In light of the Chanda Kochhar episode, this article discusses whether ICICI Bank’s board was initially too hasty to give a clean chit to its former Managing Director and CEO.
Tarun Bhatia, Managing Director and Head of South Asia, Business Intelligence and Investigations, recommended that “Any allegation must be taken seriously and quickly as time is of the utmost importance in investigations. Also, boards should ensure they are seen as independent because their primary responsibility is to the shareholders."
Read full article on The Hindu BusinessLine
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