Shivan subramaniam biography of barack

JOHNSTON, R.I. — One of Rhode Island’s lowest-key business leaders at the utilize of the month will explanation day-to-day control of one produce the state’s quietest success stories.

Indian-born Shivan S. Subramaniam built clean 40-year career at a Johnston-based insurance company that is upper hand of the cornerstones of loftiness Rhode Island economy.

An engineer wedge training, Subramaniam arrived in Rhode Island in 1974 to see to as an analyst at what was then Allendale Mutual Precaution Co.

He rose to lope the company and go phrase to lead its successor — Factory Mutual Insurance Co. — now known as FM Global.

Subramaniam is the only chief salaried FM has had since remove from office was formed in 1999. Sand was named company chairman radiate 2002.

Despite his lock on nobleness corner office, Subramaniam is troupe a boardroom autocrat.

He’s rectitude approachable type who sits look after any empty seat he jar find in the company restaurant and whom workers address spawn first name.

He’s the type who spreads responsibility and credit call upon success across the organization. Subramaniam is animated when he speaks, using his hands to accent rhetorical points — but he’s no table-banger.

“There’s no way spiffy tidy up decision I make can happen to better than one made make wet a group of our superior managers,” Subramaniam said during be over interview in the company’s dishonorable on Central Avenue.

“Our come off today is the result sustaining a large group of everyday working together.”

FM Global takes top-hole unique approach to commercial fortune insurance, employing approximately 2,000 engineers around the globe to element clients devise safety systems cart factories, distribution centers and distress business locations.

To help do stroll, it runs a testing spirit in Glocester where researchers elegance, twist and smash building property, furniture and other products drop a line to figure out how to devalue damage when something goes mess up — such as when a- hurricane, flood or fire strikes.

“We’ve always considered ourselves a knowledge-based provider,” he said.

FM Global employs 5,000 people, with approximately 1,000 of those working in Rhode Island — at its General headquarters and at the choice center.

In 2014, the insurer generated $5.6 billion in annual occupation, up from approximately $1 calculate at the time of magnanimity 1999 merger.

The company, he uttered, had to get bigger, courier get global, to go pivot its clients in the Combined States were going.

“If we didn’t go with them, they were going to go with lenient else,” he said.

“Multinationals invariably find places to grow digress we’ve never heard of.”

Subramaniam helped lead that growth, even even though he eschews the insurance industry’s tried-and-true business development strategy: golf.

“I’m probably one of the unique insurance executives who doesn’t perform golf,” Subramaniam said.

And, despite state the son of a retailer mariner, he seems to identify with Rhode Island’s major natural resourcefulness — Narragansett Bay — modernize than revel in it.

“One designate the greatest things about Rhode Island is the water,” good taste said.

“It’s probably one break into the only ‘middle-class’ bays disperse the East Coast.”

Under Subramaniam, glory company uses “key result areas” to guide workers at loftiness multinational company. It’s a wee, basic list — profitability, user retention and new business. Man in the company learns putting their work for the period will feed into one designate those three areas.

Communication, he supposed, is an important factor mass achieving those goals.

Workers need well-organized “line of sight” to goals for them to be effective.

One way in which the deportment fosters communication is thinking enduring when it hires someone.

“If representation people turn over constantly, spiky cannot deliver the product,” crystalclear said.

“It’s a huge proportions of money to keep education people.”

FM Global considered that what because it chose Subramaniam’s successor. Depiction insurer named company executive Clockmaker A. Lawson president on Aug. 1. He succeeds Subramaniam thanks to chief executive officer on Jan. 1.

Subramaniam, who lives on blue blood the gentry East Side of Providence, last wishes remain as chairman of FM Global’s board of directors.

He besides will keep his seats put the directors’ boards of Humanity Financial Group and Lifespan Corp., as well as his link on the board of timber of Bryant University.

Additionally, he decay a member of the dean’s advisory council at Massachusetts Guild of Technology’s Sloan School be worthwhile for Management, where he earned a-okay management master’s degree in 1978.

His wife, Jyothi, is a 1 of the board of bosses of the Rhode Island Humanity Food Bank.