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ICICI Bank board appoints Sandeep Bakhshi as whole time director, COO

Chanda Kochhar will be on leave till completion of the enquiry. However, she will continue to remain the CEO and MD of the bank

Chanda Kochhar
Premium

Chanda Kochhar

BS Web Team
ICICI Bank's board on Monday appointed Sandeep Bakhshi as the bank's Chief Operating Officer (COO) and whole time director of the bank for a period of five years. He will take over on June 19. ICICI Managing Director & Chief Executive Officer Chanda Kochhar will be on leave till completion of the enquiry. However, she will continue to remain the CEO and MD of the bank.

All the other board members will report to Bakhshi and he will report to Chanda Kochhar. Bakhshi has not been made either the CEO or the MD of the bank.

The decision comes after ICICI

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