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India's top women bankers


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Old 12-24-2008, 03:14 PM
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Default India's top women bankers

India's banking sector has several women at the helm of affairs. In the corporate world dominated by men, these women have proved their mettle and made significant contribution to their respective businesses.
They are a part of corporate India's success story.



According to Chanda Kochhar who was appointed as ICICI Bank's new chief executive officer, companies must consider merit and not be biased to any gender and women should not expect to be treated differently in any field.
Meet the women who hold top positions in India's banking sector...
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Old 12-24-2008, 03:15 PM
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Default Chanda Kochhar, CEO & MD, ICICI Bank


Chanda Kochhar, CEO & MD, ICICI Bank

Chanda Kochhar will be ICICI Bank's new chief executive officer and managing director with effect from May 1, 2009 for a period of five years. The 47-year old Chanda Kochhar is currently joint managing director of ICICI Bank. Kochhar heads the corporate centre of the bank, is the chief financial Officer (CFO) and is also the official spokesperson for ICICI Bank.
From a management trainee to the post of the ICICI Bank's chief executive officer, it has been a winning journey for Chanda Kochhar.


Image: India's ICICI Bank's new Chief Executive Officer-designate Chanda Kochhar speaks during a news conference in Mumbai. |

Photograph: REUTERS/Punit Paranjpe (INDIA)
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Old 12-24-2008, 03:15 PM
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Naina Lal Kidwai, CEO, HSBC India

Naina Lal Kidwai is the CEO of Hongkong and Shanghai Banking Corporation Limited, India. She took over from from Niall S K Booker on May 5, 2006. She joined HSBC in November 2002 as vice chairman and managing director, HSBC Securities and Capital Markets India Private Limited.


She began her career in banking with ANZ Grindlays Bank (acquired by Standard Chartered bank in 2000)and then moved on to head the Indian operations of Morgan Stanley. She left Morgan Stanley in 2002 to join HSBC India.


Fortune magazine listed Kidwai among the World's Top 50 Corporate Women from 2000 to 2003. She has been awarded with Padma Shri, one of India's highest civilian honours.
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Old 12-24-2008, 03:16 PM
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Usha Thorat, Shyamala Gopinath, RBI Deputy Governors

Kishori J Udeshi was Reserve Bank's first woman deputy governor when she took over in June 2003.

She was followed by Usha Thorat, who took over as Deputy Governor of the Reserve Bank of India in November 2005.
Thorat has been Executive Director of RBI since April 2004.



She is in charge of the department of currency management, deposit insurance and credit guarantee corporation, inspection department, premises department, rural planning and credit department and urban banks department.



Shyamala Gopinath has been RBI's deputy governor since September 21, 2004. She holds a Master's degree in commerce, and is a Certified Associate of the Indian Institute of Banking and Finance.



She joined the RBI as an officer in April 1972, and has worked in different capacities including Executive Director of the RBI from June 2003. She has also served for two years (2001-2003) on deputation to the International Monetary Fund.


Image: Shyamala Gopinath, Dy Governor of RBI. | Photograph, Courtesy: RBI
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Old 12-24-2008, 03:16 PM
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Meera Sanyal, CEO, ABN Amro

Meera Sanyal was appointed as CEO of ABN Amro Bank in December 2007. Sanyal was working as corporate executive vice president and head of services (Asia) of ABN Amro. She was earlier the chief operating officer of the bank.



Sanyal started her career in ANZ Grindlays. She joined ABN Amro in 1992. In 2002, she took over as the managing director of ABN Amro Central Enterprise Services (ACES), the bank's BPO operations.
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Old 12-24-2008, 03:26 PM
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Thumbs up Kalpana Morparia , CEO, JPMorgan Chase and Co


Kalpana Morparia , CEO, JPMorgan Chase and Co

Kalpana Morparia is the chief executive officer of JPMorgan Chase and Co, India. Kalpana Morparia worked for 33 years with the ICICI Group. She became a part of the board of directors in 2001, and later became joint managing director at ICICI Bank.
Morparia was instrumental in developing ICICI's well-diversified financial services business. She also helped strengthen the bank's insurance, asset management and securities businesses.
Morparia is a member of JPMorgan's Asia-Pacific executive committee.

Image: Kalpana Morparia, CEO, JPMorgan Chase and Co
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Old 12-24-2008, 03:26 PM
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Thumbs up Manisha Girotra, chairperson, UBS Warburg India


Manisha Girotra, chairperson, UBS Warburg India

Manisha Girotra is the chairperson of UBS Warburg India. Girotra is responsible for all investment banking activities of the group in India since December 2002.

Girotra has over 18 years of experience in investment banking. Girotra has worked on the privatisation of the Indian Petrochemicals Corporation, Tata-SIA's bid for Air India and Scottish & Newcastle's investment in the UB group.



A gold medallist from the Delhi School of Economics and a topper in Economics (Honours) from St. Stephen's, New Delhi she holds a postgraduate degree in economics.



She worked with Grindlays for two years. She also worked with Barclays for about four years.



Image: Manisha Girotra, managing director of UBS Securities India.| Photograph: REUTERS/Stringer (INDIA)
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Old 12-24-2008, 03:27 PM
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Default Ranjana Kumar, former CEO Indian Bank


Ranjana Kumar, former CEO Indian Bank

Ranjana Kumar was the first woman CEO of a nationsalised bank. Kumar took over the Chennai-based Indian Bank in May 2000. She played a key role in turning around the loss making bank.

Kumar has also worked as Executive Director of Canara Bank, Bangalore.
She started her career as a probationary officer in Bank of India in 1966. In 1995, she was elevated as General Manager. Later, she took over as Senior Vice-President and Chief Executive of Bank of India, overseeing the US operations, based in New York.



Ranjana Kumar took over as chairperson of the National Bank for Agriculture and Rural Development in November 2003. Kumar, who played a pivotal role in turning around the ailing Indian Bank, will be the first woman to head the NABARD.



She is currently serving as Vigilance Commissioner in Central Vigilance Commission.


Image: Ranjana Kumar | Photograph, courtesy: Symbiosis Institute
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Old 12-24-2008, 03:27 PM
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Default Falguni Nayar, Managing Director, Kotak Mahindra Capital


Falguni Nayar, Managing Director, Kotak Mahindra Capital

Falguni Nayar is the managing director of Kotak Mahindra Capital. Falguni worked with A F Ferguson for about 8 years before joining Kotak Mahindra in 1993. Her husband is Sanjay Nayar, former citigroup CEO who joined Kohlberg Kravis Roberts (KKR) as its India CEO.
Nayar is an IIM-Ahmedabad graduate.
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Old 12-24-2008, 03:28 PM
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Default Vedika Bhandarkar, MD, JPMorgan India


Vedika Bhandarkar, MD, JPMorgan India

Vedika Bhandarkar is the managing director of JPMorgan India. She has been heading the investment banking division of JP Morgan India since 1998 and in March 2004, she was also appointed managing director of the firm.



Bhandarkar has been in financial services for 14 years. An IIM graduate has played a key role in many significant deals like ONGC's acquisition of MRPL from the AV Birla group.



Image: Vedika Bhandarkar, JPMorgan's head of investment banking in India. | Photograph: REUTERS/Stringer (INDIA)
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