Governing Council

Governing Council

Mr. Sandeep Bakhshi

Mr. Sandeep Bakhshi

Managing Director & CEO, ICICI Bank Limited. Chairperson of Governing Council, ICICI Foundation for Inclusive Growth.

Mr. Sandeep Bakhshi is the Managing Director & CEO of ICICI Bank since October 15, 2018. Prior to his appointment as MD & CEO, he was a Whole-time Director and the Chief Operating Officer (COO) of the Bank.

Mr. Bakhshi has been with the ICICI Group for 32 years and has handled various assignments across the Group in ICICI Limited, ICICI Lombard General Insurance, ICICI Bank and ICICI Prudential Life Insurance.

He grew up in a defence services family and has attended several schools and colleges across India before completing his management studies from XLRI in Jamshedpur.

Mr. N. S. Kannan

Mr. N. S. Kannan

Managing Director & CEO, ICICI Prudential Life Insurance Company Limited.

Mr. N.S. Kannan is the Managing Director & CEO of ICICI Prudential Life Insurance Company since June 19, 2018.

Kannan joined ICICI Limited in 1991 and has been with the ICICI group for over 29 years. He served on the Board of Directors of ICICI Bank as Executive Director from May 2009 till June 18, 2018. His responsibilities included Finance, Treasury, Corporate Legal, Operations, Secretarial, Corporate Communications, Corporate Branding, Infrastructure Management, Strategic Solutions Group and ICICI Foundation for Inclusive Growth. He also had the responsibility for day-to-day administration of the Risk Management, Compliance and Internal Audit functions. During his tenure at the ICICI Group, he has also handled Project Finance, Infrastructure Finance, Structured Finance and Treasury functions.

Prior to joining the Board of ICICI Bank, he was the Executive Director of ICICI Prudential Life Insurance Company from August 2005 to April 2009.

Kannan also has had extensive experience serving on the various Boards of ICICI Group Companies: Chairman of the Board, ICICI Securities Primary Dealership Limited; Chairman of the Board, ICICI Bank UK Plc; Non-executive Director on the Boards of ICICI Prudential Life Insurance Company Limited, ICICI Lombard General Insurance Company Limited, ICICI Prudential Asset Management Company Limited and ICICI Bank Canada.

Kannan is a postgraduate in management from the Indian Institute of Management, Bangalore with gold medal for Best All-round Performance. He is also a Chartered Financial Analyst from the Institute of Chartered Financial Analysts of India and an Honours graduate in Mechanical Engineering from National Institute of Technology (formerly Regional Engineering College), Tiruchirappalli.

Kannan has been part of a number of committees constituted by the Government of India and regulatory bodies including the Insurance Advisory Committee constituted by IRDAI, RBI Steering Committee on Implementation of Indian Accounting Standards, IBA Sectoral Committee of Private Sector Member Banks, The Companies Law Committee Working Group on Raising of Funds, CII National Council on Corporate Governance and the Insurance Awareness Committee of Life Insurance Council.

Kannan was appointed a member of Advisory Committee by RBI under the RBI Act to assist the Administrator of DHFL. Subsequently, he has been appointed by RBI as a member of the Advisory Committee to resolve DHFL under the Indian Bankruptcy Code.

In 2013, Kannan was voted the Best CFO in India by Finance Asia. He was adjudged the Best CFO in the Indian banking/financial services sector at the CNBC TV 18 CFO Awards for two consecutive years, 2012 and 2013. In fiscal 2013, under his leadership, ICICI Bank investor relations team was ranked the third best in Asia (after two China based banks) by sell side analysts in a ranking issued by Institutional Investors and Kannan was ranked the second best CFO in Asia (after the CFO of a China based bank) by buy side analysts. Under Kannan’s leadership, ICICI Bank’s investor relations team was ranked the best among Indian companies by Finance Asia in fiscal 2014.

Mr. Nimesh Shah

Mr. Nimesh Shah

Managing Director & CEO, ICICI Prudential Asset Management Company Limited.

Mr. Nimesh Shah joined the Company in July 2007 as Managing Director and Chief Executive Officer. He has been instrumental in laying a foundation for building a superior asset management firm with a process-driven approach that is aligned to the interest of the investors. His focus has always been on investor centricity, consistent investment performance, maintaining high levels of transparency and disclosures besides sticking to basics.

Under his leadership, the AMC has been winning several fund level awards. He was also conferred with the CEO of the Year – 2014 in Asset Management – India for his remarkable contribution. Global Banking & Finance review has honoured him with the Best Asset Management CEO India – 2017. During his leadership, ICICI Prudential Mutual Fund became the largest mutual fund in India and the Company has grown in stature across all asset classes.

Mr. Nimesh Shah has over 28 years of experience in the banking and financial services industry. Prior to his current role, he was serving the ICICI Group as a Senior General Manager at ICICI Bank where he held several key roles in project finance, corporate banking and international banking functions.

Mr. Nimesh Shah is also a Director of the Mutual Fund industry trade body AMFI and a Chartered Accountant by qualification.

Mr. Anup Bagchi

Mr. Anup Bagchi

Executive Director, ICICI Bank Limited.

Mr. Anup Bagchi is an Executive Director on the Board of ICICI Bank since February 1, 2017. He has a management degree from the Indian Institute of Management, Bangalore and an engineering degree from the Indian Institute of Technology, Kanpur. He has been with the ICICI Group since 1992. He holds the responsibilities for Retail Banking at the Bank. He also heads the ICICI Foundation for Inclusive Growth, the CSR arm of the ICICI Group.

He is responsible for the Retail Banking Group, Digital Channels and Partnerships, Rural and Inclusive Banking Group, Data Sciences and Analytics Group and the Corporate Brand Group for the Bank. He also oversees retail products, remittances and NRI services for the International Banking business.

He represented the ICICI Group in various regulatory committees of key bodies such as RBI and SEBI. He was a member of RBI’s Expert Committee on Micro, Small & Medium Enterprises and of SEBI’s Committee on Financial and Regulatory Technologies (CFRT). He was in the Executive Committee of National Securities Depository Ltd., (NSDL), Advisory Committee of BSE Limited and was co Chairman of FICCI’s Capital Markets Committee. He was also a member of SEBI’s Secondary Markets Advisory Committee (SMAC), Fair Market Conduct Committee and Committee on Financial and Regulatory Technologies and Risk Management Review Committee.

He has been honoured with ‘The Asian Banker Promising Young Banker Award’ and `Industry Newsmaker Award’ by Zee Business.

Mr. Bagchi has worked extensively in the areas of retail banking, corporate banking and treasury and investment banking. Prior to his current role, he was the Managing Director & CEO of ICICI Securities Limited. Under his leadership, ICICI Securities won several prestigious awards.

Mr. Sandeep Batra

Mr. Sandeep Batra

Executive Director, ICICI Bank Limited.

Mr. Sandeep Batra is an Executive Director on the Board of ICICI Bank since December 23, 2020. Mr. Batra, a Chartered Accountant and a Company Secretary, has been with the ICICI Group since 2000. He holds responsibilities of the Corporate Centre at the Bank.

He is responsible for the Operations and Customer Service Group, Phone Banking Group, Human Resource Management Group, Infrastructure Management Services Group, Technology Group, Legal Group, Corporate Communications, Secretarial Group and Government & Strategic Relations function. He also oversees regulatory and Board related matters for International Banking business. He is also administratively responsible for Risk function, Internal Audit and Financial Crime Prevention Group and Compliance Group.

Mr. Batra chairs the Board of ICICI Bank UK PLC. He is also on the boards of several ICICI Group companies – ICICI Prudential Life Insurance Company Limited, ICICI Lombard General Insurance Company Limited, ICICI Prudential Asset Management Company Limited and ICICI Venture Funds Management Company Limited.

In his previous stint with ICICI Bank, Mr. Batra was Group Compliance Officer. He has been a founder member of the ICICI Prudential Life Insurance Company Limited where he worked as Chief Financial Officer from September 2000 till 2006 and then as Executive Director and a member of its Board from January 2014 till July 2018. At ICICI Prudential Life Insurance Company Limited, he was responsible for finance, investments, actuarial and risk, and compliance functions. He was also instrumental in leading the company to India’s first IPO in the insurance space.

Mr. Rakesh Jha

Mr. Rakesh Jha

Executive Director, ICICI Bank Limited.

Mr. Rakesh Jha is an Executive Director on the Board of ICICI Bank since September 2, 2022. He heads the retail banking business of the Bank. He is responsible for the retail banking, rural & agriculture and small & medium enterprise businesses of the Bank. He also serves on the board of ICICI Lombard General Insurance and ICICI Venture.

He has been with ICICI since 1996 and has worked in various areas including financial reporting, planning, strategy, asset-liability management and investor relations. Prior to his current role, he was the Group Chief Financial Officer.

He has a management degree from the Indian Institute of Management, Lucknow and an engineering degree from the Indian Institute of Technology, Delhi.

Mr. T. K. Srirang

Mr. T. K. Srirang

Group Chief Human Resources Officer, ICICI Bank Limited.

Mr. T.K. Srirang, Group Chief Human Resources Officer, heads Human Resources function & Infrastructure Management Services Group for ICICI Bank Limited. He also oversees the human resources function for ICICI group companies. He is a member of the Governing Body of The International Institute of Information Technology, Bangalore (IIIT-B) and National Secretary & Board Member of National HRD Network.

Mr. Srirang holds an MBA degree in Personnel Management and Industrial Relations and Bachelor’s degree in Industrial Engineering. He has been with the Bank since 2001.

He has 26 years of work experience at organizations like ICI India limited, Coca-Cola India Limited and ICICI Bank.

Mr. Avijit Saha

Mr. Avijit Saha

Head – Rural & Inclusive Banking and PSL, ICICI Bank Limited.