ICICI Bank 2012 Annual Report Download - page 27

Annual Report 2011-2012 25
Composition
The Committee of Executive Directors currently comprises all four wholetime Directors and is chaired
by Chanda Kochhar, Managing Director & CEO. The other Members are N. S. Kannan, K. Ramkumar and
Rajiv Sabharwal.
XII. 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, Committee of Senior Management
(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.
XIII. 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
Fifteenth AGM Monday, June 29, 2009 1.30 p.m Professor Chandravadan Mehta
Auditorium, General Education
Centre, Opposite D. N. Hall Ground,
The Maharaja Sayajirao University,
Pratapgunj, Vadodara 390 002
Extra-ordinary General
Meeting
Monday, June 21, 2010 1.30 p.m
Sixteenth AGM Monday, June 28, 2010 1.30 p.m
Seventeenth AGM Monday, June 27, 2011 1.30 p.m
The details of the Resolution passed under Section 44A of the Banking Regulation Act, 1949 and
Reserve Bank of India’s guidelines for merger/amalgamation of private sector banks dated May 11,
2005 are given below:
General Body Meeting Day, Date Resolution
Extra-ordinary General
Meeting
Monday, June 21, 2010 Merger of The Bank of Rajasthan Limited
with ICICI Bank Limited (passed by requisite
majority as provided under Section 44A of the
Banking Regulation Act, 1949)
Postal Ballot
At present, no special resolution is proposed to be passed through postal ballot. No resolution was
passed through postal ballot during fiscal 2012.
XIV. Disclosures
1. There are no materially significant transactions with related parties i.e., directors, management,
subsidiaries, or relatives conflicting with the Bank’s interests. The Bank has no promoter.
2. Penalties or strictures imposed on the Bank by any of the stock exchanges, the Securities & Exchange
Board of India (SEBI) or any other statutory authority, for any non-compliance on any matter relating
to capital markets, during the last three years are detailed: