ICICI Bank board appoints Girish Chandra as non-executive chairman
ICICI Bank Ltd board has named former bureaucrat Girish Chandra Chaturvedi as part-time non-executive chairman. His appointment will be effective 1 July, or the date of receipt of Reserve Bank of India (RBI) approval, whichever is later. Current chairman M.K. Sharma’s term ends on 30 June.
He is a former Indian Administrative Services officer & most recently served as chairman of the Warehousing Development and Regulatory Authority.
He has been also appointed as an additional independent director, effective 1 July, for a period of three years, subject to the approval of shareholders.
Did you Know
ICICI Bank (Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. In 2017, it is the third largest bank in India in terms of assets and fourth in term of market capitalisation.
ICICI Bank has appointed Walker Chandiok & Co as statutory auditors of the bank as the term of the previous auditor expired.