Chanda Kochhar is Former CEO/Managing Director at Icici Bank Ltd. See Chanda D Kochhar’s compensation, career history, education, & memberships. ICICI CEO Chanda Kochhar has overcome doubters and naysayers to leave a lasting mark on global finance. Here are a few lessons from her journey. Chanda Kochhar, managing director and CEO of India’s ICICI Bank, knows a thing . “But now the whole customer profile has changed,” he argued, going on to.
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She, in fact, was the first woman to head a large lender in the country. There was no looking back since then. Inshe got promoted to assistant general manager post, and then to deputy manager in Angela Sophia School, Jaipur. Of course, there have been a few stumbles along the way, and changing mindsets and fighting gender bias is a slow and laborious process, but Chanda continues to let her results do the talking, taking every challenge as cuanda comes.
Inshe was made head of the newly formed Infrastructure Industry Group of ICICI Bank which aimed to create industry expertise in areas of power, telecom and transportation. They even set up 3, ATMs in rural areas to meet the demand surfacing from rural households.
Citing this as unfortunate, Chanda implores them to reconsider such decisions as women have an innate ability to multitask and handle multiple responsibilities. As a result, ICICI came out almost unscathed from the aftermath of the meltdown, and as a stronger outfit.
Kochhar has also consistently figured in Fortune’ s list of “Most Powerful Women in Business” since The fall of a feisty woman who broke the glass ceiling. Bose gold medal award for her outstanding performance in Cost Accountancy. Please complete this form and click the Download button to gain instant access.
Even though her birth place is Jodhpur, she was raised in Jaipur, Rajasthan. Share on Facebook Share on Twitter. Chanda is a big believer in having hands-on experience as it lets individuals test the execution of their decisions and better understand the thought process involved. Her vision was far beyond the local level. Following above you will read today motivational story of Chanda Kochhar: Archived from the original on 16 July From the B Schools. Inshe was conferred with Padma Bhushan award, the third highest civilian award in India.
All Comments Your Activity. These were allegedly bought to the attention of Prime Minister Narendra Modi’s office repeatedly by investor Aravind Gupta but action seeems to have been allegedly initiated only after the media particularly ‘The Indian Express’ reported on it.
The year-old Kochhar, who rose to occupy the corner office at the largest private sector lender, was mired in allegations of conflicts of interest, lack of disclosures and quid pro-quo while extending loans to the now bankrupt Videocon Industries. She was an extremely enlightened student and earned recognition of the Wockhardt Gold Medal for her excellence in Management studies. Read Post a comment. An eternal optimist she does not shriek profilr from challenges. She is one of the few bankers who envisioned the idea of ATM machine installations throughout India promoting electronic banking in a large scale.
With India caught in a tailspin as a result of the financial meltdown, the economic downturn wreaked havoc in all sectors, especially banking, and it was truly a baptism by fire for Chanda Kochhar.
In her eight-year journey as CEO of ICICI Bank, Chanda Kochhar has broken every presumption, shut down her critics, and redefined what it takes to succeed in the global financial sector, not just as a woman but as a leader. NDTV Beeps – your daily newsletter. At the same time, it is also important to keep a close eye on the little things within the organisation, kpchhar as to recognise impending crises and head them off early.
Kochhar has also consistently figured in Fortune ‘s list of “Most Powerful Women in Business” since Setting the example for fearless leadership Even as the world is just coming to terms with women leadership, leaders oochhar Chanda help eliminate archaic beliefs and nuances about women in leadership. Chanda triumphantly led ICICI out of the insecure period through some tough decisions and paradigm kochhar in strategy.
A true inspiration for all men and women is Chanda Kochhar. At the same time, it is important not to slip into the trap of micro-management and to give your employees the space they need to deliver their best.
To verify, just follow the link in the message. Byshe had taken over as the executive director, and in she became the deputy managing director of ICICI bank. We have sent you a verification email.
The Indian Express also reported similar transactions and favourable loans granted by Kochhar allegedly to Essar group which was also later classified as NPA’s. Under Kochhar’s leadership, ICICI Bank started building the nascent retail business in focusing largely on technology, innovation, process engineering and expansion of distribution and scale.
She never slacks in her hour schedule and utilises her breathing time to go through mails, telephonic conferences or to catch up on sleep. Retrieved 28 April Inshe was made the head of a group established by ICICI bank which created an Infrastructure Industry Group to tap power, telecom and transportation industry.
According to an anonymous whistleblower Kochhar allegedly favoured Videocon Group in lending practices. Useful Resources Mocktest Take Test.
Her proficient leadership helped the bank in building the retail business and she focused more on important factors like technology, innovation, process engineering and expansion of distribution and scale.