The Reserve Bank of India has approved the re-appointment of Sandeep Bakshi as ICICI Bank MD & CEO |for a period of three more years and he will remain at the post till 3 October 2026. 

• ICICI bank in an exchange filing stated,"RBI has, vide its letter no. DOR.GOV.No. S3306/08.88.001/2023-24 dated September 11, 2023,approved the re-appointment of Mr. Sandeep Bakhshi (DIN: 00109206) as Managing Director & CEO of the Bank with effect from October 4, 2023 till October 3, 2026.
• At the Annual General Meeting held on August 30, 2023, the Shareholders had already approved the appointment of Mr. Bakhshi for the abovementioned period.
• Sandeep Bakhshi has been with the ICICI Group for 36 years and has handled various assignments across the group in ICICI Limited, ICICI Lombard General Insurance, ICICI Bank and ICICI Prudential Life Insurance.