ICICI names Sandeep Bakshi as ICICI Pru Life MD & CEO

BS Reporter/Mumbai 01 Aug 10 | 01:03 AM

ICICI Bank Ltd

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ICICI Bank today announced major changes in its management structure. Sandeep Bakshi, deputy managing director (corporate banking), will take over as the managing director and CEO of ICICI Prudential Life Insurance.

He replaces V Vaidyanathan, who's leaving the ICICI group to join Future Capital Holdings (FCH), the financial services arm of Biyani's Future group, as the managing director of the company.

Zarin Daruwala will look after the wholesale banking group at ICICI Bank and will report to the managing director and CEO Chanda Kochhar. At ICICI Prudential, Puneet Nanda and Madhivanan, currently executive vice presidents, will take over as executive directors on the Board of the life insurance venture. With these changes, the executive management structure at ICICI Life, under the managing director and CEO, will comprise Puneet Nanda, Madhivanan and Chief Actuary Avijit Chatterjee.

The executive management structure at ICICI Bank, under the managing director and CEO, will comprise Executive Director & Chief Financial Officer N S Kannan, Executive Director (Human Resources, Customer Service & Operations) K Ramkumar, Executive Director (Retail Banking, Inclusive & Rural Banking and SME & Mid-Corporate Business) Rajiv Sabharwal, Group Chief Technology Officer Pravir Vohra, Group Executive (International Banking) Vijay Chandok and Group Executive (Wholesale Banking) Zarin Daruwala.

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Comments

13 Nov 10 at 12:32 PM
By: Lalit

Goal Sheet targets Min 20Lac Per month N as per Branch Potential Targets Assign to Branch by the RH I-BANK is 1 L P/M as per their Productivity which is not matching ,in this situation how I can achieve my G/St Targets ,automaticaly come in PIP . when ever RH I-Bank accepted the fact as well as my reporty and Abhimayu Mishra sir also know the fact but he is not taking intrest and support to my reporty prakash shankar sir, Sir I toled them since Nov.2009 ,five time transfer in totally new-new branches where no client base or that branches where some internal Issues or low productive branch. Like a rural Branch Biswan Branch timing (9.00am -2.00pm ) half day working , in this situation how I can achieve my GOAL SHEET Targets ,automaticaly I will come in PIP,and 09-11-10 Reporty release Termination letter whenever I mail to HR VP Amitabh Singh sir on10-11-10 but no reply, regards Lalit Please Justice with me

08 Nov 10 at 10:56 PM
By: Tulika Priyadarshini

My past experience is very shoking for having a course of PGPMI offered by X ISS, Ranchi for gettingrecuited in ICICI(Prudential) which proved to be full of fraud and breach of trust. One to discharge the duties without any official manual containing duties. she is shifted to Ranchi ICICI (Prudential), Lalpur Branch and Sri Yogesh sir, after putting her in humiliating discourse put her in ICICI Bank, Ratu Road, Branch in direct sales; that is she was forced to sell ICICI (Pru) products directly in the market as commission agents. Mr Navin Kumar crossed his all limits and forced her to stand out side of the office forcing her to tender her resignation.. I a most modest way I had written to Mr. Sachin Joglekar, Sr. Vice President (HR), ICICI Prudential), but a suitable reply is being awaited from him. Yours faithfully, (P.C.Priyadarshi) / 04.11.2010 /