N Vaghul is credited with transforming ICICI from a public finance institution to a private sector bank. He was also on the boards of several corporate firms.
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Veteran banker N Vaghul passed away at 88 due to health complications. Known for transforming ICICI into a private sector bank during his tenure as chairman and managing director from 1985 to 1996, Vaghul also played key roles in corporate philanthropy and served on several company boards.
Get latest articles and stories on Latest News at LatestLY. Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Latest News | Banking Industry Doyen N Vaghul Dies at 88.