MD& CEO ,ICICI Bank
Ms. Chanda Kochhar is the Managing Director and Chief Executive Officer of ICICI Bank Limited, India’s largest private sector bank. She is widely recognised for her role in shaping the retail banking sector in India and for her leadership of the ICICI Group, as well as her contributions to various forums in India and globally. Ms. Kochhar began her career, with erstwhile ICICI Limited in 1984 and was elevated to the Board of Directors of ICICI Bank in 2001. She was instrumental in establishing ICICI Bank during the 1990s, and subsequently headed the infrastructure finance and corporate banking business in ICICI Limited. In 2000, she took on the challenge of building the nascent retail business, with strong focus on technology, innovation, process reengineering and expansion of distribution and scale. The Bank achieved a leadership position in this business. During 2006-2007, she successfully led the Bank’s corporate and international banking businesses during a period of heightened activity and global expansion by Indian companies. From 2007 to 2009, she was the Joint Managing Director & Chief Financial Officer during a critical period of rapid change in the global financial landscape. She was elevated as Managing Director & CEO of ICICI Bank in 2009 and is responsible for the Bank’s diverse operations in India and overseas. She also chairs the boards of the Bank’s principal subsidiaries, which include India’s leading private sector life and general insurance companies.
In addition to her responsibilities at the ICICI Group, Ms. Kochhar is a member of the India – Japan Business Leaders Forum and the US-India CEO Forum. She is currently the President of the International Monetary Conference, an organization that annually brings together the chief executives of approximately 70 of the world’s largest financial institutions from 30 countries, along with officials from government institutions. She is also the Deputy Chairperson of the Indian Banks Association. She is on the boards of Indian Council for Research on International Economic Relations, National Institute of Securities Markets and Institute of International Finance.
Ms. Kochhar has been a member of the Prime Minister’s Council on Trade & Industry, the Board of Trade and High-Level Committee on Financing Infrastructure. She was also co-chair of the World Economic Forum’s Annual Meeting in 2011.
Ms. Kochhar received an honorary Doctor of Laws from Carleton University, Canada in 2014. The university conferred this award on Ms. Kochhar in recognition of her pioneering work in the financial sector, effective leadership in a time of economic crisis and support for engaged business practices.
She was conferred with the Padma Bhushan, one of India’s highest civilian honours, in 2011.