After a six month extension given by SEBI, over 400 companies are yet to appoint a woman director. Some calling it a national shame believe that companies don’t realize what women professional could bring to the table. Women all over the world have proved that their input to some of the biggest and successful companies have helped the companies grow and diversified their previously limited scope.
Here we list five women, who have contributed to their companies in significant ways that prove women at the c-suite level are the biggest asset any company could have.
One of the most successful women in the country, Chanda Kochhar, is the Managing Director and CEO of ICICI Bank and has been ranked as one of the Most Powerful Business Women in India multiple times. She is responsible for implementing and following the strategy that enabled the bank to come out of a period of great crises. Under her leadership, ICICI became the largest privately owned bank with assets worth almost $80 billion.
Shikha Sharma is the Managing Director and CEO of Axis Bank, India’s third largest Bank in the private sector. Since her appointment to the post, the bank’s stock has appreciated by a phenomenal 90%. This is however, not all. Sharma is also the Chairperson of Axis Asset Management Company Limited, Chairperson of Axis Bank UK limited, Axis Capital Limited and Axis Private Equity Limited.
Women are usually not associated with farm equipment in India, but Mallika Srinivasan, the chairperson of Tractor and Farm Equipment (TAFE) has defied this notion. Under her leadership the company’s revenues went from Rs. 85 crore back then; to over Rs 8,000 crore today. In an interview with Forbes India she revealed that she plans to make TAFE a $5 billion company in the next three to five years.
Jayanthi is the Chief Executive Officer of Capgemini India since January 2011, prior to which she worked out of Europe and North America . She is also the current Chairperson of Board of Governors of National Institute of Technology Calicut. Jayanthi is considered to be one of the most successful Indian women in the tech sector and is also an executive council member of the industry body NASSCOM.
Chitra Ramkrishna is the first woman managing director and chief executive officer of the National Stock Exchange (NSE). She is also a part of CII’s National Council on Financial Sector Development, FICCI’s National Executive Committee and Capital Markets Committee. NSE has grown tremendously under her leadership and currently reaches out to more than 1,500 locations in the country.
[Featured Picture Courtesy: Frompo]