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MOSTPOWERFUL WOMEN

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Prev Rank: 13

Kaku Nakhate, 

President & Country head, Bank of America- Merill Lynch
age: 49
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Nakhate has forged a reputation as a great relationship manager. Known for her ability to lure sticky clients, Nakhate has built a formidable client base for her bank. BofA India has led some of the biggest deals and issuances in recent times, and under her guidance, has become the first port of call for corporates such as the Aditya Birla Group, and banks such as ICICI, SBI, and HDFC. Some of her key deals this year: ICICI Prudential Life Insurance's IPO, and the merger of AB Nuvo with Grasim. Nakhate reckons the market is picking up, but it isn't ready for blockbuster deals yet. Some lucrative deals, however, have helped profit grow at 30%.
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