Chanda Kochhar. File Pic
Chanda Kochhar. File Pic

Mumbai : ICICI Bank CEO and Managing Director Chanda Kochhar, who is on leave pending a probe into alleged irregularities in sanctioning loans, is likely to be re-appointed as a director on the board of ICICI Securities. The proposal will be taken up at the AGM of ICICI Securities on August 30.

“Appointment of Chanda Kochhar, who retires by rotation and being eligible, offers herself for re-appointment: To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution,” said the notice for the AGM by ICICI Securities. Kochhar is a director on the boards of other group companies, including ICICI Lombard General Insurance and ICICI Prudential Life Insurance Company.

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