New Delhi, June 1, 2023. Accelerate Indian Philanthropy (AIP) has announced the appointment of Mr Amitabh Jaipuria as its Chief Executive Officer (CEO). With over three decades of experience, he will help build AIP as a vibrant network of philanthropists by philanthropists. In addition to his vast corporate and leadership experience of over 34 years, Amitabh has had an abiding interest in philanthropy as well. He has been an active member of the Social Venture Partners (SVP) for the past few years and was a part of their Grant making team in Mumbai.
Founded in 2021, AIP has been created as a peer network of philanthropists to accelerate philanthropic giving both in terms of quality and quantity. Working with Ultra-High Net Worth Individuals and families (in India and the diaspora), it aims to transform the strategic giving landscape in India.
Speaking on his appointment, Mr. Amitabh Jaipuria said, "I am delighted at this opportunity to help build an institution such as AIP. India has witnessed unprecedented wealth creation and we believe that - Philanthropy can make a difference; that philanthropists want to make a difference and finally that Philanthropists are the bestplaced to inspire other philanthropists. At such a juncture, I see my new role as an opportunity to help nurture a culture of strategic, informed giving in India and hope to build AIP to deliver on itsaim of getting wealthy individuals to give more, give sooner and give better. I look forward to working with other stakeholders in the ecosystem and help build AIP’s capabilities and network of philanthropists”
Amitabh has held several leadership positions in prominent companies like UDS, Quess Corp., Reliance Jio, Monsanto, PepsiCo, GE, and Blow Plast. His last position was as the Group CEO and then Executive director of UDS, where he continues to be on their Board in a non-executive capacity. He comes armed with experience in diverse organizational cultures as well as stages in the business cycle - from start-up to stabilization, steady state as well as hyper-growth and M&A-led integration.
As the new CEO of AIP, he aims to create a variety of opportunities and platforms for philanthropists to engage meaningfully with fellow philanthropists and support them with a broad spectrum of inputs throughout their philanthropic journey spanning across Purpose, Perspective, Portfolio, Process and Performance. Through this, AIP and Amitabh aim to facilitate upwards of ₹10,000 crores in catalytic philanthropic activity by 2030.
