ICICI Lombard’s Bhargav Dasgupta quits company to join ADB

Bhargav Dasgupta, the CEO of ICICI Lombard General Insurance, has resigned from his position to take on the role of Vice President (Market Solutions) at the Asian Development Bank. He cited new insurance regulations that limit a CEO’s tenure to a maximum of 15 years as the reason for his departure. He expressed confidence that a successor would be appointed soon, and his resignation was effective immediately.