Siddhartha Mishra appointed MD and CEO of ICICI Prudential Life

ICICI Prudential Life Insurance has announced the appointment of Siddhartha Mishra as its new Managing Director and Chief Executive Officer. Mishra, an alumnus of Utkal University with over 26 years of experience in the banking sector, will also assume the role of Chief Operating Officer on October 6, 2026.

Mishra currently leads digital channels, partnerships, customer service, and various international groups at ICICI Bank. His official tenure as MD and CEO is scheduled to begin on October 14, 2026, or upon receiving approval from the Insurance Regulatory and Development Authority of India (IRDAI), whichever occurs later. The appointment is set for a five-year term, subject to regulatory and shareholder approvals.

Mishra succeeds Anup Bagchi, who is stepping down on October 13, 2026, to pursue a new career opportunity. The company's board expressed appreciation for Bagchi’s three decades of service and his role in developing the company into a resilient franchise.