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08 Aug 2022

I-Sec appoints Dr. Gopichand Katragadda as an Ind. Director

Mumbai, Aug 08, 2022:ICICI Securities Limited ('ICICI Securities'), one of India's leading equity houses, today said it has appointed Mr. Dr. Gopichand Katragadda as an independent director, subject to regulatory approvals and shareholders' approval in the forthcoming Annual General Meet, scheduled for August 26th, 2022.

Dr. Gopichand Katragadda, 54, is the Founder and CEO of Myelin Foundry, an artificial intelligence based deep tech product start-up. A BE in Electronics Engineering from Bangalore University, and MS, PhD in Electrical Engineering from the Iowa State University, Dr. Katragadda has held positions of Group Chief Technology Officer and Innovation Head of Tata Sons, and Chairman & Managing Director of GE India Technology Centre in the past. He possesses a total 33 years of experience.

Welcoming him on the Board, Mr. Vijay Chandok, MD & CEO, ICICI Securities, said," I warmly welcome Dr. Gopichand Katragadda to the Board of ICICI Securities as we are progressing on our transformational journey to become an integral part of every Indian in their financial life cycle journey. Dr. Katragadda has a distinguished track record and we look forward to benefiting from his deep expertise in the areas of Digital Transformation, Data Science, Information Technology for application areas including industry and finance, Artificial Intelligence, Advanced Research & Development and Technology led Innovation."

Dr. Gopichand Katragadda said, "ICICI Securities is the pioneer in the Indian online trading space when it launched icicidirect.com in 2000. I have been appraised of various path breaking innovations the Company has done over the years and I am happy to join the Board with governance responsibilities and also guide the Management on integrating new gen tech for higher customer satisfaction and process efficiency."

A GE Certified Six Sigma Master Black Belt, Dr. Gopichand Katragadda also sits on the Board of Bosch Limited as an Independent Director. He is also the Vice President of the IET (Institution of Engineering and Technology, a multidisciplinary professional engineering institution), Board of Trustees, UK, advisor for the NASSCOM Centre of Excellence for Data Science and Artificial Intelligence, and Chairman for the CII Knowledge Management Summit. He is the immediate past Chairman of the CII National Technology Committee.

About ICICI Securities

ICICI Securities Limited (I-Sec) is a subsidiary of ICICI Bank Ltd. The Company began its operations in May 1995 and continues to grow its operations through expanding its client base and providing different type of services.

I-Sec operates www.icicidirect.com, India's leading virtual financial supermarket, meeting the three need sets of its clients - investments, protection, and borrowing. Through its four lines of businesses -- broking, distribution of financial products, wealth management and investment banking, I-Sec serves customers ranging from the retail and institutional investors to corporates to high net-worth individuals to government.

I-Sec is listed on National Stock Exchange of India Limited (NSE) and the BSE Limited. For details, visit: www.icicisecurities.com

Media Contact:

ICICI Securities - Rabin Ghosh - rabin.ghosh@icicisecurities.com

Adfactors PR - Rakesh Kumar Jha, rakesh.jh@adfactorspr.com, +91 98 739 04595