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ICICI Bank Board Approves Q3 FY26 Results; Re-appoints MD & CEO Sandeep Bakhshi

ICICI Bank Limited

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January 17, 2026, 09:41 AM

ICICI Bank's Board approved Q3 FY26 unaudited financial results. Mr. Sandeep Bakhshi was re-appointed MD & CEO for two years from Oct 4, 2026. Mr. Ajay Kumar Gupta was re-appointed Executive Director for two years from Nov 27, 2026. Both re-appointments are subject to approvals.

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ICICI Bank Limited announced the outcome of its Board Meeting held on January 17, 2026. The Board approved the unaudited financial results for the quarter and nine months ended December 31, 2025, both on a standalone and consolidated basis. The results, along with limited review reports from joint statutory auditors M/s. B S R & Co. LLP and M/s. C N K & Associates LLP, and a news release, were submitted.

Furthermore, the Board unanimously approved the re-appointment of Mr. Sandeep Bakhshi as Managing Director & CEO for a further period of two years, effective October 4, 2026, to October 3, 2028, subject to regulatory and shareholder approvals. The current tenure of Mr. Bakhshi was set to end on October 3, 2026.

Additionally, the Board approved the re-appointment of Mr. Ajay Kumar Gupta as Executive Director for a further period of two years, effective November 27, 2026, to November 26, 2028. Mr. Gupta's current tenure concludes on November 26, 2026, and this re-appointment is also subject to necessary approvals. Both re-appointments are in compliance with RBI (Commercial Banks: Governance) Directions, 2025.

The Board meeting commenced at 9:45 a.m. and concluded at 2:40 p.m.

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