ICICI Lombard General Insurance Company Limited announced the appointment of Rakesh Jha as Chairperson of the Board, with effect from June 30, 2024.
Rakesh Jha is a Non-executive, Non-Independent Director on the Board of the Company since May 28, 2022. Rakesh Jha is also Executive Director on the Board of ICICI Bank Limited (“the Bank”) since September 2, 2022. He is responsible for the retail, small enterprises and corporate banking businesses of the Bank. He also serves on the Board of ICICI Venture Funds Management Company Limited, ICICI Securities Limited and ICICI Home Finance Company Limited.
Rakesh Jha has been with ICICI since 1996 and has worked in various areas including financial reporting, planning, strategy, assetliability management and investor relations. He is knowledgeable and has practical experience in the areas of accounting, banking, insurance, economics and finance. Prior to his current role, he was the Group Chief Financial Officer of the Bank.
Rakesh Jha has a management degree from the Indian Institute of Management, Lucknow and an engineering degree from the Indian Institute of Technology, Delhi.
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