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Faith: Hinduism

Husband: Sanjaya Sharma

Age: 63 Years

Shikha Sharma

Some Lesser Recognized Info About Shikha Sharma

  • Shikha Sharma is an Indian economist and banker, who served because the Managing Director and CEO of Axis Financial institution from 2009 to 2018.
  • Sharma’s nine-year-long stint on the Axis financial institution made her the longest-serving girl CEO within the monetary sector.
  • Shikha’s father was a brigadier within the ordnance corps of the Indian Military and an ammunition professional who had fought two India-Pakistan wars previously.
  • Being an Military brat, Shikha attended virtually 7 colleges in several cities throughout the nation earlier than ending her education at Loreto Convent in Delhi.
  • The previous CEO revealed that Physics was her first selection for her bachelor’s; nevertheless, certainly one of her uncles really useful her Economics on the Girl Shriram School, which ultimately made her the CEO of India’s third-largest non-public lender.
  • The banker has additionally realized classical music alongside along with her daughter, after being impressed by her mother-in-law.
  • The soft-spoken daughter of an Military officer, Shikha, revealed in an interview that throughout the placement interval after finishing her MBA from IIM-A, she didn’t get positioned until about 10 days, however ICICI gave her a break. She mentioned,

    International banks rejected me. I used to be shedding confidence. I used to be good at lecturers, however an introvert. I used to be self conscious sufficient to not get dejected. However I nonetheless felt unhealthy.”

  • Shikha joined the ICICI group in 1980 and spent 29 years of her profession there. She dealt with various features together with funding banking, retail finance companies, and organising private providers items and its insurance coverage firm. In 1992, she arrange ICICI Securities – a three way partnership of ICICI and J.P. Morgan. Ultimately, she returned grew to become the MD of ICICI Group and took cost of ICICI Prudential Life Insurance coverage as Managing Director and CEO in December 2000.
  • Shikha left the ICICI financial institution for Axis when Chanda Kochhar was introduced to go the previous.
  • Throughout her preliminary years on the financial institution, Shikha labored underneath the mentorship of Ok.V. Kamath, CEO and MD of ICICI Financial institution, and Mark Tucker, the previous CEO of Prudential Plc. and present Group Chairman of HSBC Holdings plc.
  • In 1982, Shikha married her IIM-A batchmate, Sanjaya Sharma. The couple has two kids collectively. Speaking about her kids, Mrs Sharma mentioned in an interview,

    I take into account my kids my most enduring embodiments of accomplishment. However I haven’t targeted on them within the final 20 years. An excessive amount of was taking place within the workplace.”

  • Sharma succeeded P.J. Nayak at Axis Financial institution Ltd. in June 2009, when the previous CEO give up earlier than the top of his tenure. She was additionally the Chairperson of Axis Financial institution UK restricted, Axis Asset Administration Firm Restricted, Axis Non-public Fairness Restricted, and Axis Capital Restricted. Whereas accepting certainly one of her awards, Shikha mentioned,

    One of many issues about being a girl chief is that the world is dominated by male leaders, so that you’re always being in contrast. You need to shut out sure issues and never fear about them so that you just’re efficient on the job.”

  • Shikha was instrumental in efficiently remodeling the third largest non-public sector financial institution in India with primarily company lending and retail legal responsibility portfolio, right into a full-service, end-to-end monetary establishment focussed on sustained worthwhile development.

  • Beneath her tenure, the gross NPAs of Axis financial institution rose from 0.96 per cent in March 2009 to five.28 per cent in December 2017.
  • Since 2015, Mrs Sharma additionally chairs the confederation of Indian Business (CII) Nationwide Committee on Banking and has remained a member of the Reserve Financial institution of India (RBI) Technical Advisory Committee. The high-profile banker was additionally part of RBI’s panel on Monetary Inclusion, the Committee on Complete Monetary Providers for Small Companies and Low-Earnings Households. She has additionally served because the Co-Chairperson of Federation of Indian Chambers of Commerce and Business (FICCI) and Banking and Monetary Establishments Committee 2013-15. Shikha can be a member of Visa’s Senior Consumer Council, APCEMEA (Asia –Pacific, Central Europe, Center East & Africa). 
  • Sharma additionally sits as an impartial director on the boards of Tech Mahindra, Tata International Drinks, Ambuja Cement, and Dr Reddy’s Laboratories.
  • After being denied an extension of her fourth time period by the RBI because the MD of Axis Financial institution, Shikha Sharma retired from her place on 31 December 2018, two-and-a-half years earlier than her time period was supposed to finish. She demitted the workplace after proposing that her new time period be lowered to seven months from a three-year tenure, which was accepted by the board. She was succeeded by Amitabh Chaudhry.
  • On 1 February 2019, inside a month after leaving the Axis Financial institution, Shikha took over because the adviser for the worldwide non-public fairness big KKR and Co.
  • Subsequent 12 months, the ex-CEO of Axis Financial institution with greater than three a long time of labor expertise was appointed as an adviser by Google Pay India, the digital fee platform from Google.
    Shikha Sharma appointed the adviser of Google Pay

    Shikha Sharma was appointed the adviser of Google Pay

  • At first of 2020, Shikha’s daughter Tvisha bought hitched to Harsh Desai in a giant fats marriage ceremony. The visitor listing comprised of company elites together with Anand Mahindra, Amit Chandra, Zia Mody, Cyril Shroff, Ajay Piramal, Deepak Parekh, and N. Chandrasekaran, together with Sharma’s former ICICI colleagues Kalpana Morparia and Ok.V. Kamath.

Mahesh Darji

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