ICICI Bank Limited announced that the Board of Directors had approved the appointment of Mr. Ajay Kumar Gupta as an Additional Director and whole-time Director (designated as Executive Director) of the Bank subject to necessary approvals effective from November 27, 2023 or the date of approval from Reserve Bank of India, whichever is later, for a period till November 26, 2026. The company informed that RBI has communicated its approval for the appointment of Mr. Ajay Kumar Gupta as whole-time Director (Executive Director) of the Bank from the date of his taking charge till November 26, 2026. Accordingly, the Board of Directors of the Bank has recorded March 15, 2024, as the effective date of appointment and taking charge by Mr. Gupta as an Executive Director of the Bank. Mr. Ajay Gupta is a Chartered Accountant, 1991. He is responsible for credit policy formulation and credit underwriting for the Retail and Business Banking, Operations, Technology and Data Sciences and Analytics function of the Bank. He has been with ICICI Bank since November 25, 1991 and his previous assignments and
experience are across Corporate Banking, Project Finance, SME, Debt Service Management, Credit & Policy and Operations.