ICICI Prudential Life Appoints Anand Desai & Manish Bhandari To Senior Roles
ICICI Group has announced leadership changes at ICICI Prudential Life Insurance Company involving Deepak Kinger, Anand Desai, and Manish Bhandari as part of a restructuring of its risk and compliance functions.
Deepak Kinger, Chief Risk & Governance Officer, will transition to a new role within the ICICI Group, with his resignation becoming effective at the end of December 7, 2025.
Anand Desai, appointed as Chief Compliance Officer on July 24, 2024, under IRDAI’s Corporate Governance Regulations, will be redesignated as Chief Risk Officer effective December 8, 2025. Manish Bhandari has been appointed Chief Compliance Officer for a three-year term beginning the same day.
Desai and Bhandari will serve as Key Management Personnel under IRDAI regulations and as Senior Management under the Companies Act, 2013, and SEBI Listing Regulations.
Desai is a Chartered Accountant with 20 years of experience in financial accounting, controls, and investment operations. Bhandari, who holds a PGDM from SIBM Pune and a master’s in finance and control from Punjab University, brings 27 years of experience across ICICI Bank in retail banking, business development, sales, branch processes, customer service, and compliance.




