ICICI Bank on 4th October 2018, Thursday said that it has accepted Chanda Kochhar's request for early retirement. The board decided to appoint Sandeep Bakhshi as managing director and chief executive officer.
Chanda Kochhar has listed herself as one of the 50 most powerful women in business in the Fortune Global 2014 analysis. This Indian lady is world renowned for her corporate leadership and bold decision making skills.
Being an important persona of the core ICICI team she helped the organisation empower its wings and fly at distant skies. Her vision was far beyond the local level. It was she had the courage to keep working hours of the bank be 12 hours whereas rest all brands worked for 7 hours in a day.
ICICI bank received the recognition to be the “Best Retail Bank in India” for the years 2001, 2003, 2004 and 2005 under her lead.
The direction of her life transformed when she joined the ICICI or The Industrial Credit and Investment Corporation of India Limited as their trainee management in the year 1984. There was no looking back since then. Year 1994 saw Chanda become the Assistant General Manager while in the year 1996 she became the Deputy General Manager.
Chanda Kochhar has listed herself as one of the 50 most powerful women in business in the Fortune Global 2014 analysis. This Indian lady is world renowned for her corporate leadership and bold decision making skills.
Being an important persona of the core ICICI team she helped the organisation empower its wings and fly at distant skies. Her vision was far beyond the local level. It was she had the courage to keep working hours of the bank be 12 hours whereas rest all brands worked for 7 hours in a day.
ICICI bank received the recognition to be the “Best Retail Bank in India” for the years 2001, 2003, 2004 and 2005 under her lead.
The direction of her life transformed when she joined the ICICI or The Industrial Credit and Investment Corporation of India Limited as their trainee management in the year 1984. There was no looking back since then. Year 1994 saw Chanda become the Assistant General Manager while in the year 1996 she became the Deputy General Manager.
For her challenges are no more confined to achieving scale but of aligning strategy of organization with changed environment.
A mother of two, Kochhar efficiently juggles her career with family. She never slacks in her 24-hour schedule and utilises her breathing time to go through mails, telephonic conferences or to catch up on sleep. Her appointment as the head honcho of ICICI is an inspiration for all the women aspiring to make a mark in the corporate world.
Her name got the rank to be the 11th in the Financial Times list for the “Top 50 Woman in World Business. She was awarded the Padma Vibhushan in the year 2011
Since at present Chanda Kochhar is under enquiry on alleged charges of nepotism hence , true to her credentials & professional character , she has proceeded on leave till the completion of enquiry, so that conflict of interest doesn't' happen.
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