ICICI Bank Management

Management criteria checks 4/4

ICICI Bank's CEO is Sandeep Bakhshi, appointed in Oct 2018, has a tenure of 5.92 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 ₹410.44M. The average tenure of the management team and the board of directors is 4 years and 5.5 years respectively.

Key information

Sandeep Bakhshi

Chief executive officer

₹99.7m

Total compensation

CEO salary percentage34.8%
CEO tenure5.9yrs
CEO ownership0.005%
Management average tenure4yrs
Board average tenure5.5yrs

Recent management updates

Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Aug 23
Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Recent updates

Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Aug 23
Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

ICICI Bank's (NSE:ICICIBANK) Upcoming Dividend Will Be Larger Than Last Year's

Aug 07
ICICI Bank's (NSE:ICICIBANK) Upcoming Dividend Will Be Larger Than Last Year's

ICICI Bank (NSE:ICICIBANK) Is Increasing Its Dividend To ₹10.00

Jul 04
ICICI Bank (NSE:ICICIBANK) Is Increasing Its Dividend To ₹10.00

With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Makes An Interesting Case

Jun 03
With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Makes An Interesting Case

Should You Be Adding ICICI Bank (NSE:ICICIBANK) To Your Watchlist Today?

Feb 15
Should You Be Adding ICICI Bank (NSE:ICICIBANK) To Your Watchlist Today?

We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

Nov 02
We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 03
ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year

ICICI Bank's (NSE:ICICIBANK) Dividend Will Be Increased To ₹8.00

Jul 16
ICICI Bank's (NSE:ICICIBANK) Dividend Will Be Increased To ₹8.00

ICICI Bank (NSE:ICICIBANK) Is Paying Out A Larger Dividend Than Last Year

Jul 02
ICICI Bank (NSE:ICICIBANK) Is Paying Out A Larger Dividend Than Last Year

Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

Jun 13
Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

Feb 24
We Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

If EPS Growth Is Important To You, ICICI Bank (NSE:ICICIBANK) Presents An Opportunity

Sep 25
If EPS Growth Is Important To You, ICICI Bank (NSE:ICICIBANK) Presents An Opportunity

ICICI Bank (NSE:ICICIBANK) Will Pay A Larger Dividend Than Last Year At ₹5.00

Aug 02
ICICI Bank (NSE:ICICIBANK) Will Pay A Larger Dividend Than Last Year At ₹5.00

ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 03
ICICI Bank's (NSE:ICICIBANK) Shareholders Will Receive A Bigger Dividend Than Last Year

Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

Jun 05
Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

Feb 18
I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

Nov 05
I Ran A Stock Scan For Earnings Growth And ICICI Bank (NSE:ICICIBANK) Passed With Ease

Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

Jun 06
Does ICICI Bank (NSE:ICICIBANK) Deserve A Spot On Your Watchlist?

Does ICICI Bank Limited (NSE:ICICIBANK) Have A Place In Your Dividend Portfolio?

May 03
Does ICICI Bank Limited (NSE:ICICIBANK) Have A Place In Your Dividend Portfolio?

Have ICICI Bank Limited (NSE:ICICIBANK) Insiders Been Selling Their Stock?

Mar 01
Have ICICI Bank Limited (NSE:ICICIBANK) Insiders Been Selling Their Stock?

With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Is Interesting

Feb 17
With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Is Interesting

Can You Imagine How Jubilant ICICI Bank's (NSE:ICICIBANK) Shareholders Feel About Its 161% Share Price Gain?

Jan 21
Can You Imagine How Jubilant ICICI Bank's (NSE:ICICIBANK) Shareholders Feel About Its 161% Share Price Gain?

How Much Are ICICI Bank Limited (NSE:ICICIBANK) Insiders Taking Off The Table?

Dec 26
How Much Are ICICI Bank Limited (NSE:ICICIBANK) Insiders Taking Off The Table?

CEO Compensation Analysis

How has Sandeep Bakhshi's remuneration changed compared to ICICI Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

₹453b

Mar 31 2024₹100m₹35m

₹443b

Dec 31 2023n/an/a

₹424b

Sep 30 2023n/an/a

₹402b

Jun 30 2023n/an/a

₹373b

Mar 31 2023₹96m₹36m

₹340b

Dec 31 2022n/an/a

₹319b

Sep 30 2022n/an/a

₹296b

Jun 30 2022n/an/a

₹277b

Mar 31 2022₹70m₹29m

₹251b

Dec 31 2021n/an/a

₹223b

Sep 30 2021n/an/a

₹212b

Jun 30 2021n/an/a

₹200b

Mar 31 2021₹4mn/a

₹184b

Dec 31 2020n/an/a

₹147b

Sep 30 2020n/an/a

₹139b

Jun 30 2020n/an/a

₹102b

Mar 31 2020₹63m₹29m

₹96b

Dec 31 2019n/an/a

₹95b

Sep 30 2019n/an/a

₹67b

Jun 30 2019n/an/a

₹68b

Mar 31 2019₹55m₹22m

₹43b

Compensation vs Market: Sandeep's total compensation ($USD1.19M) is about average for companies of similar size in the Indian market ($USD1.19M).

Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.


CEO

Sandeep Bakhshi (64 yo)

5.9yrs

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

NamePositionTenureCompensationOwnership
Sandeep Bakhshi
MD, CEO & Executive Director5.9yrs₹99.66m0.0047%
₹ 410.4m
Anindya Banerjee
Group CFO & Head of Investor Relations2.3yrs₹11.36m0.0024%
₹ 208.7m
Rakesh Jha
Executive Director2yrs₹83.96m0.0019%
₹ 161.9m
Sandeep Batra
Executive Directorno data₹86.74m0.0048%
₹ 413.0m
Ajay Gupta
Executive Directorless than a year₹48.29m0.0084%
₹ 730.0m
Laxminarayan Achar
Chief Accountantno datano datano data
Prachiti Lalingkar
Company Secretary & Compliance Officer1.4yrsno data0%
₹ 0
Prasanna Balachander
Head of Markets & Proprietory Trading and Group Executive7.8yrsno data0.00064%
₹ 55.4m
Akshay Chaturvedi
Country Head of USA5.7yrsno datano data
Rajendra Khandelwal
Chief Internal Auditorno datano datano data
Vivek Ranjan
Chief Manager14.4yrsno datano data
Soumendra Mattagajasingh
Head of Business HR & Employee Relationsno datano datano data

4.0yrs

Average Tenure

55yo

Average Age

Experienced Management: ICICIBANK's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sandeep Bakhshi
MD, CEO & Executive Director6.3yrs₹99.66m0.0047%
₹ 410.4m
Rakesh Jha
Executive Director2yrs₹83.96m0.0019%
₹ 161.9m
Sandeep Batra
Executive Director3.8yrs₹86.74m0.0048%
₹ 413.0m
Ajay Gupta
Executive Directorless than a year₹48.29m0.0084%
₹ 730.0m
Neelam Dhawan
Independent Non-Executive Director6.7yrs₹4.90mno data
Uday Chitale
Independent Non-Executive Director6.7yrs₹5.60mno data
Pradeep Sinha
Independent Part-Time Non-Executive Chairmanless than a year₹341.76kno data
Balasubramanyam Sriram
Independent Non-Executive Director5.7yrs₹7.40mno data
Hari Mundra
Independent Non-Executive Director5.9yrs₹6.80mno data
Vibha Rishi
Non-Executive Independent Director2.7yrs₹4.70m0%
₹ 0
Subramanian Madhavan
Independent Non-Executive Director5.4yrs₹6.10m0.000060%
₹ 5.2m
Radhakrishnan Nair
Independent Non-Executive Director6.3yrs₹5.80mno data

5.5yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ICICIBANK's board of directors are considered experienced (5.5 years average tenure).