ICICI Prudential Life Insurance has announced senior management changes. Deepak Kinger is transitioning to a new role within ICICI Group. Anand Desai has been re-designated as Chief Risk Officer effective December 8, 2025. Manish Bhandari has been appointed as Chief Compliance Officer for three years, effective December 8, 2025. These changes aim to strengthen the company’s leadership team.
Leadership Transition
Significant changes are taking place within the senior management of ICICI Prudential Life Insurance. These changes, approved on December 5, 2025, involve role transitions and new appointments, designed to bolster the company’s strategic capabilities and leadership structure.
Key Personnel Updates
Deepak Kinger, previously Chief Risk & Governance Officer, will be transitioning to a new role within the broader ICICI Group. His resignation from his current role is effective from the end of day on December 7, 2025.
Appointment of New Chief Risk Officer
Anand Desai, who was appointed as Chief Compliance Officer on July 24, 2024, will now assume the role of Chief Risk Officer, effective December 8, 2025.
New Chief Compliance Officer Named
Manish Bhandari has been appointed as the new Chief Compliance Officer, with a term of three years, starting December 8, 2025. He brings extensive experience to the role.
Key Management Personnel Designations
Both Anand Desai and Manish Bhandari will be designated as Key Management Personnel, aligning with regulatory requirements and company governance standards.
Source: BSE
