ICICI MD Chanda Kochhar quits
Updated On: 05 October, 2018 08:27 AM IST | Agencies
Kochhar, 57, has also resigned from all subsidiaries of the bank, including ICICI Securities, where she had sought reappointment as the chairperson
Chanda Kochhar. Pic/PTI
Facing enquiry over charges of nepotism and conflict of interest, ICICI Bank Managing Director and CEO Chanda Kochhar on Thursday quit the bank, six months before her current tenure was to end.
Kochhar, 57, has also resigned from all subsidiaries of the bank, including ICICI Securities, where she had sought reappointment as the chairperson. The board elevated Chief Operating Officer (COO) Sandeep Bakhshi as the new managing director and CEO for five years until October 3, 2023, ICICI bank said in a statement.
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