ICICI Securities Limited announced the appointment of Rakesh Jha as Additional Director (Non-Executive Non-Independent Director) on the company’s Board, with effect from September 26, 2022.
According to the company’s exchange filing, “We wish to inform you that the Board of Directors of the Company have approved the appointment of Mr. Rakesh Jha (DIN: 00042075) on September 26, 2022, as an Additional Director (Non-Executive Non-Independent Director) on the Board of Directors of the Company with effect from September 26, 2022 subject to regulatory approvals.”
Rakesh Jha is an Executive Director on the Board of ICICI Bank Limited (‘the Bank’) since September 2, 2022. He heads the Retail Banking business of the Bank. He is responsible for the Retail Banking, Rural & Agriculture and Small & Medium Enterprise businesses of the Bank. He also serves on the Board of ICICI Lombard General Insurance Company Limited and ICICI Venture Funds Management Company Limited.
He has been with ICICI Group since the year 1996 and has worked in various areas including financial reporting, planning, strategy, asset-liability management and investor relations. He is knowledgeable and has practical experience in the areas of accounting, banking, economics and finance. Prior to his current role, he was the Group Chief Financial Officer of the Bank.
He has a management degree from the Indian Institute of Management, Lucknow and an engineering degree from the Indian Institute of Technology, Delhi.
ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution.
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