Kamath appointed ICICI Bank MD, CEO
By Our Banking Bureau | 27 Apr 2002
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Mumbai: ICICI Bank has reconstituted 
its board, appointing K V Kamath as managing director and chief executive officer, and Lalita Gupte as joint managing director. Earlier, both Kamath and Gupte were non-whole time directors of the bank. The reconstitution follows approval of the merger of ICICI with ICICI Bank.
its board, appointing K V Kamath as managing director and chief executive officer, and Lalita Gupte as joint managing director. Earlier, both Kamath and Gupte were non-whole time directors of the bank. The reconstitution follows approval of the merger of ICICI with ICICI Bank. The board at its meeting on 26 April 2002 also approved the appointments of Kalpana Morparia and S Mukherji as executive directors and approved the re-designation of H N Sinor as joint managing director. The appointments are effective from the date of the merger and subject to RBI approval, a bank press release said.
The meeting also approved appointments of the following additional directors: R Seshasayee (managing director, Ashok Leyland Ltd), D Sengupta (chairman, General Insurance Corporation of India), Marti G Subrahmanyam (professor of finance, Stern School of Business, New York University and L N Mittal (chairman and CEO, LNM group).
