News: Kochhar most powerful business woman


Kochhar most powerful business woman

According to Fortune, ICICI Bank chief executive, Chanda Kochhar is the most powerful woman in Indian business but when it comes to salaries Sun TV Network’s joint MD Kavery Kalanithi is the highest paid earner with an annual salary of USD 13.09 million. Interestingly, Kochhar, who is also ICICI Bank's MD, does not find a place among the ten highest paid women executives in the country. Meanwhile, Kavery Kalanithi might be the most paid woman executive, but her package is just about one-third of the highest paid US business woman, Oracle president and CFO Safra A Catz. According to Fortune, Catz's salary is $42.09 million.

In the Fortune list of 50 most powerful business woman, Kochhar is followed by former ICICI executive and Axis Bank MD and CEO Shikha Sharma at the second spot. Two other former ICICI executives - JP Morgan India CEO Kalpana Morparia (16th rank) and Multiples Alternate Asset Management's founder and CEO Renuka Ramnath (20), also feature in the league.

Source: Business Standard

Topics: #Updates, C-Suite

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