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Mr. Prasanna Balachander - Non-Independent Director

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Mr. Prasanna Balachander

Non-Independent Director

Mr. Prasanna Balachander is Group Head - Global Markets - Sales, Trading and Research at ICICI Bank Limited. He is responsible for Economic research, trading, market-making and sales/distribution of all treasury products relating to fixed income, foreign exchange and derivatives. He is also the Chairman of ICICI Securities Primary Dealership Limited ('I-Sec PD'). He joined the Bank in November 2016 and prior to this appointment, he was the Managing Director & Chief Executive Officer of I-Sec PD. He has rich experience in the Indian Treasury markets and has been instrumental in contributing to a number of developmental efforts with respect to product development, widening and deepening of the Indian Institutional market. He has been a part of various committees formed by RBI, SEBI and FIMMDA for the development of new products in India.

He is currently the Vice Chairman of FIMMDA (Fixed Income Money Market and Derivatives Association of India), Additional Vice Chairman of FEDAI (Foreign Exchange Dealers Association of India) and Director on the Board of CCIL (The Clearing Corporation of India Limited).

He is a Chartered Accountant, Cost Accountant and a member of the CFA institute.