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ICICI Bank on Friday said that its Managing Director and CEO Chanda Kochhar is still on the job and is on a planned annual leave. “The ICICI Bank board denies having asked Chanda Kochhar to go on leave. She is on her annual leave which was planned in advance,” an ICICI Bank spokesperson said, adding that the board has not appointed any search committee to find her successor.
The clarification came after the ICICI Bank board decided to initiate a probe into a complaint of misconduct and quid pro quo against Kochhar by an anonymous whistle blower complaint.
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