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Kalpana Morparia,CEO, South and Southeast Asia
At a time when the banking system in India is grappling with rising bad loans, reports of fraud and corporate governance issues, Morparia has ensured that J.P. Morgan continues on its growth path here. Under her leadership, J.P. Morgan’s India business registered strong growth last year, especially on the digital front with the launch of its application-based service, Virtual Branch, in India. Profit from its India business grew 10% to ₹1,043 crore in FY18. The bank was the lead financial advisor to Walmart for its Flipkart buy, the biggest deal in the retail space in India so far.