BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the present MD and CEO of ICICI Bank?
A
Vishakha Mulye
B
Sandeep Bakhshi
C
Girish Chandra Chaturvedi
D
Neelam Dhawan
Explanation: 

Detailed explanation-1: -The re-appointment period to start from October 4, 2023. The board of directors of ICICI Bank has re-appointed Sandeep Bakhshi as the bank’s managing director (MD) and chief executive officer (CEO) for a period of three years, the bank said in a regulatory filing.

Detailed explanation-2: -Sandeep Bakhshi is the Managing Director and CEO of ICICI Bank since October 15, 2018. Prior to his appointment as MD & CEO, he was a Wholetime Director and the Chief Operating Officer (COO) of the Bank.

Detailed explanation-3: -ICICI Bank’s board of directors has reappointed Sandeep Bakshi as the managing director (MD) and chief executive officer (CEO) for a period of three years, said in a regulatory filing. The tenure Sandeep Bakshi was till October 3, 2023.

Detailed explanation-4: -Sandeep Bakhshi, MD and CEO of ICICI Bank, received a remuneration of Rs 7.08 crore in FY22.

Detailed explanation-5: -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).

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