ICICI Lombard Appoints Sanjeev Mantri As New MD & CEO
ICICI Lombard General Insurance Company has announced the appointment of Sanjeev Mantri as the new MD and CEO, replacing Bhargav Dasgupta, who will assume the role of Vice President at the Asian Development Bank.
The company's board, during a meeting, acknowledged Dasgupta's resignation and confirmed that he would continue in his current role until the end of business hours on 30 November 2023.
Furthermore, the board has approved the appointment of Sanjeev Mantri, the current executive director of the company, as the new MD & CEO, effective from 1 December 2023, or upon receiving approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Mantri's appointment is set for a period of five consecutive years or until his retirement date, subject to IRDAI and company members' approval.
