Chanda Kochhar was born in November 17, 1961 in Jodhpur, Rajasthan. She completed her Bachelor of Arts degree from Jai Hind College, Mumbai. Later, she joined the Jamnalal Bajaj Institute of Management Studies for the Masters Degree in Management Studies. She has two children, a son and a daughter.
She is the Chief Executive Officer (CEO) and Managing Director (MD) of the bank in May 2009. She is currently the Joint Managing Director (JMD) of ICICI Bank. She is also the bank`s the Chief Financial Officer (CFO) and the official spokesperson & that`s not all. She also heads the Corporate Centre of ICICI Bank.
Chanda Kochhar joined ICICI as a Management trainee after her Masters in the year 1984. After 9 years of hard work, Kocchar was appointed as part of core team to set the ICICI bank. She got promotion in 1994 & 1996 as Assistant General Manager and then Deputy General Manager respectively. In 1998, she was promoted as the General Manager with role of handling relationships with ICICI`s top 200 clients. In April 2001, she was promoted as Executive Director, heading the retail business in ICICI Bank. In April 2006, Chanda Kocchar was appointed as Deputy Managing Director of ICICI Bank.
Honors & Awards
Under Kocchar`s leadership, ICICI Bank won the Best Retail Bank in India award in 2001, 2003, 2004 and 2005 and Excellence in Retail Banking Award� in 2002; both awards was given by the The Asian Banker. Kocchar 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 and Rising Star Award for Global Awards 2006 by Retail Banker International. Kocchar 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, Kocchar features at the 25th spot.