ICICI Bank on Thursday informed stock exchanges that it had accepted its managing director and chief executive officer Chanda Kochhar’s request for a retirement from the bank at the earliest.
Kochhar will also quit the boards of directors of the bank and its various subsidiaries.
“The board of directors of ICICI Bank Limited accepted the request of Ms Chanda Kochhar to seek early retirement from the Bank at the earliest. The board accepted this request with immediate effect. The enquiry instituted by the board will remain unaffected by this and certain benefits will be subject to the outcome of the