ICICI Bank announced the re-appointment of Mr. Ajay Kumar Gupta as Executive Director for a further period of two years. This tenure will be effective from November 27, 2026, to November 26, 2028. The re-appointment has received approval from the Reserve Bank of India (RBI) and is subject to shareholder consent at the upcoming Annual General Meeting on August 21, 2026.
Executive Leadership Extension
ICICI Bank has officially confirmed the re-appointment of Mr. Ajay Kumar Gupta (DIN: 07580795) to the position of Executive Director. This decision extends his tenure for an additional two years, commencing on November 27, 2026, and concluding on November 26, 2028. This move follows the unanimous approval from the bank’s Board of Directors.
Regulatory and Shareholder Approvals
The re-appointment is contingent upon securing necessary approvals. The Reserve Bank of India (RBI) has granted its approval via a letter dated July 31, 2026. Furthermore, the bank is seeking the formal approval of its shareholders during the forthcoming Annual General Meeting, which is scheduled to take place on August 21, 2026. This ensures continued leadership stability for the bank’s executive functions.
Source: BSE
