ICICI Prudential Life Insurance Company’s board of directors on Monday appointed NS Kannan managing director (MD) and chief executive officer (CEO) with effect from June 19.
The appointment is subject to approvals from the Insurance Regulatory Development Authority of India (IRDAI).
Sandeep Bakhshi, until recently the CEO of ICICI Pru, has been appointed MD and chief operating officer (COO) of ICICI Bank, the lender informed the Bombay Stock Exchange on Monday night.
Bakhshi resigned as CEO from the life insurance company on Monday evening but will continue as a non-executive director.
Between 2009 and 2013, Kannan was the executive director and chief financial officer

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