K V Kamath Icici Bank
Icici bank limited icici bank towers bandra kurla complex mumbai 400 051 press release september 30 2008 for immediate publication icici bank s financial position sound.
K v kamath icici bank. The same year icici limited had set up its subsidiary icici bank. Back in 2008 when icici bank was hit by widespread rumours of run ons kamath led from the front. The same rumours are back with delhi and mumbai buzzing on icici banks former chairman k v kamath becoming india s finance minister.
Two years later in 1996 vaghul s protege kv kamath rejoined icici as its new managing director and ceo. Mangaluru born k v kamath the non executive chairman of india s largest private sector bank icici bank as well as the second largest it services company infosys was on monday named the first. Non executive chairman of icici bank kundapur vaman kamath popularly known as k v.
Kundapur vaman kamath commonly referred to as k. 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. He is very intelligent and has modernized the banking sector in india with his excellent and innovative concepts of universal banking and proper management of employees.
Shyamal majumdar mumbai icici bank chairman k v kamath says the best part of india s growth momentum is that around 65 per cent of the economy does not need external funding. He also expects interest rate pressure to ease from the first quarter of the next financial year. The 67 year old banker kamath known among his friends as kv began his career at icici in 1971.
Kamath is a leading personality of the finance sector in india. Just a few months back a buzz was created that k v kamath is going to be the next finance minister. K v kamath took over as the managing director and chief operating officer of icici in may 1996 an institution where he began his professional career in 1971.
This will continue in future.
