ICICI Bank vs Samsung: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: ICICI Bank and Samsung side by side

1. 1938Samsung

   Samsung Group begins

   Lee Byung-chul founded Samsung as a trading company before later generations expanded the group into electronics and industry.

2. 1955ICICI Bank

   ICICI Founded as Development-Finance Institution

   ICICI was formed to provide medium- and long-term project finance to Indian businesses.

3. 1969Samsung

   Samsung Electronics established

   Samsung Electronics Industry Co. Ltd. was established as the group entered electronics manufacturing.

4. 1977Samsung

   Korea Semiconductor acquired

   Samsung acquired Korea Semiconductor, a key step toward memory and component manufacturing leadership.

5. 1993Samsung

   New Management initiative

   Lee Kun-hee launched the New Management push to raise quality, design, and global competitiveness.

6. 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.

7. 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.

8. 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.

9. 2002ICICI Bank

   Reverse Merger Created Universal Bank

   ICICI, ICICI Personal Financial Services, and ICICI Capital Services merged into ICICI Bank.

10. 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.

11. 2017Samsung

    Harman acquisition closes

    Samsung completed the Harman acquisition, expanding into connected car systems and premium audio.

12. 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.

13. 2022Samsung

    Jong-Hee Han becomes CEO

    Jong-Hee Han became CEO of Samsung Electronics Co. in 2022. A longtime TV business leader who helped keep Samsung the top global TV brand.

14. 2024Samsung

    Jun Young-hyun becomes CEO

    Jun Young-hyun became CEO of Samsung Electronics Co. in 2024. Head of the semiconductor (Device Solutions) division and memory business; sole CEO for part of 2025 after Han Jong-hee's death, then co-CEO with TM Roh from November 2025.

15. 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.

16. 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.

17. 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.

18. 2025Samsung

    TM Roh joins Young Hyun Jun as co-CEO

    Samsung named TM Roh Head of Device eXperience and CEO, joining Young Hyun Jun as co-CEO.

19. 2025Samsung

    Annual revenue reaches ~$237B (KRW 333.6T)

    Samsung Electronics reported ~$237 billion (KRW 333.6 trillion) in 2025 annual revenue and ~$31 billion (KRW 43.6 trillion) in operating profit.

20. 2025Samsung

    Roh Tae-moon (TM Roh) becomes CEO

    Roh Tae-moon (TM Roh) became CEO of Samsung Electronics Co. in 2025. Longtime head of the mobile business.

21. 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%.

22. 2026ICICI Bank

    Bakhshi Reappointed to 2028

    The RBI approved Sandeep Bakhshi's reappointment as MD and CEO for two years from October 4, 2026.

23. 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.

Acquisitions

Questions about ICICI Bank vs Samsung