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ICICI Bank re-appoints Sandeep Bakhshi as MD and CEO
MUMBAI: ICICI Bank has re-appointed Sandeep Bakhshi as managing director and chief executive officer, extending his tenure by two years from October 4, 2026 to October 3, 2028.
The move signals continuity at one of India’s largest private lenders, where Bakhshi has been steering the ship since October 2018. Under his watch, the bank has sharpened its focus on asset quality, tightened risk controls and quietly rebuilt confidence across both retail and corporate banking.
In a sector often rattled by sudden leadership changes, ICICI’s decision reads like a vote of calm assurance. The board’s endorsement reflects confidence in Bakhshi’s measured style and long-term vision, which have helped the bank balance growth with caution.
The re-appointment is subject to the usual approvals from the Reserve Bank of India and shareholders. If cleared, Bakhshi will continue to lead ICICI Bank into the next phase of its journey, with stability firmly on the agenda.
Sometimes, in banking as in life, the smartest move is simply to stay the course.