Wednesday, December 23, 2015

K V Kamat: Unedited material collected for Effective People by Prof TV Rao

K V Kamat: (Source: Pota, 2010) is Chairman of ICCI Bank, India’s largest private sector bank with a global footprint. Total assets of $ 102 billion, and 25 million customers world wide with over 1500 branches. Awarded Padmabhushan by government of India, Life time achievement award by the Financial Express and best bank award by NDTV.  From his father K V Kamath got entrepreneurial spirit and from his mother the power of introspection and looking for solutions outside the ordinary. Both the parents taught him to aim high and achieve leadership position in whatever you do.
“The two years at IIMA helped him to develop his skills as business leader of the future. He became famous for his sheer brilliance on the campus. The tale of him submitting the written analysis of communication assignment well before the deadline and yet scoring the highest grade became nothing short of mythical as even the best of minds struggle with these assignments. His proficiency, diligence, and speed during those early years stood him in good stead when he was ready to take on the world of business. (Pota, 2010)

He joined ICICI in 1971 in the project fiancé division. He worked as Executive Assistant to Chairman (S. S. Nadkarni), subsequently moved to general management positions, set up ICICI’s strategic planning division and planned its diversification into the new areas of investment banking,  venture capital and credit rating. He initiated the bank’s computerisation program. Between 1988 and 1996 Kamat worked with ADB and a group in Indonesia and gained a lot of experience with other countries. He rejoined ICICI in 1996 as CEO. Kamat is good example of a leadership engine. He created an environment that made many people become CEOs in ICICI Bank or its outfits or outside. 

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