Congratulations to Ms. Chanda Kochhar, MD & CEO, ICICI Bank for being Featured in TIME 100 Most Influential People of 2015.
A Banker With Vision And Reach
You can’t miss Chanda Kochhar as she walks through the Congress Centre at the World Economic Forum in Davos, Switzerland, or into a meeting of the board of directors of the Institute of International Finance, always resplendent in an elegant sari.
Her calm, soft-spoken and understated demeanor belies her strength of conviction and clarity of thought.
When Chanda speaks, people listen carefully.
She has shaped retail banking in India ever since she assumed her pivotal role in establishing ICICI Bank during the 1990s. As managing director and CEO since 2009, she has brought India’s largest private bank a global vision and impressive returns, while also reaching out to the nation’s masses with branches in remote villages where banks simply didn’t exist.
When young women turn to her for advice, she tells them to put aside their unconscious inhibitions, saying, “Don’t give up on something just because you think you can’t do it.”
I have yet to find anything Chanda can’t do. She’s a first-class leader, strategist and friend.
By Anshu Jain. He’s a co–chief executive officer of Deutsche Bank
Quotes from Chanda Kochhar in the past
Clearly, for an organization to move on, it is the job of the leader to be that sponge that takes the stress from inside and the outside.
India’s growth drivers are actually two growth drivers. One is consumption, which arises out of our demographic advantage. And the other is the investments. Because we need a lot of investment in the country.
I chose to be a working wife and mother. Why should I compromise on either?
Thankfully I have an ecosystem of in-laws, parents and husband, who are my rocks.
There were so many occasions when I wasn’t around for my kids or my husband. But we learnt to work around it.
I always believe that, as you start out, while you should have a big dream – a big goal – but it’s also important to move step by step. So, you know, frankly, if you ask me, when I started as a management trainee in 1984, I don’t know that I really thought that I would become the CEO.
What my parents believed was that, you know, the best wealth they could give to us children was to educate us and, you know – give us that foundation.
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