BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has appointed as whole-time director and chief operating officer (COO) of ICICI Bank recently?
A
B Sriram
B
Sandeep Bakhshi
C
Arjit Basu
D
Inder Jit Singh
Explanation: 

Detailed explanation-1: -Sandeep Bakhshi as Wholetime Director and Chief Operating Officer (COO) of ICICI Bank.

Detailed explanation-2: -Bakhshi has been holding the position in the bank since October 15, 2018. Prior to his appointment, he was Wholetime Director and the Chief Operating Officer (COO).

Detailed explanation-3: -“The Board unanimously approved the re-appointment of Mr. Sandeep Bakhshi for a period of three years with effect from October 4, 2023 to October 3, 2026, subject to approval of the RBI and shareholders of the Bank, ” said the regulatory filing. He was appointed as the banks’s MD and CEO since October 15, 2018.

Detailed explanation-4: -Subject to the consent of the Reserve Bank of India (RBI) and the Bank’s shareholders, the re-appointment tenure will run from October 4, 2023, to October 3, 2026. Bakhshi has been in charge of the bank since October 15, 2018. He formerly served as Wholetime Director and Chief Operating Officer (COO).

Detailed explanation-5: -Sandeep Bakhshi, MD and CEO of ICICI Bank, received a remuneration of Rs 7.08 crore in FY22.

There is 1 question to complete.