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Ajay Kaul

Ajay Kaul

Former CEO, Jubilant FoodWorks

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Mr. Ajay Kaul established and expanded the Dominoes Pizza brand in India during his 12 year tenure as the Chief Executive Officer of Jubilant FoodWorks. Under his leadership, Domino’s Pizza became the country’s largest fast-food chain, beating burger chain McDonalds and other formidable global brands like KFC and Pizza Hut. During this time, the chain expanded from just 93 outlets to over 1,062 stores across the country, making India the largest market outside the US for the American brand. He was also responsible for a successful 329-crore initial public offering (IPO) in 2010 which has been rated one of the most successful IPOs to date by The Economic Times. Ajay also spearheaded the India entry of coffee and donut chain Dunkin Donuts through franchised rights in 2012. An XLRI, Jamshedpur alumni, Mr. Kaul joined JFL from logistics firm TNT Express in Indonesia. Earlier he had worked at American Express bank and the domestic airline ModiLuft.

During Ajay’s tenure, JFL became the benchmark for a successful and profitable retail story, not just in India, but globally, receiving multiple awards including ‘The Most Promising Company in India’ (by CNBC), ‘Best Emerging Company in India’ (by Economic Times), ‘Most Admired Food Service Company in India’, ‘Top 7 Most Innovative Companies in Asia’ (by BNP Paribas’ Consumer Innovation Thematic Report 2014). JFL is also rated one of the ‘Best Employers’, in India, according to the Hewitt Best Employers survey and the ‘Great Place to Work’ study.

At an individual level Ajay has been the recipient of numerous awards such as the ‘Distinguished Alumnus Award 2014 – Practicing Manager’ by XLRI Jamshedpur, ‘The Outstanding CEO of the year 2014’, one of the ‘Top 100 CEOs in India’, the Ernst and Young ‘Entrepreneur of the Year 2010’ and ‘Professional Leader of the Year 2013’. In addition to being on the board of XLRI, CII, FICCI and other industry associations, Ajay has also been a regular speaker at premier business schools (IIMs, ISB, and XLRI), the World Economic Forum, India Retail Forums and other high profile events.

An IIT Delhi alumnus, Ajay’s personal interests include golf, bridge, music, singing and social causes.

Areas of Expertise:

Ajay’s favourite topics include Operational Excellence, How to build great /well rounded organizations, How to build great teams and PEOPLE oriented companies , CEO insights on becoming a great professional, & How to build INNOVATIVE companies, among others.