ICICI Kochhar

ICICI Bank board, on Friday, named joint managing director and CFO Chanda Kochhar as the bank’s chief executive officer and managing director. She will take over from K V Kamath, the bank’s current CEO and MD, when his term ends Kochhar is already managing the bank’s day-to-day affairs and is seen as the front runner to succeed Kamath, especially after Nachiket Mor, former deputy managing director, moved to ICICI Foundation. In the process of transforming a small bank into the largest private sector bank in the country, within a decade of its inception, the various steps taken by her also shaped the retail finance industry in India.

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