ICICI Bank faced issues related to Dubai operations, leading to Atanu Chakraborty's resignation and Sashidhar Jagdishan succeeding Aditya Puri.
3 reports, 3 independent
Updated Sep 11
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What happened
ICICI Bank faced issues related to Dubai operations, leading to Atanu Chakraborty's resignation and Sashidhar Jagdishan succeeding Aditya Puri.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Indian lender faces legal challenges in Bahrain, tied to ethical concerns and Chakraborty's resignation.1 source
Chakraborty resigned citing bank practices, adding detail to the leadership transition.1 source
Chakraborty resigned amid Dubai operations issues, leading to Jagdishan succeeding Puri at the bank.1 source
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The entities involved
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ICICI Bank
Indian multinational Bank
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Atanu Chakraborty
Indian Administrative Service officer
Nothing else this week.
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Dubai
most populous city in the United Arab Emirates and the capital of the Emirate of Dubai
Related events
- Chakraborty resigned citing HDFC concerns while criticizing private bank succession issues versus SBI performance.
- HDFC Bank is facing governance risks and deposit issues as Sashidhar Jagdishan leads the bank through a leadership transition.
- Resignation of a former chairman and uncertainty over reappointment are weighing on the stock of major banks like HDFC and ICICI.
- A leadership vacuum has been reported at a major financial institution involving Atanu Chakraborty and Sashidhar Jagdishan.
- RBL Bank Limited received a capital infusion from a Dubai-based group on July 3, 2026.