Sandeep Bakhshi’s feeler indicating he wants to be relieved has the RBI worried and the bank scrambling to find a replacement. It helps that it has a deep bench.Sandeep Bakhshi has indicated that he wants to be relieved as managing director and CEO of ICICI Bank, according to three people with knowledge of the matter.
“He has some personal emergency. That is why he wants to step down,” says one of them.
But the Reserve Bank of India is dead set against him stepping down. Rather, it is all for him to continue at the helm of the bank for as long as possible—which means Bakhshi, 63, could stay another seven years.
“The central bank suggested that he work remotely if the need…
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Source: https://themorningcontext.com/business/icici-bank-in-a-tizzy-after-ceo-move-comes-out-of-left-field