Sandeep Bakhshi: Meet the man who replaces Chanda Kochhar as ICICI Bank's new CEO
ICICI Bank has appointed Sandeep Bakhshi as the new Managing Director (MD) and CEO after Chanda Kochhar quit the bank. The bank accepted Kochhar's early retirement and appointed Bakshi in her place. Bakhshi held the position of the COO of ICICI Bank. He was put at the helm by the board after it asked Kochhar to go an extended leave pending an internal investigation into charges of impropriety in her role in the Videocon loan case. Who is Sandeep Bakhshi?This is not the first time that Bakhshi has been asked to handle a crisis. In 2008, Bakhshi was brought in by the bank from ICICI Lombard as the bank was fighting rising delinquencies. After he deftly handled the crisis, Bakhshi was put in charge of ICICI Prudential Life in 2010. Bakshi's leadership saw ICICI Prudential's Assets under Manag...