The Power List 2026: Financial Services

Recognising Asia's Most Influential Leaders in Finance

The Power List 2026 for Financial Services honours the leaders reshaping how Asia saves, borrows, invests, and insures. These are bankers, fintech founders, asset managers, insurers, and regulators who have delivered measurable growth while widening financial inclusion, strengthening trust, and modernising the systems that move capital across the continent. From digital payments reaching first-time users to institutions financing Asia's energy transition, this list celebrates the leaders building a financial sector that is resilient, accessible, and ready for the next decade.

Top BFSI Power List

AMITABH CHAUDHRY
AMITABH CHAUDHRY
MD & Chief Executive Officer Axis Bank
#FinancialServices

Amitabh Chaudhry is the Managing Director and Chief Executive Officer of Axis Bank, one of India's leading private sector banks. With decades of leadership experience across the financial services, insurance, and IT industries, he has been at the forefront of driving digital transformation, customer-centric innovation, and sustainable growth within India's banking sector.

Before joining Axis Bank, Amitabh served as the Managing Director and CEO of HDFC Life Insurance, where he played a key role in building it into one of India's most trusted life insurance companies. He has also held leadership positions at Infosys BPO and AMP Sanmar, bringing a rare blend of technology, financial services, and operational expertise to every role he has taken on.

Under his leadership at Axis Bank, the organization has strengthened its focus on digital banking, risk management, and inclusive growth, positioning itself as a forward-looking institution in India's evolving financial landscape.

Known for his strategic vision and people-first leadership style, Amitabh Chaudhry continues to inspire confidence among stakeholders, employees, and customers alike, reinforcing Axis Bank's position as a trusted name in Indian banking.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #MDCEO #Banking #FinancialServices #India #AxisBank #TopCEO

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Ashok Vaswani
Ashok Vaswani
MD & CEO Kotak Mahindra Bank
#FinancialServices

Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He has led the Bank since January 2024.

A Chartered Accountant with over 35 years of banking experience, he spent two decades at Citigroup, including as CEO Asia Pacific, before leading Barclays UK and later its global consumer, private, corporate and payments businesses. He later served as President of Pagaya Technologies. Known for driving the shift to digital banking, he brings technology depth and a customer-focused strategy. His inclusion in the Power List recognises his contribution to India’s banking industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #ManagingDirector #CEO #KotakMahindraBank #DigitalBanking #GlobalBanking #Banking #BFSI #FinancialServices #India #TopCEO #IndustryTrailblazer

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Challa Sreenivasulu Setty
Challa Sreenivasulu Setty
Chairman State Bank of India
#FinancialServices

Challa Sreenivasulu Setty, known as C. S. Setty, Chairman of State Bank of India, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He leads India’s largest public sector bank, serving customers across the country and overseas.

C. S. Setty joined SBI as a probationary officer in 1988, starting at a branch in Bardoli, Gujarat, and has built his career within the institution over more than 35 years. A Bachelor of Science in agriculture graduate and a certified associate of the Indian Institute of Bankers, he rose to Managing Director, where he oversaw international banking, global markets and technology. He took charge as the Bank’s 27th Chairman in August 2024.

Known for engaging directly with retail customers to understand their experiences and pain points, C. S. Setty combines institutional depth with a customer-first outlook. His inclusion in the SpeakIn Power List 2026 recognises his contribution to India’s banking and financial services industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #Chairman #StateBankOfIndia #SBI #PublicSectorBanking #Banking #BFSI #FinancialServices #India #TopLeader #IndustryTrailblazer

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MAHESH BALASUBRAMANIAN
MAHESH BALASUBRAMANIAN
Managing Director & CEO Kotak Life
#FinancialServices

Mahesh Balasubramanian leads Kotak Life, one of India's trusted names in the life insurance sector. Under his guidance, the company has strengthened its product offerings and expanded its reach across protection, savings, and retirement solutions. Known for a customer-centric, growth-oriented style of leadership, he has helped position the company as a reliable partner in financial security for millions of Indian families. His work spans product innovation, digital adoption, and distribution expansion, all aimed at deepening insurance penetration across the country. He is recognized among Asia's most influential leaders for his contribution to the life insurance industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #CEO #LifeInsurance #India #KotakLife #TopCEO

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PARTHANIL GHOSH
PARTHANIL GHOSH
Managing Director and CEO HDFC ERGO General Insurance
#FinancialServices

Parthanil Ghosh leads HDFC ERGO General Insurance, one of India's leading general insurers, guiding its strategy across health, motor, and commercial insurance lines. He has driven digital adoption within the company, simplifying claims and policy processes for customers while expanding distribution reach. A strong push toward product innovation and customer-centric service models has marked his tenure. He is regarded as a steady hand in a fast-changing insurance landscape, balancing growth ambitions with risk discipline. His contributions have helped shape how general insurance is delivered and experienced across the Indian market.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #MDCEO #GeneralInsurance #InsuranceSector #DigitalTransformation #India #HDFCERGO #TopCEO #IndustryTrailblazer

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RADHIKA GUPTA
RADHIKA GUPTA
MD & Chief Executive Officer Edelweiss Asset Management Limited
#FinancialServices

Radhika Gupta leads Edelweiss Asset Management Limited, where she has built a reputation for making investing accessible and relatable to everyday Indians. She is widely known for her clear, jargon-free communication style, often appearing in media to demystify financial concepts for retail investors. Under her leadership, the fund house has expanded its offerings while investing heavily in investor education. Her approach combines strong business acumen with a genuine commitment to financial literacy. She is frequently cited as one of the most recognizable and influential voices in India's asset management and personal finance space.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #MDCEO #AssetManagement #FinancialServices #WomenInLeadership #India #EdelweissMutualFund #TopCEO #IndustryTrailblazer

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RAJAT VERMA
RAJAT VERMA
Chief Executive Officer DBS Bank India
#FinancialServices

Rajat Verma leads DBS Bank India's business, shaping how the bank serves institutional, wealth, and retail clients across more than 500 branches in 19 states. Under his leadership since March 2025, DBS Bank India continues to build on a strong platform across institutional banking, wealth, and retail segments. He brings a distinguished career spanning 27 years in consumer and corporate banking, including transactional banking, sustainable finance, and SME banking, having previously served as Managing Director and Country Head of Commercial Banking at HSBC India. His vision continues to influence how banking and institutional finance evolve in India.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #CEO #Banking #DBSBankIndia #India #TopCEO

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Rajeev Jain
Rajeev Jain
Vice Chairman & MD Bajaj Finance
#FinancialServices

Rajeev Jain, Vice Chairman and Managing Director of Bajaj Finance, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He leads one of India’s most diversified non-bank financial companies.

He worked at GE, American Express and AIG before joining the Bajaj Finserv group in 2007 as CEO of Bajaj Finance. He became Managing Director in 2015 and has led its shift from a single-product auto lender to a technology-driven financial services provider.

Known for a digital-first outlook, he has brought millions of new-to-credit customers into India’s formal financial system. His inclusion in the Power List recognises his contribution to India’s financial services industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #ManagingDirector #ViceChairman #BajajFinance #BajajFinserv #NBFC #ConsumerLending #BFSI #FinancialServices #India #TopCEO #IndustryTrailblazer

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Sandeep Bakhshi
Sandeep Bakhshi
MD & CEO ICICI Bank
#FinancialServices

Sandeep Bakhshi, Managing Director and CEO of ICICI Bank, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He leads one of India’s largest private sector banks.

He has been with the ICICI Group since 1986, including as MD & CEO of ICICI Prudential Life Insurance from 2010 to 2018. He became MD & CEO of ICICI Bank in October 2018 and was reappointed for a further two years from October 2026. Known for a disciplined, long-term approach centred on profitability and trust, he reflects the depth of leadership built within the ICICI Group. His inclusion in the Power List recognises his contribution to India’s banking industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #ManagingDirector #CEO #HDFCBank #Banking #BFSI #FinancialServices #India #TopCEO #IndustryTrailblazer

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SANJEEV MANTRI
SANJEEV MANTRI
Managing Director & CEO ICICI Lombard
#FinancialServices

Sanjeev Mantri leads ICICI Lombard, one of India's leading private sector general insurers. Under his guidance, the company has strengthened its digital capabilities and expanded its reach across health, motor, and property insurance segments. Known for a customer-focused, innovation-driven style of leadership, he has helped position ICICI Lombard as a trusted name in India's general insurance industry. His work spans digital transformation, product innovation, and customer experience, all aimed at making insurance more accessible across the country. He is recognized among Asia's most influential leaders for his contribution to the insurance sector.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #CEO #Insurance #GeneralInsurance #India #ICICILombard #TopCEO

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Sanjiv Bajaj
Sanjiv Bajaj
Chairman & MD Bajaj Finserv
#FinancialServices

Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He leads the holding company for the Bajaj Group’s financial services businesses.

With degrees from the University of Pune, the University of Warwick and Harvard Business School, he began his career at Bajaj Auto in 1994. After the 2007 demerger, he became Managing Director of Bajaj Finserv. He also chairs several Bajaj group companies. He served as President of the Confederation of Indian Industry in 2022-23 and chairs the India@100 Foundation. His inclusion in the Power List recognises his contribution to India’s financial services industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #Chairman #ManagingDirector #BajajFinserv #BajajGroup #FinancialServices #Insurance #BFSI #India #TopLeader #IndustryTrailblazer

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Sashidhar Jagdishan
Sashidhar Jagdishan
MD & CEO HDFC Bank
#FinancialServices

Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, is recognised as one of Asia’s Most Influential Leaders 2026 in the SpeakIn Power List™. He leads one of India’s largest private sector banks, serving customers across retail, wholesale and digital banking.

A Chartered Accountant, he joined HDFC Bank in 1996 and became Chief Financial Officer in 2008. He led finance for 12 years, was named Strategic Change Agent in 2019, and took charge as MD & CEO in October 2020.Under his leadership, the Bank completed the 2023 HDFC Limited merger and was named Euromoney’s Best Bank in India in 2021 and 2022.

Known for financial rigour and an institution-first approach, he combines long-term continuity with a focus on scale and trust. His inclusion in the SpeakIn Power List 2026 recognises his contribution to India’s banking and financial services industry.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #ManagingDirector #CEO #HDFCBank #Banking #BFSI #FinancialServices #India #TopCEO #IndustryTrailblazer

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SRIRAM IYER
SRIRAM IYER
MD & Chief Executive Officer HDFC Pension
#FinancialServices

Sriram Iyer leads HDFC Pension's business, shaping how India approaches retirement planning and long-term financial security under the National Pension System. Under his leadership, HDFC Pension has strengthened its position as one of the leading pension fund managers in India, with a strong focus on returns and retirement outcomes for subscribers. He brings a distinguished career in financial services leadership, regularly engaging with regulators and industry bodies on the future of pension funds across the Asia Pacific region. His vision continues to influence how India builds a more secure retirement ecosystem.

#SpeakInPowerList #SpeakIn #AsiaLeaders2026 #VisionaryLeadership #CEO #Pension #NPS #India #HDFCPension #TopCEO

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