BNP Paribas Wealth Management, a leading global private bank, awarded the 2013 BNP Paribas Grand Prix for Individual Philanthropy to Shiv Nadar, founder & chairman, HCL (a technology company in India) and Shiv Nadar Foundation.
The award was given to him at an event hosted on Oct. 10, 2013 at the Salons de l’Orangerie, the BNP Paribas headquarters in Paris, for his efforts in philanthropy.
Francois Debiesse, chairman of The Fondation de l’ Orangerie for Individual Philanthropy, a grant-making foundation set up by BNP Paribas Wealth Management, said, “The inclusive leadership development model of the Shiv Nadar Foundation is unique and stands out not only in terms of the sheer impact it will have on its beneficiaries but also on the significance of this to create an inclusive future for India. We believe that is a very powerful model for every developing nation that would play a key role in contributing to nation building. I congratulate Mr Nadar and the Foundation for this truly exemplary work.”
Accepting the award, Shiv Nadar said, “This is a great honor and I thank BNP Paribas for this recognition. Education is the single largest tool for individual empowerment and sustainable large-scale social and economic transformation. The Shiv Nadar Foundation will continue to harness the power of inclusive education to bridge urban-rural divide and drive exponential social transformation in India by creating leaders from every socio-economic segment.”
Shiv Nadar has pledged over 20 percent of his total wealth towards philanthropy. Among other education programs, Shiv Nadar Foundation runs VidyaGyan, an experiment in leadership development through free residential education to meritorious rural underprivileged children.
BNP Paribas Wealth Management instituted the BNP Paribas Awards for Individual Philanthropy in 2008 with a view to disseminating information and raising general awareness of the growing global phenomenon of philanthropic giving.
In the picture above: Mr. Nadar receiving award from Suzanne Berger, Chair of the Jury.
Photo courtesy: HCL Technologies Limited