ICICI Bank names Girish Chandra Chaturvedi as part-time non-exec chairman

ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1.

Chaturvedi, a former Indian Administrative Services officer, most recently served as chairman of the Warehousing Development and Regulatory Authority. 

He has also served as a government nominee director on the boards of Life Insurance Corp (LIC) of India, Canara Bank, Bank of Baroda, IDBI Bank Ltd and IDFC Ltd. 

ICICI Bank`s current Chairman M.K. Sharma`s term expires on June 30, the bank said in a statement.

The bank, India`s third largest lender by assets, also named Chaturvedi as an independent director for three years.

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This comes shortly after the bank tapped group veteran Sandeep Bakhshi to be its interim head, with Chief Executive Chanda Kochhar on leave pending a probe over an alleged conflict of interest.