Anurag Thakur, forthright and media friendly, backed to clean up tarnished image of BCCI



India’s new cricket chief Anurag Thakur is a close ally of right-wing Prime Minister Narendra Modi and a media-friendly administrator seen as capable of cleaning up the governing body’s tarnished image.

Thakur, who heads the youth wing of Modi’s ruling Bharatiya Janata Party (BJP), is now charged with running the Board of Control for Cricket in India (BCCI), one of the most powerful bodies in world sport.

The three-time member of parliament on Sunday became the youngest-ever president of the cash-rich but under-fire BCCI, at the age of 41.

Thakur is comfortable in the limelight and could not be more different from his 58-year-old predecessor Shashank Manohar, who shunned the media and did not even own a mobile phone.

“He is one of the more visible, forthright and efficient administrators in the game,” said Boria Majumdar, a veteran sports journalist.

Indian batting great Sunil Gavaskar praised Thakur for being “very, very available to the media” at a time when the BCCI needs someone confident to get its views across to the public.

The president of the BCCI is seen by many as the most powerful post in global cricket. The BCCI benefits from huge TV deals that have in the past allowed it to effectively run the International Cricket Council (ICC) with its allies, Australia and England.

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But the Indian board is under immense pressure to implement wide-ranging reforms laid out by the country’s highest court after a string of corruption scandals in recent years.

Manohar quit earlier this month under growing pressure from the Supreme Court to carry out retired judge Rajendra Mal Lodha’s recommendations for reforming the BCCI.

Thakur, an MP in Himachal Pradesh state, has walked the corridors of the BCCI since 2000, when was elected president of his state association, and was most recently secretary.

He has been credited with astute handling of the fallout from the Lodha report, but as president will have to use all of his political acumen to guide the BCCI through the storm.

Lodha’s report, drawn up in the wake of the Indian Premier League match-fixing scandal, advocated the introduction of age limits for BCCI office-bearers and a ban on television adverts between overs during live broadcasts.

“The BCCI is not looking for an escape route. We believe in transparency and accountability,” Thakur said in February.

“In the last nine months, we have done things which would indicate that we are in the right direction.”

However some say Thakur still must convince the government that the BCCI is serious about making genuine changes.

“In this moment of crisis with the Lodha Commission report hanging on their heads the BCCI needed somebody like him to steer them in the right direction,” journalist Majumdar told AFP, adding that being from the BJP would help.

The ambitious Thakur took over the Himachal Pradesh Cricket Association aged just 25.

He even played one first class match in 2000-01, making a duck off seven balls, but satisfying the rule that allows only first-class players to be national selectors.

Thakur showed political nous when he stayed clear of siding with any camp during Narayanaswami Srinivasan’s controversial tenure as BCCI chief between 2011-2014.

He quickly became the face of the BCCI as an ill and ageing president Jagmohan Dalmiya — elected as a consensus candidate after Srinivasan’s ousting — remained titular head until he died in September 2015.

Thakur’s big break came last year when he pipped the incumbent to the secretary’s post by a single vote.

He became a popular face amongst the cricket-crazy public thanks to regular TV appearances, and during Manohar’s six-month stint at the helm revelled in his role as the BCCI’s public voice.

Thakur was credited with getting Indian legends Sachin Tendulkar, VVS Laxman and Sourav Ganguly to join a cricket advisory committee that he set up.

“He is young, his ideas are new and he is not shy of taking decisions for the improvement of the game,” Nikhil Chopra, a former Indian cricketer, told AFP.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

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From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

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