K V Kamath to head the BRICS development Bank

Kundapur Vaman Kamath’s appointment as the head of BRICS bank (now renamed New Development Bank) is perhaps a testimony to his ability to build an institution.

His colleagues, mentees, and peers in the corporate world say that the new stint is apt for the eminent banker, who is now returning to take up an executive role after a long gap.

K Ram Kumar, Executive Director on the Board of ICICI Bank, who has worked closely with Kamath for over 15 years, told BusinessLine, “Look at the number of people he has groomed including men and women. The current character of ICICI Group is Mr Kamath’s vision.”

“He is my mentor...Anyone who walks into his room, comes out inspired and there are very few people like this. You come out of his room and think, ‘Am I really that good?’ — he has that skill to fire you up,” he adds.