Business Standard

ICICI Pru soars 9% after appointment of Anup Bagchi as MD & CEO of company

Anup Bagchi had joined the ICICI Group in 1992 and had worked in the areas of retail banking, corporate banking and treasury.

ICICI Prudential Life

Photo: Shutterstock

SI Reporter Mumbai
Shares of ICICI Prudential Life Insurance Company (ICICI Pru) rallied 9 per cent to Rs 418.80 in Thursday’s intra-day trade, after the appointment of Anup Bagchi as Managing Director & Chief Executive Officer (MD & CEO) of the company. Anup Bagchi is presently the Executive Director of ICICI Bank, and Non-executive Director of ICICI Pru.

At 11:19 am; the stock traded 6 per cent higher at Rs 407.60, as compared to 0.25 per cent rise in the S&P BSE Sensex. It recovered 10 per cent from its 52-week low price of Rs 380.95, which it had touched in intra-day

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First Published: Mar 16 2023 | 11:32 AM IST

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