Dr Ganguly is currently the Chairman of Firstsource Solutions Ltd (formerly ICICI OneSource Ltd) and ABP Pvt Ltd (Ananda Bazar Patrika Group) and has been a Director on the Central Board of the Reserve Bank of India , since November 2000. Dr Ganguly also currently serves as a non-executive director of Mahindra & Mahindra, Wipro Ltd and Tata AIG Life Insurance Co Ltd. and a Director on the Advisory Board of Microsoft Corporation ( India ) Pvt Ltd. He is a member of the Prime Minister's Council on Trade and Industry as well as the Investment C om mission and the India-USA CEO Council, set up by the Prime Minister of India and the President of the USA . He is also a member of the National Knowledge C om mission to the Prime Minister. Dr Ganguly is a former member of the Board of British Airways Plc (1996-2005).

Dr Ganguly's principal professional career spanned 35 years with Unilever Plc/N.V. He was the Chairman of Hindustan Lever Ltd fr om 1980 to 1990 and a member of the Unilever Board fr om 1990 to 1997, with responsibility for world-wide research and technology.

During his career, he has served several public bodies, the principal among them, as member, Science Advisory Council to the Prime Minister of India (1985-89) and the UK Advisory Board of Research Councils (1991-94). Dr Ganguly is a recipient of the Padma Bhushan, one of India 's highest honours (1987); he was made an Hon Professor by the Chinese Academy of Science, Shanghai (1996). The University of Illinois, College of Food and Nutrition selected Dr Ganguly as their 'Outstanding Alumnus' in 1997 and he is the recipient of the International Alumni Award for Exceptional Achievement for the academic year 2003-2004, fr om the University of Illinois. In 2006, Dr Ganguly was awarded the CBE (Hon) by the United Kingdom . Dr Ganguly has authored three books - "Industry & Liberalisation"(1994),"Strategic Manufacturing for C om petitive Advantage" (1998) and "Business Driven R&D-Managing Knowledge to Create Wealth" (1999), besides several publications in Science, Technology and Management.