Managing Director and Chief Executive Officer (MD & CEO), ICICI

Mr. K. Vaman Kamath is the Managing Director and Chief Executive Officer (MD & CEO) of ICICI - a diversified financial services company offering a wide range of products and services to corporate and retail customers in India. ICICI has an asset base of over US$ 17 billion and annual profits of about US$ 236 million, and its principal business activities include medium and long-term project financing, corporate finance, personal financial services and a comprehensive range of financial and advisory services.

Mr. Kamath began his professional career in 1971 with ICICI, where he worked up to 1988. Between 1988 and 1996 he worked for the Asian Development Bank (Manila) and as Adviser to a large diversified group in Indonesia. He returned to India in early 1996 to takeover as Managing Director and CEO of ICICI. The strategic initiatives and structural changes instituted by Mr. Kamath have helped ICICI to redraw its boundaries and achieve a position of leadership in the Indian financial sector. Under his initiative, ICICI became the first Indian company and the second Asian bank to list on the New York Stock Exchange.

Mr. Kamath holds a Bachelor's Degree in Mechanical Engineering and a Masters in Business Administration from the Indian Institute of Management, Ahmedabad. He presently resides in Mumbai and is married and has as son and a daughter. His hobbies include tennis, watching cricket and surfing the Internet. He is also an avid reader and has lectured extensively both in India and abroad.

Mr. Kamath is a Member of the Governing Board on various educational institutes including the Indian Institute of Management - Ahmedabad, Indian School of Business, National Institute of Bank Management, Manipal Academy of Higher Education and Entrepreneurship Development Institute of India. He is also a Member of the Economic Times Editorial Advisory Board and National Council of the Confederation of Indian Industry. Mr. Kamath has also served on a number of important government and quasi-government committees, instituted to formulate policy in areas of national importance including infrastructure and shipping.