Synopsis: The Reserve Bank of India Reserve Bank of India has sanctioned the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI Bank, effective from July 1, 2024, for a three-year term. Sinha, a seasoned Indian Administrative Service officer, brings decades of experience, including serving as Cabinet Secretary and in the Prime Minister’s Office.
The RBI has given the green light to Pradeep Kumar Sinha's appointment as Part-time Chairman of ICICI Bank, effective July 1, 2024, for a tenure of three years.
Pradeep Kumar Sinha's appointment as Part-time Chairman of ICICI Bank has been approved by the Reserve Bank of India.
His term is slated to commence on July 1, 2024, and will span three years.
Sinha, an Indian Administrative Service member since 1977, holds a Master's degree in Economics from the Delhi School of Economics (1976) and a Bachelor's degree in Economics from St. Stephens College, Delhi.
He began his career in Uttar Pradesh and subsequently held various positions within the Government of India, eventually rising to the esteemed role of Cabinet Secretary, which he held for over four years.
Following his tenure as Cabinet Secretary, he transitioned to the Prime Minister’s Office until his retirement in March 2021, culminating 44 years of dedicated service to the nation.
In conclusion, the Reserve Bank of India's approval of Pradeep Kumar Sinha's appointment as Part-time Chairman of ICICI Bank marks a significant milestone.
With a tenure of three years starting from July 1, 2024, Sinha brings with him a wealth of experience garnered over a distinguished career spanning 44 years in the Indian Administrative Service.
His background in economics and extensive service at both state and national levels positions him well for this new role, underscoring the confidence placed in him by the RBI and ICICI Bank.
Related Questions
1. When does Pradeep Kumar Sinha's tenure as Part-time Chairman of ICICI Bank commence?
Pradeep Kumar Sinha's tenure as Part-time Chairman of ICICI Bank commences on July 1, 2024.
2. What qualifications does Pradeep Kumar Sinha hold?
Pradeep Kumar Sinha holds a Master's degree in Economics from the Delhi School of Economics (1976) and a Bachelor's degree in Economics from St. Stephens College, Delhi.
3. What notable positions has Pradeep Kumar Sinha held prior to his appointment as Part-time Chairman of ICICI Bank?
Prior to his appointment as Part-time Chairman of ICICI Bank, Pradeep Kumar Sinha served as Cabinet Secretary and held various positions within the Government of India.
4. How long is Pradeep Kumar Sinha's tenure as Part-time Chairman of ICICI Bank?
Pradeep Kumar Sinha's tenure as Part-time Chairman of ICICI Bank spans three years.
5. What message does Pradeep KumarSinha's appointment convey to the banking industry and stakeholders?
Pradeep Kumar Sinha's appointment as Part-time Chairman of ICICI Bank conveys a message of stability, experience, and confidence to the banking industry and stakeholders.
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