ICICI Bank Management
Management criteria checks 4/4
ICICI Bank's CEO is Sandeep Bakhshi, appointed in Oct 2018, has a tenure of 6.08 years. total yearly compensation is ₹99.66M, comprised of 34.8% salary and 65.2% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹416.93M. The average tenure of the management team and the board of directors is 4.2 years and 3.4 years respectively.
Key information
Sandeep Bakhshi
Chief executive officer
₹99.7m
Total compensation
| CEO salary percentage | 34.8% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Here's Why We Think ICICI Bank (NSE:ICICIBANK) Might Deserve Your Attention Today
Sep 27
Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now
Aug 23ICICI Bank's (NSE:ICICIBANK) Upcoming Dividend Will Be Larger Than Last Year's
Aug 07ICICI Bank (NSE:ICICIBANK) Is Increasing Its Dividend To ₹10.00
Jul 04With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Makes An Interesting Case
Jun 03Should You Be Adding ICICI Bank (NSE:ICICIBANK) To Your Watchlist Today?
Feb 15We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease
Nov 02ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 03ICICI Bank's (NSE:ICICIBANK) Dividend Will Be Increased To ₹8.00
Jul 16ICICI Bank (NSE:ICICIBANK) Is Paying Out A Larger Dividend Than Last Year
Jul 02Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?
Jun 13We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease
Feb 24If EPS Growth Is Important To You, ICICI Bank (NSE:ICICIBANK) Presents An Opportunity
Sep 25ICICI Bank (NSE:ICICIBANK) Will Pay A Larger Dividend Than Last Year At ₹5.00
Aug 02ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 03Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?
Jun 05I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease
Feb 18I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease
Nov 05Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?
Jun 06Does ICICI Bank Limited (NSE:ICICIBANK) Have A Place In Your Dividend Portfolio?
May 03Have ICICI Bank Limited (NSE:ICICIBANK) Insiders Been Selling Their Stock?
Mar 01With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Is Interesting
Feb 17
Can You Imagine How Jubilant ICICI Bank's (NSE:ICICIBANK) Shareholders Feel About Its 161% Share Price Gain?
Jan 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹474b |
| Jun 30 2024 | n/a | n/a | ₹453b |
| Mar 31 2024 | ₹100m | ₹35m | ₹443b |
| Dec 31 2023 | n/a | n/a | ₹424b |
| Sep 30 2023 | n/a | n/a | ₹402b |
| Jun 30 2023 | n/a | n/a | ₹373b |
| Mar 31 2023 | ₹96m | ₹36m | ₹340b |
| Dec 31 2022 | n/a | n/a | ₹319b |
| Sep 30 2022 | n/a | n/a | ₹296b |
| Jun 30 2022 | n/a | n/a | ₹277b |
| Mar 31 2022 | ₹70m | ₹29m | ₹251b |
| Dec 31 2021 | n/a | n/a | ₹223b |
| Sep 30 2021 | n/a | n/a | ₹212b |
| Jun 30 2021 | n/a | n/a | ₹200b |
| Mar 31 2021 | ₹4m | n/a | ₹184b |
| Dec 31 2020 | n/a | n/a | ₹147b |
| Sep 30 2020 | n/a | n/a | ₹139b |
| Jun 30 2020 | n/a | n/a | ₹102b |
| Mar 31 2020 | ₹63m | ₹29m | ₹96b |
| Dec 31 2019 | n/a | n/a | ₹95b |
| Sep 30 2019 | n/a | n/a | ₹67b |
| Jun 30 2019 | n/a | n/a | ₹68b |
| Mar 31 2019 | ₹55m | ₹22m | ₹43b |
Compensation vs Market: Sandeep's total compensation ($USD1.18M) is about average for companies of similar size in the Indian market ($USD1.08M).
Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.
CEO
Sandeep Bakhshi (64 yo)
6.1yrs
Tenure
₹99,655,999
Compensation
Mr. Sandeep Bakhshi, BE (Mech), PGDM, has been Managing Director and Chief Executive Officer of ICICI Bank Ltd. since October 15, 2018 and has been its Executive Director since June 19, 2018. Mr. Bakhshi s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.1yrs | ₹99.66m | 0.0047% ₹ 416.9m | |
| Group CFO & Head of Investor Relations | 2.5yrs | ₹11.36m | 0.0024% ₹ 211.6m | |
| Executive Director | 2.2yrs | ₹83.96m | 0.0019% ₹ 164.8m | |
| Executive Director | no data | ₹86.74m | 0.0048% ₹ 419.6m | |
| Executive Director | less than a year | ₹48.29m | 0.0084% ₹ 742.2m | |
| Chief Accountant | no data | no data | no data | |
| Company Secretary & Compliance Officer | 1.6yrs | no data | 0% ₹ 0 | |
| Head of Markets & Proprietory Trading and Group Executive | 8yrs | no data | 0.00064% ₹ 56.4m | |
| Country Head of USA | 5.8yrs | no data | no data | |
| Chief Internal Auditor | no data | no data | no data | |
| Chief Manager | 14.6yrs | no data | no data | |
| Head of Business HR & Employee Relations | no data | no data | no data |
4.2yrs
Average Tenure
55yo
Average Age
Experienced Management: ICICIBANK's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.4yrs | ₹99.66m | 0.0047% ₹ 416.9m | |
| Executive Director | 2.2yrs | ₹83.96m | 0.0019% ₹ 164.8m | |
| Executive Director | 3.9yrs | ₹86.74m | 0.0048% ₹ 419.6m | |
| Executive Director | less than a year | ₹48.29m | 0.0084% ₹ 742.2m | |
| Independent Non-Executive Director | 6.8yrs | ₹4.90m | no data | |
| Additional Independent Director | less than a year | no data | no data | |
| Independent Part-Time Non-Executive Chairman | less than a year | ₹341.76k | no data | |
| Independent Non-Executive Director | 5.8yrs | ₹7.40m | no data | |
| Non-Executive Independent Director | 2.8yrs | ₹4.70m | 0% ₹ 0 | |
| Independent Non-Executive Director | 5.6yrs | ₹6.10m | 0.000060% ₹ 5.3m | |
| Independent Non-Executive Director | 6.5yrs | ₹5.80m | no data | |
| Independent Director | less than a year | no data | no data |
3.4yrs
Average Tenure
64yo
Average Age
Experienced Board: ICICIBANK's board of directors are considered experienced (3.4 years average tenure).