Chanda Kochhar• Chanda Kochhar The financial services sector is dominated by women in India. As many as 54 per cent of the women CEOs are, according to EMA Partners, in financial services.• Chanda Kochhar is among the leading women in Indias financial services sector. She took over as managing director and CEO of ICICI Bank from May 1, 2009.• According to Chanda Kochhar who was appointed as ICICI Banks new chief executive officer, companies must consider merit and not be biased to any gender and women should not expect to be treated differently in any field.• Image: Chanda Kochhar, CEO and MD, ICICI Bank
Chanda KochharCompensation for 2009Salary 16,157,814.00Bonus 0.00Other Annual Compensation 0.00Long term incentive plan payouts 0.00Restricted stock awards 0.00Security underlying options 180,000.00All other compensation 0.00Option awards 0.00Non-equity incentive plan compensation 0.00Change in pension value and nonqualified deferred 0.00compensation earningsTotal Compensation 16,337,814.00
Shikha Sharma• Shikha Sharma Shikha Sharma heads Axis Bank. Shikha Sharma worked with the ICICI group for 28 years. Sharma is credited for the banks growth in personal financial services.• "Amongst private and foreign banks, women almost outnumber men. This has been helped in no mean measure by women from ICICI Bank who have joined other financial institutions in recent times," said EMA Partners managing partner K Sudarshan.• Image: Shikha Sharma, CEO and MD, Axis Bank.
Kalpana Morparia• Kalpana Morparia• Kalpana Morparia is the country head of JPMorgan. Morparia worked for 33 years with the ICICI Group. She became a part of the board of directors in 2001, and later became joint managing director at ICICI Bank.• Morparia was instrumental in developing ICICIs well-diversified financial services business.• Image: Kalpana Morparia, country head of JPMorgan
Renuka Ramnath• Renuka Ramnath Former chief of ICICI Venture Renuka Ramnath launched the Multiples Alternate Asset Management in 2009.• Multiples is raising their first private equity fund targeting both domestic and international institutional investors and ultra high networth individuals.• The target size is approximately $400 million. Multiples Alternate Asset Management will make sector-agnostic investments in India.•• Image: Renuka Ramnath
Naina Lal Kidwai• Naina Lal Kidwai Naina Lal Kidwai is the CEO of Hongkong and Shanghai Banking Corporation Limited, India. Fortune magazine listed Kidwai among the Worlds Top 50 Corporate Women from 2000 to 2003. She has been awarded with Padma Shri, one of Indias highest civilian honours.• According to various studies and EMA Partners estimates, there is no shortage of female talent. In Germany, over 25 per cent executives are women, in the UK more than 30 per cent and in France over 35 per cent. In board appointments, the numbers decline further.• Image: Naina Lal Kidwai, CEO, HSBC
Meera Sanyal• Meera Sanyal Meera Sanyal was appointed as CEO of ABN Amro Bank in December 2007.• Sanyal was working as corporate executive vice president and head of services (Asia) of ABN Amro. She was earlier the chief operating officer of the bank.• In Germany, just over 10 per cent of board members are women, according to EMA Partners. In France, it is as low as 7 per cent.• To address this imbalance, some countries have insisted on minimum levels of board female members. Norway, in 2004, inaugurated a quota system stipulating that 40 per cent of the board of a publicly quoted company should be women otherwise that company could be delisted. In 2007, Spain decided to go the same way.• The Royal Bank of Scotland took over ABNs assets globally, including in India, early this year.•
Manisha Girotra• Manisha Girotra Manisha Girotra heads UBS in India. Girotra has over 18 years of experience in investment banking. Girotra has worked on the privatisation of the Indian Petrochemicals Corporation, Tata-SIAs bid for Air India and Scottish & Newcastles investment in the UB group.• Ashu Suyash heads Fidelity Fund Management. In the Fortune 500 list, only 7 per cent women CEOs are from financial services.• Image: Manisha Girotra, MD, UBS
Kiran Mazumdar-Shaw• Kiran Mazumdar-Shaw• Eleven per cent of the Indian women CEOs are in the media and another 11 per cent in pharmaceuticals.• Thus, Kiran Mazumdar-Shaw is the chairman and managing director of Biocon and Villoo Morawala Patelis the founder, chairman and managing director of Avesthagen.• Image: Kiran Mazumdar-Shaw, MD, Biocon.
Indra Nooyi• In the Fortune 500 list, in contrast, 48 per cent of the women CEOs came from FMCG and consumer durables. Manufacturing and IT & IT- enables services returned 13 per cent each.• Sudarshan said the IT and IT-enabled services do not have many women CEOs because it requires a fair amount of travel to on-site locations. It also comes with the pressure of working through multiple time zones.• Image: Indra Nooyi, CEO, PepsiCo