Oct 04, 2018

Chanda Kochhar Quits ICICI Bank amid a Loan Controversy

Chanda Kochhar bids adieu to ICICI Bank after completing nine years of her CEO Tenure at the Bank. Sandeep Bakhshi has been elevated form the position of COO to the CEO Role for the next 5 Years. Currently, he is heading the life insurance at ICICI bank.

On Thursday, Bank accepted her plea for an early retirement. Since June, Kochhar was sent on a leave because of a pending probe into allegations of conflict of interest in granting loans to the Videocon Group.

Chanda Kochhar was one of the first women banking executives in a male dominated industry and a Role Model to many entrepreneur and banking executives out their.
Read more at economictimes.indiatimes.com
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