PERSONAL INFORMATION
Profession: Businessman
Known for: Being the Executive Chairman and Whole-time Director of Hero MotoCorp
Date of Birth: Year, 1956
Age (as of 2023): 67 Years
Birthplace: Delhi, India
Nationality: Indian
Hometown: Delhi, India
Age: 67 Years
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EDUCATION
School: The Doon School, Uttarakhand
College/University: National Institute of Technology, Kurukshetra
Educational Qualification: Doctorate from the National Institute of Technology, Kurukshetra [1] The Tribune
PHYSICAL STATISTICS
Eye Colour: Black
Hair Colour: Salt and Pepper
FAMILY & RELATIONSHIPS
Marital Status: Married
Wife/Spouse: Name Not Known
Children: Son – Annuvrat Munjal Daughters – 2 • Vasudha Munjal (the owner and founder of chocolate boutique chain Choko La) • Supriya Munjal
Parents: Father – Brijmohan Lall Munjal (founder of Hero MotoCorp; died in 2015) Mother – Santosh Munjal (died in 2021) Grandfather – Bahadur Chand Munjal Grandmother – Thakur Devi Munjal
Siblings: Brothers – 3 • Sunil Kant Munjal (Chairman Hero Enterprise) • Suman Kant Munjal (Executive Chairman of Rockman Industries Ltd.) • Late Raman Kant Munjal (businessman) Sister – Geeta Anand (businesswoman)
Father: Brijmohan Lall Munjal
CAREER HIGHLIGHTS
Awards, Honours, Achievements: • He is the recipient of the Lifetime Contribution Award from the Indian Golf Industry Association (IGIA). • In February 2022, he received the All India Management Association (AIMA) JRD Tata Corporate Leadership Award for the Year 2021-22.
MONEY FACTOR
Net Worth (approx.): As of May 2022, his net worth was approximately US$3.4 billion. [7] Forbes
OTHER INFORMATION
Positions held: Chairman & Director Hero FinCorp Limited Director • Munjal Acme Packaging Systems Private Limited • Pan Mining Private Limited • Bahadur Chand Investments Private Limited • Hero InvestCorp Private Limited • Indian School of Business • Hero Future Energies Global Limited • Rockman Industries Limited
Hobbies: Travelling, Playing Golf, Swimming, Cycling, Driving, and Singing
INTERESTING BACKGROUND INFORMATION
Pawan Munjal stands as a prominent figure in the Indian business landscape, serving as the chairman, managing director, and CEO of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters. His leadership has been pivotal in steering the company to achieve this prestigious title in 2001, a milestone that solidified Hero MotoCorp’s dominance in the automotive sector. Recognized for his influence and contributions, Munjal was ranked 49th in India Today’s 2017 list of the 50 most powerful people in the country, an accolade that reflects his significant impact on the industry.
Under Munjal’s visionary guidance, Hero MotoCorp has not only maintained its status as a leading motorcycle manufacturer but has also forged collaborations with esteemed global brands such as Harley-Davidson and Zero Motorcycles. These partnerships aim to enhance the development of advanced and technology-driven mobility solutions, showcasing Munjal’s commitment to innovation in the automotive field. His passion for sports is evident as well; in 2019, he was inducted into the Asia-Pacific Golf Hall of Fame, receiving the highest recognition in the Asia-Pacific Golf industry, underscoring his multifaceted interests beyond business.
Munjal’s leadership extends beyond the confines of Hero MotoCorp. He has played instrumental roles in various organizations, including serving as the President of the Professional Golfers Association of India (PGAI) and currently holding the position of Chairman of the Asian PGA Tour Board of Directors as of 2023. His involvement with the Emirates Golf Federation as an Honorary Board member further emphasizes his dedication to promoting golf in the region. In March 2022, he launched Vida, Powered by Hero, a new identity aimed at introducing innovative electric vehicles to the market. This initiative aligns with the global shift toward sustainable solutions, further enhanced by a significant partnership with KKR in September 2022, which aims to invest $450 million into Hero Future Energies, the group’s renewable energy arm.
Beyond his executive roles at Hero MotoCorp, Munjal contributes to several other organizations, including Munjal Acme Packaging Systems Private Limited, Pan Mining Private Limited, and the Indian School of Business, among others. His expertise has been sought after in various industry organizations, including the Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM). However, recent events have cast a shadow on his illustrious career; in August 2023, the Enforcement Directorate conducted a raid at his residence in connection with an alleged money laundering case, leading to a notable drop in Hero MotoCorp’s share prices.
On a personal note, Pawan Munjal’s family continues to thrive in their entrepreneurial pursuits. His daughter, Vasudha, founded ‘Choko La,’ a premium chocolate brand, and joined Hero’s board in April 2022, further intertwining the family legacy with the business. Despite the pressures of his corporate responsibilities, Munjal finds joy in music and travel, often reminiscing about the melodies of the 60s and 70s. His diverse interests reflect not only his multifaceted personality but also the balancing act of a successful business tycoon navigating the complexities of modern entrepreneurship.
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Note: All biographical information compiled from publicly available sources.