Ms. Chanda Kochhar is the Managing Director & CEO of ICICI Bank Limited. She is widely recognized for her role in shaping the retail banking sector in India and for her leadership of the ICICI Group, as well as her contributions to various forums in India and globally. She is the first woman to receive top US award for global corporate citizenship.

ICICI Bank CEO Ms. Chanda Kochhar Salary:

Every day most of the people Google about Ms. Chanda Kochhar to know about his childhood, education, success mantra behind becoming a CEO of ICICI Bank and the more interesting facts about his professional life and last but not the least the salary of ICICI Bank CEO. Here is the information about Ms. Chanda Kochhar the CEO of ICICI Bank salary. ICICI Bank pay Rs 65 lakh a month, or Rs 2.1 lakh per day in FY17. Apart from the basic salary, the remuneration includes allowances and perquisites and contribution to provident, superannuation and gratuity funds.

Without the bonus and other variables, Kochhar’s basic salary increased by 15 percent to Rs 2.67 crore in Financial Year 2017 as against Rs 2.32 crore for Financial Year 2016.

Kochhar was born in Jodhpur, Rajasthan and raised in Jaipur, Rajasthan. She was educated at St. Angela Sophia School, Jaipur. She then moved to Mumbai, where she joined Jai Hind College for a bachelor’s degree. After graduating in 1982, she studied cost accountancy from Institute of Cost Accounts of India, and later acquired a master’s degree in management studies from Jamnalal Bajaj Institute of Management Studies, Mumbai. She received the Wockhardt Gold Medal for Excellence in Management Studies as well as the J. N. Bose Gold Medal in Cost Accountancy.

Ms. Kochhar began her career, with the erstwhile ICICI Limited in 1984 and was elevated to the Board of Directors of ICICI Bank in 2001. She was instrumental in establishing ICICI Bank during the 1990s. She subsequently went on to head the infrastructure finance and corporate banking business at the Bank. In 2000, she took on the challenge of building the nascent retail business, focusing on technology, innovation, process reengineering and scaling up of distribution and taking the Bank to a leadership position in this business. During 2006-2007, she led the Bank’s corporate and international banking businesses during a period of heightened activity and global expansion by Indian companies. From 2007 to 2009, she was the Joint Managing Director & Chief Financial Officer of the Bank. This was a critical period which saw rapid change in the global financial landscape. She was elevated as the Managing Director & CEO of ICICI Bank in 2009 and since then has been responsible for the Bank’s diverse operations in India and overseas. She also chairs the boards of most of the Bank’s principal subsidiaries, which include India’s leading private sector life and general insurance companies.

Ms. Chanda Kochhar Personal Profile:

Born: 17 November 1961, Jodhpur, India

Bachelors Degree: Jai Hind College,

Masters Degree: Jamnalal Bajaj Institute of Management Studies

Occupation: Managing Director and Chief Executive Officer, ICICI Bank

Salary Package: 65 Lakh Per month

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