ICICI Prudential Life Insurance Company Limited has informed the Exchange regarding Appointment of Mr. Anand Desai as Chief Risk Officer of the company w.e.f. December 08, 2025.
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ICICI Prudential Life Insurance Company has appointed Mr. Anand Desai as its new Chief Risk Officer (CRO), effective December 08, 2025. The Chief Risk Officer is a key managerial position responsible for identifying, assessing, and managing the company's overall risk framework across insurance operations and investments. This is a senior-level appointment and the company has informed the stock exchange as part of its compliance disclosure requirements. No details on Mr. Desai's prior background or replacement of a previous CRO have been disclosed in this filing.
This is a routine key managerial personnel appointment and is unlikely to have any material impact on the stock price. It reflects governance compliance and continuity in the company's risk management function.