Kochhar, who has been at the helm of ICICI Bank since 2009, is among the three Indians and the only Indian woman named in the list of 'The 100 Most Influential People' in the world by Time magazine today.
According to Jain, himself a well-known banker, Kochhar has shaped retail banking in India ever since she assumed her pivotal role in establishing ICICI Bank during the 1990s.
"Her calm, soft-spoken and understated demeanor belies her strength of conviction and clarity of thought," Jain said in the profile about Kochhar written in the magazine.
Noting that Kochhar is a first-class leader, strategist and friend, Jain said that when young women turn to her for advice, she tells them to put aside their unconscious inhibitions.
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