H. A. Daruwala, CMD of Central Bank of India, believes that change is an important part of growing. Relinquishing the post of Executive Director of Oriental Bank of Commerce, she is now heading Central Bank of India. The bank, established in 1911 by Sir Sorabji Pochkhanawala, is one of the oldest and largest commercial banks of India. It was the first commercial bank of India, which was completely owned by Indians. The bank, along with 13 other major commercial banks of India, was nationalized on 19th July, 1969, by the Government of India. Currently (2005), the bank has 3155 branches spread over 27 states of India. With the taking over as CMD, H. A. Daruwala has initiated major steps to bring this bank at par with private banks.

She has taken decisions regarding computerisation, ATM services and above all Core Banking. She represents the hope that during her tenure, the bank will be restored its number one ranking. With a highly qualified and responsible staff on her side she will definitely achieve the desired results. In her first move, she has already planned to introduce CBS in its 1000 branches in the first leg. While change perturbs most people, she believes that to exist is to change, to change is to mature, to mature is to go on creating oneself endlessly. With that in mind, she is out to create Central Bank of India’s image from scratch. And to write its name at the top of India’s bank list.