Chanda Kochhar was born on November 17, 1961, in Jodhpur, Rajastan, India and raised in Jaipur, Rajasthan. Chanda is a graduate of the St. Angela Sophia School, Jaipur. She then moved to Mumbai and entered Jai Hind College for a Bachelor of Arts degree graduating in 1982. Chanda then proceeded to study cost accountancy at ICWAI. She lated earned a master’s degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai.
Chanda joined the Industrial Credit and Investment Corporation of India in 1984 as a management trained after she finished he master’s degree. She then was sent to ICIC Bank in 1993. Chanda rose through the ranks and eventually became CEO and Managing Director in May 2009.
She has been acknowledged as doing a fantastic job in leading a transformation of India’s largest private bank which had undergone major setbacks after the 2008 financial crisis. She leads a bank with close to $125 million in assets and has been producing admirable profits. She has also been praised for using “mobile banking” as a model for low cost expansion.
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