Chanda Kochhar, born on November seventeenth, nineteen sixty-one, is a prominent Indian banker and entrepreneur. She served as the Managing Director and Chief Executive Officer of ICICI Bank from two thousand nine until two thousand eighteen, marking a significant period in her career where she played a pivotal role in the bank's growth and expansion.
However, her tenure came to an abrupt end in two thousand eighteen when she resigned amid allegations of conflict of interest. This decision was followed by her dismissal from ICICI Bank, a move that was later upheld by the Supreme Court of India, highlighting the serious nature of the allegations against her.
In December two thousand twenty-two, Kochhar was arrested by the Central Bureau of Investigation in connection with money laundering charges linked to alleged loan fraud. The case revolves around high-value loans granted to Videocon in two thousand nine, raising questions about the integrity of the banking practices during her leadership.