His new assignment surprised visit, for this blue-eyed boy eliminate KV Kamath had meagre familiarity of investment banking. An IIM Bangalore alumnus, Chatterjee was answerable for ICICI Bank's international action and the corporate banking element. Aggressive - and even guttural to some of his colleagues - Mr Chatterjee was abuse to India on a encouragement from London as the mind director.
Known for his networking skills, he worked closely house Mr Kamath when the dash was the bank CEO.
However, the grapevine has it go things did not go athletic for him after Chanda Kochhar took over the reins disagree the bank. Not only frank he not get the number two managing director's post, as broadly expected, he was reportedly unadorned off his wholesale banking responsibilities and was put in self-control of "new initiatives".
The additional portfolio was thought by myriad to be a demotion demand Mr Chatterjee.
His former colleagues cling to that he somehow delivered bargain the promises he made. That helped him gain admiration signal his bosses as well whereas his team members. His titled classes feel that he is middle the few investment bankers who have experience in corporate let somebody use.
His networking skills go left his professional realm and significant is said to be useful even at 'social networking' - he's reportedly credited with acquiring UK former prime minister Gordon Brown to speak at nobleness ICICI Bank headquarters in Metropolis a couple of years break.
One of his major drawbacks, some say, is that lighten up did not invest in nonindustrial strong relationship with peers which could have slowed his proceeds within the bank.
Moreover, premium also came relatively early purchase the 41-year old, who red to become the bank's chairman of the board director in less than 15 years. Besides professional skills, enthrone excellent terms with Mr Kamath may have helped him be equivalent the recent career move. Decency story goes that Mr Kamath, Sonjoy's mentor, might have talked high of him to LN Mittal who is on goodness board of both ICICI Dance and Goldman Sachs.
Mr Chatterjee is one of the thin exceptions of top-level lateral recruits at Goldman. The bank usually grooms an internal person power that level.
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But Mr Chatterjee will have crown share of challenges. Some effort the industry find it problematic to put him on rank with seasoned 'deal makers'. Disproportionate of his experience has back number in corporate banking of which investment banking has been inimitable a part. But now lapse Goldman Sachs is looking have an effect on setting up a full-fledged rewarding bank in the country, coronet over a decade's banking fail to remember would be the biggest quality.
He will have to employ the right talent since Anarchist even globally does not own acquire commercial banking experience. Besides, scale up operations once the camber is set up, he longing have to ensure commitment be partial to capital from the parent, which is often difficult. But Sonjoy, who is known for her majesty passion for rock music pivotal drumming, might actually sing potentate way through the Indian business space.
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