Edition:
India

ICICI Bank Ltd (ICBK.NS)

ICBK.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Girish Chaturvedi

67 2018 Independent Non-Executive Part-Time Chairman of the Board

Sandeep Batra

54 2019 President

Sandeep Bakhshi

2019 Chief Executive Officer, Managing Director, Executive Director

Rakesh Jha

2013 Group Chief Financial Officer

Ranganath Athreya

2018 Compliance Officer, Company Secretary

Anup Bagchi

2017 Executive Director

Vishakha Mulye

51 2016 Executive Director

Lalit Chandel

2018 Government Nominee Director

Rama Bijapurkar

2019 Independent Director

Uday Chitale

70 2019 Independent Director

Neelam Dhawan

60 2018 Independent Director

Subramanian Madhavan

2019 Independent Director

Hari Mundra

64 2018 Independent Director

Radhakrishnan Nair

63 2019 Independent Director

B. Sriram

60 2019 Independent Director

Biographies

Name Description

Girish Chaturvedi

Mr. Girish Chandra Chaturvedi serves as Independent Non-Executive Part-Time Chairman of the Board of the Company. He holds M.Sc. Social Policy and Planning in Developing Countries, London School of Economics, University of London, United Kingdom M.Sc. Physics, University of Allahabad. Professional Experience - Rich and wide experience of more than 40 years. Indian Administrative Service Served in Government of India at various levels (Secretary, Additional Secretary, Joint Secretary) across a number of sectors, including Banking, Insurance, Pension, Health, Family Welfare and Petroleum and Natural Gas. Key positions: Secretary Ministry of Petroleum and Natural Gas, Special Director General (Finance & Accounts) Organizing Committee Commonwealth Games, Ministry of Youth Affairs and Sports, Additional/Joint Secretary, Department of Financial Services, Ministry of Finance and Additional Secretary & Mission Director, National Rural Health Mission, Ministry of Health & Family Welfare. Served in the State Government of Uttar Pradesh in various capacities at important positions, including, Secretary to Chief Minister, Secretary Family Welfare, Additional CEO Greater NOIDA Industrial Development Authority, Trade Tax Commissioner, Managing Director UP State Spinning Company and District Magistrate/Collector at Muzzafarnagar, Saharanpur and Meerut. Directorship across various companies Served as Chairman of Pension Fund Regulatory & Development Authority, Petronet LNG Ltd, Indian Strategic Petroleum Reserves Ltd and Oil Industries Development Board. Served as Director (Government Nominee) on the Boards of Canara Bank, Bank of Baroda, IDBI Bank Ltd, IDFC Ltd, GIC Re of India, New India Assurance Co. Ltd, United India Insurance Co. Ltd, Agriculture Insurance Co. of India, Institute of Banking Personnel Selection and National Insurance Academy.

Sandeep Batra

Sandeep Bakhshi

Mr. Sandeep Bakhshi serves as Chief Executive Officer, Managing Director, Executive Director of the Company. He was Deputy Managing Director, Whole Time Director of ICICI Bank Ltd. He was the Managing Director & CEO, ICICI General.

Rakesh Jha

Ranganath Athreya

Mr. Ranganath Athreya serves as Compliance Officer, Company Secretary of the Company. He is is an Associate member of the Institute of Company Secretaries of India and holds a Bachelor's degree in General Laws. He has also successfully completed his Executive Program in General Management (EPGM) at Massachusetts Institute of Technology {MIT) - Sloan School of Management. He has handled a variety of activities including mergers & acquisitions, public issue management, capital market offerings (including overseas depository receipts), mutual fund offerings, Portfolio Management Services offerings and others in his career. He has been associated with the ICICI Group for more than 15 years and has considerable experience in the Secretarial and Compliance functions at the Bank as well as at ICICI Prudential Asset Management Company limited where he was Executive Vice President - Compliance, legal and Company Secretary. He has worked with IDBI Bank, Karnataka Bank and TVS Group prior to the ICICI Group and has a total experience of around 30 years.

Anup Bagchi

Mr. Anup Bagchi serves as Executive Director of the Company. He is presently Managing Director & CEO, ICICI Securities Limited. Mr. Bagchi joined ICICI Limited in 1992. Over the last 24 years, he has worked in key positions in the ICICI Group in the areas of retail banking, corporate and investment banking and treasury. He was appointed as Managing Director & CEO of ICICI Securities in May 2011. Prior to that, Mr. Bagchi was an Executive Director at ICICI Securities. During his tenure at ICICI Securities, he has led the growth and development of the retail and institutional broking, retail financial product distribution, wealth management and corporate finance businesses. Mr. Bagchi has deep experience in retail financial services and technology. He has successfully leveraged technology in creating value for the ICICI Group as well as retail and corporate & institutional clients. He led the development of the online trading platform (icicidirect.com); the development of the internet banking platform at ICICI Bank; and the growth of the retail liabilities & third party product distribution businesses at ICICI Bank. Today icicidirect.com is India’s leading on-line retail broking platform, combining scale and profitability.

Vishakha Mulye

Ms. Vishakha V. Mulye serves as Executive Director of the Company. She is presently the head of Wholesale Banking Group. Ms. Mulye, is a qualified Chartered Accountant, joined the ICICI Group in 1993, and carries vast experience in the areas of strategy, treasury & markets, proprietary equity investing and management of long-term equity investments, structured finance, management of special assets and corporate & project finance. She led the team that planned and executed the merger of ICICI and ICICI Bank in 2002. From 2002 to 2005, she was responsible for the Bank's structured finance and global markets businesses, and its financial institutions relationships. From 2005 to 2007, Ms. Mulye was the Group Chief Financial Officer of ICICI Bank. She was elevated to the Board of ICICI Lombard General Insurance Company in 2007. In 2009, she assumed leadership of ICICI Venture Funds Management Company as its Managing Director & CEO. She is also a member of the Aspen Institute for 'India Leadership Initiative'. Ms. Mulye was selected as 'Young Global Leader' for the year 2007 by World Economic Forum. She was featured in the list of 'Most Powerful Women in Indian Business' by Business Today in 2011. She received the India CFO Award in 2006 from IMA for 'excellence in finance in a large corporate' and CA Corporate Leader Award in 2008 from ICAI. In February 2012, she received the GR8! Women awards from ITA for her contribution as "an Eminent Personality in the field of Banking".

Lalit Chandel

Mr. Lalit Kumar Chandel serves as Government Nominee Director of the Company. Mr. Lalit Kumar Chandel, Economic Adviser, Government of India, Ministry of Finance, Department of Financial Services.

Rama Bijapurkar

Ms. Rama Bijapurkar serves as Independent Director of the Company. She is an independent management consultant working in the area of business-market strategy; and an acknowledged thought leader on 'consumer India' and India's consumer economy. She is a regular visiting faculty at liM Ahmedabad and is also co- founder of People Research on India's Consumer Economy, a think tank and fact tank focused on providing the "people view" of India's economy and citizen environment. Ms. Bijapurkar is among India's most experienced independent directors and has served on the boards of several of India's blue chip companies (many of them being in the financial services sector) as well as on the governing councils of academic institutions and public service institutions (including Banking Codes and Standards Board of India and the Insurance Information Bureau of India). She holds a BSc (Honours) degree in physics from University of Delhi and a Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad.

Uday Chitale

Neelam Dhawan

Subramanian Madhavan

Hari Mundra

Radhakrishnan Nair

Mr. Radhakrishnan Nair serves as Independent Director of the Company. He holds degrees in Science, Securities Laws, Management and Law. He has around forty years of experience in the banking industry and in the field of securities and insurance regulation. He started his banking career with Corporation Bank in August 1976 and in 2003 he became General Manager, in charge of Recovery Management Division, Legal Service Division and Credit Risk Management Division and development of priority sector lending and regional rural banks. He has also served as the Managing Director of Corporation Bank Securities Limited. During his tenure at Corporation Bank, he was responsible for development of priority sector lending and regional rural bank which covered the areas of agriculture, small scale industry and other priority sector areas. In July 2005, he became an Executive Director at Securities and Exchange Board of India (SEBI}, where he handled the Investment Management Department (mutual funds, venture capital funds and foreign venture capital investors}, Corporate Debt Department, Economic and Policy Analysis Department, Office of Investor Assistance and Education and Surveillance. In March 2010, he joined Insurance Regulatory and Development Authority of India (IRDAI) as Member (Finance and Investment). During his tenure he ushered in new investment and accounting regulations for the life insurance and general insurance sectors. He was also involved in framing the new regulatory architecture for Unit Linked Insurance Plans and also chaired the committee on implementing IFRS and the new corporate governance framework for insurers. He thus has special knowledge and practical experience in, inter alia, accountancy, agriculture and rural economy, banking, co-operation, economics and finance.

B. Sriram

Mr. B. Sriram serves as Independent Director of the Company. He is a Certified Associate of the Indian Institute of Banking & Finance, holds Diploma in International Law & Diplomacy from the Indian Academy of International Law & Diplomacy, New Delhi, AlMA Diploma in Management from All India Management Association, New Delhi along with M.Sc in Physics and B.Sc (Hons) Physics from St Stephen's College, Delhi University. Mr. Sriram was Managing Director & CEO of lDBI Bank Limited from June 30,2018 to September 29, 2018. Previously, he was working with State Bank of India for 37 years with experience in all areas of Banking and Finance. He had joined State Bank of India as a Probationary Officer in 1981 and had held various key assignments within the Bank and the Group in Credit and Risk, Retail, Operations, IT, Treasury, Investment Banking and International Operations.

Basic Compensation

Name Fiscal Year Total

Girish Chaturvedi

5,100,000

Sandeep Batra

--

Sandeep Bakhshi

57,282,300

Rakesh Jha

79,601,800

Ranganath Athreya

20,825,000

Anup Bagchi

385,484,992

Vishakha Mulye

96,126,496

Lalit Chandel

--

Rama Bijapurkar

1,510,960

Uday Chitale

3,450,000

Neelam Dhawan

2,550,000

Subramanian Madhavan

2,650,000

Hari Mundra

3,030,140

Radhakrishnan Nair

3,915,070

B. Sriram

2,560,960
As Of  31 Mar 2020