Sandeep Bakhshi grew up in a defence services family and attended several schools and colleges across India before completing his management studies from XLRI in Jamshedpur.
He has been with the ICICI Group for 32 years and has handled various assignments in ICICI Limited, ICICI Lombard General Insurance, ICICI Bank and ICICI Prudential Life Insurance. The Board at its Meeting held on June 18, 2018 had appointed him as Wholetime Director and Chief Operating Officer (designate) effective from June 19, 2018 or the date of receipt of RBI approval for such appointment, whichever was later. RBI vide its letter dated July 31, 2018 had approved his appointment as Wholetime Director designated as Chief Operating Officer (COO) of the Bank effective July 31, 2018.
The Board at its Meeting held on October 4, 2018 appointed Mr. Bakhshi as Managing Director & CEO, subject to regulatory and other approvals. RBI vide its letter dated October 15, 2018 has approved the appointment of Mr. Sandeep Bakhshi as Managing Director & CEO of the Bank for a period of three years with effect from October 15, 2018.