ICICI Prudential Life Insurance Management
Management criteria checks 2/4
ICICI Prudential Life Insurance's CEO is Anup Bagchi, appointed in Jun 2023, has a tenure of 5.67 years. total yearly compensation is ₹61.51M, comprised of 44.6% salary and 55.4% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth ₹5.15M. The average tenure of the management team and the board of directors is 0.5 years and 5.7 years respectively.
Key information
Anup Bagchi
Chief executive officer
₹61.5m
Total compensation
| CEO salary percentage | 44.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.0006% |
| Management average tenure | less than a year |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | ₹62m | ₹27m | ₹9b |
Compensation vs Market: Anup's total compensation ($USD737.11K) is about average for companies of similar size in the Indian market ($USD1.00M).
Compensation vs Earnings: Insufficient data to compare Anup's compensation with company performance.
CEO
Anup Bagchi (53 yo)
less than a year
Tenure
₹61,513,106
Compensation
Mr. Anup Bagchi, B.Tech, PGDM had been Non-Executive Director since 2019 until September 17, 2022 and served as Additional Non-Executive Non Independent Director of ICICI securities since October 11, 2018...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | less than a year | ₹61.51m | 0.00059% ₹ 5.2m | |
| CFO & Investor Relations | 1.1yrs | no data | no data | |
| Chief Investment Officer | no data | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief Investor Relations Officer | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Head of Corporate Communications | less than a year | no data | no data | |
| Chief of Human Resources | no data | no data | no data | |
| Chief Risk Officer | no data | no data | no data | |
| Executive VP and Head of Customer Service & Operations | no data | no data | no data | |
| Senior Vice President of Proprietary Sales Force | no data | no data | no data | |
| Chief Distribution Officer | 4yrs | no data | no data |
0.5yrs
Average Tenure
52yo
Average Age
Experienced Management: 540133's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.7yrs | ₹61.51m | 0.00059% ₹ 5.2m | |
| Independent Non-Executive Chairman | 8yrs | ₹3.65m | no data | |
| Non-Executive Director | 5.7yrs | ₹2.07m | no data | |
| Independent Non-Executive Director | 6.4yrs | ₹3.85m | 0.000020% ₹ 174.6k | |
| Non-Executive Independent Director | 5.4yrs | ₹3.40m | no data | |
| Additional Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 6.9yrs | ₹3.60m | no data | |
| Independent Non-Executive Director | 8yrs | ₹3.65m | no data | |
| Non-Executive Independent Director | less than a year | ₹170.00k | no data | |
| Non-Executive Director | 1.1yrs | no data | no data |
5.7yrs
Average Tenure
64yo
Average Age
Experienced Board: 540133's board of directors are considered experienced (5.7 years average tenure).