ICICI Prudential Life Appoints Sidharatha Mishra as CEO

ICICI Prudential Life Insurance has named veteran banker Sidharatha Mishra as its new Managing Director and CEO, effective October 14. Mishra, who also assumes the role of Chief Operating Officer on October 6, succeeds Anup Bagchi, who is joining HDFC Bank after three decades with the ICICI Group.

Mishra brings 26 years of experience to the position, having joined ICICI Bank in 1998. His tenure includes managing retail branches, regional operations, and digital channels. This leadership transition follows a broader trend of executive reshuffling across India’s banking sector as major lenders prepare for long-term succession planning.

Editor's note: Accurate and concise, though it misses minor details like the specific date of the board's filing and the mention of the IRDAI approval condition for the appointment.