Money & Banking

ICICI Bank says Kochhar not asked to go on leave

Surabhi Mumbai | Updated on June 01, 2018 Published on June 01, 2018

Chanda Kochhar   -  REUTERS

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.

Published on June 01, 2018
This article is closed for comments.
Please Email the Editor