Reshuffle in Bajaj Allianz Life Insurance
December 13th, 2010 - 10:45 pm ICT by IANSChennai, Dec 13 (IANS) Top level changes have been announced in the Pune-based life insurer Bajaj Allianz Life Insurance Company. The changes will come into effect from February 2011.The company is a 74:26 joint venture between India’s Bajaj Finserv Limited and German insurer Allianz.
The company’s managing director and CEO Kamesh Goyal, who is also the country manager for Allianz, has been appointed the CEO of Allianz Asia Pacific to be based in Singapore.
He will continue to be India manager for Allianz.
Bajaj Allianz Life’s COO V. Philip has been designated as the new CEO and would take over Feb 1, 2011, subject to the approval of the Insurance Regulatory and Development Authority (IRDA).
Goyal joined Allianz in 1999 and was the COO of Bajaj Allianz General Insurance in 2001. He took over as its CEO in 2004. He took over as country manager and managing director and CEO of Bajaj Allianz Life Insurance in 2007.
Philip has been with Bajaj Allianz since its inception in 2001.
- 'Jiyo Befikar' with Abhishek-Vidya - Dec 04, 2009
- Expert 'actuaries' who assess insurance risk getting younger - Dec 28, 2010
- More than 250 ULIPs sucked out of the market - Sep 02, 2010
- Non-life insurers log 27 percent business growth in May - Jun 25, 2011
- Rakesh Jain to head Reliance General Insurance - Oct 21, 2011
- Insurance regulator fines HDFC Standard Life for claims delay - Oct 05, 2011
- ADAG takes a step forward to snap up Royal Sundaram - Jul 14, 2010
- Non-life insurers post 19 percent growth in April - May 31, 2011
- Merger norms for general insurance firms in a week - Dec 11, 2010
- IRDA fines SBI Life Insurance Rs.70 lakh - Jul 09, 2011
- IRDA fines two Bharti Axa insurance companies - Aug 27, 2010
- Swabhimaanya rolls out insurance schemes for domestic help - Feb 20, 2012
- India's insurable population over 57 crore - Nov 29, 2011
- IRDA adopts tough standards for approving new ULIPs - Aug 25, 2010
- Government to look into insurance controversy - Apr 12, 2010
Tags: allianz, allianz life insurance, allianz life insurance company, asia pacific, bajaj allianz general insurance, bajaj allianz life, ceo, coo, german insurer, goyal, inception, insurance regulatory and development authority, irda, joint venture, kamesh, level changes, life insurance company, life insurer, managing director, reshuffle