Kalpana Morparia | |
---|---|
CEO, South and Southeast Asia, JPMorgan | |
In office 2008–2021 [1] | |
Succeeded by | Leo Puri |
Personal details | |
Born | 30 May 1949 |
Alma mater | Sophia College for Women |
Occupation | CEO,JP Morgan |
Kalpana Morparia is an Indian banker. She was associated with ICICI Bank for thirty three years. She was the Chief Executive Officer of South and Southeast Asia,JPMorgan,the Indian extension of a 2.1 trillion dollar American company. Kalpana serves as an independent Director on the Boards of several leading Indian companies. A graduate in law from Bombay University,Morparia has served on several committees constituted by the Government of India. She is ranked by Fortune magazine as one of the fifty most powerful women in international business. [2] [3] [4] [5]
Kalpana Morparia,youngest of her three sister’s,was born on 30 May 1949 in a Lohana family of Bhawandas and Lakshmiben Tanna. At a young age,her father died. At 16 years old,she completed her schooling and joined Sophia College for Women to study Science and then she was a B.Sc graduate with Chemistry by 1970. Later she pursued a Degree in Law.
She took up teaching after completing graduation but had to take a break for 11–12 months as she developed speech complications and had to remain confined to home. Her elder sister Parul Thakker had studied law and was associated with a solicitor’s firm. She decided to follow the same and got admitted in a law college. Meanwhile,she married Jaisingh. She completed her law degree and joined in 1974 a law firm named Matubhai Jamiyatram and Madon,a law firm at no pay. In 1975,she joined ICICI to work at their legal department. The management began to entrust her with various responsibilities. In 1991 the management sent her to the USA to study capital market in America where she worked at New York's David Polk and Wardwell for three months. She was responsible for the birth of ICICI bank which she got listed with the New York Stock Exchange in 1999. She facilitated the merger of ICICI bank with ICICI in 2002. [4]
Kalpana worked in the legal department of ICICI from 1975 to 1994. In 1996 she was designated as General Manager. Then she was in charge of the legal,planning,treasury and corporate communications departments. In 1998,she was designated a Senior General Manager of ICICI. She joined the Board of Directors of ICICI in May 2001. In May 2002 the board appointed Morparia as an Executive Director. Again in 2006 April she was designated as the Deputy Managing director. Thereafter she was made the joint Managing Director. She was then in charge of the Corporate Centre with responsibilities such as transaction processing and operations for wholesale,retail,rural and international banking,strategy,risk management,compliance,audit,legal,finance,treasury,secretarial,human resources management,corporate communications and facilities management and administration functions. For a period of five years from 1 June 2007 to 2012,she was the Chief Strategy and Communications Officer. Today she is the CEO of J P Morgan,she is also the independent Director of Dr. Reddy's Lab,Bennet &Colman,CMC Limited of Tata Consultancy. She looks after the philanthropic work of Bharati Foundation run by Sunil Mittal of Airtel. It is engaged with construction of schools in Punjab,Haryana,Uttar Pradesh,West Bengal and Tamil Nadu and adopts neglected schools. [4]
ICICI Bank Limited is an Indian financial services company with its registered office in Vadodara,Gujarat,and corporate office in Mumbai,Maharashtra. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking,life,non-life insurance,venture capital and asset management. The bank has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries.
Zia Mody is an Indian corporate lawyer and businesswoman. Zia is the daughter of Soli Sorabjee,a former Attorney General of India.
Renuka Ramnath is an Indian private equity fund manager,and the founder and CEO of Multiples Asset Management Ltd. She is also an independent director of the apparel manufacturer Arvind Ltd.,chairperson of the board at Tata Communications,and chairperson of the Indian Private Equity and Venture Capital Association.
Kundapur Vaman Kamath,commonly referred to as K. V. Kamath,was the former chief of the New Development Bank of BRICS countries,previously he has also served as the Chairman of Infosys Limited,the second-largest Indian IT services company,and as the Non-Executive Chairman of ICICI Bank,India's largest private bank. Kamath also served as ICICI Bank's founder and Managing Director and CEO from 1 May 1996 until his retirement from executive responsibilities on 30 April 2009.
ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance,reinsurance,insurance claims management and investment management. The company has a Gross Written Premium (GWP) of ₹143.20 billion. The firm offers policy insurance and renewal through its intermediaries and website. It markets assurance products including Car Insurance,Health Insurance,International Travel Insurance,Overseas Student Travel Insurance,Two Wheeler Insurance,Home Insurance and Weather insurance. ICICI Lombard has 273 branches and 840 virtual offices spread across the nation.
Chanda Kochhar is the former managing director and chief executive officer of ICICI Bank. However,on 4 October 2018,she stepped down from her position as part of government change of banking procedure. Her contribution to portfolio included Videocon and board of ICICI Bank. After her exit,Sandeep Bakhshi,who was the interim Managing Director and CEO became the full-time MD and CEO of ICICI Bank.
The Satyam Computer Services scandal was a corporate scandal affecting India-based company Satyam Computer Services in 2009,in which chairman Byrraju Ramalinga Raju confessed that the company's accounts had been falsified.
Yes Bank Limited is an Indian private sector bank headquartered in Mumbai,India and was founded by Rana Kapoor and Ashok Kapur in 2004.
IIFL Holdings Limited d/b/a IIFL and India Infoline,is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group companies are backed by Canadian investor Prem Watsa,private equity firm General Atlantic and CDC Group,the UK Government's private equity arm. IIFL is ranked among the top seven financial conglomerates in India and as the top independent financial services firm in India in terms of market capitalisation. Nirmal Jain is the chairman of the group,while R Venkataraman is the group managing director and co-promoter.
Shikha Sharma is an Indian economist and banker,who was the managing director and CEO of Axis Bank,the third largest private sector bank in India,from 2009 to 2018. Sharma joined Axis Bank in 2009 and focused on strengthening its retail lending franchise,enlarging its investment banking and advisory capabilities and developing a comprehensive portfolio of products.
Gateway Distriparks Limited,a company based in Mumbai,India,is a logistics company with three verticals:Container Freight Stations (CFS),Inland Container Depots (ICD) with rail movement and Cold Chain Storage &Logistics. The company was founded in April 1994,and originally promoted by Newsprint Trading &Sales Corporation (NTSC),CWT Distribution Limited,NUR Investment and Trading Pvt. Ltd. and Intercontinental Forest Products Pte. Ltd. (IFP) as a joint venture company to conduct the business of warehousing,container freight stations and all related activities. As of November 2015,Prism International Private Limited is the sole promoter of the company.
Arundhati Bhattacharya is a retired Indian banker and former Chairperson of the State Bank of India. She is the first woman to be the Chairperson of State Bank of India. In 2016,she was listed as the 25th most powerful woman in the world by Forbes. She is the only Indian corporate leader listed on Fortune's world's greatest leaders list ranked at 26.
StarAgri is an India based agricultural marketing company providing warehousing,procurement and Collateral Management of Agri-Commodities. StarAgri was established in April 2006 by former ICICI Bank associates,the company has presence in 190 locations across 16 states. It has 800 agri commodity warehouses under its control,with a cumulative capacity of around 1.2 million metric tons. It has over 500 employees. The company has five post-harvesting focus areas:agri-warehousing,procurement,collateral management,lab testing and logistics. A bulk of its revenues (65%) are derived from warehousing services.
Bala Deshpande is the Senior Managing Director of the venture capital firm,New Enterprise Associates (India) since 2008. NEA is a venture capital firm with over US$13 billion in committed capital. NEA started direct investments in India during the downturn in 2008 and has since built a portfolio of 14 companies.
Parthasarathi Mukherjee is an Indian banker and the former MD &CEO of Lakshmi Vilas Bank,headquartered in Chennai,India. He took on this position in December 2015 and resigned as of September 2019. Overall,he has over 30 years of experience in the Indian Banking Industry.
Sandeep Bakhshi is an Indian banker,and the MD &CEO,ICICI Bank since October 2018.
Sunteck Realty Limited is a Mumbai-based real estate and construction company. It is engaged in construction,development and management of commercial and residential properties. The company is known for its high-end residential properties which are classified under different brand names:Signature for ultra-luxury properties,Signia for luxury properties and City for mid-segment properties. Among its notable projects is Signature Island in Bandra Kurla Complex,Mumbai. The company has received Ultra Luxury Project of the Year in 2017 and NDTV Property Award for Signature Island in 2016. The company has been listed as a Fortune Next 500 company for the year 2017,2018,2019 and 2020.
ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited,ICICI Prudential Life is engaged in life insurance and asset management business. In 2016,the firm became the first insurance company in India to be listed in the domestic stock exchanges.
Mercia Geises,is a Namibian,lawyer,banker,businesswoman and corporate executive,who is the managing director and chief executive officer of Standard Bank Namibia Limited,a commercial bank,whose stock trades on the Namibian Stock Exchange and is a member of the Standard Bank Group,headquartered in South Africa. She took up her present appointment on 1 May 2021.