ICICI Bank appoints Madhabi Puri Buch as Executive Director

The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its Meeting held at Mumbai today elevated Ms. Madhabi Puri-Buch, Group Corporate Brand Officer & Head - Operations as Executive Director on the Board, subject to the approval of Reserve Bank of India, and of the shareholders at the next general meeting. Ms. Puri-Buch has been with the ICICI group since 1997, and had earlier worked with erstwhile ICICI Limited from 1989 to 1992. She will be responsible for the Internal Control Environment function of the bank globally, including operations, risk management, and legal, as well as the corporate brand. Her appointment is effective from June 1,2007.

Source : Equity Bulls

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