Business

Girish Chandra Chaturvedi has been named as an independent director of ICICI Bank for three years.ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1.
Chaturvedi, a former Indian Administrative Services officer, most recently served as chairman of the Warehousing Development and Regulatory Authority.He has also served as a government nominee director on the boards of Life Insurance Corp (LIC) of India, Canara Bank, Bank of Baroda, IDBI Bank Ltd and IDFC Ltd.(: ICICI Prudential Life Insurance Appoints NS Kannan As MD And CEO)ICICI Bank's current Chairman M.K.
Sharma's term expires on June 30, the bank said in a statement.The bank, India's third largest lender by assets, also named Chaturvedi as an independent director for three years.This comes shortly after the bank tapped group veteran Sandeep Bakhshi to be its interim head, with Chief Executive Chanda Kochhar on leave pending a probe over an alleged conflict of interest.
Thomson Reuters 2018(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)





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