Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance
Much like a captain sails their ship through rough waters, a competent leader stands at the helm of their organization. A similarly meticulous leader who has been intricately involved in driving ICICI Lombard on the right trajectory is Bhargav Dasgupta, MD & CEO of the firm. Beyond possessing strong communication skills, realistic optimism, and out-of-the-box thinking, there is an 'X' factor that makes Bhargav loved and respected by his team. This successful modern-day leader transcends convictions and displays mastery by being an open-minded learner, an empathetic mentor, and a customer-focused leader. While he began his journey with (erstwhile) ICICI in 1992 as a Manager, his prolific professional journey led him to the role of MD and CEO at ICICI Lombard in 2009. Since then, the company has made its mark as the country’s largest private non-life insurance firm. His principle of customer-centricity has enabled the organization to introduce several top-notch tech-backed solutions catering to the risk management needs of its customers. Bhargav’s ability to design effective strategies and consistently ensure better performance and growth is highly inspirational, to say the least.
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Top 10 CEOs in Banking & Insurance - 2023
The Pillar Holding Indian Economy
As per RBI India’s banking sector is sufficiently capitalised and well-regulated. This makes the financial and economic conditions in the country are far superior to any other country in the world. Indian banks have proved this by withstanding the global downturn very well. The Indian banking industry has recently witnessed the rollout of innovative banking models like payments and small finance banks. Through financial inclusion schemes, the country is focusing on extending its banking sector to everyone. Digital payments, neo-banking, a rise of Indian NBFCs and fintech were some of the reforms playing significant role in enhancing financial inclusion of the country.
Banking as a service (BaaS)
With time banking sector started innovating itself, the young generation found it difficult to go to physical banks every time they needed. So like every industry banking also went digital. The no cash economy will definitely reduce the flow of black money and will further stabilize the economy. Even though that dream is still far away, it gives county a expectation of stabilized economy.
Modernising Payments: For the digital payments industry, in particular, the pandemic has played a pivotal role in introducing new developments coupled with technological advancements and regulatory support, leading to industry transformation.
Banks have to make considerable efforts and investments further ensuring that their customers can use their apps for all their daily needs. Banks will need to reimagine their customer journeys, and interaction points, using data for recommendations and intuitive suggestions, and gleaning insights from data to predict what the user needs next.
In this issue of CEO Insights, we bring you a list of ‘Top 10 CEOs in Banking & Insurance- 2023’ who have leveraged their extensive industry expertise and experience for the growth and profit of the respective organisations in which they have served. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CEOs in Banking & Insurance - 2023" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Amit Kumar, Founder & CEO | Dhanrashi | An IIM Ahmedabad alumnus, has rich experience across financial services,especially in the microfinance industry |
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Bhargav Dasgupta, MD & CEO | ICICI Lombard | Started his career with the firm in 1992 and has held key leadership positions in diverse business areas. He is also a member of IRDAI’s Insurance Advisory Committee |
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Deepak Patkar, CEO | Fullerton India | He has 25+ years of professional experience across multiple disciplines including business, risk management, audit, sales and quality assurance |
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Manish Jaiswal, CEO | Poonawalla Housing Finance | Holds over 27 years of deep domain experience in Banking & Financial services industry and Heavy Engineering Industry |
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Raj Sukheja, CEO | Red Mammoth | A finance specialist & strategic consultant expert in accelerating change for businesses |
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Rajeev Bhattathiripad, MD & CEO | The New India Assurance Company | An accomplished business leader with extensive experience of 34 + years in the insurance sector successfully heading the firm |
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Rakesh Singh, MD & CEO | Aditya Birla Finance | Leverages 24 years of leadership and corporate board experience across SME finance, Housing finance, Commercial finance, Digital financial products, Wealth management, Capital Market offerings & Broad based lending |
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Sriram Kumar, CEO & Principal Officer | Muthoot Risk Insurance & Broking Services | A customer focused insurance strategist building distinctive insurance solutions for all sections of society |
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Takayuki Ueda, MD &CEO | Toyota Tsusho Insurance Broker | Having decades of experience in the insurance sector, he has acquired great business tactics and strategies |
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Vaibhav Kulshrestha, CEO | My Mudra Fincorp | A transformative leader with broad experience in the credit sector, spearheads the organization and guides the overall development and new initiatives across the company’s all verticals |
Other Issues
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