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ICICI Prudential to increase headcount by 3,000 in 2 months

ICICI Prudential to increase headcount by 3,000 in 2 months
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First Published: Wed, May 13 2009. 01 07 PM IST
Updated: Wed, May 13 2009. 01 07 PM IST
New Delhi: Private sector life insurer, ICICI Prudential Life, has said that it will hire 3,000 people in the next two months, debunking reports of any reduction in workforce.
“We are a growing organisation, and we have already started hiring the next round of 3,000 people over the next two months, the process for which is in full swing,” insurance company’s senior vice president and head-marketing Sujit Ganguli said.
The employee strength the insurer stood at 25,000 at the end of March 2009.
“The insurance company, which has a network of over 2,000 branches, has already rationalised its branch network for optimal utilisation of resources,” he added.
“We have combined some of our branches. We have not vacated from any location where we were present and have ensured to remain in close proximity to all our customers,” he said.
“The company added 40 branches to its network in the second half of 2008-09 notwithstanding branch rationalisation exercise,” he said, adding that the number of branches have gone up to 2,009 as on 31 March, 2009.
Net of opening new branches and rationalising, the number of branches has actually increased from 2,055 in 30 September, 2008 to 2,099 as on 31 March, 2009, he said.
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First Published: Wed, May 13 2009. 01 07 PM IST