ICICI Lombard, a leading insurance company, has announced the appointment of Sanjeev Mantri as its new Managing Director (MD) and Chief Executive Officer (CEO), effective from December 1, 2023. Sanjeev Mantri, who currently serves as the executive director of ICICI Lombard, brings nearly 20 years of experience with the company, where he has played a significant role in the growth of the retail business and enhancing revenue and profitability in the general insurance sector. His responsibilities include overseeing distribution across various channels, strategy, products, analytics, pricing, marketing, and corporate communications. This leadership change follows the resignation of Bhargav Dasgupta from the role of MD and CEO on September 21, 2023. ICICI Lombard recently reported a 12% year-on-year increase in net profit for the first quarter, highlighting its strong performance in the insurance industry.