IRDAI approves Sidharatha Mishra as MD & CEO for five consecutive years
IRDAI has approved the appointment of Mr. Sidharatha Mishra as Additional Director and Managing Director & CEO for five consecutive years, from October 14, 2026 to October 13, 2031.
By ScoutQuest · · 1 min read
- Appointed Role
- Additional Director and Managing Director & CEO
- Approved Term
- five consecutive years, from October 14, 2026 to October 13, 2031
- Regulatory Approval
- IRDAI communication received at 6.45 p.m. on October 13, 2026
What the update says
- Insurance Regulatory and Development Authority of India (IRDAI), through a communication received at 6.45 p.m. on October 13, 2026, approved the appointment of Mr. Sidharatha Mishra (DIN: 06524169) as an Additional Director and further as the Managing Director & CEO of the company.
- The approval is for a period of five consecutive years, from October 14, 2026 to October 13, 2031, subject to compliance with applicable laws.
- The company adds that this appointment is subject to the approval of the shareholders of the company.
- The update refers to the company's earlier intimation dated October 2, 2026, and encloses the details in an annexure, in which the regulator is named as IRDAI and the item on withdrawal, cancellation or suspension of the approval is marked not applicable.
How to read this
- The Managing Director & CEO is the company's senior-most executive role, so a change or confirmation at this level is information shareholders generally track.
- The regulator's approval is one step. The update itself states that the appointment is also subject to shareholder approval, so both steps are part of the process described.
- The approved term is a fixed one: five consecutive years, running from October 14, 2026 to October 13, 2031.
A detail on the letterhead
- The letter is issued under the name ICICI Life Insurance Limited, described as formerly known as ICICI Prudential Life Insurance Company Limited. The exchange scrip reference in the letter is BSE: 540133 / NSE: ICICIPRULI, with debt scrips listed as NSE: ICPR34 and ICPR35.
Also from ICICI Prudential Life Insurance Company
Earnings call: VNB up 22.3%, new business premium up 25.0% in H1-FY2027
21 Oct 2026
Income tax rectification order lifts AY 2023 demand to ~₹ 591.42 crore; penalty nil, appeal shared
20 Oct 2026
Margins declined mainly due to FCNR costs and lower yields on advances, while funding costs remained flat
19 Oct 2026
More numbers
- Approved tenure as MD & CEOfive consecutive years
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.