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 Mrs. Aga was the chairperson of Thermax, the Rs.3246
crores leading Indian player in energy and
environment Mgmt.
 She was instrumental in turning around the company
and bringing it to its growth.
 Mrs. Aga retired in 2004 and is a director on the Board
of Thermax
 After graduating from St.Xavier’s college, Mrs.Aga did
her PGD at Tata inst. of Social Sciences (TISS).
 She was awarded a full bright scholarship to study in
the US
 She began her career in Thermax in 1985. She was in
charge of the company’s Human Resources from 1991-
996
 She took over as executive chairperson in Feb 96 &
became non-exec Chairperson in 1998.
 She has also served as Chair-person Of CII’s
(Confederation of Indian Industries.)
 Anu is also a member of the common wealth
commission.
 Anu is keenly involved in the causes of communal
harmony and human rights and also supports NGOs.
 She is chairperson of Akanksha an NGO running
education and other projects for Under—priviledged
children in pune & mumbai.
 She is founder of Innovation for Marico foundation to
promote cause of fueling innovation in business,
Social sectors in India
 Since retiring, Mrs. Aga has chosen to focus on
education for under-priviledged.
 In partnership with Pune municipal corporation &
Akanksha, Thermax foundation has adopted 2
Municipal schools in pune.
 She is on the board of TEACH FOR INDIA
 She was married to Rohinton Aga. Her husband
passed away in 1996.
 The death of her husband in 1996, Heart-attack thrust
her into chair-person’s role of Thermax an engineering
company.
 She suffered another deep loss, The death of her 25
year old son Krush.
 At that time Thermax’s growth curve had dipped and
the share prices plummeted from Rs 400 to Rs. 36
 An anonymous letter from a share holder accusing her
of letting him down, forced her to take stock of the
situation.
 “ I realized I was not capable but was only pretending
to run the business,” She says.
 Loosing no time she detached herself from day to day
operations & brought in a foreign consultant to re-
structure the company- The move that revived its
fortunes.
 With the company firmly back on track, Aga felt the
need to focus on other interests.
 In october , after 19 years with Thermax, Aga handed
over the charge to her daughter , Meher Pudumjee.
 A staunch believer in succession planning Aga wanted
to guide her daughter while she could.
 “ I don’t want her to take over when I die.” She said so.
Her confidence in Meher was not misplaced. She was
named one of India’s top 30 achievers in April 05 by
India today.
 Aga has other passions. A soc ial worker by training.
She did her masters in Social work from (*TISS)
 Aga spends time discussing projects with Akanksha.
 In July, She has trained welfare workers for 10
municipal schools in pune.
 I feel the real person of business is Human well-being.
Who claims she is hopeless with numbers but more
interested in Human-Capital recognizing it as the
most important stake holder in corporate set-up.
 Since 2003, Thermax has put aside 1% of its annual
profits for the social sector.
 “She is full of dynamism. She is un-afraid of taking up
tough decisions.” Lalita. Gupte ( M.D ICICI bank)

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Mrs. Aga's Journey from HR Head to Non-Executive Chairperson of Thermax

  • 1.
  • 2.  Mrs. Aga was the chairperson of Thermax, the Rs.3246 crores leading Indian player in energy and environment Mgmt.  She was instrumental in turning around the company and bringing it to its growth.  Mrs. Aga retired in 2004 and is a director on the Board of Thermax
  • 3.  After graduating from St.Xavier’s college, Mrs.Aga did her PGD at Tata inst. of Social Sciences (TISS).  She was awarded a full bright scholarship to study in the US
  • 4.  She began her career in Thermax in 1985. She was in charge of the company’s Human Resources from 1991- 996  She took over as executive chairperson in Feb 96 & became non-exec Chairperson in 1998.  She has also served as Chair-person Of CII’s (Confederation of Indian Industries.)  Anu is also a member of the common wealth commission.
  • 5.  Anu is keenly involved in the causes of communal harmony and human rights and also supports NGOs.  She is chairperson of Akanksha an NGO running education and other projects for Under—priviledged children in pune & mumbai.  She is founder of Innovation for Marico foundation to promote cause of fueling innovation in business, Social sectors in India
  • 6.  Since retiring, Mrs. Aga has chosen to focus on education for under-priviledged.  In partnership with Pune municipal corporation & Akanksha, Thermax foundation has adopted 2 Municipal schools in pune.  She is on the board of TEACH FOR INDIA
  • 7.  She was married to Rohinton Aga. Her husband passed away in 1996.  The death of her husband in 1996, Heart-attack thrust her into chair-person’s role of Thermax an engineering company.  She suffered another deep loss, The death of her 25 year old son Krush.
  • 8.  At that time Thermax’s growth curve had dipped and the share prices plummeted from Rs 400 to Rs. 36  An anonymous letter from a share holder accusing her of letting him down, forced her to take stock of the situation.  “ I realized I was not capable but was only pretending to run the business,” She says.
  • 9.  Loosing no time she detached herself from day to day operations & brought in a foreign consultant to re- structure the company- The move that revived its fortunes.  With the company firmly back on track, Aga felt the need to focus on other interests.
  • 10.  In october , after 19 years with Thermax, Aga handed over the charge to her daughter , Meher Pudumjee.  A staunch believer in succession planning Aga wanted to guide her daughter while she could.  “ I don’t want her to take over when I die.” She said so. Her confidence in Meher was not misplaced. She was named one of India’s top 30 achievers in April 05 by India today.
  • 11.  Aga has other passions. A soc ial worker by training. She did her masters in Social work from (*TISS)  Aga spends time discussing projects with Akanksha.  In July, She has trained welfare workers for 10 municipal schools in pune.
  • 12.  I feel the real person of business is Human well-being. Who claims she is hopeless with numbers but more interested in Human-Capital recognizing it as the most important stake holder in corporate set-up.  Since 2003, Thermax has put aside 1% of its annual profits for the social sector.
  • 13.  “She is full of dynamism. She is un-afraid of taking up tough decisions.” Lalita. Gupte ( M.D ICICI bank)