People: ICICI Bank Ltd (ICBK.BO)
20 Jan 2017
Mr. Rajiv Sabharwal is no longer Executive Director of the company, effective January 31, 2017. He was responsible for Retail Banking, Business Banking, Rural Banking & Financial Inclusion Business. He is also a director on the board of ICICI Prudential Life Insurance Company Limited and the Non-executive Chairman of ICICI Home Finance Company Limited. Mr. Sabharwal has done his Mechanical Engineering from Indian Institute of Technology Delhi and MBA from Indian Institute of Management Lucknow. He has over 22 years of experience in the Banking/Financial Services industry. He joined ICICI Group in 1998 and has held leadership positions in credit policy, debt management, business analytics, mortgage finance, consumer loans, credit cards, rural and microfinance lending and financial inclusion. His contribution in the growth of mortgage and retail business is widely acknowledged in the industry circles and within ICICI Group. He also has considerable knowledge relating to the securities and portfolio management business segments as he has been on the investment advisory committee of ICICI Prudential Asset Management Company's Real Estate PMS since 2007. Prior to joining ICICI Group Mr. Sabharwal has worked in the Consumer Durables Marketing, Commercial Finance and Retail Finance businesses at Godrej, SRF Finance and GE Capital respectively. In January 2009 he joined Sequoia Capital, a leading venture/growth capital company and worked as Operating Partner focusing on the financial services sector. There he led new investment decisions as well as represented Sequoia at the board in existing investments.
|Total Annual Compensation, INR||42,811,200|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||16,388,900|
|Fiscal Year Total, INR||59,200,100|