A. Sivasailam, Chairman and Managing Director of the Amalgamations Group passed away in Manipal on January 12 at the age of 76. He resided on Dr. Radhakrishnan Salai, Mylapore.
A prominent industrialist, Sivasailam was the elder son of S Anantharamakrishnan, founder-chairman of the Amalgamations group. After graduating in commerce from the University of Madras and after a four year stint in Management Accounting with a London firm, he returned to join the Amalgamations Group where he was entrusted with the job of developing and nurturing a new company, Tractors and Farm Equipment Limited.
He became TAFE’s General Manager and later its Chairman and Managing Director. In 1968 Sivasailam became the Chairman of the Amalgamations Group. Under his leadership, the group grew into a financially sound empire.
Sivasailam was associated with many trade and industry bodies, ASSOCHAM and advisory boards of trade, export and industry. A philanthropist, Sivasailam had furthered the cause of health and education.
Among the many awards that he had been conferred was the prestigious Padma Shri.
Sivasailam is survived by two daughters, Mallika Srinivasan and Jayashree Venkatraman.