ICICI Bank CEO Kochhar to Go on Leave as Allegations Probed

The ICC Bank Board has placed CEO Couture on leave pending an investigation into allegations of misconduct, including quid pro quo and compliance violations. The bank remains stable with Sandeep Bakhshi as interim head, who has extensive experience at the bank. The outcome of the investigation will determine Couture's future, while the bank's share prices have reacted positively to the leadership change.

What prompted the ICC Bank Board to place CEO Couture on leave?

• Her decision to retire early

• Allegations of quid pro quo and compliance violations

• A new job offer from another bank

• Her request for a sabbatical

What is the current status of the bank during the investigation?

• The bank is planning to merge with another bank

• The bank is stable with low-cost deposits and loan growth

• The bank has stopped all operations

• The bank is facing a financial crisis

Who is the interim head of ICC Bank during Chanda Kochera's absence?

• A new external hire

• Chanda Kochera

• Sandeep Bakhshi

• Couture

How long has Sandeep Bakhshi been with the bank?

• 10 years

• 20 years

• 30 years

• 40 years

What role did Sandeep Bakhshi previously hold at the bank?

• Chief Technology Officer

• Head of Marketing

• Deputy CEO

• Chief Financial Officer