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PEOPLE
Know Your Kims
Nearly a quarter of the South
Korean population has this last name. So it's not surprising that the CEOs
of four South Korean consumer durable companies answer to the appellation
of 'Kim'. As this can be quite confusing for those whose exposure to Kim
is limited to Rudyard Kipling, we paid them all a visit. The first, Young-Chang
Kim, 52, heads the troubled Daewoo Motors India. The chain-smoking MBA
from Wharton has been in the country for five years now. '' I have been 85
per cent indigenised,'' he smiles. The finance man is now focusing on
marketing-and on the fight ahead. Then, we met K.S. Kim, 50,
Samsung India's head, in India since September 1998. The avid golfer tries
to spend time with his wife and two sons, also living in the country. His
ambition is to change Samsung's orientation from a product-driven to
market-driven company. ''We can do it,'' he says. Hyundai Motors India's
Managing Director Yang Soo Kim, 57, is up
next. The diminutive Kim
earned his spurs while spearheading Hyundai's interactions with the
government, from day one. A remarkable feat considering his passable
command over English. A shop-floor man, he is actively involved in
marketing, as well.
Finally, there's
Kwang-Ro Kim, the 46-year-old
managing director of LG Electronics India. In India since 1997, his is
perhaps the best English among the four. No wonder then that despite a
back problem, he spends at least three days a week in the field.
P.S.: According to kabalarians.com,
''Your name of Kim contains many fine qualities-musical and artistic
ability... and a good business judgement.'' Oh well.
Pepsi Checks In
The star of Pepsi's latest TV
spot isn't, alas, the pretty lass...it's Jaggu, the chimp.
Otherwise known as Sam, the chimp hails from East London, a river port
situated on the mouth of the Buffalo River in South Africa. Not
surprisingly, the film was shot in Cape Town; and co-actor Preity Z looks
comfortable enough. Does this mean we're going to see a spate of
animal-centric ads? Over to Maneka Gandhi.
Deal Makers
He collects matchboxes with
the same penchant as he does deals. Munesh Khanna--Partner and Head
of Global Corporate Finance for Arthur Andersen-has worked on mega-deals
like Tata Tetley, Arvind Mills to ICICI, GVK Hotels to Indian Hotels, Tata
Power's bid for PowerGen...and more. Now, with the acquisition of Ind
Global Financial Trust, Khanna will be able to offer the entire package
for a deal. Says Khanna, who has 5,500 matchboxes from across the world:
''With this deal, our corporate finance division is different from other
consulting firms. It's more like an investment bank.'' Part of the package
is R. Sankaran, the 52-year-old Chairman of Ind Global Finance
Trust, who sold out his investment banking business to Arthur Andersen.
Sankaran, a consummate deal-maker in his own right, will now be the CEO of
the re-christened Ind Global Corporate Finance. The former head of
Standard Chartered Bank's merchant banking operations between 1986 and
1989 is remembered for his sublime breakfast diplomacy skills while
breaking into South Indian markets. He says, enthusiastically: ''With my
local relationships and AA's ability to bring cross-border clients, we
would be able to do deals in the range of $100 million to $300 million.''
Let the deal-making begin.
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