Sidharatha Mishra Named MD and CEO of ICICI Life Insurance

ICICI Life Insurance has appointed Sidharatha Mishra as its new managing director and CEO, effective 14 October. Mishra, who has spent over 26 years at ICICI Bank, will also serve as chief operating officer starting 6 October. He succeeds Anup Bagchi, who is departing to lead HDFC Bank.

Mishra’s career at ICICI spans retail banking, regional leadership, and digital operations. Most recently, he managed digital channels and customer service. His appointment follows a broader leadership transition within the Indian banking industry, as several major lenders prepare for executive changes through 2027.

Editor's note: Accurate and captures the transition details and the broader industry context efficiently within the word limit.