(Reuters) - India's ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1.
Chaturvedi, a former Indian Administrative Services officer, most recently served as chairman of the Warehousing Development and Regulatory Authority.
He has also served as a government nominee director on the boards of Life Insurance Corp (LIC) of India, Canara Bank, Bank of Baroda, IDBI Bank Ltd and IDFC Ltd.
ICICI Bank's current Chairman M.K. Sharma's term expires on June 30, the bank said in a statement http://bit.ly/2tGb0s1.
The bank, India's third largest lender by assets, also named Chaturvedi as an independent director for three years.
This comes shortly after the bank tapped group veteran Sandeep Bakhshi to be its interim head, with Chief Executive Chanda Kochhar on leave pending a probe over an alleged conflict of interest.
(Reporting by Chris Thomas in Bengaluru; Editing by Subhranshu Sahu)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
