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who is ajit jain

I graduated with an MBA from the Stanford Graduate School of Business in 2004. View Ajit Jain’s profile on LinkedIn, the world's largest professional community. In certain important respects, this person will do a better job than I am doing," he said in his annual company letter. Ajit has 1 job listed on their profile. Who is Ajit Jain? Buffett, on several occasions, has openly praised Ajit Jain for his ability to handle critical operations with "capacity, speed and decisiveness", and credited him for creating several billion dollar value for the Berkshire shareholders. Price Waterhouse gets 2-year ban in Satyam scam: 10 major points from 108-page Sebi order, Higher core income boosts IndusInd Bank Q3 profit 25% to Rs 936 crore. Buffett think Berkshire Hathaway would "operate best if its CEOs average well over ten years at the helm". Unsourced material may be challenged and removed. Ajit Jain, 67, was promoted to the board of directors of Berkshire Hathaway last year. About Ajit journey so far Born and brought up in Odisha, Ajit Jain, 67, is an IIT Kharagpur graduate in Mechanical Engineering. I really feel about him like I would a brother or a son", he further added. In 1978, he got into Harvard Business School from where he did his MBA and went on to work with McKinsey & Co before joining Berkshire Hathaway Insurance Group in 1986. Ajit has 6 jobs listed on their profile. Ajit Jain It’s so easy to make dumb mistakes in this business. Born in Odisha in 1951, Jain finished his graduation in mechanical engineering from Indian Institute of Technology (IIT) Kharagpur in 1972 and joined IBM the following year. He has ranked on the list of those famous people who were born on July 23, 1951.He is one of the Richest Businessperson who was born in United States.He also has a position among the list of Most popular Businessperson. Warren Buffett's star executive handles several reinsurance businesses in the billion dollar company. One thing is obvious that Buffett wants his future CEO to be motivated by passion, not money. Even after multiple conjectures that have been going on for years about the successor of legendary investor and business magnate Warren Buffett, nothing concrete has been revealed yet; but the buzz has it that Indian origin businessman Ajit Jain, who's in charge of the insurance operations in Buffett's Berkshire Hathaway (worth $87.1 billion), has emerged as a frontrunner amongst four people who have been shortlisted for the position. Born in Odisha in 1951, Jain finished his graduation in mechanical engineering from Indian Institute of Technology (IIT) Kharagpur in 1972 and joined IBM the following year. His statement also makes it clear that Buffett is not looking for someone outside the company but within his multi-billion empire. As Vice Chairman-Insurance Operations at BERKSHIRE HATHAWAY, Ajit Jain made $19,014,250 in total compensation. If there were ever to be another Ajit and you could swap me for him, don't hesitate. Ajit Jain runs all of Berkshire’s insurance businesses, and Greg Abel runs all of its noninsurance businesses. In 2014, Buffett said he and his 94-year-old partner Charlie Munger had a name in mind. Jain was born in 1951 in Odisha, one of India’s poorest states. During the early years, he even worked as a … Famously, in a letter to shareholders, Buffett quipped that should he, his partner Charlie Munger and Ajit Jain be on a sinking boat, 'and you can save only one of us -- swim to Ajit'. This is not the first time Buffett has heaped praise on Jain, underlining the billions of dollars Berkshire has made thanks to Jain. Assumptions aside, there have also been reports that suggest that Jain, who leads the insurance division of the company, is not hugely inclined towards holding the top position. Meet Ajit Jain, the IIT alumnus who may succeed Warren Buffett at Berkshire Hathaway. He is one of the successful Businessperson. Today, Jain is the Vice Chairman of Insurance Operations for Berkshire Hathaway and one of the strong contenders for taking the reins from the third richest man in the world. Ajit Jain is 66 years old and has been working with Berkshire for 31 years. Ajit Jain, who handles Berkshire's insurance operations, has been widely considered as Buffett's successor. He said these factors were important for Berkshire's business acquisitions and investment moves. He said "our future CEOs should come from internal candidates whom the Berkshire board has grown to know well". Ajit Prasad Jain - (1902-1977) Union Minister UP congress president, Governor of Kerala and four-time member of parliament; Political leaders Monarchs. He did his MBA from Harvard University in 1978. He did his MBA from Harvard University in 1978. Odisha-born Ajit Jain is an alumnus of IIT-Kharagpur. Ajit Jain I probably assign more value to minimizing the downside. 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