Finance

Chanda Kochhar offers herself for re-appointment as director on ICICI Securities board

Updated : August 23, 2018 06:49 AM IST

ICICI Bank Managing Director (MD) & Chief Executive Officer (CEO) Chanda Kochhar has offered herself for re-appointment as director on the board of the bank's broking subsidiary, ICICI Securities, reported The Hindu BusinessLine.

A notice for the AGM by ICICI Securities said that she retires by rotation and, being eligible, has offered herself for re-appointment as director.

Kochhar is also a director on the boards of other group companies, including ICICI Lombard General Insurance, ICICI Prudential Life Insurance Company, ICICI Prudential Asset Management Company as well as ICICI Bank Canada.

Chanda Kochhar has been on leave since July 19 this year and she is also facing investigation from multiple agencies.

Have you signed up for Primo, our daily newsletter?

It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

Chanda Kochhar offers herself for re-appointment as director on ICICI Securities board

You May Also Like

Till November, Income Tax Department issues tax refunds of Rs 1.57 lakh crore

Rs 1 lakh turned Rs 3.7 crore! This stock delivered over 37,000% returns in 16 years

Markets this week: Sensex, Nifty rise 1% led by metal, auto stocks; Tata Motors top gainer, Yes Bank top loser

Trending on CNBC-TV18

recommended for you