Finance Chanda Kochhar quits ICICI Bank; Sandeep Bakhshi appointed as new MD and CEO Updated : October 05, 2018 07:11 AM IST Sandeep Bakhshi has been appointed as the new MD and CEO for five years, with effect from October 3. Chanda Kochhar and her family members are facing allegations of quid pro quo and conflict of interest with respect to a loan extended to the Videocon group. Chanda Kochhar is believed to have maintained that she had no information about her husband’s business dealings; the bank has given similar replies. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.