Meet IIM alumnus who once led Rs 80,012 crore company now set to join Wipro as...

NS Kannan is a well-known name in the banking and insurance sector. He once led ICICI Prudential Life Insurance Co. Ltd which has a market capitalization of Rs 80,012 crore as on August 14, 2023. Kannan was the managing director and chief executive officer of ICICI Prudential Life. He is now set to join IT major Wipro to its Board of Directors.

He will be appointed as an independent director effective October 1, 2023, for five years, subject to the approval of shareholders. He has served in various leadership roles in the ICICI group. Kannan holds a bachelor's degree in Mechanical Engineering from NIT, Trichy. He also did Chartered Financial Analyst from the ICFAI. Kannan completed his Postgraduate Diploma in Management from IIM, Bangalore.

NS Kannan will serve as an independent director on the Board, bringing over 30 years of experience in the financial services domain, including banking and insurance. During his tenure as the MD and CEO at ICICI, Kannan led the company’s transformation into a multiproduct and multi-channel company.

NS Kannan said, “I am excited and honoured to join the Board of Wipro, an iconic values and purpose-driven company that is a key technology partner to some of the most respected clients globally. I look forward to contributing to its next phase of growth and impact.”

NS Kannan has also been part of various committees constituted by the Government of India and various regulatory bodies, including, advisor to resolve DHFL as the First Financial Service provider under the Indian Bankruptcy Code and member of the RBI Steering Committee on the implementation of Indian Accounting Standards.

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