The country's largest private-sector banking conglomerate, ICICI Bank,is in for a major top-management shake-up with two business heads private equity arm's Renuka Ramnath and life insurance unit's Shikha Sharma likely to put in their papers soon.
Sharma is reportedly looking to join Axis Bank as its chief, while Ramnath could look at starting her own private equity venture. These developments come days ahead of Chanda Kochhar taking over as CEO and MD of ICICI Bank from K V Kamath, who would then be an non-executive chairman.
On the other end,HSBC names Naina Lal Kidwai as India head elevated from the chief executive post of Indian operations.Kidwai has been at helm of HSBC in India for the last five years.Kidwai’s responsibility as group chairperson will be to prepare a strategy to integrate its diverse businesses.
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2 comments:
It is quite interesting to know that all of the women entrepreneurs you have mentioned have taken to the field of Banking, rather than venturing out into other forms of business. Most or all of us opine that women are the better financial managers than their male counterparts.
An enlightening post.
Cheers
Thanks Kailash..
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