Summary
Overview
Work History
Education
Skills
Accomplishments
INTEREST
Timeline
Generic

RITUPARNA ADAK

Summary

Accomplished financial leader with a strong background at ICICI Bank Ltd, specializing in strategic planning and financial portfolio management. Demonstrated success in boosting customer engagement and driving business growth in the financial services sector. Skilled in leading diverse teams, streamlining customer experiences, managing financial portfolios, strategic planning, and fostering digital collaborations.

Overview

14
14
years of professional experience

Work History

Squad Leader: Digital Partnership / Associate Leadership Team

ICICI Bank Ltd
08.2024 - Current

Transforming Education Loans Through Digital Innovation

  • Innovative digital strategies led to a 15% increase in education loan applications.
  • Customer behavior analysis improved product development, enhancing satisfaction scores by 20%.
  • Streamlined processing reduced education loan journey time by 25%, boosting customer satisfaction.
  • Cross-functional collaboration ensured effective execution of digital initiatives.
  • Innovative solutions increased digital loan applications by 10% while reducing operational costs by 5%.

Regional Head: Private Banking

ICICI Bank Ltd
09.2022 - 08.2024

Successful in Managing Ultra-High-Net-Worth Client Portfolios

  • Managed a ₹500 Crore portfolio for UHNI clients with a team of 5, exceeding revenue targets by 18%.
  • Delivered tailored financial solutions, leading to a 15% increase in client investment.
  • Acquired 12 new UHNI clients annually, strengthening strategic relationships.
  • Increased new business acquisition by 20% and enhanced client wallet share by 15%.
  • Implemented training for Private Bankers, improving team performance and client satisfaction.
  • Enhanced team collaboration through regular communication, goal setting, and performance evaluations.

Regional Head Sales: Wealth Management

ICICI Bank Ltd
04.2022 - 09.2022

Key Achievements in Client Investment Strategy and Team Performance

  • Customized investment strategies achieved an average portfolio growth of 8% annually.
  • Maintained a 95% client retention rate through regular performance updates.
  • 98% client satisfaction rating within 90 days due to seamless onboarding processes.
  • Team productivity increased by 10% through ongoing training programs.
  • Client acquisition initiatives led to a 12% increase in new clients.

Investment Specialist: Wealth Management

ICICI Bank Ltd
05.2019 - 04.2022

Maximizing Client Investment Success

  • Managed portfolios for 12 wealth managers, exceeding benchmarks by 12%.
  • Provided personalized financial planning for high net worth clients, achieving a 90% retention rate.
  • Collaborated with analysts to develop three new innovative investment products.
  • Regularly reviewed client portfolios to adapt to life changes and market conditions.
  • Consistently outperformed market averages in investment returns. performance and maintaining a 95% client satisfaction rate.
  • Identified client requirements to customize wealth growth suggestions using various investment instruments, leading to increased client satisfaction and a 10% increase in average portfolio size.
  • Advised on financial products, including mutual funds, life insurance, and structured products, providing comprehensive financial solutions and increasing product penetration by 8%.
  • Monitored financial market trends to ensure alignment of client strategies with evolving environments, proactively adjusting portfolios to mitigate risk and maximize returns.
  • Profiled customers to recommend appropriate financial products based on individual needs and risk tolerance, resulting in a 15% increase in cross-selling opportunities.
  • Recognized with the 'Throughput Achiever' Award for successfully executing multiple Portfolio Management Services (PMS) and Mutual Fund (MF) deals, demonstrating exceptional efficiency and market expertise and generating $5 million in revenue.

Key Account Manager

ICICI Bank Ltd
10.2013 - 04.2019

Marketing Success Through Strategic Collaboration

  • Implemented marketing strategies leading to a 10% revenue increase.
  • Identified three new strategic partnerships with the Wholesale Banking Team.
  • Managed a portfolio of 180 MNCs, achieving a 12% increase in value.
  • Improved customer service ratings by 10% through coordinated corporate coverage.
  • Launched D2C marketing campaigns, enhancing brand awareness by 20%.

Relationship Manager: Wealth Management

HDFC Bank
05.2012 - 09.2013

Successful Financial Advisory for High Net Worth Clients

  • Achieved a 95% client satisfaction rate by advising high net worth individuals on diverse investment opportunities.
  • Managed investment processes, boosting client referrals by 10% through effective query resolution.
  • Conducted gap analyses that led to a 12% increase in client investments by identifying strengths and weaknesses.
  • Provided tailored financial planning that resulted in a 15% reduction in client churn and increased loyalty.
  • Regularly reviewed portfolios and adjusted strategies, maintaining a 98% client retention rate amidst market changes.

Summer Intern

Union Bank of India
03.2011 - 06.2011
  • Conducted credit appraisals for term loans and working capital financing in the MSME sector.
  • Executed loan documentation procedures to streamline MSME financing processes.
  • Applied techniques to ensure effective utilization of loan funds.
  • Managed assessments of non-performing assets (NPAs) for MSME loans at Union Bank of India.
  • Developed methodologies through analysis of live case studies.

Education

MBA - Finance And Marketing

Institute of Management Technology
Nagpur
01-2012

Bachelor of Commerce - Finance

Sivanath Sastri College
Kolkata, India
01-2009

Skills

  • Effective communication
  • CXO and UHNI engagement
  • Financial portfolio management Strategic planning
  • Analytical thinking
  • Product strategy
  • Customer journey optimization Risk assessment
  • Market analysis
  • Interdepartmental collaboration Client engagement
  • Compliance oversight

Accomplishments

  • National Winner, ICICI Game Changers Award (2020-2021) for comprehensive corporate solutions for TCS.
  • Secured 24 WBG corporate empanelments (e.g., Wunderman Thompson Group, Nykaa Group) and cultivated 45+ PODs, relationships, and attachments (NPS, ESOP funding, multi-wallet cards, retail products).
  • Onboarded multiple high-profile UHNI clients and corporate accounts, delivering comprehensive solutions and increasing wallet share.
  • Multiple ICICI wealth management contest wins at national and zonal levels.
  • Consistently exceeded expectations, achieving top performance ratings and earning promotions in two consecutive years.

INTEREST

MARATHONER AND FITNESS ENTHUSIAST

Finisher of 13 full marathons and 50+ half marathons, HYROX 2025 participant

Notable performance: Marathon podium finishes and fitness challenge wins

Timeline

Squad Leader: Digital Partnership / Associate Leadership Team

ICICI Bank Ltd
08.2024 - Current

Regional Head: Private Banking

ICICI Bank Ltd
09.2022 - 08.2024

Regional Head Sales: Wealth Management

ICICI Bank Ltd
04.2022 - 09.2022

Investment Specialist: Wealth Management

ICICI Bank Ltd
05.2019 - 04.2022

Key Account Manager

ICICI Bank Ltd
10.2013 - 04.2019

Relationship Manager: Wealth Management

HDFC Bank
05.2012 - 09.2013

Summer Intern

Union Bank of India
03.2011 - 06.2011

MBA - Finance And Marketing

Institute of Management Technology

Bachelor of Commerce - Finance

Sivanath Sastri College
RITUPARNA ADAK