Kochhar has reshaped retail banking in India, building ICICI into the nation’s largest and most profitable private sector lender, with assets of $103 billion and profit of $1.8 billion last year. The 30-year veteran has gone after India’s unbanked villages, adding over 2000 rural and suburban branches. Kochhar, who made history six years ago as the first female boss of a private bank in India, wields serious global clout: she serves as President of the International Monetary Conference—a significant gathering of 70 CEOs of the world’s largest banks, along with finance ministers and central bank governors, hosted annually by the American Bankers Association. —Rupali Arora
Personal Information
Country/Territory | India |
Previous Rank | 2 |
Newcomer? | NO |
Company Information
2014 Revenues | 14,753 |
2014 Profits | 2,003 |
Market Value (as of 09/01/15) | 23,238 |