ICICI is the country's largest privately owned bank and calling the shots at its top is joint MD and Chief Executive Officer Chanda Kochhar. In her decades long association with the bank, Kochhar has played a pivotal part in the restructuring ICICI from a corporate bank to retail bank.
Recollecting her life’s experience over the past twenty years Kocchar says, "The organization has grown and evolved substantially in these last 20 years. Normally, we define banks as being either retail or corporate, but ICICI transformed itself from a corporate bank into a retail bank, and now a universal bank. So although I’ve been with the same organization for the last 20 years, I’ve created and run different businesses. I joined on the corporate side of the bank. Then, when infrastructure financing became a big thing in India, I set up the infrastructure-financing practice for the bank. When commercial banking opened up for the private sector, I set up the retail-banking division for ICICI and grew it substantially. I then ran the international side of the ICICI Bank for a few years. Having run all the businesses, I’m now a supervisor, overseeing a number of functions: finance, risk, audit, compliance, industrial relations, all those kind of things. It’s been a great journey for me."
Here are a few inspirational quotes by the leading businesswoman Chanda Kochhar.