Tarjani Vakil is a professional Indian banker, and was the first woman to head any large bank in India [1] when she became Chairperson of the Exim Bank in 1993. [2] [3] [4] [5] After earning a postgraduate degree in history from Bombay University, [3] she began her career at the Maharashtra State Finance Commission, which she joined in 1958 as a clerical worker. [2] [3] By 1965, she was the only female officer at the Industrial Development Bank of India. [2] [6] At the time that she was chairperson and managing director of Exim Bank, it had US$1.1 billion in assets. [7] She retired from Exim in 1996. [3]
In 1997, she was recognized by KPMG Worldwide Business as one of the top 50 women "to prove her valor" in the business. In 2011, she published "A Mosaic of Memories", an autobiographical sketch (for private circulation only).
The IDBI Bank Limited is a development finance institution under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector. In 2005, the institution was merged with its commercial division, IDBI Bank, forming the present-day banking entity and was categorised as "other development finance institution" category. Later in March 2019, Government of India asked Life Insurance Corporation to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. IDBI was put under Prompt corrective action of the RBI and on 10 March 2021 IDBI came out of the PCA. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India (GoI) vide its communication F.No. 8/2/2019-BO-II dated December 17, 2019, has clarified and directed all Central/State Government departments to consider IDBI Bank for allocation of Government Business. Many national institutes find their roots in IDBI like SIDBI, EXIM, National Stock Exchange of India, SEBI, National Securities Depository Limited.
Naina Lal Kidwai is an Indian banker, chartered accountant and business executive. She was formerly a Group General Manager and the Country Head of HSBC India. She is also a former President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
Ranjana Kumar is an Indian banker who served as Vigilance Commissioner in Central Vigilance Commission and Chairperson of National Bank for Agriculture and Rural Development (NABARD). She had begun her banking career in 1966 as a probationary officer in Bank of India where she served in various positions. When the Government of India appointed her as the Chairperson and managing Director of the Indian Bank, she became the first woman to become head of a public sector bank in 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.
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Meera Sanyal was an Indian banker and politician. She served as CEO and chairperson of the Royal Bank of Scotland in India. The daughter of a highly decorated Naval officer, Vice Admiral Gulab Mohanlal Hiranandani, she was involved in banking for over 30 years before stepping down from RBS to stand as the Aam Aadmi Party candidate in South Mumbai in the 2014 Lok Sabha elections, which she lost. She had earlier contested as an independent candidate in the 2009 Lok Sabha elections from the Mumbai South constituency.
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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.
Jane Fraser is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004. In 2019, she was named president of Citigroup and CEO of its consumer banking division.
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Sarah Arapta, is a businesswoman and corporate executive in Uganda, the third-largest economy in the East African Community. She is the managing director and chief executive officer (CEO) of Citibank Uganda, a financial service provider, licensed as a commercial bank by the Bank of Uganda, the central bank and national banking regulator.
Anshula Kant is the chief financial officer and managing director of the World Bank Group, appointed on 12 July 2019. She is from Roorkee, India.
G. G. Vaidya was an Indian career banker who served as the nineteenth Chairman of State Bank of India.
Janice R. Fukakusa is a Canadian business executive and current chancellor of Toronto Metropolitan University. She was both the chief financial officer and the chief administrative officer of the Royal Bank of Canada for 8 years. Following her retirement from the bank in 2017 after a 31-year career, she was appointed to 15 corporate, non-profit or government boards. She was notably the Canada Infrastructure Bank's founding chairperson, a position she held from 2017 to 2020.
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Tarjani Vakil was named chairwoman of the Exim Bank, thereby becoming the first woman to lead any large bank in India.
"We were fortunate to have senior role models like Tarjani Vakil, chairperson of Exim Bank, who pierced the glass ceiling in the 1970s and '80s," says Meera Sanyal, who ... is now Royal Bank of Scotland's country executive for India.