ICICI Bank reappoints Sandeep Bakhshi as MD & CEO

ICICI Bank reappoints Sandeep Bakhshi as MD & CEO

Daily Current Affairs   /   ICICI Bank reappoints Sandeep Bakhshi as MD & CEO

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Category : Appointment/Resignation Published on: October 28 2022

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  • ICICI Bank’s board of directors has reappointed Sandeep Bakhshi as the bank’s managing director (MD) and chief executive officer (CEO) for a three-year term.
  • Subject to the consent of the Reserve Bank of India (RBI) and the Bank’s shareholders, the re-appointment tenure will run from October 4, 2023, to October 3, 2026.
  • Bakhshi has been in charge of the bank since October 15, 2018. He formerly served as Wholetime Director and Chief Operating Officer (COO).
  • Bakhshi has worked for the ICICI Group for 36 years, holding various positions at ICICI Limited, ICICI Lombard General Insurance, ICICI Bank, and ICICI Prudential Life Insurance.
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