Mumbai: In a day of major changes in its top management, ICICI Bank Ltd on Friday announced that whole-time director Sonjoy Chatterjee has resigned effective 30 April and that it has appointed senior general manager Rajeev Sabharwal to the board as executive director, subject to approval from the Reserve Bank of India.
US-based Goldman Sachs Group Inc. said it has appointed Chatterjee managing director and co-chief executive officer of its India operations. L. Brooks Entwistle will be the other co-CEO.
ICICI Bank also said in a filing to the Bombay Stock Exchange that three non-executive directors, including steel tycoon Lakshmi Mittal, will cease to be on its board effective 3 May. Tushaar Shah, a senior fellow at the International Water Management Institute, was appointed non-executive director, also effective 3 May.