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It was a close fight but ultimately the team from Indian School of Business (ISB) emerged winners of the first Barclays Wealth Family Business Forum on May 15, in Mumbai. Held in front of a full house at the Taj Land’s End, the competition took place between ISB, Entrepreneurship Development Institute of India (EDI) and Nirma.
The ISB team was represented by Ajay Lakhotia and Abhishek Shah, the runners-up team comprised Viten Detroja and Nemil Shah of Nirma followed by Vikrant Kishore and Ankit Chindalia from EDI. Barclays Wealth Family Business Forum is an interactive knowledge platform that helps place views, perspectives and challenges from all generations handling a business.
The forum was launched in order to engage and reach out to the next generation entrepreneurs and therefore build a strong foundation for family business management and succession planning in India. The program was structured around an inter-collegiate competition where each school was required to solve a case study. The responses were evaluated by executives at Barclays Wealth and the editorial team of Network 18.
The finalists were evaluated by a jury comprising N. Balasubramanian, Director, IIFCL; Grace Pinto, MD, Ryan Group of Institutions; Senthil Chengalvarayan, President and Editorial Director, Network 18’s Business Media and Rodney Allen, MD, Barclays Wealth Advisory.
The Forum also included an interesting panel discussion on ‘Family businesses in intergenerational transition: Opportunities and Challenges’ moderated by Senthil Chengalvarayan. The panelists comprised Deepali Geonka, Director, Welspun Retail Ltd, Devita Saraf, Executive Director, Zenith Computers and CEO of luxury technology brand, Vu, Sunita Ramnathkar, former promoter of Fem Care Pharma Ltd, Shreegopal Kabra, President, Ram Ratna Group of Industries and Satya Bansal, CEO, Barclays Wealth.

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Barclays Wealth Family Business Forum, Indian School of Business, panel discussion, Satya Bansal, Senthil Chengalvarayan