Sanjeev Mantri Appointed as MD and CEO of ICICI Lombard

Daily Current Affairs / Sanjeev Mantri Appointed as MD and CEO of ICICI Lombard

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Category : Appointment/Resignation Published on: September 26 2023

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In a significant leadership transition, the board of ICICI Lombard General Insurance has appointed Sanjeev Mantri as the new Managing Director and Chief Executive Officer (MD & CEO) of the company.
This move follows the resignation of Bhargav Dasgupta, the outgoing MD & CEO, who stepped down ahead of completing his 15-year tenure due to recent regulatory changes.
Bhargav Dasgupta, who had served as the MD & CEO of ICICI Lombard for nearly 15 years, decided to step down from his role.
His resignation was prompted by the new regulations governing the tenure of CEOs, which now limit their term to a maximum of 15 years.