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ICICI Bank Announces Key Management Changes in August 2025
ByAinvest
Wednesday, Aug 6, 2025 5:24 pm ET1min read
ICICI Bank announced senior management changes, with Mr. B. Prasanna and Ms. Anubhuti Sanghai transitioning to ICICI Group companies, and Mr. Sanjay Singhvi retiring early on August 14, 2025. Mr. Shailendra Jhingan will join as a senior management personnel on August 6, 2025. These changes reflect the bank's efforts to optimize its leadership structure and enhance strategic positioning.
ICICI Bank has announced significant changes in its senior management, reflecting a strategic shift in its leadership structure. Effective August 5, 2025, Mr. B. Prasanna and Ms. Anubhuti Sanghai will transition to ICICI Group companies, while Mr. Sanjay Singhvi will retire early on August 14, 2025. Additionally, Mr. Shailendra Jhingan will join as a senior management personnel on August 6, 2025 [1].Mr. B. Prasanna, who has been the head of treasury at ICICI Bank for nearly nine years, will move to ICICI Securities as the head of corporate finance and investment banking. Shailendra Jhingan, currently heading ICICI Securities Primary Dealership, will replace Prasanna as the new head of treasury at ICICI Bank. Anubhuti Sanghai, who currently serves as a non-executive director at the primary dealership, will succeed Jhingan in his role [2].
The bank has approved these changes to optimize its leadership structure and enhance its strategic positioning. ICICI Bank did not provide further details on the reasons behind these moves but confirmed the internal transfers [1].
These changes come as part of ICICI Bank's ongoing efforts to streamline its operations and align its leadership with its strategic goals. The bank has been proactive in reshaping its senior management to ensure it remains competitive in the dynamic financial landscape [3].
References:
[1] https://m.economictimes.com/industry/banking/finance/banking/b-prasanna-head-of-icici-banks-treasury-to-move-to-securities-unit/articleshow/123121829.cms
[2] https://www.capitalmarket.com/markets/news/corporate-news/ICICI-Bank-approves-change-in-senior-management-personnel/1624169
[3] https://economictimes.indiatimes.com/industry/banking/finance/banking/b-prasanna-head-of-icici-banks-treasury-to-move-to-securities-unit/articleshow/123121829.cms?from=mdr
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