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Sandeep Bakhshi Reappointed ICICI Bank MD and CEO

26 May 20261 min read
BANKING & FINANCESandeep BakhshiReappointed ICICIBank MD and CEO26 May 2026safalsetu.com

Why in the news

The banking regulator gave its nod for the head of a leading private bank to continue for a further two years.

Key facts

  • Person: Sandeep Bakhshi, Managing Director and CEO, ICICI Bank.
  • Approving body: Reserve Bank of India.
  • Extension: two more years, until October 2028.
  • In office since: 2018.
  • Tenure highlights: better retail lending, digital banking and asset quality.
  • Condition: shareholder and statutory approvals are still needed.

Exam angle

  • Regulator that clears bank CEO appointments: RBI.
  • Bank: ICICI Bank; term end: October 2028.
  • Year he took charge: 2018.

Test yourself

1. Who received RBI approval for reappointment as MD and CEO of ICICI Bank in May 2026?

RBI approved Sandeep Bakhshi's reappointment for another two-year term.

2. Till when does Sandeep Bakhshi's extended term as ICICI Bank CEO run?

The two-year extension runs till October 2028.

3. In which year did Sandeep Bakhshi take charge at ICICI Bank, as per the notes?

He has led the bank since 2018, per the news.

This topic is part of Daily Current Affairs 26 May 2026 (19 topics).

All topics of the dayDay quizMay 2026

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