5 Women Who Transformed Banking Sector

Bangalore: Even a confident young banker finds it difficult to manage the long hours and constant pressure of working as a junior analyst at an Investment banking job. But the pressure is even greater on young women, as banker turned author Nina Godiwalla said in her book entitled: ‘Suits: A Women on Wall Street’.

Though investment banking has nastiest work schedule along with an insistent travelling, India has many successful women made their place in it. Today we are here to discuss some of the top women in financial sector, who have turned their organization’s inclined downward graph to rising scales.

1. Kalpana Morparia

Kalpana Morparia is the Chief Executive Officer of J. P. Morgan, India, as well as a member of J. P. Morgan’s global strategy team and it’s Asia Pacific Executive Committee. She leads in the field of Investment Banking, Asset Management, Treasury Services, and Principal Investment Management. For J. P. Morgan India, she is responsible for the Global Research, Finance, Technology and Operations. Morparia also serves as an Independent Director on the Boards of several Leading Companies.

Prior to joining J. P. Morgan, India, she served as Vice Chair on the boards of ICICI Group for 33 years. She was also the Joint Managing Director of ICICI group from 2001 to 2007. ICICI group is India’s Second Largest Bank, which specializes in Banking, Insurance, Asset Management, and Private Equity.  After 33 years in ICICI she says, “I could never complete an introduction without saying 'Kalpana Morparia from ICICI',”.

This Science Graduate and an LLB holder was named one of “The 100 Most Powerful Women” in 2006 by Forbes and ‘The 50 Most Powerful Women in International Business’ in 2008 by Fortune Magazine.