36 Facts About Chanda Kochhar

Chanda Kochhar was the managing director and chief executive officer of ICICI Bank from 2009 to 2018 Chanda Kochhar resigned from her positions in 2018 due a case of conflict of interest.

Chanda Kochhar has been arrested by Central Bureau of Investigation in December 2022, in a case linked to alleged loan fraud charges.

Chanda Kochhar was born in Jodhpur, Rajasthan in a Hindu Sindhi family.

Chanda Kochhar was educated at St Angela Sophia School, Jaipur.

Chanda Kochhar moved to Mumbai, where she joined Jai Hind College and earned a bachelor of commerce degree from the University of Mumbai.

In 1984, Chanda Kochhar joined the Industrial Credit and Investment Corporation of India as a management trainee.

Chanda Kochhar was instrumental in establishing ICICI Bank during the 1990s.

In 1993, Chanda Kochhar was appointed as one of the core team members who were assigned the responsibility of setting up the bank.

Chanda Kochhar was promoted to assistant general manager in 1994 and then to deputy general manager in 1996.

In 1996, Chanda Kochhar was heading the newly formed Infrastructure Industry Group of ICICI Bank, which was formed to build industry expertise in the power, telecom and transportation industries.

In 2006, Chanda Kochhar was appointed as deputy managing director of ICICI Bank.

In 2009 Chanda Kochhar was appointed as managing director and chief executive officer of the bank and was responsible for the bank's diverse operations in India and overseas.

Chanda Kochhar chaired the boards of most of the bank's subsidiaries, which included among the leading private sector life and general insurance companies in India.

Chanda Kochhar is the deputy chairman of the Indian Banks Association.

Chanda Kochhar is on the boards of the National Institute of Securities Markets and Institute of International Finance.

Chanda Kochhar was co-chair of the World Economic Forum's Annual Meeting in 2011.

Chanda Kochhar received an honorary doctorate from Carleton University, Canada in 2014, in recognition of her pioneering work in the financial sector, effective leadership in a time of economic crisis and support for engaged business practices.

Chanda Kochhar was conferred with the Padma Bhushan, one of India's highest civilian honours, in 2011.

Chanda Kochhar tried to contest the termination by going to Supreme Court but it denied to oppose the petition contesting the High Court order which dismissed it.

Chanda Kochhar has consistently figured in Fortune's list of "Most Powerful Women in Business" since 2005.

Chanda Kochhar 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.

Chanda Kochhar is the second Indian in the list behind the Indian National Congress party chief Sonia Gandhi at number 13.

Chanda Kochhar has consistently figured in Fortune's list of "Most Powerful Women in Business" since 2005.

Chanda Kochhar was awarded with ASSOCHAM Ladies League Mumbai Women of the Decade Achievers Award on 2 January 2014.

In 2011, Chanda Kochhar was awarded the third highest civilian award the Padma Bhushan and the "ABLF Woman of Power Award " at the Asian Business Leadership Forum Awards.

Chanda Kochhar was ranked as the most powerful businesswoman in India in Forbes' list of 'The World's 100 Most Powerful Women 2013'.

Chanda Kochhar was featured in the Power List 2013 of 25 most powerful women in India by India Today, for the third year in a row.

Chanda Kochhar was selected in Time magazine's list of the 100 Most Influential People in the World 2015.

Chanda Kochhar ranked 40th on India Today's 'High and Mighty Power List 2016' in 2016.

Chanda Kochhar was listed in Forbes list of 'The World's Most Powerful Women in Finance 2016' at number 10.

In 2017, Chanda Kochhar was featured in Business World magazine's 'BW's Most Influential Women' list as an evergreen woman leader.

Chanda Kochhar is the first leader to receive an award in this category.

Chanda Kochhar allegedly favoured Videocon Group in lending practices under influence of Deepak Chanda Kochhar and his close aide Sunil Bhuta.

Chanda Kochhar subsequently quit ICICI bank following these allegations and is currently being investigated.

On 26 June 2023 CBI said that Chanda Kochhar had conspired with the other accused and sanctioned credit facilities to the firms of the Videocon Group, which were ineligible for such loans.

Also, CBI argued that Chanda Kochhar got a flat in Churchgate transferred to her family trust, where Deepak was managing trustee, only for Rs 11 lakh in October 2016, whereas the flat was valued at Rs 5.25 crore in 1996.