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ICICI Bank Appoints B Sriram, Rama Bijapurkar As Independent Directors

Both have been appointed for five years, subject to the approval of shareholders, 

Pedestrians walks past signage for ICICI Bank Ltd. automated teller machines. (Photographer: Dhiraj Singh/Bloomberg)
Pedestrians walks past signage for ICICI Bank Ltd. automated teller machines. (Photographer: Dhiraj Singh/Bloomberg)

ICICI Bank on Monday inducted B Sriram, former managing director of State Bank of India, on its board as independent director, according to an exchange filing.

The private lender also appointed management consultant Rama Bijapurkar as director, according to the filing.

Both have been appointed for five years, subject to the approval of shareholders, ICICI Bank said.

Sriram retired as the managing director of IDBI Bank in September 2018. Prior to this sting, he was the managing director of SBI.