| NEWSMAKERS OF 2013 Six personalities who became the faces of the financial sector |
Staying ahead of the curve RAGHURAM RAJAN Governor, Reserve Bank of India It was said if there was a global tender to find Ben Barnanke’s successor, he would have easily become the next US Fed chief. The former International Monetary Fund chief economist has a penchant for surprising the market — while raising interest rates and when First in 207 years ARUNDHATI BHATTACHARYA Chairman, State Bank of India The country’s largest bank got awoman head — a first in its 207- year history, in September. Bhattacharya showed she is no less aggressive than the Mistrys and Kochhars of the world with her latest decision to cut home loan rates, immediately followed by HDFC and ICICI Bank, the Insurers’ Man Friday TS VIJAYAN Chairman, Irda He took over in February, when the over- regulated insurance sector was looking for a growth booster. He issued guidelines on brokers and enabled banks to become these, following it with regulations on a standard insurance proposal form. One of the biggest developments in his initial days was Quiet operator URJIT PATEL Deputy Governor, RBI Not many have seen him speaking after he assumed the most important function of RBI — the monetary policy department — in January. This Yale University doctorates, has described as “refreshingly removed from the edifice of rules, routines and formal role system that Getting growth back SK ROY Chairman, LIC He took charge when the life insurance sector was in the process of entering a new product regime. Roy has done much more than helping LIC tide over the regulatory overhaul. The insurance major has seen a 100% rise in business for September, in spite of volatility in the market and USHA ANANTHASUBRAMANIAN CMD, Bharatiya Mahila Bank With about 30 years of experience across various banks, she was chosen to undertake a project envisioned by the finance minister, to make banking more accessible to women across the length and breadth of India. The former executive director of PNB has |
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