[ad_1]
ICICI Bank's Board of Directors approved Friday the appointment of Girish Chandra Chaturvedi as Non-Executive Part-Time Chair, effective July 1, 2018.
"This is to inform you that the ICICI Board of Directors The Bank, at its meeting today, has appointed Mr. Girish Chandra Chaturvedi as the Additional Director (Independent) to count July 1, 2018 for a period of 3 years subject to shareholder approval, "ICICI Bank has informed the stock exchanges today.
Chaturvedi's appointment comes at the end of the term of incumbent President MK Sharma on June 30. It will be subject to the approval of the Reserve Bank of India (RBI).
Chaturvedi held the position of IAS Officer of the 1977 Group and retired. oil secretary in January 2013.
Chaturvedi served as additional secretary in financial services with the Government of India, and held various other senior positions in the government, according to Bloomberg.
He was previously Chairman of Petronet LNG, an Indian Petroleum Reserve Indian Company, and has served on the board of directors of other companies, including the General Insurance Corporation of India, New India Insurance. Company and United India Insurance.
IDBI Bank and Canara Bank
Chaturvedi holds an MSc in Physics and Social Policy from the London School of Economics, UK, and also holds a PhD in Economic History from the University of Oxford
. Mr Chaturvedi will bring maturity and sagacity to the deliberations of the Council. It would also ensure a smooth and smooth transition of leadership within the Board and respond to stakeholder concerns in this regard, "said the Exchange Filing.
He adds: "We affirm that Mr. Girish Chandra Chaturvedi has not prevented the position of director under an order of Securities and Exchange Board of India or any other authority. "
The appointment of the new President comes at a time when ICICI Bank fight against & # 39; one of its worst crisis management [19659002Le28marsdesrapportsontétépubliésfaisantétatdeconflitsd'IntérêtsentresonPDGetMDChandaKochharetlesliensaveclesprêtsconsentisparICICIBankàVideoconGroupetsesliensaveclasociétédesonmariDeepakKochharLeconseild'administrationdelabanqueaexclutoutacterépréhensibledelabanqueoudeKochhardéclarantavoirexaminélesprocessusinternesdelabanqueauxfinsd'approbationducréditetlesavoirjugés"robust"
that she had received at least three whistleblower complaints received, first by an activist shareholder in October 2016, and decided to institute an independent investigation on May 29 to probe Chanda Kochhar.
Two weeks ago, the bank informed Kochhar
The board also appointed Sandeep Bakhshi to a new position of chief operating officer, set up to occupy operations. commercial and corporate affairs of the bank in the absence of Kochhar.
[ad_2]
Source link
