Indian-origin US-based investment manager Liaquat Ahamed has won the Financial Times and Goldman Sachs Business Book of the Year Award 2009 out of a short—list that included Indian IT expert Nandan Nilekani’s book, ’Imagining India’

Mr. Ahamed, who studied at Cambridge and Harvard, has origins in Kenya where his forefathers migrated from India. He won the 30,000 pounds prize for his book, ‘Lords of Finance: 1929, The great Depression, and the Bankers Who Broke the World’

The award was presented on Thursday night at a gala at the Victoria & Albert Museum by Lionel Barber, editor, Financial Times, and Lloyd C Blankfein, Chairman and Chief Executive Officer, Goldman Sachs.

Lord Mandelson, UK Secretary of State for Business, Innovation & Skills, who was the keynote speaker, said, “The Financial Times and Goldman Sachs Business Book Award celebrates books that are not just about running a business but are also about the social, political, and even ethical landscape in which business is done. This is the business that I deal with as a Minister, and which shapes our economy.”

Mr. Nilekani and other four runners-up received a cheque for 5,000 pounds. The Award, which was established in 2005, aims to find the book that provides ‘the most compelling and enjoyable insight into modern business issues’.