Sandeep Bakhshi to Continue as ICICI Bank CEO Until 2028 After RBI Approval

The Reserve Bank of India (RBI) has approved the reappointment of Mr. Sandeep Bakhshi as the Managing Director and CEO of the ICICI Bank. He will get the charge for another two-year term. His extended tenure will begin from the October 4, 2026 and it will continue until October 3, 2028.

Leadership Continuity at ICICI Bank

Sandeep Bakhshi has been leading the ICICI Bank since the year 2018.

His reappointment ensures the leadership continuity at the India’s largest private sector banks.

Earlier in the month of January 2026, ICICI Bank’s board had approved his reappointment as subject to the RBI approval.

Who Is Sandeep Bakhshi?

Sandeep Bakhshi is one of the India’s most experienced banking leader.

As he has been leading the ICICI Bank since 2018, under his leadership, the bank has strengthened the profitability, operational performance and investor confidence.

His tenure has been associated with the stability and business growth.

Leadership continuity is generally viewed as positively in the banking sector.

About ICICI Bank

ICICI Bank is India’s one of the leading private sector banks.

It is currently place at the second position as a largest private lender by market capitalization.

The bank has a significant presence across,

• Retail banking
• Corporate banking
• Digital banking
• Loans and deposits
• Wealth management
• Financial services

Its performance often influences the sentiment across the India’s banking sector.