ICICI Life Insurance CEO Anup Bagchi Resigns; Sidharatha Mishra Appointed

ICICI Life Insurance Limited announced that the Board of Directors has accepted the resignation of Mr. Anup Bagchi as Managing Director & CEO, effective October 13, 2026. Concurrently, the Board approved the appointment of Mr. Sidharatha Mishra as the new Managing Director & CEO, effective October 14, 2026, or upon receipt of IRDAI approval, for a five-year term. Mr. Mishra will also serve as Chief Operating Officer from October 6, 2026. He will be transferred from ICICI Bank, ceasing his Senior Management Personnel role at the bank on October 5, 2026.