Lalita D. Gupte
Encyclopedia
Lalita D. Gupte, Joint Managing Director of ICICI Bank
(India’s second largest commercial bank
), until October 31, 2006, is an important figure in India’s banking and financial services sector. An INSEAD
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
.On 22nd June, 2010 she was appointed as member of Alstom’s Board of directors.
, 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
(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.
ICICI Bank
ICICI Bank Ltd. is India's second largest financial services company headquartered in Mumbai, India. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of...
(India’s second largest commercial bank
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
), until October 31, 2006, is an important figure in India’s banking and financial services sector. An INSEAD
INSEAD
INSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...
alumnus, Gupte was listed by the Fortune
Fortune (magazine)
Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...
“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
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...
.On 22nd 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 StudiesJamnalal Bajaj Institute of Management Studies
Jamnalal Bajaj Institute of Management Studies is the Department of Management Studies of the University of Mumbai and is the third oldest business school in India...
, 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
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
(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.