IOS 9.2: My "General> Profiles and Device management" is gone?

This option will not be displayed if you do not have an installed profile. You don't actually install profiles from the settings. Profiles can be installed through different channels, whether it be an email invitation or a website. The only reason profiles show up in settings is so you can manage/delete them easily. Before I had profiles, I didn't have the settings option to manage them.