Rajasekaran Gnanamoorthy, Co-Founder, Codify Group
Saudi Arabia has always been proven to be the land of opportunities for Indian entre preneurs and business leaders. Emerging as a big player owing to its globalized economy, favorable environment and business climate, Saudi Arabia is gradually emerging as a prominent business hub for new-age leaders, especially Indians. Today, numerous professionals belonging to Indian ethnicity have dominated across numerous sectors such as healthcare, construction, retail, manufacturing, financial services, hospitality, transport, service sector and have left a significant mark across all of them. They are the leading contributors to the economy of Saudi Arabia and have occupied a place of prominence across all spheres of business. Carving his name into this elite list of business tycoons, Rajasekaran Gnanamoorthy (Co-Founder, Codify Group) has emerged as a prominent persona and impeccable business leader having an Indian background across Saudi Arabia and the wider Middle East market.
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Top 10 Indian Leaders in Saudi Arabia - 2022
As per the Ministry of external affairs, India has the largest Diaspora in the world. UAE, the US and Saudi Arabia are the countries hosting the largest number of migrants from India. As per the 2018 Ministry of External Affairs report, there are 2,594,947 Indians residing in Saudi Arabia. This makes around 10-13 percent of Saudi Arabian population. During the initial years of migration, Indian expats in Saudi were small workers seeking a better way to find living, soon after the discovery of oil in 1938. After 1973, the migration skyrocketed. But later on, Saudi found expats from India emerging as businessmen, CEOs, engineers and doctors, with great contributions to Saudi Arabian economy.
Today, Indians are working on every spectrum of Saudi economy from those working in high-end scientific and research jobs to daily wage jobs. The country highly values the contributions of 2.73 million Indian expatriates working in the Kingdom, and they show this through salutation and greetings in Hindi at the third largest airport in the country.
The nation’s vast and open economy welcomes expats from all over the world, with best offerings for doing business in the country. There are many economic and social reasons for the foreigners to set up business in Saudi Arabia. Few of them are the country has the lowest crime rates along with one of the highest standards of healthcare and education. Foreigners doing non oil business there are supported by minimal income and sales tax liability.
In this issue of CEO Insights, we bring you a list of ‘Top 10 Indian Leaders in Saudi Arabia - 2022’ who have leveraged their extensive industry expertise and experience for the growth and profit of the respective organisations in which they have served. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
|Company Logo||Company Management||Company Name||Company Description|
|Cherian Varghese,Founder & CEO||VIN Group of Companies||An innovative engineer with more than 30 years of professional experience, he has been at the center of this exceptional journey of VIN|
|Gnanasekar Kalavgunta,VP & CTO||Saudi Arabian Cooperative Insurance Company||Hailing from Chennai, he started his BFSI career as early as 18 years of age and today holds close to three decades of experience in the segment; not to mention his stellar academic qualifications|
|Hassan Shahid,CEO||Energia MTC LLC||He believes in maintaining good relationships with supply partners and a large network of customers, which aids in business growth as well as dealing with difficult economic times|
|L.M. Murugan,CEO||NDT Corrosion Control Services||He joined NDT CCS in 1998, and today, he oversees the company’s GCC operations with close to 25 years of experience|
|Rahim Pattarkadavan,CEO||Cluster Arabia||He has played a dynamic role in the fast-paced success of Cluster Arabia and its emergence as an industry leader in the Operations and Services industry|
|Rajasekaran Gnanamoorthy,Co-Founder||Codify Group||He has played a pragmatic role in co-founding Codify, a Saudi Technology Group that integrates multiple multi category eCommerce platforms, operating a differentiated, asset light and Tech centric model|
|Shakeeb Kazmi,Dy Managing Director||MCI Group||A futuristic technology leader, he possesses more than two decades of technology experience and is now also a member of the executive board of MCI Saudi Arabia|
|Sudhir Sreedharan,General Manager & Regional Director||Tata Consultancy Services||With more than two decades of experience in the global technology sector, he has successful transformation journey in the global IT solutions and consulting firm|
|Usama Shaharyar,Co-Founder||Rasa Communication||A pronounced entrepreneur and a philanthropist by nature, he is a prominent leader who holds strong experience in almost all the organizational departments across regional borders|
|Vishal Gaurav,Head of Corporate Governance, Risk & Compliance||Dawiyat||A seasoned Executive & Business Leader with Engineering and Business Management degrees, he has two decades of diverse experience and expertise in International Business, Strategy, Corporate Governance, Process & Performance Management and Risk & Compliance|