Nandini Piramal, A Successful Business Woman And Sister-In-Law Of Isha Ambani (image@Piramal Group)
While the Ambani family always stayed in the limelight, those whom Ambani’s are related to managed to escape the glitzy lights. Isha Ambani, the only daughter of the illustrious Mukesh Ambani family is married to another prominent business dynasty. Ajay Piramal, Isha’s father-in-law is a renowned pharma tycoon. His children also followed his entrepreneurial footsteps. A notable figure in the Piramal family is Nandini Piramal, Ajay’s daughter and Isha Ambani’s sister-in-law.
The Piramal daughter holds significant positions within the Piramal Group. She is member of Board of Directors, alongside her parents Ajay and Dr Swati Piramal, and her brother Anand Piramal. She is also the Executive Director of the Piramal Enterprises and the Chairperson of Piramal Pharma.
In addition to her hefty responsibility, she also oversees the Human Resources and Information Technology functions of the Piramal Group. Nandini also manages the Quality and Risk functions for Piramal Pharma. She played a crucial role in one of the largest deals of the Piramal Group in 2010 – selling its domestic formulations business to Abbott Labs for $3.8 billion (approximately Rs 31,638 crore), reported Forbes.
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She serves as an advisor to the Piramal Foundation and Piramal Sarvajal, a social venture that offers clean water to almost 750,000 people in 20 Indian states. She is deeply invested in the Piramal Foundation’s programs, including Piramal Swasthya, Piramal School of Leadership, and Piramal Sarvajal.
The Piramal Group manages Pharma, Financial Services, Real Estate (Piramal Realty), and Philanthropic efforts through the Piramal Foundation.
Nandini Piramal can be called a prodigy. She holds an impressive educational background. She earned an MBA from Stanford University Graduate School of Business, California, and a Bachelor’s Degree (Hons.) in Politics, Philosophy, and Economics from Oxford University,England Before pursuing her MBA, she worked as a Business Analyst at McKinsey & Company. She joined the family business in 2006.
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In 2009, she got married to Peter DeYoung. It was a Christian wedding and was held at Rambagh Palace in Jaipur. He serves as the CEO of Piramal Global Pharma and is an Executive Director at Piramal Pharma. Like Nandini, Peter is a Stanford University alum, having earned an MBA as an Arjay Miller scholar. He also holds a Bachelor of Science Degree in Engineering from Princeton University and has experience working at McKinsey & Company in New York and Mumbai. The pair has a daughter and a son.
Nandini Piramal’s net worth is not publicly disclosed. However, her father Ajay Piramal is among India’s wealthiest billionaires. His real-time net worth is $2.8 billion, (approximately Rs 23,307 crore). As per the annual report, the Piramal Group’s consolidated revenue for Fiscal Year 2023 is Rs 9,087 crore.
