company’s operations follow all the rules, regulations, and laws. A chief compliance officer assesses the risks related to the product, compliance, and operation. They also create risk mitigation strategies for their organization and conduct internal reviews regularly. They are responsible for the operations and finances within an organization.
They act as independent reviewers for company misconduct and similar matters. Usually, a CPA reviews the company’s financial data and prepare detailed reports and documentation highlighting important information on the company’s taxes, finances, and audits. Average pay of an investment banker in India is INR 9.66 lakh per annum. Freshers in this field can expect to earn around INR 2.48 lakh per year. As they gain more experience and skills, the pay also increases substantially.
- An early career Chief Executive Officer with 1-4 years of experience earns an average total compensation of ₹983,641 based on 195 salaries.
- The company has also achieved the distinction of becoming the largest private-sector employer in India under his guidance.
- The man is serving as the Managing Director and CEO of Tata Consultancy Services since 2017.
- Average pay of an investment banker in India is INR 9.66 lakh per annum.
They ensure that the company’s profits remain a priority while following all the regulations. A CRO checks and analyzes potential risks related to the company’s credit, investments, and financial assets. Apart from these tasks, a CPA’s tasks and responsibilities largely depend on their employer and the industry they work in. For example, you might work in a small accounting firm and assist multiple clients with their accounting needs.
He is a Harvard MBA and the president of the Harvard Business School in India. Vivek is also a Non-Executive Independent Director of Philips India Ltd, a post he has held since 28 March, 2014. Vivek Gambhir’s salary was more than Rs 20 crore in FY19, making him the highest paid FMCG executive that year. Marico Limited is a multinational consumer goods company from India and Saugata Gupta has been serving as the CEO of the Marico since 2013. Saugata is one of the prime faces that is responsible for the company’s success both in India and Internationally. Gupta’s salary grew by a whooping 157% from Rs 14.02 crore to become Rs 36.1 crore in FY22.
Apart from M&A, they help companies with financial planning and analysis. Mohit Malhotra took the charge of CEO in 2019 and is working tirelessly to bring the company to the peak of success since then. Malhotra received Rs 14.60 crore as his salary in FY22, which mounted by 42.85% from the Rs 10.22 crore in remuneration he received in FY21. A chief compliance officer creates and revises all the company policies to outline safe, ethical, and effective procedures. They review their organization’s codes of personal conduct to avoid any compliance issues and ensure the organization adheres to all the rules and regulations. In case any compliance issue arises, the chief compliance officer would investigate the matter with the department in question.
Salary: INR 1.5 Crore (FY Company: APSEZ
Parag Agrawal – CEO of Twitter | Top CEO salary in IndiaWith a love of Mathematics, cars and computers, Parag Agrawal joins the top CEOs club that shares an Indian origin. Agrawal was recenty promoted to the position of the CEO of Twitter on November 29, 2021, replacing Jack Dorsey, who stepped down. Varun Berry became the CEO of Britannia, a name that is common in almost every Indian household in 2014. He joined Britannia in 2013, with a whooping 27 years of work experience gathered while he worked with some of the greatest companies both nationally and internationally. Currently, Varun Berry has been doing a fine job by being the managing director and CEO of Britannia. Berry’s salary has witnessed a jump from Rs 10.52 crore in FY21 to become Rs 11.47 crore in FY22.
Natarajan Chandrasekaran – CEO, Tata Group | Top CEO salary in IndiaEven though he’s a former CEO, his name has to be on this list in order to demonstrate what a true Chief X Officer is! Voted as the ‘Best CEO’ for five consecutive years by the Institutional Investor’s Annual All-Asia Executive Team rankings, ‘Best CEO’ for the second consecutive year in 2014 by Business chief investment officer salary in india Today. N. Chandrasekaran, the current chairman of the TATA group was the CEO of Tata Consultancy Services, in addition to being the Chairman of Tata Motors and Tata Global Beverages. C Vijayakumar joined the global technology company, HCL Technologies in 1994 and become the CEO after over two decades in 2016 and started working on taking the company to soaring heights.
CEO of Tech Mahindra – C P Gurnani SalaryThe MD and CEO of Tech Mahindra spearheaded the aggregation of Mahindra Satyam with Tech Mahindra. C P Gurnani has been a part of many big shots such as HCL Corporation and Petrot Systems. He was the E&Y ‘Entrepreneur of the Year’, and CNBC Asia’s ‘India Business Leader of the Year’ in 2013. C P Gurnani’s earnings were recorded at around Rs 165 crore on occasions more than one. The salary of C P Gurnani was last posted at Rs 63.4 crore after he received a 189% hike in his compensation in FY22.
Salary: INR 3 Crore (FY Company: Sun Pharma
On the other hand, you might work with a large enterprise and overview of their financial reporting and auditing duties. One of the primary responsibilities of an investment banker is to analyze a company’s requirements and goals and they usually do so through the retainer. Companies provide all of their financial information to the investment banker to assist them. It can get pretty confusing for someone to choose one particular role, but guess what, one of the best metrics to choose a role is the salary. Kamal is an experienced Online marketing consultant with a high degree of expertise in SEO, Web Analytics, Content/Technical planning and marketing. StartupTalky is top startup media platform for latest startup news, ideas, industry research and reports, inspiring startup stories.
TCS CEO, Rajesh Gopinathan was reported to have earned Rs 25.75 crore for FY22. Sanjiv Bajaj – CEO, Bajaj Finserv | Highest paid CEO in IndiaITC Limited is an Indian multinational conglomerate company that specialises in Hotels, infotech, agribusiness, and FMCG. Sanjiv Puri has taken the charge of being the CEO of ITC Limited in 2015, and has been working as the same since then. His salary was last registered at Rs 11.95 crore in FY21, which rose to become Rs 12.59 in FY22. Kalanithi Maran – CEO, Sun Group | Highest paid CEO in IndiaKalanithi Maran founded Sun Group in the year 1993, a media conglomerate company, the headquarters are in Chennai, India. The organization consists of 48 FM Radio stations two newspapers, five magazines, one DTH satellite service, and an IPL franchise.
C Vijayakumar is the highest paid Indian CEO who is working in an Indian IT firm, HCL Technologies, after he received a salary of Rs 130+ crore in FY22. Prakash Sahu was appointed as the Chief executive Officer of Hindustan Motors, an Indian automotive manufacturer in the year 2021 and has been giving his 100% to take the company to the top. It is also said to be the second-largest commercial vehicle manufacturer in India. The Alumni of IIM Ahmedabad has received a salary of INR 10.7 Crore in FY21. Vivek Gambhir – CEO and MD of Godrej | Top CEO salary in IndiaVivek Gambhir is the CEO and MD of Godrej Consumer Products Ltd since May, 2017. Apart from this, Vivek is a founding member of Bain’s consulting operations in India.
With more than 25 years of experience under his belt, Mohit is counted among India’s finest architects and an entrepreneur by passion. Mohit Gujral DLF CEO’s salary has been reported to be Rs 15.20 crore in FY21. Rajesh Gopinathan – CEO, TCS | Highest paid CEOs in IndiaRajesh Gopinathan is said to be one of the youngest CEO of Tata Group. The man is serving as the Managing Director and CEO of Tata Consultancy Services since 2017.
Salary: INR 28 Crore (FY Company: Bajaj Finserv
How much you can make in a role is certainly an excellent metric to determine whether it’s suitable for you or not. To help you with your decision, we have prepared the following article detailing the average finance salary in India according to various prominent jobs. An early career Chief Executive Officer with 1-4 years of experience earns an average total compensation of ₹983,641 based on 195 salaries.
Median pay of a chief compliance officer in India is INR 33 lakh per annum. A new chief compliance officer earns around INR 8.17 lakh per annum while a more experienced and skilled professional in this role can earn up to INR 1 crore per annum. Average salary of a chief risk officer in India is INR 14 lakh per annum.
Salary: INR 36.1 Crore (FY Company: Marico Limited
Portfolio managers advise their clients and help them with developing investment goals. They might work as client-based advisors for both businesses and individual clients. Most of the portfolio managers working in large financial enterprises analyze the company’s risk and also manage their financial products/investments like mutual funds, equity bonds, etc. However, as they gain more experience and skills, their package can increase up to INR 20 lakh per annum.
A mid-career Chief Executive Officer with 5-9 years of experience earns an average total compensation of ₹1,437,731 based on 143 salaries. He is an Indian businessman and is also considered to be one of India’s richest person, Dilip Shangvi is the founder and the current CEO of Sun Pharmaceuticals. Not only that, in 2017 he was ranked 8th by India Today magazine on India’s Most Powerful People 2017. He has contributed to the pharmaceutical industry immensely for which the Government of India honoured him with Padma Shri in 2016. Sanghvi drew a salary of Re 1 during FY18-19, which made him one of the lowest-paid CEOs in the pharmaceutical industry.
Besides, Salil Parekh’s term was also extended by the company till 2027, along with a hike in his package, which has now become Rs 79.75 crore. Thierry Delaporte – CEO ad MD of WiproThierry Delaporte is the CEO and MD of Wipro Ltd. The Bangalore-headquartered Indian multinational conglomerate stands as one of the top IT firms in India today.
Salary: INR 27.17 Crore (FY Company: L&T
The Harvard Business School Graduate took the charge of the CEO of the company since 2008. He also got place in list of India Today’s Top 50 Power People in 2019. Sanjiv Bajaj’s salary in the fiscal year 2020 was reported to be at INR 28 Crore. Rajiv Bajaj – CEO, Bajaj Auto | Highest paid CEO in IndiaRajiv Bajaj took the position of CEO of the Bajaj Auto in 2005. He was re-appointed as the MD and CEO of the famous motorcycle manufacturing company of India in 2020.
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