Women Enterpreneurship


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Women Enterpreneurship

Chan da Ko char The Brand Name of ICICI Introduction ● “Chanda Kochhar (born November 17, 1961) is currently the Managing Director (MD) of ICICI Bank and Chief Executive Officer (CEO)”. ● “ICICI Bank is India's largest private bank and overall second largest bank in the country. She also heads the Corporate Centre of ICICI Bank”. Career ● Chanda Kochhar started her professional career in the year 1984 and can be divided into three phases. ● 1984-1993 ● The first phase is that from year 1984-1993. It was the year 1984 that she joined “The industrial credit and investment corporation of India Ltd”(ICICI ltd) as a management trainee. In her initial year in ICICI , she handled project appraisal and monitoring and various projects in petrochemicals, textile and cement and paper. ● 1993-2006 ● The second phase was from 1993-2006. It was in this intermediate phase of her life that she was sent to be a part of a core team of bank and set it right. After 10 years of working in the same bank she was given the responsibility to be the General Manager in 1994 followed by which she became the Deputy General Manager in the year 1996. She headed the infrastructure Industry Group of ICICI. ● In 1999, she was promoted as the General Manager and became the head of ICICI’s ‘Major Client Group’ which handled relationships with top 200 clients of the organisation. In the same year she started handling the strategy and E-commerce divisions of ICICI. Under Kochhar’s leadership, ICICI began its retail business in 2000 and in the next five years ,became ‘The biggest retail financer in India. In 2001, she became the Executive Director of ICICI Bank. ● 2006-till now ● Finally the third phase started in 2006 and continuing till now. In April 2006, Chanda kochhar was given the designation of Deputy Managing Director of ICICI Bank . Using her unique skills she started to handle both international and corporate business of ICICI Bank .Her designation was also advanced to Chief Financial Officer(CFO),Joint Managing Director(JMD) and also the Official spoke person from 2007 to 2009. ● Kochhar is the Vice-Chairperson of ICICI Bank UK and ICICI Bank Canada. ● She is a director in ICICI International Limited and ICICI Prudential Life Insurance Company Ltd Honors And Awards ● Under Kochhar`s leadership, ICICI Bank won the Best Retail Bank in India award in 2001, 2003, 2004 and 2005. ● Kochhar personally was awarded Retail Banker of the Year 2004 (Asia-Pacific region) by the Asian Banker. ● Business Woman of the Year 2005 by The Economic Times. ● Kochhar has also consistently figured in Fortune`s list of Most Powerful Women in Business since 2005. She climbed up the list debuting with the 47th position in 2005, moving up 10 spots to 37 in 2006 and then to 33 in 2007. In the 2008 list, Kochhar features at the 25th spot. Conclusion ● Chanda Kochhar rightly said “A woman’s belief in her own abilities is the first step on the path to the professional & personal fulfillment” . Thank You