Abhay Bhutada: The CEO Who Aces Financial Leadership
Let’s face it—if there’s one name making waves in both the corporate and philanthropic worlds right now, it’s Abhay Bhutada. With a staggering ₹241 crore in total earnings for the year ending March 31, 2024, Bhutada has officially earned the title of India’s highest-paid executive. But what’s really cool about his story is that it’s not just about making bank. Bhutada’s leadership, his forward-thinking strategies, and the way he’s helping to transform executive pay in India are what set him apart. The Man Behind the Big Bucks So, how does one become India’s highest-paid executive? Well, Bhutada’s journey to the top is all about vision and strategic decision-making. Even after stepping down as Managing Director at Poonawalla Fincorp, his ₹241 crore salary package for FY24 broke all records. The previous highest salary was held by L&T’s A.M. Naik, who earned ₹221.5 crore five years ago. Bhutada not only smashed that record, but he did so during a time when executive compensation is