ICICI Bank Appoints Vijayalakshmi Iyer as Independent Director
Mumbai: ICICI Bank Limited shareholders have approved the appointment of Ms. Vijayalakshmi Iyer as an Independent Director through a postal ballot. The appointment will be effective from December 1, 2025, for a term until May 31, 2030.
Postal Ballot Results
The postal ballot was conducted entirely through remote e-voting, with votes counted via KFin Technologies Limited. Out of the total valid votes:
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75.96% voted in favor
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24.04% voted against
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Invalid/Abstain votes accounted for a small fraction
The Scrutinizer, Alwyn D’Souza & Co., Company Secretaries, certified that the voting process complied fully with the Companies Act, 2013, SEBI (LODR) Regulations, and relevant MCA Circulars.
About Ms. Vijayalakshmi Iyer
Ms. Iyer brings extensive banking and regulatory experience to ICICI Bank:
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Holds a postgraduate degree in Commerce and Economics from the University of Mumbai
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Fellow of the Indian Institute of Banking and Finance (CAIIB)
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Former Executive Director, Central Bank of India
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Former Chairperson & Managing Director, Bank of India
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Former Whole Time Member (Finance & Investment), IRDAI
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Serving on ICICI Bank Board since November 29, 2017
Her appointment strengthens the Bank’s corporate governance framework, enhancing board oversight, risk management, and strategic decision-making.
About ICICI Bank
ICICI Bank Limited is one of India’s largest private sector banks, providing a wide range of retail, corporate, and institutional banking services. The appointment of Ms. Iyer reaffirms the Bank’s focus on transparent and robust governance.