ICICI Bank Approves Reappointment of Independent Director and Sets Dates for 32nd AGM

<h1>ICICI Bank Approves Reappointment of Independent Director and Sets Dates for 32nd AGM</h1>

The Board of Directors of ICICI Bank Limited approved the re-appointment of Ms. Vibha Paul Rishi as an Independent Director and set key dates for its upcoming general meeting, marking several governance updates at the bank.

Ms. Vibha Paul Rishi was unanimously approved by the Board for a second term, commencing from January 23, 2027, until December 31, 2028. This re-appointment is contingent upon shareholder approval and coincides with the completion of her association with the ICICI Group for ten years. Her previous tenure had been set to expire on January 22, 2027.

The Board Governance, Remuneration and Nomination Committee recommended the re-appointment, affirming Ms. Rishi's role in governance roles within the financial sector.

General Meeting and Key Dates Announced​

ICICI Bank announced that its 32nd Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:00 a.m. IST. The meeting will be conducted via Video Conferencing or through other Audio-Visual Means facility.

The bank confirmed that the Notice of the AGM and the Annual Report for 2025-26 will be provided electronically to members whose email addresses are registered with the Bank or its Share Transfer Agent. These documents will also be made available on the bank's website.

August 3, 2026, has been designated as the Record Date for determining eligible members for dividends on equity shares, should any be declared at the AGM.

Key governance and meeting details are summarized below:

Profile of Ms. Vibha Paul Rishi​

Ms. Vibha Paul Rishi is an accomplished marketing specialist with extensive international experience in branding, strategy, and innovation across high-visibility consumer products. She holds a Master's degree in Business Administration, specializing in Marketing from the Faculty of Management Studies, University of Delhi, and an Honours in Economics from Lady Sri Ram College, Delhi University.

Ms. Rishi began her career at Tata Administrative Service and was part of the core start-up team for Titan Watches. For 17 years, she was associated with PepsiCo in leadership roles across India, the US, and the UK, where she was also one of the founding team members when PepsiCo started operations in India. Her international experience includes moving to PepsiCo's headquarters in the US and later taking on an innovation leadership role in London.

She previously served as Director, Marketing and Customer Strategy at the Future Group and held a role as Executive Director, Brand and Human Capital at Max India. Ms. Rishi possesses specialized knowledge gained from her many years of involvement in various boards, covering areas such as Accountancy, Economics, Finance, Risk Management, Consumer Insight & Marketing, and Strategy.

Currently, she serves on the Boards and Board-level Committees (including Audit, Risk Management, Nomination and Remuneration, Stakeholders' Relationship Committee, and Corporate Social Responsibility) of several reputable companies. She is also associated with Pratham, an NGO working to provide education to underprivileged children in India.

ICICIBANK Stock Price Movement​

Today, shares of ICICI Bank Limited edged up to settle at ₹1387.6, posting a modest gain of 0.04%. The stock saw robust trading activity during the session, with over 13.25 million shares traded.