In just under 13 years as CEO and MD, K.V. Kamath transformed ICICI from a development lending institution into a dynamic universal bank. As he vacates the post, he leaves behind a controversial legacy. Indrajit Gupta catches up with him
Mr. K. V. Kamath, it was a wonderful innings. What happened in the end?
The strategic imperative when I came on board ICICI was very clear. It was to diversify the business, get in capital and get the right products for diversification. What we have done is relentlessly focused on that. When you do that, there will be certain elements which have swings. You recognise that well on day one. When I look back and say would I redo anything, there
is nothing I would redo. I would do it in the same sequence and if the global situation was the same, the same outcomes would be there.
(This story appears in the 05 June, 2009 issue of Forbes India. To visit our Archives, click here.)