ICICI Bank Limited has informed the Exchange that owing to his retirement, w.e.f. close of business hours of October 31, 2025, Mr. Balaji V.V. shall cease to be the Senior Management Personnel of the Bank, effective November 1, 2025.
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ICICI Bank has informed the stock exchange that Mr. Balaji V.V. will retire from his role as Senior Management Personnel of the bank effective November 1, 2025, with his last working day being October 31, 2025. This is a planned retirement rather than a sudden exit. The announcement does not mention any disciplinary reasons or successor details. The change affects only one member of the senior management team.
This is a routine leadership transition due to retirement and is unlikely to have a material impact on the bank's operations or stock price. Shareholders should watch for any further announcements regarding succession planning.