Chanda Kochhar tipped to succeed Kamath

ICICI Bank board will meet here tomorrow and is likely to decide on the successor of K V Kamath, its CEO and managing director. The bank's joint managing director and group chief financial officer Chanda Kochhar is expected to take over the mantle from Kamath after he demits office on April 30 next year, sources said. Kamath would take over as non-executive chairman of the bank in place of N Vaghul, they added. A bank spokesperson declined to comment on the issue.

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