Dec 19, 2008

Business - ICICI names Chanda Kochhar CEO from May 09

MUMBAI: ICICI Bank, India's second-largest lender, said on Friday Joint Managing Director Chanda Kochhar would succeed Chief Executive K.V. Kamath
who retires in April 2009.

Kamath, chief executive since 1996 at India's top private sector bank, will become non-executive chairman from May 2009 replacing N.Vaghul who retires.

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