ICICI Prudential Life shares close over 6% higher as Anup Bagchi replaces NS Kannan as MD & CEO
In his current role, Bagchi heads the wholesale banking, transaction banking, markets group, and proprietary trading groups. He is also a board member of ICICI Prudential Asset Management Company and Commerce Trade Services. Previously, Bagchi was the MD and CEO of ICICI Securities.
On the back of the news, shares of ICICI Prudential Life Insurance Company Ltd closed 6.73 per cent higher at Rs 409.90 each today. Source: Reuters