Shikha Sharma is a well-known name in the business world, particularly in the banking sector. As a talented and accomplished professional, she has amassed a significant net worth over the years. Through her dedication and hard work, Sharma has made a name for herself as one of the most successful women in India’s corporate industry.
In this article, we will explore Shikha Sharma Net Worth, her achievements, and the factors that have contributed to her financial success.
|November 19, 1958 ( Zodiac sign: Scorpio)
|Indian Army officer
|Two younger brothers (cardiologists)
BA (Honours) in Economics from Lady Shri Ram College for Women (LSR) in Delhi, MBA from Indian Institute of Management, Ahmedabad (IIM-A), post-graduate diploma in Software Technology from the National Centre for Software Technology in Mumbai
|Two children (Tilak and Tvisha)
|Source of Wealth
|A successful career in the banking sector
What is Shikha Sharma Net Worth and Salary in 2023?
As of June 1, 2023, Shikha Sharma’s net worth is estimated to be approximately $5 million. Her impressive wealth is a testament to her successful career in the banking sector.
While serving as the Managing Director and CEO of Axis Bank, India’s third-largest private sector bank, she earned a substantial salary. However, it is important to note that her net worth may vary due to various factors such as investments and business ventures.
Why is Shikha Sharma Famous?
Shikha Sharma gained fame and recognition due to her exceptional leadership and contributions in the banking sector. She served as the Managing Director and CEO of Axis Bank, one of the largest private sector banks in India, for a decade.
Under her leadership, Axis Bank witnessed remarkable growth and expansion, consolidating its reputation as a trusted financial institution. Shikha Sharma’s exceptional skills and dedication to her work have made her a well-respected figure in the Indian corporate world.
Shikha Sharma Overview
Shikha Sharma was born on November 19, 1958, to an Indian Army officer. Due to her father’s profession, the Sharma family traveled extensively, resulting in Shikha attending seven different schools in various cities. She completed her schooling at Loreto Convent in Delhi.
Shikha went on to pursue a BA (Honours) in Economics from Lady Shri Ram College for Women (LSR) in Delhi and an MBA from the prestigious Indian Institute of Management, Ahmedabad (IIM-A).
Additionally, she holds a post-graduate diploma in Software Technology from the National Centre for Software Technology in Mumbai.
Career and Awards
Shikha Sharma is a renowned Indian economist and banker who has made significant contributions to the financial sector. Her illustrious career began in 1980 with ICICI Bank, where she spent nearly three decades shaping the institution’s growth and success.
During her tenure at ICICI, she was instrumental in setting up ICICI Securities, a joint venture between ICICI and J.P. Morgan, and various other group businesses, including investment banking and retail finance. In 1998, she ascended to the position of Managing Director of ICICI Personal Financial Services.
Sharma’s leadership skills were further recognized when she was appointed as the Managing Director & CEO of ICICI Prudential Life Insurance Company. Under her guidance, the company became the leading private sector life insurance company in India.
In 2009, she took on a new challenge as the CEO and Managing Director of Axis Bank, the third-largest private sector bank in India.
She focused on strengthening its retail lending franchise, enlarging its investment banking and advisory capabilities, and developing a comprehensive portfolio of products.
During her tenure, Axis Bank’s stock gained over 90%, and the bank’s compounded annual net profit growth rate was above 20% in the three years ending 2014-15.
The bank’s net non-performing asset ratio was significantly lower than the industry average, and advances and deposits grew at rates higher than the industry.
Under Sharma’s leadership, Axis Bank received numerous awards, including Bank of the Year in India for 2014 from The Banker magazine, Financial Times, and a Certificate of Recognition for excellence in Corporate Governance from the Institute of Company Secretaries of India (ICSI), for 2015.
Sharma retired from her position at Axis Bank on December 31, 2018, leaving behind a legacy of exceptional leadership and transformation in the financial sector.
Throughout her career, she has been recognized with numerous accolades, including being featured in the 50 most powerful women in Business by Fortune, Top 20 women in finance by Finance Asia, and as Banker of the Year by Business Standard.
She has also received AIMA JRD Tata Corporate Leadership and Outstanding Businesswoman of the Year by CNBC TV18 Awards. Despite her retirement, Shikha Sharma continues to be an inspiration for aspiring women entrepreneurs in the financial sector.
Shikha Sharma is married to Sanjaya Sharma, her batch-mate at IIM-A. Sanjaya, a former CEO of Tata Interactive Systems, has been a supportive partner throughout her journey. The couple has two children, Tilak and Tvisha. Shikha also has two younger brothers who are cardiologists.
Social Media Accounts
As of now, there is no information available about Shikha Sharma’s social media accounts.
FAQs about Shikha Sharma
What is Shikha Sharma’s source of wealth?
Shikha Sharma’s primary source of wealth is her successful career in the banking industry.
What positions did Shikha Sharma hold at Axis Bank?
Shikha Sharma served as the Managing Director and CEO of Axis Bank.
What awards has Shikha Sharma received?
Shikha Sharma has been recognized with several prestigious awards, including being featured in the 50 Most Powerful Women in Business by Fortune, Top 20 Women in Finance by Finance Asia, and receiving the AIMA JRD Tata Corporate Leadership and Outstanding Businesswoman of the Year by CNBC TV18 Awards.
How many world records does Shikha Sharma hold?
Shikha Sharma is a renowned artist and has achieved seven world records for her exceptional Rangoli artwork.
Shikha Sharma’s net worth is a testament to her remarkable journey in the banking industry. With her exceptional skills and dedication, she has achieved tremendous success in her career and secured a significant financial standing. Shikha Sharma continues to inspire aspiring professionals with her influential presence in the corporate world.
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