Management Change22 May 2026, 09:41 pm
ICICI Bank: Sandeep Bakhshi Re-Appointed MD & CEO, RBI Approved
AI Summary
ICICI Bank Ltd. announced that the Reserve Bank of India (RBI) has approved the re-appointment of Mr. Sandeep Bakhshi (DIN: 00109206) as Managing Director & CEO for a further period of two years, effective from October 4, 2026, to October 3, 2028. This re-appointment is subject to shareholder approval, which will be sought in due course. The initial announcement regarding the Board's unanimous approval for Mr. Bakhshi's re-appointment was made on January 17, 2026.
Key Highlights
- RBI approves Sandeep Bakhshi's re-appointment as ICICI Bank MD & CEO.
- Re-appointment is for two years, effective October 4, 2026 to October 3, 2028.
- Shareholder approval for the re-appointment will be sought.
- Board's initial approval for re-appointment was announced January 17, 2026.
Price Impact
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