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ICICI Bank appoints non-executive Chairman

ICICI Bank appoints non-executive Chairman
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ICICI Bank on Friday named a new non-executive part-time chairman in former bureaucrat Girish Chandra Chaturvedi, who said he did not believe the lender was in a mess and it could be steered out of recent incidents.

New Delhi: ICICI Bank on Friday named a new non-executive part-time chairman in former bureaucrat Girish Chandra Chaturvedi, who said he did not believe the lender was in a mess and it could be steered out of recent incidents.

Chaturvedi, 65, will replace current chairman M K Sharma, whose term ends on June 30. In a statement, ICICI Bank said the 1977-batch IAS officer from the Uttar Pradesh cadre, who retired in January 2013, has been appointed for a three-year term beginning July 1.

Commenting on his appointment, Chaturvedi said he is looking forward to taking up the new assignment but it was too early to say what his priorities or action plan for the bank would be.

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