Anup Bagchi to take over as MD & CEO of ICICI Pru Life Insurance in June

Bagchi will replace N S Kannan, the current MD & CEO, who will complete his five-year term, and superannuate from service in June

Private sector life insurer ICICI Prudential Life Insurance will see a change of guard as N S Kannan, the current managing director (MD) & chief executive officer (CEO), will superannuate from his services after the completion of his term in June 2023. Anup Bagchi, presently serving as executive director of ICICI Bank, will succeed him after that as the MD & CEO of the company for five years, with effect from June 19, 2023, subject to the approval of the insurance regulator.  

Further, to ensure a seamless transition, Bagchi has been appointed executive director & chief operating officer effective May