Chanda Kochhar

ChandaKochhar (Born 17 November 1961) is the man-aging director (MD) of ICICI Bank and its chief execu-tive ocer (CEO). ICICI Bank is India's largest privatebank and overall second largest bank in the country.[1][2]She also heads the Corporate Centre of ICICI Bank.

1 Early lifeChanda was born in Jodhpur, Rajasthan and raised inJaipur, Rajasthan. She is an alumnus of St. AngelaSophia School, Jaipur. She then moved to Mumbai,where she joined Jai Hind College for a Bachelor of Artsdegree. After graduating in 1982 she then pursued CostAccountancy ICWAI, Later, she acquired the Mastersdegree in Management Studies from Jamnalal Bajaj In-stitute of Management Studies, Mumbai. She receivedthe Wockhardt Gold Medal for Excellence in Manage-ment Studies as well as the J. N. Bose GoldMedal in CostAccountancy for highest marks in the same year.[3]

Kochhar resides in Mumbai, and is married to DeepakKochhar, a wind energy entrepreneur and her businessschool mate. She has two children, a son, Arjun, and adaughter, Aarti.[3][4]

2 Careers

2.1 19841993In 1984, Kochhar joined the Industrial Credit and Invest-ment Corporation of India Ltd. (ICICI).[5] as a manage-ment trainee after her Masters degree. In her early yearsin ICICI, she handled Project Appraisal and Monitoringand projects in various industries like Textile, Paper andCement.[3]

2.2 19932008In 1993, Kochhar was sent to ICICI bank as part of a coreteam to set the bank. She was promoted to Assistant Gen-eral Manager in 1994 and then to Deputy General Man-ager in 1996. In 1996, Kochhar headed the newly formedInfrastructure Industry Group of ICICI, which aimed tocreate dedicated industry expertise in the areas of Power,Telecom and Transportation. In 1998, she was pro-moted as the general manager and headed ICICIs MajorClient Group, which handled relationships with ICICIs

top 200 clients. In 1999, she also handled the Strategyand E-commerce divisions of ICICI. Under Kochharsleadership, ICICI bank started the Retail business in July2000 and emerged the largest retail nancer in India, inthe next ve years. In April 2001, she took over as Exec-utive Director, heading the in ICICI Bank.[3] It took herten years to get promoted to AGM, but suddenly withinseven years beginning 1994, she got ve successive pro-motions to become Executive director.[6]

3 2006presentIn April 2006, Kochhar was appointed as DeputyManag-ing Director of ICICI Bank. She managed the Corporateand Retail banking business of ICICI Bank. From Octo-ber 2006 to October 2007, she handled the Internationaland Corporate businesses of ICICI Bank. From October2007 to April 2009, Kochhar was also the banks chiefnancial ocer (CFO), Joint managing director (JMD)and the ocial spokesperson. She also headed the Cor-porate Centre of ICICI Bank.[3][7] She is also a directorof dierent ICICI group companies. She is the chair-person of ICICI Bank Eurasia Limited Liability Com-pany and ICICI Investment Management Company Lim-ited. Kochhar is the Vice-Chairperson of ICICI BankUKPLC and ICICI Bank Canada. She is a director in ICICIInternational Limited and ICICI Prudential Life Insur-ance Company Ltd. and part of the Governing Councilin 1964. The ICICI Foundation for Inclusive Growth-Member.[8]

Kochhar is CEO and MD of ICICI Bank fromMay 2009for a period of ve years. She succeeds K. V. Kamath,who was CEO of the bank since 1996.[2][9]

4 RecognitionUnder Kochhars leadership, ICICI Bank won the BestRetail Bank in India award in 2001, 2003, 2004 and2005 and Excellence in Retail Banking Award in 2002;both awards were given by The Asian Banker. Kochharpersonally was awarded Retail Banker of the Year 2004(Asia-Pacic region)" by the Asian Banker, BusinessWoman of the Year 2005 by The Economic Times andRising Star Award for Global Awards 2006 by RetailBanker International. Kochhar has also consistently g-ured in Fortune's list of Most Powerful Women in Busi-ness since 2005.[3] She climbed up the list debuting with

1

2 6 EXTERNAL LINKS

the 47th position in 2005, moving up 10 spots to 37in 2006 and then to 33 in 2007.[10][11] In the 2008 list,Kochhar features at the 25th spot.[12] In 2009, she de-buted at number 20 in the Forbes Worlds 100 MostPowerful Women list. She is the second Indian in thelist behind the Indian National Congress party chief SoniaGandhi at number 13.[4] In 2010, she fell to number 92in the Forbes list, but in 2011 bounced back to 43.[13][14]As of 2014, she ranks at #43.[15]

Kochhar has also consistently gured in Fortune's list ofMost Powerful Women in Business since 2005. In2009, she debuted at number 20 in the Forbes Worlds100 Most Powerful Women list,[16] and climbed tothe 10th spot in 2010.[17] In 2011, she featured inBusiness Today's list of the Most Powerful Women Hall of Fame.[18] In 2011, she also featured in the The50 Most Inuential People in Global Finance List ofBloomberg Markets.[19] Chanda Kochhar was awardedwith ASSOCHAM Ladies League Mumbai Women ofthe Decade Achievers Award on 2 January 2014.[20]

Kochhar is honoured with Padma Bhushan Award, thethird highest civilian honour by the Government of Indiafor the year 2010 for her services to banking sector.[21]

Kochhar was also awarded the ABLF Woman of PowerAward (India)" in 2011 at the Asian Business LeadershipForum Awards.[22]

Kochhar was ranked as the most powerful businesswoman in India in Forbes list of 'The Worlds 100 MostPowerful Women 2013'.[23] Kochhar was also featured inthe Power List 2013 of 25 most powerful women in Indiaby India Today, for the third year in a row.[24]

Kochhar was selected in Time magazines list of the 100Most Inuential People in the World 2015.[25]

5 References[1] Indias ICICI names Chanda Kochhar CEO from May

09. Uk.reuters.com (2008-12-19). Retrieved 2012-01-29.

[2] Chanda Kochhar to head ICICI Bank. Business Standard(2008-12-19). Retrieved 2012-01-29.

[3] Ms. Chanda Kochhar, Joint Managing Director, ICICIBank Limited. ICICI Bank ocial site

[4] Naazneen Karmali (19 August 2009). The 100 MostPowerful Women. Forbes. Retrieved 2009-08-20.

[5] ICICI was emerged into its daughter project ICICI Bankin 2002

[6] Chanda Kochhars Success Story.

[7] EXECUTIVE PROFILE: Chanda Kochhar BA, MMS,ICWAI. Bloomberg BusinessWeek. Retrieved 2012-01-29.

[8] Chanda D. Kochar. Forbes. Retrieved 2012-01-29.

[9] ICICI Bank board clears Kochhar as new MD. Indian Ex-press (2010-02-24). Retrieved 2012-01-29.

[10] 37. Chanda Kochhar. CNN. Retrieved 28 April 2010.

[11] 33.Chanda Kochhar. CNN. Retrieved 28 April 2010.

[12] International Power 50. CNN. 29 September 2008. Re-trieved 28 April 2010.

[13] Worlds 100 Most Powerful Women list. Forbes. 9September 2010. Retrieved 14 September 2011.

[14] Worlds 100Most PowerfulWomen list. Forbes. August2011. Retrieved 14 September 2011.

[15] The Worlds 100 Most Powerful Women. Forbes.Forbes. Retrieved 25 June 2014.

[16] The 100 Most Powerful Women. Forbes. 19 August2009.

[17] Indra Nooyi, Chanda Kochhar among most powerful bizwomen: Fortune. The Times of India. 29 September2010. Retrieved 14 September 2011.

[18] The most powerful women in Indian business. BusinessToday. 2011. Retrieved 14 September 2011.

[19] The 50 Most Inuential People in Global Finance.Bloomberg Markets. Retrieved 14 September 2011.

[20] Template:ICICI Bank

[21] Padma Vibhushan forMontek Ahluwalia, Azim Premji.The Economic Times. 26 January 2011. Retrieved 27 Jan-uary 2011.

[22] ABLF Awards 2011 Winners. Asian Business Leader-ship Forum Awards. Retrieved 1 March 2012.

[23] TheWorlds 100 Most Powerful Women 2013'". Forbes.May 2013.

[24] Fortune names ICICIs Chanda Kochhar as most-powerful Indian woman in business. India Today. 16November 2012.

[25] The 100 Most Inuential People. Retrieved 16 April2015.

6 External links Ocial prole Forbes India: Chanda Kochhars success story

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