ICICI Bank CEO Sandeep Bakhshi gets two-year extension
The Reserve Bank of India approved Sandeep Bakhshi's reappointment as ICICI Bank CEO for two years. He will lead the private lender until October 3, 2028.
ICICI BANK LTD received regulatory approval to reappoint Sandeep Bakhshi as chief executive for two additional years. The extension keeps the veteran leader at the helm of the second-largest private lender in India until October 3, 2028. Investors view the move as a signal of leadership stability during a period of consistent profit growth.
### RBI Validates Board Decision The Reserve Bank of India cleared the reappointment on Friday afternoon, following a board proposal initiated in January. Bakhshi has led the bank since 2018, overseeing a period of significant balance sheet expansion and digital transformation. The new term begins October 4, ensuring no gap in executive oversight for the Mumbai-based institution.
