Archive · 17 Jan 2026
ICICI Bank Extends Sandeep Bakhshi's Tenure
Sandeep Bakhshi, the head of ICICI Bank, has been given a two-year extension by the bank's board.
This means he will continue to lead the bank from October 2026 to October 2028.
The board also approved the reappointment of Ajay Kumar Gupta for the same period.
Both appointments need approval from the Reserve Bank of India and the bank's shareholders.
Bakhshi has been with the ICICI Group since 1986 and has held various important positions.
He became the MD & CEO of ICICI Bank in 2018.
This extension ensures continuity in the bank's leadership.
ICICI Bank's Board of Directors unanimously approved Sandeep Bakhshi's reappointment as MD & CEO for two years, from October 4, 2026, to October 3, 2028.
The reappointment is subject to approval from the Reserve Bank of India and shareholders.
Bakhshi has been with the ICICI Group since 1986 and has held various leadership positions.
He has been the MD & CEO of ICICI Bank since October 15, 2018.
The Board also approved the reappointment of Ajay Kumar Gupta for the same period, subject to regulatory and shareholder approvals.
- Who
- Sandeep Bakhshi, MD & CEO of ICICI Bank
- What
- Reappointment for a two-year extension
- When
- Effective from October 4, 2026, to October 3, 2028
- Where
- ICICI Bank, India
- Why
- To continue leadership and strategic direction
- Name
- Sandeep Bakhshi
- Position
- MD & CEO, ICICI Bank
- Reappointment Period
- October 4, 2026 - October 3, 2028
- Approval Required
- Reserve Bank of India, Shareholders
- Current Tenure Start
- October 15, 2018
- Previous Tenure End
- October 3, 2026
- ICICI Group Experience
- Since 1986
Sources
ICICI Bank MD & CEO Sandeep Bakhshi gets two-year extension from board till October 2028
ICICI Bank board approves Sandeep Bakhshi’s reappointment till 2028
