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.

Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

Chhattisgarh Legislative Assembly to Become Paperless Under National e-Vidhan Application (NeVA)

The Chhattisgarh Legislative Assembly will transform into a 'zero-paper ’ institution under the National e-Vidhan…

55 seconds ago

NPCI Launches Technology Subsidiary for AI and Blockchain & Appoints Vishal Kanvaty as CEO

The National Payments Corporation of India (NPCI) has set up a wholly-owned subsidiary called NPCI…

1 hour ago

Nirmala Lakshman Wins Sharjah Award for Best International Non-Fiction Book

Indian author, journalist and The Hindu Group Director Nirmala Lakshman has won the Sharjah Award…

2 hours ago

Edmund Richardson Wins 2026 Baillie Gifford Prize for Nonfiction for Biography of Alexander the Great

A British academic has been awarded the 2026 Baillie Gifford Prize for Nonfiction for his…

3 hours ago

India Extends $500 Million Line of Credit to Guyana for Roads, Healthcare and Defence Projects

Honorable External Affairs Minister S Jaishankar met Guyana President Dr Irfaan Ali on 5 November…

4 hours ago

Fast Track Special Courts Scheme Extended to 2031 with ₹3,788 Crore Outlay

Union Cabinet has approved continuation of the Centrally Sponsored Scheme (CSS) for theFast Track Special…

4 hours ago