Star India CEO Uday Shankar Becomes 1st MNC Head to Win Forbes India Leadership Award 2015

In a relief from star India news about its erstwhile CEO Peter Mukerjea and his wife Indrani over Sheena Bora murder case, today’s news brought in fresh air of success with Star India’s current CEO bagging the Best MNC award for the company.

Star India CEO Uday Shankar, who replaced Peter Mukerjea, has been chosen the best leader among CEOs of multinational companies at the Forbes India Leadership Awards (FILA) 2015. It marks a break from convention at FILA, with Mr. Shankar becoming the first MNC head of a media and entertainment company to receive the honour.

Mr. Shankar was chosen the Best CEO of a Multinational Company, after a thorough and exhaustive vetting process by a jury from a shortlist of nominees that included leaders of Hindustan Unilever, Samsung, ABB India and Maruti Suzuki India Ltd.

Accepting the award, Mr Uday Shankar said though Star India is an MNC, it has an Indian heart. “We are a multinational company albeit with an Indian heart. Our endeavour has been to harness the transformational power of media to foster social change and thereby inspire a billion imaginations."

Mr. Shankar, further added, "I would not be here receiving this award, if I was not a journalist – that introduced me to the value of being socially relevant and to see the nuances that the untrained eye could easily miss. It also showed me that the value in life comes from doing big things – the headlines. And finally, it taught me to do the right thing, not be intimidated by competition because everybody makes as many mistakes."

Forbes India said Mr Shankar was awarded for making Star India the country’s largest television broadcaster by number of channels and viewership, through some bold business decisions. He is also instrumental in Star India’s foray into future businesses like hotstar, the digital entertainment platform and the Star Sports Pro-Kabaddi League.

Instituted in 2011, the Forbes India Leadership Awards honour outstanding business leaders in nine categories.

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