The Reserve Financial institution on Monday accredited the extension of the time period of Sandeep Batra as govt director (ED) of ICICI Financial institution for 2 years.
RBI has, vide its letter dated June 16, 2025, accredited the re-appointment of Batra as ED of the financial institution from December 23, 2025, to December 22, 2027, ICICI Financial institution stated in a regulatory submitting.
The approval of the shareholders for the re-appointment can be sought in the end of time, it stated.
Batra has been accountable for Company Centre since July 2018. He’s accountable for Company Communications, Finance, Human Assets, Authorized, Buyer Service & Secretarial Teams.
He’s additionally administratively accountable for threat perform, inner audit and compliance teams, as per the ICICI Financial institution annual report for FY24.