HindustanTimes Sun,20 Apr 2014

Birla Sun Life names Pankaj Razdan as CEO and MD

PTI  Mumbai, October 29, 2013
First Published: 21:53 IST(29/10/2013) | Last Updated: 21:54 IST(29/10/2013)
Birla Sun Life Insurance (BSLI) has appointed Pankaj Razdan as Chief Executive Officer and Managing Director of the company.

The appointment of Razdan, who has been with Aditya Birla Group since 2007, was subject to regulatory approval, the private insurer said in a release today.
"Razdan has successfully steered some of our key businesses through challenging times. He has also guided our AMC business to an industry leadership position," Aditya Birla Group Chief Executive (Financial Services) Ajay Srinivasan said.
He replaces Jayant Dua, who will move to another role within the diversified group, the release said.
"With a strong foundation, trust of over 2.5 million customers and presence in over 550 cities, BSLI is well placed to harness the myriad opportunities that the Indian life insurance sector presents.
"I am confident that with the team, brand and infrastructure we have built over the years, we will be able to harness the opportunity the Indian insurance landscape presents," Razdan said.
BSLI is a joint venture between India's Aditya Birla Group and Sun Life Financial Inc, a top international financial services organisation from Canada.
more from Business

700 trainees opt for exit plan at Nokia’s Chennai plant

Finnish handset maker Nokia, struggling to shepherd its Chennai plant into its agreement to be bought by US software giant Microsoft amid tax disputes in India, has got some success with 736 of its trainees accepting the voluntary separation scheme.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved