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Former Petroleum Secy appointed non-executive chairman, ICICI Bank
By IndianMandarins- 29 Jun 2018
1007
Former Petroleum Secretary Girish Chandra Chaturvedi (Retd IAS:1977:UP) appointed Non-executive part-time Chairman of ICICI Bank. His appointment is effective July 1, 2018 for a period of three years, subject to the approval of shareholders.
The term of office of incumbent M K Sharma (Independent Director & Chairman) expires on June 30, 2018.
Earlier this month, ICICI Bank announced that Kochhar has decided to go on leave until the end of the external enquiry into the matter.
It may be noted that ICICI Bank is under the scanner of various regulatory agencies for alleged conflict of interest involving its CEO Chanda Kochhar and her family members in extending loans to some corporates, including the Videocon Group.
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Former Petroleum Secy appointed non-executive chairman, ICICI Bank
By IndianMandarins - 2018-06-29 13:42:09
Former Petroleum Secretary Girish Chandra Chaturvedi (Retd IAS:1977:UP) appointed Non-executive part-time Chairman of ICICI Bank. His appointment is effective July 1, 2018 for a period of three years, subject to the approval of shareholders.
The term of office of incumbent M K Sharma (Independent Director & Chairman) expires on June 30, 2018.
Earlier this month, ICICI Bank announced that Kochhar has decided to go on leave until the end of the external enquiry into the matter.
It may be noted that ICICI Bank is under the scanner of various regulatory agencies for alleged conflict of interest involving its CEO Chanda Kochhar and her family members in extending loans to some corporates, including the Videocon Group.
