ICICI Bank appoints Sandeep Bakhshi as COO

Private sector banking major ICICI Bank on Monday appointed Sandeep Bakhshi as the new Wholetime Director and Chief Operating Officer (COO).

The appointment comes at a time when the company's MD and CEO, Chanda Kochhar, will be on leave till enquiry into the ICICI-Videocon loan case is completed.

Bakhshi's appointment as COO will be for a period of five years, subject to regulatory approvals. He will take over as the COO from Tuesday, or on the date of regulatory and other approvals, whichever is later, read a statement.