88-year-old veteran banker N Vaghul, who transformed ICICI into a private sector lender, passed away on May 18.
Veteran banker N Vaghul, who transformed ICICI into a private sector lender, passed away at 88 on May 18 due to health complications. Vaghul took over ICICI in 1985, turning it into a universal bank during his 11-year tenure. He is survived by his wife, daughter, and son. Vaghul was appointed to several leadership positions in the banking industry and is credited with shaping the transformation of India's financial sector.
May 18, 2024
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