Chandel has been nominated as the government nominee director in place of Lok Ranjan.
The government has appointed Lalit Kumar Chandel, economic advisor in the Department of Financial Services, as its nominee on the board of ICICI Bank with effect from December 4, the lender said.
Chandel has been nominated as the government nominee director in place of Lok Ranjan, as per the communication received from the Department of Financial Services, Ministry of Finance on December 5, 2018, ICICI Bank said in a regulatory filing.In total, there are 12 members on the board of the private sector lender, including Chairman Girish Chandra Chaturvedi, Managing Director and CEO Sandeep Bakhshi and three executive directors Vishakha Mulye, Vijay Chandok and Anup Bagchi.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.