Chanda Kochhar

Chanda Kochhar (Born 17 November 1961) is the managing director (MD) of ICICI Bank and its chief executive ocer (CEO). ICICI Bank is India's largest private
bank and overall second largest bank in the country.[1][2]
She also heads the Corporate Centre of ICICI Bank.

top 200 clients. In 1999, she also handled the Strategy

and E-commerce divisions of ICICI. Under Kochhars
leadership, ICICI bank started the Retail business in July
2000 and emerged the largest retail nancer in India, in
the next ve years. In April 2001, she took over as Executive Director, heading the in ICICI Bank.[3] It took her
ten years to get promoted to AGM, but suddenly within
seven years beginning 1994, she got ve successive promotions to become Executive director.[6]

Early life

Chanda was born in Jodhpur, Rajasthan and raised in

Jaipur, Rajasthan. She is an alumnus of St. Angela
Sophia School, Jaipur. She then moved to Mumbai,
where she joined Jai Hind College for a Bachelor of Arts
degree. After graduating in 1982 she then pursued Cost
Accountancy ICWAI, Later, she acquired the Masters
degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai. She received
the Wockhardt Gold Medal for Excellence in Management Studies as well as the J. N. Bose Gold Medal in Cost
Accountancy for highest marks in the same year.[3]

3 2006present

In April 2006, Kochhar was appointed as Deputy Managing Director of ICICI Bank. She managed the Corporate
and Retail banking business of ICICI Bank. From October 2006 to October 2007, she handled the International
and Corporate businesses of ICICI Bank. From October
2007 to April 2009, Kochhar was also the banks chief
nancial ocer (CFO), Joint managing director (JMD)
and the ocial spokesperson. She also headed the CorKochhar resides in Mumbai, and is married to Deepak
porate Centre of ICICI Bank.[3][7] She is also a director
Kochhar, a wind energy entrepreneur and her business
of dierent ICICI group companies. She is the chairschool mate. She has two children, a son, Arjun, and a
person of ICICI Bank Eurasia Limited Liability Comdaughter, Aarti.[3][4]
pany and ICICI Investment Management Company Limited. Kochhar is the Vice-Chairperson of ICICI Bank UK
PLC and ICICI Bank Canada. She is a director in ICICI
2 Careers
International Limited and ICICI Prudential Life Insurance Company Ltd. and part of the Governing Council
in 1964. The ICICI Foundation for Inclusive Growth2.1 19841993
Member.[8]
In 1984, Kochhar joined the Industrial Credit and Invest- Kochhar is CEO and MD of ICICI Bank from May 2009
ment Corporation of India Ltd. (ICICI).[5] as a manage- for a period of ve years. She succeeds K. V. Kamath,
ment trainee after her Masters degree. In her early years who was CEO of the bank since 1996.[2][9]
in ICICI, she handled Project Appraisal and Monitoring
and projects in various industries like Textile, Paper and
Cement.[3]

4 Recognition

2.2

19932008

Under Kochhars leadership, ICICI Bank won the Best

Retail Bank in India award in 2001, 2003, 2004 and
2005 and Excellence in Retail Banking Award in 2002;
both awards were given by The Asian Banker. Kochhar
personally was awarded Retail Banker of the Year 2004
(Asia-Pacic region)" by the Asian Banker, Business
Woman of the Year 2005 by The Economic Times and
Rising Star Award for Global Awards 2006 by Retail
Banker International. Kochhar has also consistently gured in Fortune's list of Most Powerful Women in Business since 2005.[3] She climbed up the list debuting with

In 1993, Kochhar was sent to ICICI bank as part of a core

team to set the bank. She was promoted to Assistant General Manager in 1994 and then to Deputy General Manager in 1996. In 1996, Kochhar headed the newly formed
Infrastructure Industry Group of ICICI, which aimed to
create dedicated industry expertise in the areas of Power,
Telecom and Transportation. In 1998, she was promoted as the general manager and headed ICICIs Major
Client Group, which handled relationships with ICICIs
1

the 47th position in 2005, moving up 10 spots to 37

in 2006 and then to 33 in 2007.[10][11] In the 2008 list,
Kochhar features at the 25th spot.[12] In 2009, she debuted at number 20 in the Forbes Worlds 100 Most
Powerful Women list. She is the second Indian in the
list behind the Indian National Congress party chief Sonia
Gandhi at number 13.[4] In 2010, she fell to number 92
in 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 of
Most Powerful Women in Business since 2005. In
2009, she debuted at number 20 in the Forbes Worlds
100 Most Powerful Women list,[16] and climbed to
the 10th spot in 2010.[17] In 2011, she featured in
Business Today's list of the Most Powerful Women
Hall of Fame.[18] In 2011, she also featured in the The
50 Most Inuential People in Global Finance List of
Bloomberg Markets.[19] Chanda Kochhar was awarded
with ASSOCHAM Ladies League Mumbai Women of
the Decade Achievers Award on 2 January 2014.[20]

EXTERNAL LINKS

[9] ICICI Bank board clears Kochhar as new MD. Indian Express (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. Retrieved 28 April 2010.
[13] Worlds 100 Most Powerful Women list. Forbes. 9
September 2010. Retrieved 14 September 2011.
[14] Worlds 100 Most Powerful Women list. Forbes. August
2011. Retrieved 14 September 2011.
[15] The Worlds 100 Most Powerful Women.
Forbes. Retrieved 25 June 2014.

Forbes.

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

2009.
[17] Indra Nooyi, Chanda Kochhar among most powerful biz
women: Fortune. The Times of India. 29 September
2010. Retrieved 14 September 2011.

Kochhar is honoured with Padma Bhushan Award, the

third highest civilian honour by the Government of India [18] The most powerful women in Indian business. Business
Today. 2011. Retrieved 14 September 2011.
for the year 2010 for her services to banking sector.[21]
Kochhar was also awarded the ABLF Woman of Power [19] The 50 Most Inuential People in Global Finance.
Bloomberg Markets. Retrieved 14 September 2011.
Award (India)" in 2011 at the Asian Business Leadership
Forum Awards.[22]
[20] Template:ICICI Bank
Kochhar was ranked as the most powerful business
[21] Padma Vibhushan for Montek Ahluwalia, Azim Premji.
woman in India in Forbes list of 'The Worlds 100 Most
The Economic Times. 26 January 2011. Retrieved 27 JanPowerful Women 2013'.[23] Kochhar was also featured in
uary 2011.
the Power List 2013 of 25 most powerful women in India
[22] ABLF Awards 2011 Winners. Asian Business Leaderby India Today, for the third year in a row.[24]
Kochhar was selected in Time magazines list of the 100
Most Inuential People in the World 2015.[25]

References

[1] Indias ICICI names Chanda Kochhar CEO from May

09. Uk.reuters.com (2008-12-19). Retrieved 2012-0129.
[2] Chanda Kochhar to head ICICI Bank. Business Standard
(2008-12-19). Retrieved 2012-01-29.
[3] Ms. Chanda Kochhar, Joint Managing Director, ICICI
Bank Limited. ICICI Bank ocial site
[4] Naazneen Karmali (19 August 2009). The 100 Most
Powerful Women. Forbes. Retrieved 2009-08-20.
[5] ICICI was emerged into its daughter project ICICI Bank
in 2002
[6] Chanda Kochhars Success Story.
[7] EXECUTIVE PROFILE: Chanda Kochhar BA, MMS,
ICWAI. Bloomberg BusinessWeek. Retrieved 2012-0129.
[8] Chanda D. Kochar. Forbes. Retrieved 2012-01-29.

ship Forum Awards. Retrieved 1 March 2012.

[23] The Worlds 100 Most Powerful Women 2013'". Forbes.
May 2013.
[24] Fortune names ICICIs Chanda Kochhar as mostpowerful Indian woman in business. India Today. 16
November 2012.
[25] The 100 Most Inuential People. Retrieved 16 April
2015.

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

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Chanda Kochhar Source: http://en.wikipedia.org/wiki/Chanda%20Kochhar?oldid=657313323 Contributors: Utcursch, Gscshoyru, Discospinster, SlaveToTheWage, BD2412, Rjwilmsi, Bhadani, Ground Zero, DaGizza, Bgwhite, Moe Epsilon, Allens, Desertrose815,
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