ICICI Bank has announced the retirement of Mr. Radhakrishnan Nair from its Board of Directors. Mr. Nair concluded his tenure as an Independent Director on May 1, 2026, following the completion of his second term. This transition marks a change in the bank’s current board composition as it continues its corporate governance oversight.
Board Composition Change
ICICI Bank has formally confirmed the departure of Mr. Radhakrishnan Nair (DIN: 07225354) from his position as an Independent Director. The retirement became effective on May 1, 2026. The departure follows the natural conclusion of his second term of office with the institution.
Governance Updates
The retirement was communicated to major global stock exchanges, including the New York Stock Exchange (NYSE), the Singapore Stock Exchange, and the SIX Swiss Exchange Ltd, ensuring transparency for international investors and stakeholders. The bank continues to operate under its existing board framework as it moves forward following the completion of Mr. Nair’s service.
Source: BSE
