ICICI Prudential Life MD & CEO Anup Bagchi Resigns; Sidharatha Mishra Appointed

ICICI Prudential Life Insurance Company Ltd announced a significant change in its leadership. The Board of Directors accepted the resignation of Mr. Anup Bagchi as Managing Director and Chief Executive Officer, effective October 13, 2026. Mr. Bagchi has been with the ICICI Group for over three decades. Concurrently, the Board approved the appointment of Mr. Sidharatha Mishra as Chief Operating Officer from October 6, 2026. Furthermore, Mr. Mishra has been appointed as Additional Director and Managing Director & CEO, effective October 14, 2026, for a five-year term, subject to regulatory approvals. Mr. Mishra brings over 26 years of experience in the banking sector.