Chanda Kochhar reappointed on the board of ICICI Securities
Chanda Kochhar has been reappointed as a director on the board of ICICI Securities after 97.7% of the votes were cast in her favour. ICICI Bank, which has a 79.22% stake in the brokerage arm, voted in her favour. Kochhar, the CEO of ICICI Bank, is on leave pending an investigation into conflict of interest and quid pro quo allegations.