B. Prasanna, head of ICICI Bank's treasury, to move to securities unit
ICICI Bank
will move to the private lender's securities arm, according to two sources familiar with the matter.
B. Prasanna
, who has headed the bank's treasury for nearly nine years, will move as head of corporate finance and investment banking at unlisted unit
ICICI Securities
, the sources said.
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He will be replaced by
Shailendra Jhingan
, who currently heads ICICI Securities Primary Dealership, they added.
Anubhuti Sanghai, currently non-executive director at the primary dealership, will take over from Jhingan, the sources said.
ICICI Bank
did not immediately respond to a Reuters query on the moves.
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In a stock exchange notice earlier in the day, the bank said that Prasanna will cease to be a senior management personnel at the bank due to a transfer within the group, without sharing details.
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