The First Woman To Be A Chairman And Leader Of The State Bank of India: Arundhati Bhattacharya

October 18, 20212 Minutes Read
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From having a dream to become a journalist to being the first woman chairman of State Bank Of India, this lady’s journey is as inspiring as it can get!

Arundhati Bhattacharya is a woman who changed the SBI bank's fortune forever! And she has an impressive list of achievements to her credit:

  • Listed as the 25th most powerful woman in the world by Forbes

  • Named as the 4th most powerful woman in the Asia Pacific by Fortune.

  • India Today ranked her 19th in India's 50 most influential people on the 2017 list. In 2018, she was named the Business Leader of the year at the Asian Awards.

    Her work as the chairman of SBI was filled with achievements too. So much so that SBI even granted her an extension after her retirement as the chairman. This superwoman took up this opportunity too!

    Arundhati Bhattacharya brought about a profound change in the history of the state bank of India. She has done many beneficial things for the bank's employees as well as the customers.

  • She introduced a sabbatical leave policy for women employees of the bank. So that women could be granted an extended leave for the desired period and join the office again.

  • Made the bank go digital by introducing the YONO app. This step towards becoming technologically savvy proved to be highly valuable and helpful for both - the bank and its customers.

    And yet, banking was never her first choice.... She wanted to be a journalist!

    Banking was considered a secure job for women; journalism could be chosen if you have strong contacts. So when Arundhati cleared her exam as SBI probationary officer, she decided to take up the job. She sacrificed her dream of becoming a journalist someday.

    At that time, it wasn't easy to pursue a career in journalism. But even today, many people find it challenging to choose a job. There are so many things to consider - what does one like, salary, actual life in the field. Going for Career guidance counselling and psychometric tests is a good idea to know the different career options available today.

    A little bit of guidance goes a long way in making your dream career real!

    Though banking was not her first choice, Arundhati gave it her 100%! ...

    She started as a junior manager at the Kolkata branch. She got three consecutive promotions at the Kharagpur branch and left the branch as the assistant general manager.

    Over time, Arundhati developed a passion for banking. She started climbing the ladder of success through her hard work and dedication.

    She got posted as the branch manager at Nirampura. Arundhati's efforts and hard work further helped her become a Vice President at the New York Branch of SBI. She was there for four years.

    When she was back in India, she got posted in the foreign exchange department in Kolkata.

    Later in 2008, she got transferred to Mumbai. Here she worked as a deputy MD, then MD, CFO, and then finally, her dedication got her to become a Chairman of SBI.

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February 16, 20242 Minutes Read

Wealth Management and Advisory: Career Opportunities for Young Women

An exciting and lucrative avenue in finance is emerging for young women -- wealth management and advisory. As the financial landscape evolves, so do the opportunities for women to carve a niche in this traditionally male-dominated sector. Let's explore the promising career opportunities for women in wealth management.

Wealth management is not just about handling money; it involves strategic planning, investment advice, and creating financial roadmaps for clients. This dynamic sector offers many jobs for women with a keen interest in finance and a desire to empower others financially.

The rise of women in finance is challenging stereotypes and reshaping the narrative of the financial industry. Women's inclusivity in wealth management brings diverse perspectives, innovative thinking, and a more empathetic approach to client relationships. This shift concerns equality and a more holistic and client-focused financial experience.

One noteworthy aspect is the increasing prevalence of online jobs for women in wealth management. The digital age has opened up avenues for remote work, allowing women to balance professional and personal commitments seamlessly. Online platforms offer flexibility and accessibility, making wealth management more accessible as a career opportunity for women.

The role of women empowerment jobs in wealth management extends beyond managing finances; it's about empowering clients to take control of their financial destinies. Women in this field are not just financial advisors but mentors, educators, and advocates for financial literacy contributing to a more informed and economically empowered society.

The financial sector recognises the unique strengths that women bring to wealth management. From communication skills to emotional intelligence, these attributes enhance client relationships and contribute to the overall success of advisory services. The changing dynamics of the industry create an environment where women can thrive and excel in their careers.

As the demand for personalised financial advice grows, so does the need for skilled professionals. This presents a wealth of career opportunities for women willing to invest in their education and build expertise in wealth management. Financial institutions actively encourage women to pursue careers in this field, recognising the value they bring.

An exemplary figure in this context is Neha Sharma, a young professional who found her calling in wealth management. Neha's journey reflects the changing tide for women in finance as she navigated the industry's intricacies to emerge as a successful wealth advisor. Her story inspires young women seeking this dynamic and rewarding career path.

The shift towards creating career opportunities for women in wealth management aligns with broader societal changes. Organisations are realising the importance of gender diversity in their teams, promoting an environment that fosters equal opportunities and values the contributions of women in finance.

The wealth management and advisory world holds tremendous promise for young women in India. The evolving landscape creates exciting career opportunities for women who aspire to make a mark in the financial sector. As women continue to break barriers and thrive in wealth management roles, the future promises a more inclusive and diversified financial industry where expertise knows no gender boundaries.At Glow & Lovely Careers (formerly known as Fair & Lovely Career Foundation), we believe in empowering women to be independent. We provide online career guidance, existing jobs and other courses to help them in India's wealth management field.