ICICIPRULIICICI Prudential Life Insurance Company Limited
IRDAI approves Sidharatha Mishra as ICICI Life’s Managing Director and CEO for five years from 14 Oct 2026
- Guidance
- Insurance
ICICI Life Insurance Limited, formerly ICICI Prudential Life Insurance Company Limited, has told the exchanges that the Insurance Regulatory and Development Authority of India (IRDAI) has approved the appointment of Mr. Sidharatha Mishra as an Additional Director and as Managing Director and CEO of the company. The approval, received at 6:45 PM on 13 Oct 2026, covers five consecutive years from 14 Oct 2026 to 13 Oct 2031, subject to compliance with applicable laws.
The appointment is also subject to approval by the company's shareholders. The filing follows the company's earlier intimation of 2 Oct 2026. In another filing on the same day, the company described Mr. Mishra as its Chief Operating Officer.
Inference
For shareholders, the filing records the regulator's approval of the company's next Managing Director and CEO. The approval is one of two steps: the shareholders must also approve the appointment before it is complete.
The filing does not give the terms of the appointment or any changes in strategy. Investors may want to look for the notice to shareholders on the appointment, which would set out the details, and for the company's description of its leadership plans in later announcements.
Reference: Original filing (PDF)
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