M D Mallya The Frontrunner To Succeed Sharma As ICICI Non-exec Chairman
2018-06-06, By: System Administrator
Private sector icici bank has initiated the process of appointment of non-executive chairman as the term of incumbent m k sharma is coming to an end on june 30.
The process has started and the board has to take a call if the appointment has to be made from the existing pool of independent directors or by inviting an outsider to take up the position, sources said.
As the term of the current chairman is coming to an end so a new chairman has to be appointed, sources added.
Among various independent directors, seasoned banker and former bank of baroda chairman and managing director m d mallya is set to be the frontrunner to succeed sharma.
Mallya was recently appointed to the icici bank board as an independent director on may 29.