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CII elects Mr K Vaman Kamath as President

01
May '08
Mr K Vaman Kamath, Managing Director & CEO, ICICI Bank has been elected as the President of CII for the year 2008-09. Mr Kamath will assume as office as the new President of the apex industry association on 1 May 2008. He succeeds Mr Sunil Bharti Mittal as the new CII President.

Mr Kamath is the Managing Director and Chief Executive Officer of ICICI Bank Limited, India's second largest bank by assets.

He started his career in 1971 at ICICI, an Indian financial institution that founded ICICI Bank and merged with it in 2002.

In 1988, he moved to the Asian Development Bank and spent several years in South-East Asia before returning to ICICI as its CEO in 1996.

Over the next few years, the ICICI Group transformed itself into a diversified, technology-driven financial services group, that has leadership positions across banking, insurance and asset management in India, and a growing international presence.

Mr. Kamath was conferred with the Padma Bhushan, one of India's highest civilian honours, in 2008. He was named “Businessman of the Year” by Forbes Asia and The Economic Times' “Business Leader of the Year” in 2007, the Asian Banker's Leadership Achievement Award for the Asia Pacific & Gulf region for 2007 amongst several other awards.

Mr Kamath has been conferred with an honorary PhD by the Banaras Hindu University.

He was the Vice President of CII during 2007-08 and member of the boards of the Indian Institute of Management, Ahmedabad and the Manipal University.


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