ICICI Bank Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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ICICI Bank has informed the stock exchanges about changes to its senior management team effective August 2025. Two officials, Mr. B. Prasanna and Ms. Anubhuti Sanghai, will cease to be Senior Management Personnel (SMP) from August 5, 2025 as they are being transferred to other ICICI Group companies. A third official, Mr. Sanjay Singhvi, will step down from August 14, 2025 after his request for early retirement was accepted. To fill the gap, the bank has appointed Mr. Shailendra Jhingan as an SMP effective August 6, 2025. Mr. Jhingan has over two decades of experience in fixed income and asset management, and was previously the MD & CEO of ICICI Securities Primary Dealership since 2016.
This is a routine internal reshuffle within the ICICI Group with no disruption to the bank's operations or leadership at the board level. The transfers and retirement appear to be part of normal talent movement within the group, and the new appointment brings deep fixed income and asset management experience. Shareholders are unlikely to see any material impact on the bank's strategy or stock price.