Individual Members

Ajay Nanavati

Global executive with 28+ years of international, cross-functional, operational & strategic experience (5 cities, 4 countries, 3 continents) with this Dow 30 company.

Joined 3M as employee #1 in India. Built the leadership team from scratch, set up local operations & the IPO for the first ever (and only) public JV subsidiary

Spend the next 16 years in various global roles (including starting up 3 new subsidiaries & leading the due diligence/integration of two global acquisitions) & returned to India as the first Indian MD.

During this 5 year term transformed the company by doubling revenues by accelerating new product introductions & increased penetration, built a world class R&D Centre to drive “in-India-for-India” innovation, launched a leadership academy to develop a robust talent pipeline, expanded the geographic footprint in the country to broaden coverage and accelerated investment in local manufacturing with 4 new plants in country. Drove a strong compliance and public company governance culture. Quadrupled market cap to $1B

Navigated the organization through dramatic currency volatility and an inflationary environment. Launched a number of “new-to-3M” business models. Was an active participant in various external executive forums to build the 3M brand.

Relocated to Singapore to develop an accelerated growth plan for APAC & drive its execution. Active member of US-ASEAN Business Council & participated in various delegations to Vietnam, Myanmar etc.

Returned to HQ to lead a business unit responsible for developing alternative go-to-market strategies for the company globally leveraging the matrix of 3M's divisions & subsidiaries.