ICICI Bank vs Post Holdings: Founders, CEOs and History
ICICI Bank was founded in 1994 by Industrial Credit and Investment Corporation of India and is led by Sandeep Bakhshi. Post Holdings was founded in 2012 by William P. Stiritz and is led by Nicolas Catoggio.
Company facts
ICICI Bank
- Founded
- 1994
- Headquarters
- Mumbai, Maharashtra, India
- Current CEO
- Sandeep Bakhshi
- Employees
- 124,029
Post Holdings
- Founded
- 2012
- Headquarters
- St. Louis, Missouri
- Current CEO
- Nicolas Catoggio
- Employees
- 13,180
Founders
ICICI Bank
Industrial Credit and Investment Corporation of India
The Industrial Credit and Investment Corporation of India (ICICI) was established in 1955 at the initiative of the World Bank, the Government of India, and representatives of Indian industry.
Post Holdings
William P. Stiritz
William P. Stiritz is the founding Chairman and CEO of the modern Post Holdings. When Ralcorp spun off its Post cereal business in February 2012, Stiritz took charge of the new company and began the acquisition strategy that later added Michael Foods and MOM B…
CEOs and their tenures
ICICI Bank
- K V Kamath1996–2009
CEO & Managing Director
Kamath built ICICI's reputation for technology-led banking, early ATMs, internet banking, and retail credit, and oversaw the 2002 reverse merger that created the modern bank.
Source - Chanda Kochhar2009–2018
CEO & Managing Director
Kochhar expanded ICICI Bank's retail franchise and brand reach, but her tenure ended amid the Videocon controversy and a sharp rise in bad corporate loans.
Source - Sandeep Bakhshi2018–present
Managing Director & CEO
Bakhshi is credited with restoring investor and regulator trust after 2018 and turning ICICI Bank into a lower-risk, steadily compounding lender, with net NPAs around 0.3% in 2026.
Source
Post Holdings
- William P. Stiritz2012–2014
Chairman and Chief Executive Officer
As the legendary Chairman and former CEO, the highly revered financial architect completely defined the company's complex, private-equity-style corporate structure.
Source - Robert V. Vitale2014–present
Executive Chairman (CEO 2014-2026)
Previously Post's CFO; from October 1, 2026 advises on capital allocation as Executive Chairman.
Source - Matthew J. Mainer2022–present
Chief Financial Officer and Treasurer
As CFO, he steers the company's aggressive, highly acquisitive capital allocation strategy, acting as the primary architect behind its massive M&A playbook.
Source - Nicolas Catoggio2026–present
President and Chief Executive Officer
Former Boston Consulting Group Managing Director and Senior Partner who advised Post on M&A diligence and integrations before joining.
Source
Timeline: ICICI Bank and Post Holdings side by side
1955ICICI Bank
ICICI Founded as Development-Finance Institution
ICICI was formed to provide medium- and long-term project finance to Indian businesses.
1994ICICI Bank
ICICI Bank Incorporated
ICICI Bank was incorporated as part of the ICICI group during India's post-liberalization banking opening. The move gave ICICI a deposit-taking commercial bank able to serve retail, corporate, and transaction-banking customers.
1999ICICI Bank
NYSE Listing Milestone
ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to list on the New York Stock Exchange. The listing expanded global visibility and imposed a higher disclosure profile on the group.
2001ICICI Bank
Bank of Madura Amalgamation
Bank of Madura was amalgamated with ICICI Bank with effect from March 10, 2001. The deal added branches, customers, and a southern India presence that helped the young bank build distribution faster than organic expansion alone.
2002ICICI Bank
Reverse Merger Created Universal Bank
ICICI, ICICI Personal Financial Services, and ICICI Capital Services merged into ICICI Bank.
2010ICICI Bank
Bank of Rajasthan Merger
The Bank of Rajasthan merger strengthened ICICI Bank's branch network, especially in northern and western India. The transaction mattered because local branches and deposits still supported private-bank scale even as digital channels were growing.
2012Post Holdings
Post Holdings Spin-Off
Post completed its separation from Ralcorp and began trading on the NYSE.
2014Post Holdings
Michael Foods Acquisition
Post expanded into egg products and foodservice through Michael Foods.
2015Post Holdings
MOM Brands Acquisition
Post broadened its cereal portfolio with MOM Brands.
2017Post Holdings
Weetabix Acquisition
Post added the U.K. Weetabix cereal business.
2018ICICI Bank
Sandeep Bakhshi Became MD and CEO
Sandeep Bakhshi became Managing Director and CEO in October 2018 after Chanda Kochhar requested early retirement. His tenure has been associated with a sharper focus on risk controls, asset quality, governance, and steady retail-led growth.
2018Post Holdings
Bob Evans Acquisition
Post expanded refrigerated retail and foodservice exposure.
2025ICICI Bank
FY2025 Balance Sheet Scale
The FY2025 integrated report listed Rs 16,103.48B in deposits, Rs 13,417.66B in loans and advances, Rs 21,182.40B in standalone total assets, and a 16.55% capital adequacy ratio.
2025ICICI Bank
FY2025 Profitability
ICICI Bank reported Rs 472.27B in standalone profit after tax and Rs 510.29B in consolidated profit after tax for FY2025. Profitability matters because the bank has to fund technology, compliance, provisions, and growth while keeping capital strong.
2025ICICI Bank
IMobile and Card Scale
IMobile processed 558M transactions worth Rs 11,238B in FY2025, and the bank had close to 18M active credit cards at March 31, 2025.
2025Post Holdings
8th Avenue Acquired
Post acquired the remaining interest in 8th Avenue Food & Provisions.
2026ICICI Bank
Q1 FY2027 Profit Up 15.9%
Standalone profit rose 15.9% to Rs 14,805 crore for April-June 2026, with net interest income up 12.7% and net NPAs at 0.35%.
2026ICICI Bank
Bakhshi Reappointed to 2028
The RBI approved Sandeep Bakhshi's reappointment as MD and CEO for two years from October 4, 2026.
2026ICICI Bank
FY2026 Profit Crosses Rs 50,000 Crore
Standalone net profit rose 6.2% to Rs 50,146.6 crore in FY2026, with a 4.32% net interest margin and 15.8% loan growth.
2026Post Holdings
CEO Transition
Nicolas Catoggio became President and CEO on October 1, 2026.
Acquisitions
ICICI Bank
- Bank of Rajasthan2010Undisclosed
- The Sangli Bank2007Undisclosed
- Bank of Madura2001Undisclosed
- Anagram Finance1998Undisclosed
- ITC Classic Finance1997Undisclosed
Post Holdings
- 8th Avenue Food & Provisions2025Undisclosed
- Pet Food Portfolio (J.M. Smucker)2023$1.2B
- Bob Evans Farms2018$1.5B
- Weetabix2017Undisclosed
- MOM Brands (Malt-O-Meal)2015$1.1B
- Michael Foods2014$2.5B
Questions about ICICI Bank vs Post Holdings
Who is the CEO of ICICI Bank Limited and Post Holdings, Inc.?
ICICI Bank Limited is led by Sandeep Bakhshi and Post Holdings, Inc. is led by Nicolas Catoggio. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was ICICI Bank Limited founded vs Post Holdings, Inc.?
ICICI Bank Limited was founded in 1994 — 18 years before Post Holdings, Inc., which was founded in 2012. ICICI Bank Limited's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Post Holdings, Inc..
How many employees does ICICI Bank Limited have compared to Post Holdings, Inc.?
ICICI Bank Limited employs approximately 124,029 people, while Post Holdings, Inc. employs approximately 13,180. ICICI Bank Limited has the larger workforce at 124,029 employees, compared to Post Holdings, Inc.'s 13,180. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are ICICI Bank Limited and Post Holdings, Inc. headquartered?
ICICI Bank Limited is headquartered in India and Post Holdings, Inc. is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded ICICI Bank Limited and Post Holdings, Inc.?
ICICI Bank Limited was founded by Industrial Credit and Investment Corporation of India. Post Holdings, Inc. was founded by William P. Stiritz.
Which company has a longer operating history — ICICI Bank Limited or Post Holdings, Inc.?
ICICI Bank Limited has been operating for approximately 32 years, making it the more established of the two companies. Post Holdings, Inc. has been in operation for around 14 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the ICICI Bank vs Post Holdings overview