NS Kannan is a recognized figure in the world of banking and insurance. He was at the helm of ICICI Prudential Life Insurance Co. Ltd, a company with a market worth of Rs 80,012 crore as of August 14, 2023. As the former CEO and managing director of ICICI Prudential Life, he’s transitioning to a pivotal role at Wipro, joining their Board of Directors.
From October 1, 2023, for the next five years, he is slated to be an independent director at Wipro, contingent upon shareholder approval. Over the years, Kannan has assumed several pivotal roles within the ICICI group. He is an alumnus of NIT, Trichy with a degree in Mechanical Engineering. Further, he’s a Chartered Financial Analyst from ICFAI and has a Postgraduate Diploma in Management from IIM, Bangalore.
With over three decades of professional experience in the financial realm, spanning both banking and insurance, Kannan will bring invaluable insights as an independent director on Wipro’s Board. His leadership at ICICI saw the company evolve into a diverse product and channel entity.
On his upcoming role, Kannan expressed, “Joining the Board of Wipro, a company revered for its values and mission, is both thrilling and a privilege. I am eager to contribute to its forthcoming trajectory of growth and influence.”
In addition, Kannan has been affiliated with several committees formed by the Indian government and various regulatory agencies. This includes advisory roles like facilitating solutions for DHFL as the premier Financial Service provider under the Indian Bankruptcy Code and being a member of the RBI Steering Committee for the enforcement of Indian Accounting Standards.