Kamath was born in 1947 in Mangalore, India and earned degrees in mechanical engineering and business administration. He started his career at ICICI in 1971 and helped expand their services, leading to the formation of ICICI Bank. In 1988, Kamath joined the Asian Development Bank to work on projects in several countries. He returned to ICICI in 1996 as Managing Director and CEO. Currently, Kamath resides in Mumbai and serves as the non-executive chairman of Infosys.
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
Kamath
1. Shri Kundapur Vaman Kamath
Kamath was born on December 2, 1947 into a Goud Saraswat Brahmin family, in
Mangalore, Karnataka where he spent most of his early years. After completing
Higher Secondary and Pre-University from St. Aloysius School, he joined the
Karnataka Regional Engineering College (now called National Institute of
Technology Karnataka) in Surathkal for a Bachelors Degree in Mechanical
Engineering. After graduating from KREC in 1969, he joined the Indian Institute
of Management, Ahmedabad (IIM-A) for a Masters Degree in Business
Administration.
Career
After graduating from IIM-A in 1971, Kamath started his career with ICICI
(Industrial Credit and Investment Corporation of India), in the Project Finance
division and moved on to different departments to gather experience which
included setting up of new businesses such as leasing, venture capital, credit rating
as well as handling general management positions. As part of his general
management responsibilities he initiated and implemented ICICI's computerisation
programme. Substantial investments in technology from the early years have
resulted in systems that are today a competitive advantage for ICICI. Kamath has
generally been credited with expanding ICICI's businesses to evolve it into a
technology-enabled financial organisation catering to the financial needs of
corporate and retail customers.[3]
In 1988, Kamath joined the Asian Development Bank, Manila in their Private
Sector Department. His principal work experience at ADB was in various projects
in China, India, Indonesia, Philippines, Bangladesh and Vietnam. He was the ADB
representative on the Boards of several companies.
In May 1996, Kamath returned to ICICI as its Managing Director and Chief
Executive Officer. Kamath was instrumental in expanding the Group's services to
the retail customers. He initiated a process of a series of acquisitions of non-
banking finance companies in 1996-98, and led the way to the formation of ICICI
Bank.
Now, on 2nd may 2011 he is appointed as non-executive chairman of the second-
largest software exporter, Infosys Ltd (earlier Infosys Technologies Ltd).
Personal life
2. Kamath presently resides in Mumbai. He is married to Rajalaxmi and has a son,
Ajay Kamath and a daughter, Ajnya Kamath Pai. He has two grandsons, Nandan
K. Pai and Lakshan K. Pai who reside in the United States.
Board membership
Kamath is a Member of the Governing Board on various educational institutions
including the Indian Institute of Management Ahmedabad, Indian School of
Business, National Institute of Bank Management, Pandit Deendayal Petroleum
University, Gandhinagar Manipal Academy of Higher Education. Kamath is also a
Member of the National Council of Confederation of Indian Industry (CII). KV
Kamath was elected to the Board of Directors on Infosys Ltd on May 2, 2009 and
on 30th April 2011 it was announced that he will take the Chairmanship of Infosys
Limited on 21st August 2011.