ICICI Bank CEO Chanda Kochhar resigns

ICICI Bank CEO Chanda Kochhar resigned from his post on Thursday. He was facing controversies for several days, accusing Chanda Kochhar of wrongful lending to the Videocon group. In this case, Chanda and her husband have been under investigation for a long time.

Chanda Kochhar has made Sandeep Bakshi the new managing director and CEO of the bank after giving the post of bank CEO. It is being told that the bank board was looking for a new Managing Director for the last few months. The Board has decided to appoint Sandeep Bakshi as Managing Director and Chief Executive Officer of the Bank. Bakshi's tenure will be five years, IE, 3 October 2023.


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