Google+ Consumer Psyche: Chanda Kochar, CEO, ICICI Bank

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Tuesday, December 9, 2008

Chanda Kochar, CEO, ICICI Bank

If everything goes well, She might be ICICI Bank's next CEO.

46 Years Old, Ms. Chanda D. Kochhar holds a management degree from the Jamnalal Bajaj Institute of Management Studies, Mumbai and a degree in cost and works accountancy from the Institute of Cost and Works Accountants of India. She started her career in 1984 with ICICI in its project finance department and has worked in the areas of corporate credit, infrastructure financing, e-commerce, strategy and retail finance. Ms. Kochhar was designated a Senior General Manager of ICICI in 2000 .

Ms Kochhar is also responsible for the global treasury, principal investments & trading, risk management and legal functions. She joined the erstwhile ICICI as a management trainee in 1984, and has handled major business streams like retail, corporate and international banking in the past few years.

The appointment of the next CEO would free up a board berth, and among the senior officials who could be considered for the slot are ICICI Lombard ED Vishakha Mulye, and NS Kannan and Bhargav Dasgupta, EDs of ICICI Prudential Life Insurance. The bank had chosen a long and unconventional process of picking the new CEO. Mr Kamath had taken the help of professor Wayne Brockbank of University of Michigan’s Ross School of Business to obtain independent data on the leadership attributes of senior officials shortlisted for the job.

Initially, Mr Vaghul, along with Mr Kamath, had created a list of 12 senior officials in the ICICI group who were perceived as potential candidates.
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