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Financial Services, Banking Article, interview India’s top private bank
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The CEO as CIO: An interview with the head of India's top private bank

  • India’s largest private bank succeeds primarily because it can rapidly implement technologies, giving it a competitive edge, says the bank’s chief executive, K. V. Kamath.
  • Kamath, CEO of the Industrial Credit and Investment Corporation of India (ICICI), considers information technology so central to the bank’s achievements that he manages it himself, without a CIO.
  • Drawing inspiration from the culture and methodologies of Silicon Valley, Kamath has turned a stodgy industrial lender into a regional powerhouse with assets of $56 billion.
  • Having learned to serve low-income consumers cost effectively in India, ICICI now is exploring other markets.
This article contains the following exhibit:
  • Biography of ICICI's K.V. Kamath

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