Following Sandeep Bakhshi’s appointment as ICICI Bank Chief Operating Officer on Monday, the private lender on Tuesday appointed NS Kannan as the Managing Director and Chief Executive Officer (CEO) of ICICI Prudential Life Insurance Company, "subject to regulatory and other approvals".
Kannan, an Executive Director at ICICI Bank succeeds Bakhshi, who was on Monday appointed Wholetime Director and COO-designate of ICICI Bank.