Mr. Anand G. Mahindra
Vice Chairman and Managing Director of Mahindra & Mahindra Ltd.
Winner of the 2006 CNBC Asia Business Leader Award

Mr. Anand G. Mahindra, Vice Chairman and Managing Director of Mahindra & Mahindra Ltd., graduated from Harvard College, Cambridge, Massachusetts, Magna cum Laude (High Honours). In 1981 he secured an MBA degree from the Harvard Business School, Boston, Massachusetts. He returned to India that year and joined Mahindra Ugine Steel Company Ltd (MUSCO), the country’s foremost producer of speciality steels, as Executive Assistant to the Finance Director. In 1989 he was appointed President and Deputy Managing Director of the company.

During his stint at MUSCO, he initiated the Mahindra Group’s diversification into the new business areas of real estate development and hospitality management.

In the summer of 1991, he was appointed Deputy Managing Director of Mahindra & Mahindra Ltd., the country’s dominant producer of off-road vehicles and agricultural tractors.

He has since been engaged in a comprehensive change program in Mahindra & Mahindra Ltd. to make the company an efficient and aggressive competitor in the new liberalized economic environment in India.

In April 1997, he was appointed Managing Director of Mahindra & Mahindra Ltd and in January 2003 given the additional responsibility of Vice Chairman.

Mr. Mahindra was a co-promoter of Kotak Mahindra Finance Ltd., which in 2003 was converted into a bank. Kotak Mahindra Bank is one of the foremost private sector banks today.

Mr. Mahindra frequently shares his views and ideas on Indian economy and business through his writings in some of India’s leading business magazines.

Mr. Mahindra is the recipient of the following awards:

• 'Knight of the Order of Merit' by the President of the French Republic.
• Rajiv Gandhi Award 2004 for outstanding contribution in the business field.
• 2005 Leadership Award from the American India Foundation for his, and the Mahindra Group’s commitment to corporate social responsibility.
• Person of the Year 2005 from Auto Monitor.
• 'Best Corporate Leader 2006' People’s award for excellence in business and economy from PlanMan Consulting Business & Economy.
• CEO of the Year from India Brand Summit 2006

OTHER ACTIVITIES

Mr. Mahindra is the co-founder of the Harvard Business School Association of India, an association dedicated to the promotion of professional management in India. The association has grown substantially over the years.

He is Past President 2003-04 of the Confederation of Indian Industry and has also been President of the Automotive Research Association of India (ARAI).

Mr. Mahindra is a Director of The National Stock Exchange of India Limited appointed under the "Public Representatives" category.

He takes a keen interest in matters related to education and apart from being a Trustee of the K.C. Mahindra Education Trust, which provides scholarships to students, he is also on the Board of Governors of the Mahindra United World College of India.

Mr. Mahindra is the Founder Chairman of the Mumbai Festival, which was launched in January 2005. The event was the first comprehensive festival to celebrate the rich cultural diversity of the city.

He is the Co-Chairman of the International Council of the Asia Society, New York and Co-President of The Euro India Centre.

Mr. Mahindra is a Member of the following organizations:

1. Harvard Business School - Asia–Pacific Advisory Board
2. Harvard Business School - Member of the Board of Dean’s Advisors
3. Harvard University Asia Centre - Advisory Committee
4. Harvard Business School - Advisory Council of the Initiative on Corporate Governance
5. Harvard Business School India Research Centre Society – Founder Member
6. Asia Business Council
7. Microsoft India - Advisory Board
8. National Sports Development Fund (NSDF), Government of India – Council and Executive Committee
9. The Nehru Centre, Mumbai - Executive Committee
10. National Council of Applied Economic Research
11. National Institute of Bank Management, Pune - Governing Board

Mr. Masanari Iketani
Tokyo Steel Manufacturing Co. Ltd.
Winner of the Innovator of the Year Award 2006

Masanari Iketani entered Tokyo Steel (where his father was President) when he was in his early twenties. After working for about a year and half at an affiliated company in the United States, he returned to Japan. In 1969, he was appointed as Managing Director of Tosa Denki Metallurgic Company, associated with Tokyo Steel. One year later, Iketani became the President of Tosa Denki, at the age of 25. By 1975, he had transformed Tosa Denki into Japan’s largest steel bar manufacturer. The same year, Tosa Denki was finally merged with Tokyo Steel. In December 1975, Iketani became the President of Tokyo Steel, whereas his father became Chairman. Iketani is retiring this year, leaving a formidable legacy of 30 years of growth and accomplishments.

Mr. Ruey Bin Kao
Motorola (China) Electronics
Winner of Talent Management of the Year Award 2006

In 1993, Kao joined Motorola in China as a Senior Manager and ever since then he has become a cornerstone of the company’s success in China, especially in the infrastructure business.

In June 2000, Kao was promoted to general manager responsible for Motorola’s infrastructure business in Greater China.

In April 2005, Ruey Bin Kao has been appointed President of Motorola (China) Electronics Ltd. In this role, Kao will be responsible for achieving financial results while creating and executing marketing, sales and communications plans. He will implement strategic account management, ensure corporate governance and positive employee engagement as well as strengthen relationships with key customers and government constituencies.

With more than 20 years of experience in the industry, Kao has been a leader in the telecom business in China since 1993. He has developed strong relationships with key customers and government organizations. He has been instrumental in driving the Networks business in delivering integrated end-to-end solutions to telecom carriers throughout the past decade, which has been best testified by his leadership to business successes in a competitive market environment.

In addition to his business leadership role, Kao, as an indispensable member of the company’s management team, has also contributed to the continuing success of Motorola in China. He was Acting President for the company from August to December, 2003 when the position was vacated. He was also a member of the search committee for the company’s President.

Prior to joining Motorola, Kao had held various business, marketing, product management and research and development positions in AT&T Bell labs in the United States and China.

Kao obtained his Doctor of Business Administration from the Hong Kong Polytechnic University in 2005, a Masters degree in Computer and Information Science from the University of Delaware, USA and a Bachelor degree in Computer Science from Tamkang University in Taiwan.

Mr. Ernesto 'Ato' Tanmantiong
Jollibee Foods Corporation
Winner of the Corporate Citizen of the Year Award 2006

Mr. Tanmantiong was one of the pioneers of Jollibee. He rose from the ranks, starting out as a Store Manager in 1978. In 1987 he became Executive Vice-President, and 1993 also assumed the role of Chief Operating Officer-. In his current position, Tanmantiong remains a man of character who believes and practices frugality, discipline, honesty and sincerity.

As the EVP and COO of Jollibee and the President of its subsidiaries namely Vismin Foods Corporation, which operates the Cebu commissary and Zenith Foods Corporation, which handles the largest and most advanced commissary in the Philippines, Tanmantiong has steered the company to dominate the local market and expand in the global arena.

Being at the helm of the Jollibee business, Tanmantiong was able to expand the number of stores bringing Jollibee to various areas in the country, from key cities to “unchartered” territories, creating economic growth, livelihood and employment opportunities. He has also successfully penetrated the global market with 10 stores in the US and 13 stores in the Asia Pacific. Tanmantiong commands over 40,000 employees, many of which have been loyal to the company for years. Under his leadership, the state-of-the-art commissary in Canlubang, Laguna, the first of its kind in Asia, was built and has become a source of economic progress, employment, and technological advancement. He is also the one on top of Jollibee’s marketing initiatives, which provide the necessary branding, and advertisements that have been promoting positive Filipino values through these years. With effective communication efforts, Jollibee is known to be a symbol of national pride and happiness. Through Jollibee’s culture of happiness and humility, it also slowly shapes the culture of its customers all over the country.

Ms. Fredy Bush
Xinhua Finance Ltd.
Winner of the Entrepreneur of the Year Award 2006

Ms Fredy Bush brings more than 20 years of experience and entrepreneurial success in China, Taiwan and Hong Kong to Xinhua Finance where she is a founder, seed investor and a member of the Board of Directors. She also serves as a Director of the Board of Xinhua FTSE Index and is a member of the Xinhua FTSE Index Committee.

Prior to establishing Xinhua Finance, Ms Bush founded The Bush Corporation in the US in 1987, a financial consultancy, operating from Taiwan and engaged in the business of advising multinational corporations on the identification and exploitation of business opportunities in China, Taiwan and Hong Kong. The Bush Corporation employed a total transaction advisory concept covering market research, identification of the Asian partner, advice on joint structural and operating strategy and negotiation of terms and conditions. Noteworthy was her instrumental work in advising on the creation of Taiwan’s financial and commodity futures market.

The Bush Corporation experience gave her keen insights into the challenges of rapid economic development in Asia and the critical importance that more modern and effective financial markets would have for that development. She recognized that foreign investors would have to play a key role in providing capital and know how to those markets and that special knowledge was necessary to ease the blending of Asian and Western business cultures.

Founded Xinhua Finance in 1999 with her knowledge in Asia, Ms Bush led its development of the business plan and operating strategy. She realized that in order to achieve efficient financial markets, China was going to require reliable and timely sources of financial information based on global standards, but rooted in an intimate knowledge of China’s political and economic systems. Xinhua Finance has been built on that premise. To date, Xinhua Finance is recognized as China’s leading indigenous supplier of indices, financial news, ratings and investor relations services. In October 2004, under her leadership, Xinhua Finance successfully listed on the Tokyo Stock Exchange, becoming the first non-Japanese company on its Mothers Board.

Mr. Tony Fok Tung Link
Chairman and President
Comba Telecom Systems Holdings Limited
Winner of the Hong Kong CEO of the Year Award 2006

Mr. Fok Tung Ling ("Tony"), aged 49, chairman of the Board and the president. Mr. Fok is primarily responsible for the Group’s overall strategic planning, management and business development.

From 1982 to 1987, Mr. Fok worked as an engineer in the Microwave Telecommunications Main Station of the Guangdong Bureau of Post and Telecommunications.

In 1986, he graduated from the Beijing Institute of Post and Telecommunications (currently known as the Beijing University of Post and Telecommunications) majoring in microwave communications.

Prior to 1991, Mr. Fok worked as an executive at the China Electronics Import-Export Corporation, South China Branch and was involved in the import and export of electronic products.

From 1991 to 1997, Mr. Fok was engaged in the trading of telecommunications and electronic equipment and components before co-founding the Group in 1997.

Mr. Fok has over 18 years of experience in wireless communications. Mr. Fok is the sole director of Prime Choice Investments Limited and Total Master Investments Limited, both of which are substantial shareholders of the Company.