The engineer-turned-banker has represented his company in various regulatory committees of key bodies such as RBI and SEBI.
Anup Bagchi is the MD and CEO of ICICI Prudential Life Insurance Company. He has been in the top post of the company since June 2023. It is a joint venture between ICICI Bank and Prudential Corporation. Bagchi joined the ICICI Group in 1992 and worked in the areas of retail banking, corporate banking and treasury.
The 52-year-old holds a management degree from the prestigious Indian Institute of Management (IIM), Bangalore. He also holds a bachelor's degree in engineering from Indian Institute of Technology (IIT) Kanpur. He is currently leading ICICI Prudential Life Insurance which has a market capitalisation of around Rs 80,077 crore as of August 14, 2023. The company's share price was Rs 554.75 on Monday.
Bagchi was also an Executive Director on the Board of ICICI Bank from February 1, 2017 to April 30, 2023. During this, he worked extensively in the areas of retail banking, treasury, investment banking, small scale industry, payment and settlement systems.
The engineer-turned-banker has represented ICICI Group in various regulatory committees of key bodies such as RBI and SEBI. He was a member of RBI’s Expert Committee on MSME and of SEBI’s Committee on Financial and Regulatory Technologies.
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Bagchi also headed ICICI Securities as Managing Director and CEO from May 1, 2011 to October 31, 2016. During this, the organization won the prestigious Outlook Money - India’s Best e-Brokerage House for seven consecutive years. He was responsible for the development and growth of the retail broking, retail financial product distribution and wealth management businesses.
He has been honoured with ‘The Asian Banker Retail Finance Person of the Year Award in Asia Pacific’ at the Asian Banker Excellence in Retail Financial Services Awards 2021 for helping grow the Bank’s retail business through digital transformation.
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 "Meet IIT-IIM alumnus who leads Rs 80,077 crore company")
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