Mr. Sandeep BakhshiManaging Director & CEO, ICICI Bank Limited. Chairperson of Governing Council, ICICI Foundation for Inclusive Growth.
Mr. N. S. KannanManaging Director & CEO, ICICI Prudential Life Insurance Company Limited.
Mr. Nimesh ShahManaging Director & CEO, ICICI Prudential Asset Management Company Limited.
Mr. Rakesh JhaExecutive Director, ICICI Bank Limited.
Mr. Anup BagchiExecutive Director, ICICI Bank Limited.
Mr. Sandeep BatraExecutive Director, ICICI Bank Limited.
Mr. Avijit SahaHead - Rural & Inclusive Banking and PSL, ICICI Bank Limited.
Mr. Sandeep Bakhshi
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 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 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. Rakesh Jha
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. 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 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. Avijit Saha
Mr. Avijit SahaPresident, ICICI Foundation For Inclusive Growth.
Mr. Anuj AgarwalChief Operating Officer - ICICI Foundation for Inclusive Growth.
Mr. Ajay KumarHead - IAS, Financial Literacy and Financial Entrepreneurship
Mr. Vineet RungtaHead - Finance, Procurement and IT
Mr. Suketu KumarHead - Rural Livelihoods and Value Chains
Mr. Avijit Saha
Mr. Anuj Agarwal has been working in the financial sector for almost three decades. With a rich experience in Financial Industry and Banking Operations, he managed the responsibility of Infrastructure Management at ICICI Bank in his previous role before taking charge of this role at ICICI Foundation for Inclusive Growth. He worked on a strategy to generate fruitful results by blending the needs of his customers with those of the stakeholders. He lead a ‘committed and passionate’ team which worked on his concept of ‘Sustainability is Profitable’. The various initiatives taken in infrastructure management not only helped the cause of Go Green, but also contributed significantly to the bottom line of the organization. The results and gains were noteworthy because the accomplishment was over a distributed setup with presence across the country including extreme remote areas. Energy conservation was one of the major projects, and the energy saved in 3 years was equivalent to lighting up about 54,000 rural households for one year. This was combined with other Green initiatives including extensive use of Solar Energy.
The combined impact of energy savings & utilization of renewable energy helped reduce the overall carbon emission by about 55,000 tonnes, which was equivalent to planting of 2,66,750 trees to sequester this volume of CO2 emissions.
Indian Green Building Council (IGBC), in recognition of the efforts of Mr Anuj Agarwal, awarded him the prestigious ‘IGBC Fellow’ in 2017. He continues to bring these concepts of Sustainability into the operations at ICICI Foundation through various Social and Environment related projects.
As the COO of ICICI Foundation for Inclusive Growth, he is responsible for various functions of the organisation, driving innovative and digital models, working towards creating sustainable livelihood for the underprivileged through initiatives in rural areas as well as urban locations leading to an overall and distributed development in our country.
Mr. Ajay Kumar leads the operations for all the skill development initiatives of ICICI Foundation. Ajay is a highly experienced civil servant. He has over twenty-three years of diversified experience in training, training administration, learning and development, human resource management, ethics and compliance, general administration, integrated security & risk management and business continuity. Beside his regular professional assignments in government, which includes six years stint at ‘National Industrial Security Academy’, Hyderabad, two years tenure as United Nation Trainer/Human Right Officer at UNAMSIL and UNMBIH. He has also worked in private sector as Chief Security Officer, Cairn India Ltd.
Ajay has been awarded the President’s Medal for Meritorious Service in 2013, CISF Director General’s Commendations Disc in 1999 and United Nation’s Police Medal in 1998 and 2004 among many other awards and recognitions. He has undergone training in Critical Incident Management in USA and Sierra Leone. Ajay is an avid traveller and enjoys cooking for his family.
Mr. Vineet Rungta, has been with ICICI Group since May 2003. Vineet’s experience in ICICI Bank spans the Treasury domain covering asset-liability & interest rate risk management for international branches/subsidiaries, implementing framework for monitoring risks, etc. He has worked on roll out of the skill development initiatives and managed the operation. In August 2010, he got associated with the CSR initiatives of ICICI Bank to pursue his interest in corporate philanthropy. Vineet commenced his career with E&Y in 1999 and worked in their Banking & Financial Services vertical, including a short stint in USA.
In his current role, Vineet is responsible for partnerships, procurement, infrastructure, finance, IT and other initiatives/ projects of ICICI Foundation. In previous assignments, he has handled operations of skill development initiatives for West II and South regions. He was also responsible for the healthcare initiative that successfully experimented with providing insurance for outpatient healthcare for the BPL category, as a part of the RSBY scheme of the Government.
Mr. Suketu Kumar has done his MBA from XIM – Bhubaneswar and engineering from Birla Vishwakarma Mahavidyalay. He has a total experience of 19 years, of which he spent the last 12 years in ICICI Venture (private equity). His role in ICICI Venture had been to participate in fundraising activities – both domestic and international, lead and make investments, to manage the investments and help portfolio companies grow profitably. Suketu has invested in structured investments, minority investments as well as buy-outs. Prior to this he has gained experience in various roles comprising, debt / structured finance, mergers & acquisitions, consulting and operations during his stints with IDFC Ltd., Reliance (ADAG), PwC and HFCL.
In his current role at ICICI Foundation, Suketu synergises with Operations team and works on Value Chain enhancement and Entrepreneurship Development, with a focus to sustainably enhance livelihoods. This involves identification of opportunities, preparing possible solutions, creating value chains, and enhancing the impact of existing value chains.