Private sector ICICI Bank Monday inducted former SBI Managing Director B Sriram on its board as independent director.

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Besides, management consultant Rama Bijapurkar was also appointed director.

Both were appointed for 5 years, subject to the approval of shareholders, ICICI Bank said in a regulatory filing on stock exchanges.

Sriram retired as the managing director of IDBI Bank in September 2018. Prior to IDBI Bank, he was the managing director of SBI.