Current Non-Executive Part-time Chairman G. C. Chaturvedi’s term ends on June 30, 2024.
Former Cabinet Secretary Pradeep Kumar Sinha will take over as Non-Executive Part-time Chairman of ICICI Bank after G. C. Chaturvedi’s term ends on June 30, 2024.
The Bank, in a regulatory filing, said G. C. Chaturvedi would retire as Non-Executive Part-time Chairman on close of business hours of June 30, 2024.
The Board, therefore, approved the appointment of Sinha as the Non-executive Part-time Chairman with effect from July 1, 2024 or the date of approval from RBI, whichever is later for a period until February 16, 2029 in the vacancy caused by the retirement of Mr. Chaturvedi.