Edition:
United Kingdom

ICICI Bank Accepts Chanda Kochhar's Request For Early Retirement


Thursday, 4 Oct 2018 

Oct 4 (Reuters) - ICICI Bank Ltd ::SAYS ACCEPTED REQUEST OF MS CHANDA KOCHHAR TO SEEK EARLY RETIREMENT FROM BANK AT EARLIEST.SAYS DECIDED TO APPOINT SANDEEP BAKHSHI AS MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER.SAYS KOCHHAR WILL ALSO RELINQUISH OFFICE FROM BOARD OF DIRECTORS OF BANK'S SUBSIDIARIES.SAYS BAKHSHI'S APPOINTMENT WILL BE FOR A PERIOD OF FIVE YEARS UNTIL OCTOBER 3, 2023,.SAYS MD MALLYA, INDEPENDENT DIRECTOR RESIGNED FROM THE BOARD AND THE SAME WAS ACCEPTED.