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Chanda Kochhar
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thumb|Chanda Kochhar
Chanda Kochhar (née Advani, born 17 November 1961) is an Indian banker. She was the MD and CEO of ICICI Bank from 2009 to 2018 She resigned from her positions in 2018 due a case of conflict of interest. Subsequently, she was fired by ICICI Bank, a decision which was later upheld by the Supreme Court of India.
Quotes
I am utterly disappointed, hurt and shocked by the decision. I have not been given a copy of the report. I reiterate that none of the credit decisions at the bank are unilateral. ICICI is an institution with established robust processes and systems which involve committee based collective decision making with several professionals of high calibre participating in the decision making
Chanda Kochhar: The rise and fall of India's celebrated CEO,2 February 2019
I have served at ICICI for the last 34 years with all my dedication and hard work. I have never shied away from taking tough decisions whenever required to be taken in the best interest of the organisation. This decision from the bank has caused me immense hurt and pain
I have pursued my career as an independent professional with utmost honesty, dignity and integrity. I continue to have faith and belief in my conduct as a professional and I am certain that truth will ultimately prevail
Disappointed, hurt, shocked, says Chanda Kochhar after ICICI Bank sacks her,30 January 2019
Aarti, there is no limit to what a determined mind can achieve, but in achieving your goal, don't compromise on the values of fair play and honesty
Don't cut corners or compromise to achieve your dreams. Remember to be sensitive to the feelings of people around you. And remember, if you don't allow stress to overtake you, it will never become an issue in your life
I believe in fate but I also believe that hard work and diligence plays a very important role in our lives. In a larger sense, we all write our own destiny. Take destiny in your own hands, dream of what you want to achieve, and write it in your own way. As you go ahead in life, I want you to climb the path to success one step at a time. Aim for the sky, but move slowly, enjoying every step along the way. It is all those little steps that make the journey complete
As you go forward, you will sometimes have to take difficult decisions, decisions that others might scorn at. But you must have the courage to stand up for what you believe in. Make sure you have that conviction to do what you know is right, and once you have it, don't let skeptics distract you from your path
Remember that good times and bad times will be part of your life equally, and you have to learn to handle both with equanimity. Make the most of life's opportunities and learn from every opportunity, and challenge that life brings along
When Chanda Kochhar spoke about importance of honesty in letter to daughter,22 July 2025
Women are very strong but while a lot of women join the organisation, it’s also equally important for them not to give up and continue through that biggest life stage point where they start their families
I think organisations are doing a lot. First of all, what most organisations now in India are doing is encouraging more and more women to join the organisation. Secondly, they are creating a very merit-oriented environment which means that people are confident. Women are confident that if they put in the hard work and they are capable enough, they will get their rightful move in the organisation
For the specific life stage needs, at least what the ICICI has done is that we have created a whole programme where women can actually work from home over a longer period and not lose out on their career progression. We have also started this thing where if women who have children up to 3 years of age, travel overnight for work, we pay for the accompanying child and the accompanying caretaker. I think these are the things that need to be done to really meet that specific life stage need
India still fares much better than many countries in the world. It's a wide spectrum - there isn't another country where you have 100 million families impacted by the self-help groups of which 85% are women
If people ask me what special policies we have to encourage women, we actually don't have any special policies for women. The only special thing we do is to create that environment where women feel confident that it is on the basis of their merit that they will rise
Important for women not to give up work when they start families’: Chanda Kochhar at GES,29 November 2017
I think in order to empower our women we need 3Es. Encourage them, educate them and empower them economically. What I mean by this is first of all, in society, we have to inspire all our girls and women to aspire to do well. Aspire to dream big and aspire to back it up with hard work. Secondly, we must ensure education for all women because it is normally believed when you educate a man, you educate a person but when you educate a woman, you educate the entire generation
Therefore ensuring education for all women is very important. The third one is that we have to empower them economically, by providing them the right skills, by providing them access to jobs, by providing them access to markets - basically all opportunities and requisites to enable them to participate in the economic growth
3Es to empower women: Encourage, educate and empower them financially: Chanda Kochhar, MD and CEO, ICICI Bank,8 March 2018
External Links
Category:1961 births
Category:Living people
Category:Businesspeople from India
Category:Chief executive officers