Chanda Kochhar quits ICICI Bank; Sandeep Bakhshi appointed new CEO

The board of directors of ICICI Bank Limited accepted Chanda Kochhar's request to seek early retirement.Kochhar will also relinquish office from the board of directors of the bank's subsidiaries.The board announced Sandeep Bakhshi as managing director and CEO. His appointment will be for a period of five years.

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