ICICI Bank 2010 Annual Report Download - page 26

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Directors’ Report
24
The Board of Directors at its Meeting held on April 24, 2010 re-constituted the Committee effective April 24, 2010
consequent to the resignation of Narendra Murkumbi from the Committee. Homi Khusrokhan has been appointed
as a member of the Committee in place of Narendra Murkumbi.
Sandeep Batra, Senior General Manger is the Group Compliance Officer & Company Secretary. 54 shareholder
complaints received in fiscal 2010 were processed. At March 31, 2010, 4 complaints were pending which have
been subsequently resolved.
X. Committee of Executive Directors
Terms of reference
The powers of the Committee include approval of credit proposals as per authorisation approved by the Board,
approvals in respect of borrowings and treasury operations and premises and property related matters.
Composition
The Committee of Executive Directors currently comprises all four wholetime Directors and is chaired by
Chanda D. Kochhar, Managing Director & CEO. The other Members are Sandeep Bakhshi, N. S. Kannan and
K. Ramkumar.
XI. Other Committees
In addition to the above, the Board has from time to time constituted various committees namely, Asset-Liability
Management Committee, Committee for Identification of Wilful Defaulters, Grievance Redressal Committee for
borrowers identified as Wilful Defaulters (all comprising certain wholetime Directors and Executives) and Committee
of Executives, Compliance Committee, Product & Process Approval Committee, Regional Committees for India and
overseas operations, Outsourcing Committee, Operational Risk Management Committee and other Committees
(all comprising executives). These committees are responsible for specific operational areas like asset-liability
management, approval of credit proposals, approval of products and processes and management of operational
risk, under authorisation/supervision of the Board and its Committees.
XII. General Body Meetings
The details of General Body Meetings held in the last three years are given below:
General Body Meeting Day, Date Time Venue
Thirteenth AGM Saturday,
July 21, 2007
1.30 p.m. )
)
)
)
)
)
)
Professor Chandravadan
Mehta Auditorium,
General Education Centre,
Opposite D. N. Hall Ground,
The Maharaja Sayajirao University,
Pratapgunj, Vadodara 390 002.
Fourteenth AGM Saturday,
July 26, 2008
2.00 p.m.
Fifteenth AGM Monday,
June 29, 2009
1.30 p.m.
Special Resolution
The details of Special Resolutions passed at the General Body Meeting in the last three years are given below:
General Body Meeting Day, Date Resolution
Thirteenth AGM Saturday,
July 21, 2007
zApproval for issue of preference shares subject to applicable
laws and regulations
zAmendment to the Articles of Association of the Company for
deleting the reference to the definition of ‘group’.