Narayanaswami Srinivasan (born 3 January 1945) is an Indian

industrialist A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through per ...

. He is a former

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group ...

of the

International Cricket Council The International Cricket Council (ICC) is the world governing body of cricket. Headquartered in Dubai, United Arab Emirates, its members are 108 national associations, with 12 Full Members and 96 Associate Members. Founded in 1909 as the '' ...

(ICC) and former President of the BCCI, the governing body for

cricket Cricket is a bat-and-ball game played between two teams of eleven players on a field at the centre of which is a pitch with a wicket at each end, each comprising two bails balanced on three stumps. The batting side scores runs by st ...

in India. He is also the managing director of

India Cements The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. The company is headed by former International Cricket Council chairman and Board of Control for Cricket ...

Limited. He is the owner of Indian Premier League (IPL) team

Chennai Super Kings Chennai Super Kings (CSK) is an Indian Premier League (IPL) franchise cricket team based in Chennai, Tamil Nadu, India. Founded in 2008, the team plays its home matches at the M. A. Chidambaram Stadium in Chennai. The team is owned by India ...

. Srinivasan is being investigated in several scams, including one involving betting on IPL cricket matches, where his son-in-law Gurunath Meiyappan has been indicted for passing inside information to bookies. He is also being investigated for corruption involving politician

Jagan Mohan Reddy Yeduguri Sandinti Jagan Mohan Reddy (born 21 December 1972) also known as Y. S. Jagan or mononymously Jagan, is an Indian entrepreneur and politician serving as the 17th and current chief minister of Andhra Pradesh since 30 May 2019. He is the ...

. In March 2014, the

Supreme Court of India The Supreme Court of India ( IAST: ) is the supreme judicial authority of India and is the highest court of the Republic of India under the constitution. It is the most senior constitutional court, has the final decision in all legal matters ...

ordered him to quit as BCCI president to facilitate investigations into the IPL betting scam. Justices A K Patnaik and FMI Kalifulla: "unless the President of the BCCI steps down, no fair decision can be taken. Why is Mr Srinivasan sticking to his chair? It is nauseating... Srinivasan should step down else we will pass a verdict," On 26 June 2016, N. Srinivasan was re-elected president of

Tamil Nadu Cricket Association Tamil Nadu Cricket Association (TNCA) is the governing body of cricket activities in the India state of Tamil Nadu. It is affiliated to the Board of Control for Cricket in India and governs the Tamil Nadu cricket team. Rupa Gurunath is the for ...

. The election was held during the

TNCA The Talleres Nacionales de Construcciones Aeronáuticas (TNCA) (national aviation workshops) was an aircraft manufacturer established outside Mexico City in 1915. TNCA closed in 1930, was briefly revived in 1941 under the name ''Talleres Generales ...

's 86th annual general meeting, in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

and he was re-elected unopposed as the president of the state association.

Early life and education

Srinivasan was born at Kallidaikurichi, Tirunelveli district,

Tamil Nadu Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...

. He is the son of T. S. Narayanaswami, one of the first employees of India Cements. He did his schooling in Madras Christian College Higher Secondary School. He holds a

Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University o ...

from

Loyola College, Chennai Loyola College is a private Catholic higher education institution run by the Society of Jesus in Chennai, Tamil Nadu, India. It was founded in 1925 by the French Jesuit priest, Francis Bertram, along with other European Jesuits. It is an auton ...

and Master of Science degree in Chemical Engineering from the

Illinois Institute of Technology Illinois Institute of Technology (IIT) is a private research university in Chicago, Illinois. Tracing its history to 1890, the present name was adopted upon the merger of the Armour Institute and Lewis Institute in 1940. The university has prog ...

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = List of sovereign states, Count ...

, United States.

Sports administration

He was introduced to cricket administration by former BCCI president A. C. Muthiah. He was the Secretary of the BCCI before becoming the President, taking over the reins from Shashank Manohar, in 2011. He was succeeded by Jagmohan Dalmiya in 2014. His company India Cements owns

Indian Premier League The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The leagu ...

(IPL) franchise team

and he is the president of the Tamil Nadu Cricket Association (TNCA). Srinivasan is also the President of the Tamil Nadu Golf Federation and former President of the All India Chess Federation. Narayanaswami Srinivasan was elected as president of the

for the 14th consecutive time at its 85th Annual General Meeting in Chennai, on 12 June 2015. Srinivasan is heading the

since 2002–03, when he ended the reign of former BCCI president A.C. Muthiah. Srinivasan became the first

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group ...

of the ICC On 26 June 2014. On 9 November 2015, he was removed as ICC Chairman.

Corporate career

Srinivasan took over as vice-chairman and managing director of

in 1989. N. Srinivasan made a hostile takeover bid to Andhra Pradesh-based Raasi Cements in 90's and merged with India Cements. Later he made a bid for Yerraguntla plant of the public sector Cement Corporation of India (CCI) and annexed it to India Cements. He served as the President of the Madras Chamber of Commerce and Industry from 1996 to 1998 and is a member of the Executive Committee of

Federation of Indian Chambers of Commerce and Industry The Federation of Indian Chambers of Commerce & Industry (FICCI) is a non-governmental trade association and advocacy group based in India. History Established in 1927, on the advice of Mahatma Gandhi by Indian businessman G.D. Birla ...

(FICCI). Between 1991 and 2006, he was the President of the Cement Manufacturers' Association for five terms and chairman of the board of Governors of the National Council for Cement and Building Materials (NCCBM) for four terms between 1991 and 2006. He was also the Chairman of Development Council for Cement Industry (DCCI) constituted by the Government of India for two terms from 1992 to 1996. Srinivasan was also the President of The Madras Chamber of Commerce and Industry (MCCI) for two terms between 1996 and 1998. In 2000–2001, he was President of the All India Organisation of Employers. He was also a member of the Prime Minister's Council of Trade and Industry (1996–2001). N. Srinivasan was the

Sheriff of Madras The Sheriff of Madras was an apolitical titular position of authority bestowed for one year on a prominent citizen of Madras. The post was abolished in 1998. The position of Sheriff of Madras was created in the Madras Charter of 1726 which came ...

for two terms during the period 1989 to 1991.

Controversies

The BCCI regulation, Clause 6.2.4 stated that "no administrator of BCCI could have had, directly or indirectly, any commercial interest in the matches or events conducted by the cricket board". Later, after the start of IPL in 2008, the clause was amended to give unfavorable benefit to BCCI members such that they can own stakes in the IPL franchise. N. Srinivasan became the owner of

. The case against N. Srinivasan on the grounds of conflict of interest is still pending in the Supreme Court of India. In 2013, under the massive Indian Premier League Spot fixing controversy, N. Srinivasan's son-in-law and CSK team principal Gurunath Meiyappan was arrested by Mumbai Police under the involvement in heavy betting and trading of inside information to bookies. Despite media and national outrage asking for his resignation, he remained defiant. But ultimately, he stepped aside on 2 June 2013 and appointed Jagmohan Dalmiya as the interim president. On 27 September,

Supreme Court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...

restrained him from holding the post of BCCI President until its further orders. On 8 October 2013 Supreme Court allows N. Srinivasan to take charge as BCCI President. On 10 February 2014, a report submitted by the retired High Court Chief Justice

Mukul Mudgal Justice Mukul Mudgal is a retired Indian judge of Delhi High Court, and remained Chief Justice of Punjab and Haryana High Court from 2009 to 2011.India Cements The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. The company is headed by former International Cricket Council chairman and Board of Control for Cricket ...

was liable for Meiyappan's actions and that the

franchise was in violation of the franchise agreement, which may result in the termination of the

franchise. On 21 March, Meiyappan's voice was found to match a tapped phone conversation discussing match fixing activities On 25 March 2014 the

told N. Srinivasan to step down as BCCI president so that a fair investigation may be conducted. The court found it "nauseating" that he should hold on to the post despite various courts censuring him. On 27 November 2014 the Supreme Court said that N Srinivasan's conflict of interest was "obvious" as he also owned a team i.e. CSK in the IPL. The court also asked BCCI if it was open to have a fresh poll for a new board without N Srinivasan. On 29 March 2015, Srinivasan gave away the Cricket World Cup trophy to the winning Australian team - an act that should have been performed by the ICC President Mustafa Kamal. Prior to the final, Kamal had made controversial statements regarding umpiring in the India-Bangladesh quarterfinals. In light of these comments, ICC reportedly had a meeting, and decided that Kamal would not be allowed to hand over the trophy. Srinivasan had also expressed his extreme unhappiness over Kamal's comments in the same meeting, causing an embarrassed Kamal to walk out of the final before the match even finished. He later quit his position as the President, and vowed to expose the people behind the "mischievousness". Srinivasan was one of the main investors in several of Jaganmohan Reddy's "suitcase companies" and is a subject of investigation in the Rs. 3000 crore corruption case. It is charged that his

had invested more than a hundred crores in Jagan's Bharti Cement, in return for

quid pro quo Quid pro quo ('what for what' in Latin) is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favor for a favor". Phrases with similar meanings include: "give and take", ...

favours granted while Jagan's father Y.S. Rajasekhara Reddy was the Chief Minister of

Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...

(between 2004 and 2009). The

Central Bureau of Investigation The Central Bureau of Investigation (CBI) is the premier investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and government ...

(CBI) is of the opinion that Srinivasan's company,

allegedly invested Rs. 140 crore into Jaganmohan's businesses in return for the benefits it received from the then government. He has appeared in front of the special CBI court repeatedly in this massive corruption case.

Personal life

Srinivasan is married to Chitra Srinivasan and the couple have two children: Rupa and Ashwin. Srinivasan's younger brother, N Ramachandran is also involved in sports administration as the head of the

Squash Rackets Association, president of the

Indian Olympic Association The Indian Olympic Association (IOA) or Indian Olympic Committee (IOC) is the body responsible for selecting athletes to represent India at the Olympic Games, Asian Games and other international athletic meets and for managing the Indian teams ...

and the chief of World Squash Federation. His daughter Rupa is married to film producer Gurunath Meiyappan who was part of the IPL match fixing scandal and was president of Tamilnadu cricket association.

References

{{DEFAULTSORT:Srinivasan, N. 1945 births Living people People from Chennai Loyola College, Chennai alumni Indian cricket administrators Indian businesspeople in cement Presidents of the Board of Control for Cricket in India Chairmen of the International Cricket Council Sheriffs of Madras Indian Premier League franchise owners India Cements