ICICI Lombard appoints Sanjeev Mantri as the MD & CEO

ICICI Lombard General Insurance has appointed Sanjeev Mantri as the new MD & CEO. It was a decision taken during the board meeting of the organisation, and it will be either effective from December 1, 2023 or depend on the approval by the Insurance Regulatory & Development Authority of India (IRDAI).
Depending on the approval of the shareholder or on IRDAI, the tenure of Mantri will be lasting for five years or till the date of his retirement. Mantri will be replacing Bhargav Dasgupta, who has resigned from ICICI Lombard on September 21. He will be serving the company till November 30. Mantri has nearly three decades of experience, assuming important roles in organisations such as BNP Paribas and Bennett Coleman and Co. He has also been handling and managing the Rural and Inclusive Banking portfolio at ICICI Bank. He has played an important role in expanding the organization into rural markets, by leading SME business verticals for the bank earlier.