This is very trending news as of this time, and if you are an aspirant of the banking exam, you must know this news because in the banking and insurance exam, such types of questions are asked. ICICI Bank is India’s leading and biggest private bank and thousand of its branches and atm points. Recently bard of the ICICI Bank has decided to reappoint Sandeep Bakhshi as Managing Director and CEO for a fresh two-year term till October 2028.
Who has been appointed as the MD and CEO of ICICI Bank?
This is the good news for the supporters of Sandeep Bakhshi, he has much experience in the banking and finance sector. The main operation of this is done with the help of the RBI or under the knowledge of the Reserve Bank of India.
Due to his extraordinary performance in the last few years at ICICI Bank in all financial assets such as banking, Finance, Loans, Credit Card, Accounting and bank got a good position in the market. Now, the ICICI Bank is the learning and top-performing private sector bank.
Why was Reappointed?
There are many factors and reasons behind his appointment as the MD and CEO of the ICICI Bank Ltd. His work was very impressive and result-oriented. He joined the ICICI Bank as the MD and CEO on 15th October 2018. Before this post, he was the Whole Time director and chief operational officer.
He contributed to the ICICI Bank as the financial advisor as well as the leading person. After coming to the ICICI Bank its gained more profit and business. He has held important positions across ICICI Limited, ICICI Lombard General Insurance, ICICI Bank, and ICICI Prudential Life Insurance.
In view of his work, the board has extended his tenure. His new tenure will begin on October 4, 2026, after the completion of his current term, and will run until October 3, 2028.
Leadership of Sandeep Bakhshi
- He joined the ICICI Bank in October 2018 as the MD and CEO.
- During his working tenure given more profit and benefits
- Gave the latest service to the customer
- Enabled the latest technology in the banking sector
- Secure the account from fraud.
- Built investor confidence in the ICICI Bank
- Open many branches and ATM points
About the ICICI Bank
| Particulars | Details |
| Bank Name | ICICI Bank Limited |
| Full Form | Industrial Credit and Investment Corporation of India |
| Type | Private Sector Bank |
| Established | 1955 |
| Founder | ICICI (as a development financial institution) |
| Headquarters | Mumbai, Maharashtra, India |
| MD & CEO | Sandeep Bakhshi |
| Chairman | Girish Chandra Chaturvedi |
| Services | Retail Banking, Corporate Banking, Investment Banking, Insurance, Mutual Funds, Digital Banking |
| Major Products | Savings Account, Current Account, Loans, Credit Cards, Fixed Deposits |
| Parent Organization | ICICI Group |
| Tagline | “Hum Hai Na” |
| Official Website | www.icicibank.com |
| Presence | India and International (USA, UK, Canada, Singapore, UAE, etc.) |
| Bank Code (IFSC starts with) | ICIC |
| Listed On | NSE & BSE |
Banking Exam Related Questions
Question: Who is Reappointed as the MD and CEO of the ICICI Bank?
- Rajeev Kumar
- Pawat Pawar
- Ajay Kumawat
- Sandeep Bakhshi
Question: Where is the Head office of the ICICI Bank?
- New Delhi
- Bangalore
- Mumbai
- Chennai