Mrs. Lalita Dileep Gupte is an Independent Director on the Board of Kirloskar Brothers Limited. Mrs. Gupte holds a Bachelor's Degree in Economics (Hons) and a Master's degree in Management Studies. She has more than three decades of experience in the financial sector. Beginning her career with the erstwhile ICICI Limited in 1971, she has held various leadership positions in the areas of Corporate, Retail and International Banking, Strategic Planning & Resources and other areas.
Mrs. Gupte was appointed as Executive Director and Member of the Board of ICICI Limited in 1994 and elevated to Deputy Managing Director in 1996, consequently, she became Joint Managing Director in June, 1999 and continued to hold the said position even when ICICI Bank was merged.
Mrs. Gupte was instrumental in transforming ICICI Bank from a primarily term lending institution into a technology led diversified financial service group. She was also responsible for international banking operations. During her tenure, the Bank became a technology and retail banking leader in India and gained recognition internationally. Mrs. Gupte has received numerous awards during her career and is a member of various experts' groups. She retired from ICICI Bank at the end of October 2006.
She also serves on the Boards of ICICI Venture Funds Management Company Limited as Chairperson and as Director on the boards of Bharat Forge Limited, HPCL-Mittal Energy Limited, Godrej Properties Limited, Swadhaar FinServe Private Limited and Alstom.
She is also associated with SVKM's NMIMS University, Joseph L Rotman School of Management, Rothschild (India) Private Limited, Welham Girls' School and RAND Centre for Asia Pacific Policy.