Asim Ghosh

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Asim Ghosh
Born (1947-12-07) December 7, 1947 (age 69)
New Delhi, India
Known for Former President and CEO of Husky Energy and an Indian mobile telecommunications pioneer

Asim Ghosh (born December 7, 1947) is the former President and CEO of Husky Energy Inc., one of Canada’s largest integrated energy companies. He retired in December 2016 and continues to sit on Husky's Board of Directors.[1]

Ghosh was born on December 7, 1947, in New Delhi, India. He has taken on senior leadership roles in Canada, India and Hong Kong at a number of multinational corporations, including Carling O'Keefe (now part of Molson Coors), Pepsi Foods, and Hutchison Whampoa.[2]

Ghosh is married to Sanjukta Ghosh, whose grandfather, Rai Sahib Nagendra Kumar Bhattacharyya, was a lawyer and member of the West Bengal Legislative Council. Asim and Sanjukta Ghosh have two sons. Asim Ghosh is the son of Padma Shri Amalananda Ghosh, a respected Indian archaeologist who served as Director General of the Archaeological Survey of India from 1953 to 1968, and Sudha Ghosh.[3]

Education[edit]

Ghosh graduated from the Indian Institute of Technology in Delhi in 1969 with a bachelor's degree in Electrical Engineering. Ghosh received his MBA from the Wharton School at the University of Pennsylvania in 1970.

Career[edit]

Ghosh began his career with Procter & Gamble (Canada) in 1971. He joined Rothmans International in 1980, eventually becoming the Senior Vice President with the subsidiary Carling O'Keefe, which was one of Canada’s largest breweries. In 1989, Ghosh became founding co-CEO of Pepsi Foods (India) and was tasked with setting up food operations in the country. He moved to Hong Kong in 1991 in order to set up a consumer goods joint venture between Pepsi and Hutchison Whampoa. Shortly thereafter, he became the CEO of AS Watson Industries, a subsidiary of Hutchison Whampoa (1991–1998).

In 1998, Ghosh took the role of leading Hutchison Whampoa’s telecommunications joint venture in India, where he served as the Managing Director and CEO of Hutchison Essar Ltd. Ghosh served in the role until announcing his retirement in March 2009. During his tenure, the company grew from a one-city operation to become the country’s second-largest mobile phone provider, with more than 63 million subscribers.[2] In 2007, he presided over the sale of Hutchison Whampoa’s stake in the company to Vodafone in a deal that valued the business at approximately $19 billion. At the time, the sale was the biggest corporate takeover in India's history[4] and, according to a Thomson Reuters [5] analysis, the largest all-cash transaction in Asia up to 2007, with Vodafone agreeing to pay $11.1 billion in cash for Hutchison Whampoa’s stake.[6]

In June 2010, Ghosh became President and CEO of Husky Energy.[7] He retired in December 2016 and remains on Husky’s Board of Directors.

Under his tenure the Company successfully completed two of the largest projects in its history – the Liwan Gas Project offshore China and the Sunrise Energy Project in the Fort McMurray oil sands of Alberta, Canada. Ghosh also oversaw the transformation of the Company’s heavy oil business through the deployment of thermal technology. Thermal heavy oil production grew from approximately 18,000 barrels per day (bbls/day) in 2010 to about 80,000 bbls/day at the end of 2016.

Affiliations[edit]

Ghosh is a former member of the Board of the Business Council of Canada, a former Chairman of the National Telecom Committee of the Confederation of Indian Industry, a former Chairman of the Cellular Operators Association of India and is a distinguished alumnus of the Indian Institute of Technology Delhi.[8] He is also a former member of the Board of Governors of the Banff Centre and is a director of the Li Ka Shing (Canada) Foundation.

References[edit]

  1. ^ http://www.huskyenergy.com/news/release.asp?release_id=2107973
  2. ^ a b Vodafone Corporate Web Site,"Press Release". [1] accessed July 19, 2011.
  3. ^ History, Archaeological Survey of India, "Archaeological Survey of India History". [2] accessed July 19, 2011.
  4. ^ Judge, Elizabeth. "Vodafone Beats Rivals for Hutchison Essar","The Sunday Times",February 12, 2007, accessed July 19, 2011.
  5. ^ Thomson Reuters [www.thomsonreuters.com]
  6. ^ Parker, Andrew. "Vodafone Victory in Hutchison Essar Fight", "Financial Times", February 12, 2007, accessed July 19, 2011.
  7. ^ Husky Energy Corporate Web Site. "Husky Energy Appoints New President and CEO", "Press Releases", May 21, 2010, accessed July 19, 2011.
  8. ^ Indian Institute of Technology Web Site. "Distinguished Alumni Awards", accessed July 19, 2011 Archived July 21, 2011, at the Wayback Machine.

External links[edit]