Management ChangeJun 2, 2026, 06:12 AM
ICICI Bank Appoints Ashwani Bhatia as Independent Director
AI Summary
ICICI Bank Limited announced the appointment of Mr. Ashwani Bhatia as an Additional (Independent) Director to its Board. The appointment, approved by circulation, is for a five-year term commencing June 1, 2026, and is subject to shareholder approval. Mr. Bhatia brings over 40 years of experience in financial markets and banking, including serving as a Whole Time Member at SEBI and as Managing Director of State Bank of India.
Key Highlights
- ICICI Bank's Board approved the appointment of Mr. Ashwani Bhatia as an Additional (Independent) Director.
- Mr. Bhatia's term is from June 1, 2026, to May 31, 2031, subject to shareholder approval.
- Mr. Bhatia has over 40 years of experience in financial markets and banking.
- He served as a Whole Time Member at SEBI from June 2022 to May 2025.
- Prior to SEBI, he spent approximately 37 years with the State Bank Group, retiring as Managing Director of SBI.
- He previously served as MD & CEO of SBI Funds Management Limited.
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