Management ChangeMay 26, 2026, 06:07 AM
ICICI Bank MD & CEO Sandeep Bakhshi Re-appointed for Two Years
AI Summary
ICICI Bank announced that the Reserve Bank of India (RBI) has approved the re-appointment of Mr. Sandeep Bakhshi as Managing Director & CEO for a period of two years. The re-appointment is effective from October 4, 2026, to October 3, 2028. This follows the Board's unanimous approval on January 17, 2026, and the Bank will now seek shareholder approval.
Key Highlights
- RBI approved the re-appointment of Mr. Sandeep Bakhshi as Managing Director & CEO.
- Re-appointment is for a period of two years.
- Effective from October 4, 2026, to October 3, 2028.
- The Board had unanimously approved the re-appointment on January 17, 2026.
- Shareholder approval for the re-appointment will be sought in due course.
Price Impact
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