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Prof. S. P. Kothari Of MIT Awarded Padma Shri


01/27/2020

S.P. Kothari, the Gordon Y. Billard Professor of Management and former deputy dean at MIT’s Sloan School of Management, awarded India’s prestigious Padma Shri award for 2020 in the field of Literature and Education.  Last year, Prof. Kothari was appointed chief economist and director of the Division of Economic and Risk Analysis at the U.S. Securities and Exchange Commission.

“S.P. brings with him wide-reaching insight from his decades spent as a leader in applying sophisticated research to the operation of our financial markets, including firsthand experience from his time in the private sector,” said SEC chairman Jay Clayton, in a Feb. 26, 2019 announcement. “His leadership will guide DERA well in the research and analysis it provides in support of the commission’s work on behalf of Main Street investors.”

Kothari has also served as the co-chair of the Board of Governors at the Asia School of Business in Kuala Lumpur. He has also served as faculty director of the MIT-India Program, and editor of the academic publication Journal of Accounting & Economics.

In 2008, he served as global head of equity research for Barclays Global Investors. Kothari earned his B.S in Engineering from the Birla Institute of Technology and Science, his MBA from the Indian Institute of Management, and his Ph.D. from the University of Iowa.

Padma Awards - one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. The Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, etc. ‘Padma Vibhushan’ is awarded for exceptional and distinguished service; ‘Padma Bhushan’ for distinguished service of high order and ‘Padma Shri’ for distinguished service in any field. The awards are announced on the occasion of Republic Day every year.

These awards are conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March/ April every year. This year the President has approved conferment of 141 Padma Awards including 4 duo cases (in a duo case, the Award is counted as one) as per list below. The list comprises 7 Padma Vibhushan, 16 Padma Bhushan and 118 Padma Shri Awards. 33 of the awardees are women and the list also includes 18 persons from the category of Foreigners/NRI/PIO/OCI and 12 Posthumous awardees.



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