Corporate Governance Policies

and Practices of
 CONTENTS
S. NO. Topic Contributed By Roll no.

1 Company Profile Diyewar Kunal Prakash 2203021

2 Financial performance Swetha 2203026

3 Board of Directors and eswar 2203022

Sub Committees
4 remuneration vinesh 2203023

5 Corporate Governance Of ICICI Swathi 2203029

6 Corporate Governance Lapses Tejaswini 2203028

Satya 2203025

7 Challenges Ashit 2203024

8 SWOT Analysis Sanjeev 2203027

 COMPANY PROFILE
ICICI Bank is an Indian multinational bank and financial services company, officially known as Industrial Credit
and Investment Corporation of India Bank, is one of the largest private sector banks in India.

1. Formation and History:

 ICICI Bank was established in 1994 as a wholly-owned subsidiary of ICICI Limited, an Indian financial
institution.
 It became the first bank in India to be listed on the New York Stock Exchange (NYSE) in 2000.

2. Services and Products:

 The bank provides a comprehensive array of banking and financial services, including retail banking,
corporate banking, investment banking, and insurance.
 Its retail banking services include savings accounts, fixed deposits, personal loans, home loans, credit cards,
and various investment products.
 ICICI Bank also offers a range of corporate banking solutions, such as business loans, trade finance, and
treasury services.
3. Technological Innovation:
 ICICI Bank has been at the forefront of adopting technology in the banking sector. It has introduced
various digital banking services, internet banking, and mobile banking apps to enhance customer
convenience.

4. International Presence:
 ICICI Bank has a global presence with subsidiaries and branches in various countries. It operates in the
United States, the United Kingdom, Canada, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar, Oman,
and other international locations.

5. Awards and Recognition:

 ICICI Bank has received numerous awards for its performance and services, both nationally and
internationally.

6. Leadership:
 The leadership of ICICI Bank includes a Board of Directors and a management team responsible for the
overall functioning and strategic direction of the bank.
 Corporate Governance of ICICI Bank:
ICICI Bank is committed to adhering to the high standards of governance in the way they conduct their
business. ICICI ensures compliance with the laws, rules, and regulations that govern the business and has
established a culture of accountability, transparency, and ethical conduct.
 Board Composition and Expertise of the Board
 Risk Governance and Management Framework
 ESG Governance
 Customer Centricity
 Data Protection and Privacy
 Business Ethics and Policies
 Progressive Policies for Employees
 Responsible Banking
 BOARD COMPOSITION
MANAGING DIRECTOR
CHAIRMAN & CEO

Girish Chandra Chaturvedi Sandeep Bakhshi

Non-Executive (part-time Director) (Full-time Director)
 Independent Directors:

Neelam Dhawan B. Sriram

Hari L. Mundra S. Madhavan
Non-Executive Non-Executive
Non-Executive Non-Executive
Director Director
Director Director

Uday Chitale Vibha Paul Rishi Radhakrishnan Nair

Non-Executive Non-Executive Non-Executive
Director Director Director
Executive Directors:

Rakesh Jha – Wholetime director Sandeep Batra – Wholetime Director

KEY MANAGERIAL PERSONNEL:

Anindya Banerjee - Group Chief Financial Officer

Prachiti Lalingkar - Company Secretary

BOARD COMMITTEES:

Mandatory Committees:

Audit Committee :
 Uday Chitale - Non-Executive Director
 S. Madhavan – Non-Executive Director
 Radhakrishnan Nair – Non-Executive Director

Board Governance, Remuneration & Nomination Committee:

 Neelam Dhawan – Non-Executive Director
 Girish Chandra - Non-Executive (part-time Director)
 Chaturvedi B. Sriram – Non – Executive Director
Corporate Social Responsibility Committee:
 Girish Chandra Chaturvedi - Chairman Non-Executive (part-time Director)
 Radhakrishnan Nair – Non-Executive Director
 Uday Chitale – Non – Executive Director
 Vibha Paul Rishi – Non – Executive Director
 Rakesh Jha – Executive Director

Stakeholders Relationship Committee:

 Hari L. Mundra Non – Executive Director
 Uday Chitale Non – Executive Director
 Sandeep Batra – Whole time Director
Non-Mandatory Committees:

Risk Committee:

• S. Madhavan – Non-Executive Director

• Girish Chandra Chaturvedi - Chairman Non-Executive (part-time Director)
• Vibha Paul Rishi - Non-Executive Director
• Sandeep Batra – Wholetime Director

Credit Committee:

• Sandeep Bakhshi - Managing Director and Chief Executive Officer ( Wholetime Director)
• Hari L. Mundra - Non-Executive Director
• B. Sriram - Non-Executive Director
• Rakesh Jha - Executive Director

Customer Service Committee:

• Vibha Paul Rishi - Non-Executive Director
• Hari L. Mundra - Non-Executive Director
• Sandeep Bakhshi - Managing Director and Chief Executive Officer ( Wholetime Director)
• Rakesh Jha - Executive Director
Fraud Monitoring Committee:

• Radhakrishnan Nair - Non-Executive Director

• S. Madhavan - Non-Executive Director
• Neelam Dhawan - Non-Executive Director
• Sandeep Bakhshi - Managing Director and Chief Executive Officer ( Wholetime Director)
• Rakesh Jha - Executive Director

Information Technology Strategy Committee:

• B. Sriram, Chairman - Non-Executive Director

• Neelam Dhawan - Non-Executive Director
• Rakesh Jha - Executive Director
• Sandeep Batra - Managing Director and Chief Executive Officer ( Wholetime Director)