Lalita D. Gupte
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Lalita D. Gupte, Joint Managing Director of
ICICI Bank ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiari ...
(India’s second largest
commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with co ...
), until 31 October 2006, is an important figure in India’s
banking A bank is a financial institution that accepts 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 markets. Becau ...
and financial services sector. An
INSEAD INSEAD, a contraction of "Institut Européen d'Administration des Affaires" () is a non-profit business school that maintains campuses in Europe (Fontainebleau, France), Asia (Singapore), the Middle East (Abu Dhabi, UAE), and North America (San ...
alumnus, Gupte was listed by the Fortune "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 Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, i ...
.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 is the Department of Management Studies of the University of Mumbai. The institute is named after industrialist and philanthropist, Jamnalal Bajaj. Programmes JBIMS offers full-time Masters in ...
, 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 of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
(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 Indian Merchants' Chamber, established on 7 September 1907 in Mumbai, is an organization of India, representing interests of Indian trade, commerce, and industry. It was organized originally during the days of the British Raj to promote trade, co ...
*The Women Achievers Award (2001) from the Women graduates’ Association. *Women of the Year Award (2002) by the International Women’s’ Association.


References


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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