RBI approves the reappointment of Sandeep Bakshi as MD & CEO of ICICI Bank

Daily Current Affairs / RBI approves the reappointment of Sandeep Bakshi as MD & CEO of ICICI Bank

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Category : Appointment/Resignation Published on: September 13 2023

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The Reserve Bank of India (RBI) approved the reappointment of Sandeep Bakshi as the Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank.
The RBI approval, received through an exchange filing on September 11, has extended the tenure of Sandeep Bakshi as MD and CEO of ICICI Bank from October 4, 2023, to October 3, 2026.
Sandeep Bakshi has been leading ICICI Bank since October 15, 2018, and before that, he served as a full-time director and Chief Operating Officer (COO).
Bakshi has a tenure of 36 years in ICICI Group and has held various important positions.
ICICI Bank Limited is an Indian multinational bank and financial services company.