N. S. Kannan became a director of the Company in October 2023 and serves as a member of our Audit, Risk and Compliance Committee, bringing over 32 years of experience in the Financial Services domain, including Banking and Insurance. Mr. Kannan superannuated as the Managing Director and Chief Executive Officer at ICICI Prudential Life Insurance Co. Ltd. in June 2023. During his tenure as Managing Director and CEO, Mr. Kannan led the Company's transformation into a multi-product and multi-channel company. Mr. Kannan has served in various leadership roles in the ICICI group, including as Executive Director and CFO of ICICI Bank. Mr. Kannan has also served as Chairman/Non-Executive Director of various ICICI group companies.

Mr. Kannan has also been part of several committees constituted by various regulatory bodies. He is a member of the Reserve Bank of India’s Academic Council of College of Supervisors, Advisory Group on Regulation and Standing External Advisory Committee for evaluating applications for Universal Banks as well as Small Finance Banks, the Insurance Regulatory and Development Authority of India’s Insurance Advisory Committee.

Mr. Kannan serves as an Independent Director on the Board of the National Bank for Financing Infrastructure and Development, where he is the Chair of the IT Strategy Committee, and a member of the Audit Committee, Executive Committee and the Special Committee for Monitoring and Follow up of Frauds. He is also an Independent Director on the Board of Bangalore International Airport Limited and serves as the Chair of Audit Committee and Finance Sub Committee. In addition, Mr. Kannan is an Independent Director on the Boards of TransUnion CIBIL Limited and Jio BlackRock Asset Management Private Limited, where he also serves on various committees.

Mr. Kannan, having been at the helm of companies in the financial services domain, has extensive experience and exposure. He comes with leadership experience, and expertise across finance, strategy, corporate governance, audit, risk management including cybersecurity risk, among others.

Mr. Kannan holds an honors graduate degree in Mechanical Engineering from the National Institute of Technology (NIT), Trichy and is a distinguished alumnus of NIT. He is a Chartered Financial Analyst from the ICFAI India. He holds a Postgraduate Diploma in Management from Indian Institute of Management, Bangalore, with a gold medal for the best all-round performance.