Former SEBI Whole-Time Member Ashwani Bhatia Joins ICICI Bank As Independent Director

ICICI Bank has appointed Ashwani Bhatia as an Independent Director (Additional Director) on its Board for a five-year term, effective June 1, 2026.

Bhatia brings over four decades of experience in banking, financial markets, and regulation. He served as a Whole-Time Member of the Securities and Exchange Board of India (SEBI) between June 2022 and May 2025, overseeing departments including debt and hybrid securities, alternative investment funds, foreign portfolio investors, market intermediaries, and investor education. Before joining SEBI, Bhatia spent nearly 37 years with the State Bank Group. He retired as Managing Director (MD) of State Bank of India (SBI) and earlier served as Chief Executive Officer (CEO) and MD of SBI Funds Management Ltd. He holds a bachelor’s degree in physics & mathematics and an MBA in marketing management.

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