RBI approves appointment of PK Sinha as Part-Time Chairman of ICICI Bank

The Reserve Bank of India (RBI) has approved the appointment of former Union Cabinet Secretary Pradeep Kumar Sinha (Retd. IAS:1977:UP) as Part-Time Chairman of ICICI Bank for a period of three years, with effect from July 1, 2024.

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Pradeep Kumar Sinha

The Reserve Bank of India (RBI) has approved the appointment of former Union Cabinet Secretary Pradeep Kumar Sinha (Retd. IAS:1977:UP) as Part-Time Chairman of ICICI Bank for a period of three years, with effect from July 1, 2024.

Sinha will succeed former bureaucrat Girish Chandra Chaturvedi (Retd. IAS:1977:UP), who is set to retire on June 30, 2024.

Pradeep Kumar Sinha previously served as the Union Cabinet Secretary for over four years before moving to the Prime Minister’s Office (PMO). He retired from the PMO in March 2021.

Sinha has been a Government Nominee Director in several major Public Sector Undertakings, including ONGC, IOCL, HPCL, BPCL, and GAIL. He was on the Board of Indian Oil Corporation (IOCL) for about seven years and similarly served on the Boards of BPCL and HPCL for about six years each.

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