The inspiring tale of Chanda Kochhar revolves around a woman who restructured India’s largest domestic bank. Make yourself familiar with her profile by reading this biography.

The inspiring tale of Chanda Kochhar revolves around a woman who restructured India’s largest domestic bank. Make yourself familiar with her profile by reading this biography.

Chanda Kochhar
Born On: November 17, 1961
Born In: Jodhpur, Rajasthan
Career: MD, CEO, ICICI Bank

Born: Chanda Kochhar Born on November 17, 1961 in: Jodhpur, Rajasthan
Profession: MD, CEO, ICICI Bank Chanda Kochhar established herself in India’s male-dominated banking industry. This was no simple errand. In her vocation which reaches out to more than thirty years of involvement, she stayed solid willed and alert. Her assurance to come to the top just developed from one year to another. Kochhar’s career development can be linked to the bank’s growth over the past few years. She was one of the few people who kept up with ICICI bank’s aggressive development run and never faltered in her growth. The ICICI bank has won the title of “Best Retail Bank in India” for the past five years thanks to her sharp strategic planning. According to Forbes, It’s no big surprise then that she has been positioned twentieth among the most influential ladies in business and on the planet. Peruse on to figure out more about how Chanda Kochhar came to the highest point of the corporate heap.

Childhood Chanda Kochhar was born on November 17, 1961, in Jodhpur, Rajasthan. She grew up in Jaipur, Rajasthan. She went on to earn a Bachelor of Arts from Jai Hind College in Mumbai. In the wake of finishing her graduation in 1982, she sought after cost bookkeeping (ICWAI). Later, she received a Wockhardt Gold Medal for Excellence in Management Studies from the prestigious Jamnalal Bajaj Institute of Management Studies in Mumbai for her Master’s degree in management studies. She was awarded the J.N. Bose gold medal for cost accounting in the same year.

Profession
In 1984, after her lords, Chanda Kochhar joined ‘The Modern Credit and Speculation Enterprise of India Restricted’ or ICICI Restricted as an administration learner. In her underlying years in ICICI, she dealt with project examination and observing and different tasks in Petrochemicals, Material and Concrete and Paper. In 1994, she turned into the Associate Senior supervisor and was elevated to the post of Appointee Senior supervisor in 1996. She was in charge of ICICI’s Infrastructure Industry Group. She was made General Manager in 1999 and became the head of ICICI’s “Major Client Group,” which was in charge of relationships with the company’s top 200 clients. She began overseeing ICICI’s Strategy and E-commerce divisions in 1999. Under Kochhar’s authority, ICICI started its retail business in 2000 and in the following five years, turned into the greatest retail financer in India. She was appointed executive director of ICICI bank in 2001. In April 2006, she was selected as the Appointee Overseeing Overseer of ICICI bank and dealt with the corporate and retail banking business of ICICI bank. She served as ICICI’s official spokesperson, Joint Managing Director (JMD), and Chief Financial Officer (CFO) from October 2007 to April 2009. She was likewise the top of the Corporate Focal point of ICICI bank, the head of the ICICI gathering of organizations, Executive of ICICI Bank Eurasia Restricted Obligation Organization and ICICI Speculation The board Organization Restricted. Chanda Kochhar likewise stood firm on the footings of Bad habit Executive of ICICI Bank UK and ICICI Bank Canada and the place of Head of ICICI Worldwide Restricted and ICICI Prudential Extra security Organization Restricted. In May 2009, she was designated as the Overseeing Chief and the Head Working Official of ICICI bank for a term of five years.

Contributions When ICICI decided to establish the ICICI Bank in 1993, Chanda Kochhar was a member of the core team. She decided to keep the bank open for twelve hours a day in 2000, when the organization decided to expand, when other banks were open four to seven hours a day. In addition, she was one of the bankers who developed electronic banking and installed 2000 ATMs throughout India. Under Kochhar’s authority, ICICI was granted the ‘Best Retail Bank in India’ in 2001, 2003, 2004 and 2005. The bank received the “Excellence in Retail Banking Award” in 2002.

Inheritance
Chanda Kochhar is one among the two ladies who is the top of an Indian homegrown bank. Joining the ICICI bank as an administration student, she was instrumental in making ICICI bank the biggest retail financer in India. She is a motivation to ladies everywhere.

Awards And Accolades:-
‘Retail Banker of the Year’ (Asia – Pacific region) by The Asian Banker, 2004
‘Business Woman of the Year’ by The Economic Times, 2005
‘Rising Star Award’ for Global Awards by Retail Banker International, 2006
Featured in the list of ’30 Most Powerful Woman Leaders’ in business for 8 consecutive years from 2002 to 2010
‘Transformational Business Leader of the Year’ by All India Management Association, 2010
Ranked 10th in the Fortune’s List of ‘Most Powerful Women in Business’, 2010
Ranked 92nd in the Forbes List of ‘Most Powerful Women’ in the world, 2010
‘Outstanding Woman Business Leader of the Year’ award by CNBC TV18, 2010′
Ranked 11th in the List of ‘Top 50 Woman in World Business’ by the Financial Times, 2010
Padma Vibhushan, 2011

Timeline:-
1961 – Born in Jodhpur in Rajasthan.
1982 – Completed her graduation and pursued cost accountancy.
1984 – Joined ‘The Industrial Credit and Investment Corporation of India Limited’ or ICICI Limited.
1994 – Became the Assistant General Manager of ICICI bank.
1996 – Became the Deputy General Manager.
1999 – Took over as the General Manager and became the head of ICICI’s ‘Major Client Group’.
2000 – ICICI began its retail business under Kochhar’s leadership.
2001 – Became the executive director of the ICICI bank.
2006 – Appointed as the Deputy Managing Director of ICICI bank.
2009 – Appointed as the Managing Director and the Chief Operating Officer of ICICI bank.
2011 – Awarded Padma Vibhushan.

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