Rajiv Memani (born 28 January 1968) is the Chairman & Regional Managing Partner of Ernst & Young (EY) India since 2004. In 2013, he was appointed on the Global Executive Board of EY as the Chairman of the Global Emerging Markets Committee.
Rajiv Memani Age
As of 2024, he is 56 years old.
Rajiv Memani Biography
| Full Name | Rajiv Memani |
| Date of Birth | 28 January 1968 |
| Birthplace | Calcutta, India |
| Marital Status | Not known |
| Education | Schooling from DPS, R K Puram B.Com from SRCC Chartered Accountancy |
| Profession | Chairman & Regional Managing Partner of EY India |
| Social Media | X, LinkedIn |
Rajiv Memani Family
Rajiv Memani is the son of Kashi N. Memani, who previously held the position of chairman at Ernst & Young (EY). Details about his immediate family members are unknown.
Rajiv Memani Early Life & Career
Rajiv Memani was born in Calcutta and later moved to Delhi, After graduating in 1988, he began working while pursuing his Chartered Accountancy (CA), which he completed in 1991.
| See also: Rakesh Gangwal Biography |
Rajiv Memani EY
Memani’s professional career commenced with an articleship at a member firm of Ernst & Young. He then worked in various roles within EY, including a position in Singapore as a Manager in Corporate Finance, before returning to India to take on senior management roles.
In 2004, following the retirement of his father and previous chairman, Kashi N. Memani, EY appointed him as the Chairman and Managing Partner for India. This transition was notable as it marked a rare instance of leadership succession within a multinational firm.
EY Employee death
An EY Pune employee, Anna Sebastian Perayil, succumbed to the pressures of an overwhelming workload, leading to severe stress and health issues. In a heartfelt letter addressed to EY India Chairman Rajiv Memani, her mother, Anita Sebastian, has detailed Anna’s 4 months ordeal since she started working there. Her letter highlighted the lack of support from management and the culture of overwork.
Anita called for a reevaluation of the company’s work culture, urging the company to prioritize employee well-being by bringing meaningful changes.
Anna’s family has decided not to pursue any legal action against the company.
On 18 September, 2024 Union Labour Ministry of India has announced a probe into Anna’s death over allegations of ” death due to work-stress”.
Rajiv Memani Response
EY released a statement where they extended their deepest condolences to her bereaved family. The statement indicated that they are taking the correspondence from Anna’s family with “utmost seriousness and humility,” and reiterated their commitment to employee well-being.
Mr. Rajiv Memani expressed his sadness over Anna’s death in a LinkedIn post.
Rajiv Memani Net Worth
His exact net worth is not known.
- As a senior executive at a major professional services firm, he likely earns a multi-million dollar annual salary and bonus.
- He is also a member of EY’s Global Executive Board and Chairman of EY’s Global Emerging Markets Committee, adding to his income.
- He also serves on the boards of several organizations like IIM Sirmaur and KREA University. Rajiv could be having an income from those appointments.
FAQs
Rajiv Memani
Kashi N. Memani, former chairman of EY India.
No information is available.
His current salary details are not disclosed in public. According to various reports, it is estimated that his annual salary may fall within the range of ₹1 crore to ₹5 crore based on historical data and comparisons within the industry.