In an interview with CNBC-TV18, Chanda Kochhar, MD and CEO, ICICI Bank clarifies that Kamath will continue to remain non-executive chairman of ICICI Bank. Kamath's appointment at Infosy will not affect his role at ICICI Bank, she adds.
Infosys on Saturday named veteran banker KV Kamath as the new chairman of the company. He will succeed founder Narayana Murthy, who retires in August.
However, Kamath will continue to remain non-executive chairman of ICICI Bank and his appointment at Infosys will not affect his role at the bank, managing director and chief executive officer of the bank Chanda Kochhar told CNBC-TV18's Shereen Bhan in an exclusive interaction.
"It is extraordinary for Kamath to be a non-executive of two leading companies. He brought technological revolution to the entire banking industry and I am sure that he will bring fresh perspective for Infosys as well," she added.