CURRENT AFFAIRS

Detailed explanation-1: -“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-2: -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-3: -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-4: -ICICI’s expansion under Kochhar At 47, she became the youngest CEO and the first woman to head a central Indian bank.

Detailed explanation-5: -Anindya Banerjee as the Group Chief Financial Officer and Key Managerial Personnel of the Bank with effect from May 1, 2022.