Sandeep Bakhshi

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Sandeep Bakhshi
Born (1960-05-28) May 28, 1960 (age 63)
NationalityIndian
Education Punjab Engineering College
XLRI - Xavier School of Management
OccupationBanker
TitleMD and CEO, ICICI Bank
TermOctober 2018
Predecessor Chanda Kochhar

Sandeep Bakhshi (born 28 May 1960) is an Indian banker, and the MD & CEO, ICICI Bank since October 2018. [1] [2]

Contents

Early life

Bakhshi earned a degree in mechanical engineering from Punjab Engineering College, Chandigarh, and has a postgraduate degree in management from XLRI - Xavier School of Management, Jamshedpur. [3]

Career

Bakhshi, an employee of ICICI since 1986, was appointed as MD & CEO in October 2018. [3] [4] [5] Prior to this, he was the managing director and CEO of ICICI Prudential Life Insurance from August 2010 to June 2018 [4] and MD and CEO for ICICI Lombard General Insurance Company in April 2002. [6]

In August 2019 he was reported to be one of the highest paid CEOs of any Indian bank with a monthly salary of 22 lakh (US$28,000). [7]

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References

  1. "Chanda Kochhar quits as MD & CEO of ICICI Bank; stock rallies 5%". 4 October 2018. Retrieved 31 January 2019 via The Economic Times.
  2. "Bad loans strike: In its first ever loss, ICICI Bank erodes Rs 120 crore - Times of India". indiatimes.com. Retrieved 28 July 2018.
  3. 1 2 "ICICI Bank's New COO Sandeep Bakhshi Started Career At Bank In 1986". ndtv.com. Retrieved 28 July 2018.
  4. 1 2 "ICICI Bank's accidental heir - Forbes India". Forbes India. Retrieved 28 July 2018.
  5. "RBI approves re-appointment of ICICI Bank's MD Sandeep Bakhshi for three years". economictimes.indiatimes.com. Retrieved 11 September 2023.
  6. "Sandeep Bakhshi: Interesting things about the new MD and CEO of ICICI Bank - Sandeep Bakhshi: A man of few words".
  7. Rebello, Joel (14 August 2019). "Aditya Puri remains top-paid bank CEO". Economic Times.