Lalita Gupte
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Lalita D. Gupte, Joint Managing Director of
ICICI Bank ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers throu ...
(India's second largest
commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...
), until 31 October 2006, is an important figure in India's
banking A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
and financial services sector. An
INSEAD INSEAD ( ; French: ''Institut européen d'administration des affaires'') is a non-profit business school with locations in Europe (Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE) and North America (San Francisco, USA ...
alumnus, Gupte was listed by the
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fate * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (19 ...
"as one of the fifty most powerful women in international business." She is currently the chairperson on the Board of ICICI Venture and a board member of Nokia Corporation. On 22 June 2010 she was appointed as member of Alstom's board of directors.


Career

Recruited directly from the Mumbai-based
Jamnalal Bajaj Institute of Management Studies Jamnalal Bajaj Institute of Management Studies (commonly referred to as JBIMS) is the Department of Management Studies of the University of Mumbai, situated in Churchgate, Mumbai. The institute is named after noted industrialist and freedom f ...
, Gupte had begun her career with ICICI Ltd (which later merged with ICICI Bank) in 1971 as a trainee in the Project Appraisal department. She served in different locations and capacities, and had played a pivotal role in the listing of ICICI share in the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
(NYSE) – the first Indian enterprise to be listed in NYSE, and the second Asian Bank to do so. Gupte was made Joint Managing Director of ICICI Bank in 2001, and at the same time was made in-charge of the Bank's growing international operations. In May 2007 Gupte was named to the board of the Finnish mobilephone giant Nokia.


Contributions

Her contributions have been widely recognized, and the awards conferred on her include the following: *The twenty First Century for Banking Finance and Banking award (1997) by Ladies Wing of the Indian Merchants' Chamber *The Women Achievers Award (2001) from the Women graduates' Association. *Women of the Year Award (2002) by the International Women's' Association.


References


External links


Lalita D. Gupte
INSEAD alumni Indian women bankers Indian bankers Businesspeople from Mumbai Living people Nokia people Jamnalal Bajaj Institute of Management Studies alumni ICICI Bank Year of birth missing (living people) Businesswomen from Maharashtra 21st-century Indian businesswomen 21st-century Indian businesspeople {{India-business-bio-stub