Chanda Cochar

8/8/2019 Chanda Cochar

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CHANDA KOCHAR

CEO OF THE ICICI BANK


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Contents

Introduction

Early life

Career

1993 join the ICICI Bank

2006 appointed Deputy Manager

Recognition


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Chanda Kochar

Currently the CEO of ICICI Bank, Indiassecond-largest Bank,

.

Holds a degree in cost and worksaccountancy from the Institute of Cost andWorks Accountants of India and also holds amanagement degree from Jamna lal BajajInstitute of Management Studies, Mumbai.

Currently she is responsible for internationalas well as wholesale banking. An example in the corporate world of being a

womann leading Indias largest private sectorbank.


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Early life

Chanda Kochhar was born in Jodhpur

, Rajasthan and raised

in Jaipur

, Rajasthan. She then moved to Mumbai

, where

she joined Jai Hind College for aBachelor of Arts degree.After graduating in 1982 she then pursued MBA and Cost

Accountancy(ICWAI). Later, she acquired the MastersDegree in Management Studies from theprestigious Jamnalal Bajaj Institute of Management

Studies

, Mumbai. She received the Wockhardt Gold Medalfor Excellence in Management Studies as well as the J. N.

Bose Gold Medal in Cost Accountancy for highest marks inthe same year.


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Personal life

Chanda Kochhar was born in November 17,

1961 in Jodhpur, Rajasthan. She completed

her Bachelor of Arts degree from Jai HindCollege, Mumbai. Later, she joined the

Jamnalal Bajaj Institute of Management

Studies for the Masters Degree in

Management Studies. She has two children, ason and a daughter.


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career 19841993

In 1984, Chanda Kochhar joined "TheIndustrial Credit and Investment Corporationof India Ltd" or ICICI Ltd as a Managementtrainee after her Masters. In her early years in

ICICI, she handled Project Appraisal andMonitoring and projects in various industrieslike Petrochemicals, Textile, Paper andCement


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1993 join to ICICI Bank

In 1993, Kochhar was sent to ICICI bank as part of a core team toset the bank. She was promoted to Assistant General Manager in1994 and then to Deputy General Manager in 1996. In 1996,

Kochhar headed the newly formed the Infrastructure IndustryGroup of ICICI, which aimed "to create dedicated industryexpertise in the areas of Power, Telecom and Transportation". In1998, she was promoted as the General Manager and headedICICI's Major Client Group, which handled relationships withICICI's top 200 clients. In 1999, she also handled the Strategy andE-commerce divisions of ICICI. Under Kochhar's leadership, ICICIbank started the Retail business in July 2000 and emerged thelargest retail financer in India, in the next five years. In April 2001,she took over as Executive Director, heading the in ICICI


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2006- appointed Deputy Manager

In April 2006, Chanda Kochhar was appointed as Deputy ManagingDirector of ICICI Bank. She managed the Corporate and Retail bankingbusiness of ICICI Bank. From October 2006 to October 2007, she handledthe International and Corporate businesses of ICICI Bank. From October2007 to April 2009, Kochhar was also the bank's Chief FinancialOfficer (CFO), Joint Managing Director (JMD) and the officialspokesperson. She also headed the Corporate Centre of ICICIBank.[5][6] She is also a director of different ICICI group companies. She isthe chairperson of ICICI Bank Eurasia Limited Liability Company andICICI Investment Management Company Limited. Kochhar is the Vice-Chairperson of ICICI Bank UK PLC and ICICI Bank Canada. She is a

director in ICICI International Limited and ICICI Prudential Life InsuranceCompany Ltd. and part of the Governing Council in The ICICI Foundationfor Inclusive Growth-Member.

Kochhar is CEO and MD of ICICI Bank from May 2009 for a period of fiveyears. She succeeds K. V. Kamath, who was CEO of the bank since 1996.


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Recognition

Under Kochhar's leadership, ICICI Bank won the Best Retail Bankin India award in 2001, 2003, 2004 and 2005 and Excellence inRetail Banking Award in 2002; both awards were given bythe The Asian Banker. Kochhar personally was awarded "Retail

Banker of the Year 2004 (Asia-Pacific region)" by theAsian

Banker, "Business Woman of the Year 2005" by The EconomicTimes and "Rising Star Award" for Global Awards 2006 by RetailBanker International. Kochhar has also consistently figuredin Fortune's list of "Most Powerful Women in Business" since2005. She climbed up the list debuting with the 47th position in2005, moving up 10 spots to 37 in 2006 and then to 33 in 2007. In

the 2008 list, Kochhar features at the 25th spot. In 2009, shedebuted at number 20 in the Forbes "World's 100 Most PowerfulWomen list". She is the second Indian in the list behind theruling Indian National Congress party chiefSonia Gandhi atnumber 13.


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Honors & Awards

Under Kocchar`s leadership, ICICI Bank won the Best RetailBank in India award in 2001, 2003, 2004 and 2005 and

Excellence in Retail Banking Award in 2002; both awardswas given by the The Asian Banker. Kocchar personally wasawarded Retail Banker of the Year 2004 (Asia-Pacific region)by the Asian Banker, Business Woman of the Year 2005 byThe Economic Times and Rising Star Award for GlobalAwards 2006 by Retail Banker International. Kocchar has

also consistently figured in Fortune`s list of Most PowerfulWomen in Business since 2005. She climbed up the listdebuting with the 47th position in 2005, moving up 10 spotsto 37 in 2006 and then to 33 in 2007. In the 2008 list,Kocchar features at the 25th spot.


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Conclusion

Chanda kochar is entrepreneur in India s

second largest ICICI bank.


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Thank you

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Chanda Cochar