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 1.5 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 ₹5.57M. The average tenure of the management team and the board of directors is 0.9 years and 6 years respectively.
Key information
Anup Bagchi
Chief executive officer
₹61.5m
Total compensation
| CEO salary percentage | 44.6% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.0006% |
| Management average tenure | less than a year |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Pinning Down ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) P/S Is Difficult Right Now
Sep 21
ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Shares May Have Run Too Fast Too Soon
Mar 30ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Business Is Trailing The Industry But Its Shares Aren't
Dec 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹9b |
| Jun 30 2024 | n/a | n/a | ₹9b |
| Mar 31 2024 | ₹62m | ₹27m | ₹9b |
Compensation vs Market: Anup's total compensation ($USD724.01K) is below average for companies of similar size in the Indian market ($USD1.05M).
Compensation vs Earnings: Insufficient data to compare Anup's compensation with company performance.
CEO
Anup Bagchi (53 yo)
1.5yrs
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 | 1.5yrs | ₹61.51m | 0.00059% ₹ 5.6m | |
| CFO & Investor Relations | 1.6yrs | no data | no data | |
| Chief of Human Resources & Operations | less than a year | 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 | |
| Chief Compliance Officer | less than a year | no data | no data | |
| Head of Corporate Communications | less than a year | no data | no data | |
| Chief Risk & Governance 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 Product & Distribution Officer | 4.5yrs | no data | no data |
0.9yrs
Average Tenure
52yo
Average Age
Experienced Management: ICICIPRULI's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.2yrs | ₹61.51m | 0.00059% ₹ 5.6m | |
| Independent Director | less than a year | no data | no data | |
| Chairman of the Board | 6.2yrs | ₹2.07m | no data | |
| Independent Non-Executive Director | 6.9yrs | ₹3.85m | 0.000020% ₹ 189.0k | |
| Non-Executive Independent Director | 5.9yrs | ₹3.40m | no data | |
| Additional Non-Executive Director | 1.3yrs | no data | no data | |
| Independent Non-Executive Director | 7.4yrs | ₹3.60m | no data | |
| Independent Non-Executive Director | 8.5yrs | ₹3.65m | no data | |
| Non-Executive Independent Director | less than a year | ₹170.00k | no data | |
| Non-Executive Director | 1.6yrs | no data | no data |
6.0yrs
Average Tenure
64yo
Average Age
Experienced Board: ICICIPRULI's board of directors are considered experienced (6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ICICI Prudential Life Insurance Company Limited is covered by 43 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Udit Kariwala | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Pankaj Agarwal | Ambit Capital |