R.
M. Vishakha, new MD and CEO of IndiaFirst Life Insurance
Comes with a rich experience
of 25 years in the BFSI sector
Senior BFSI professional Ms. R. M.
Vishakha will take over as the new Managing Director and CEO at IndiaFirst Life
Insurance Company tomorrow.
Ms. Vishakha has a very successful track
record of over 25 years in the financial services industry. Her last assignment
was as Director Sales & Marketing in a leading bancassurance led life
insurance company. Prior to that, Ms.
Vishakha, was Chief Business Officer at IndiaFirst Life Insurance.
The previous assignments of Ms. Vishakha
include a rich experience across public as well as private companies, setting
up bancassurance channel for one of the early adapters to being part of a
start-up.
Ms. Vishakha said on her new
assignment, “I am delighted to be returning to IndiaFirst Life Insurance. I truly believe the company has tremendous
potential to reach out to customer’s pan-India, with a distribution base of
over 6000 partner bank branches and strong multi channel strategy. With simple, easy to understand products that
are tailored to meet various needs across life stages and income brackets, we
will continue to focus on placing our customers ‘First’ in everything we do.”
IndiaFirst Life Insurance is today one
of the fastest growing life insurance companies, having covered over 2.7
million lives amounting to over INR
7.500 crore of AUM as on September 30, 2014.
The company recently announced Happy
India, a social initiative to nurture the attitude of working towards
constructive change and creating change among the school going children in the
age bracket of 11-16 years. This
initiative aims to search for Young Change Makers and support them in
implementing their ‘Ideas for Change’. It has seen participation from over
15,000 students (in the age group of 11 to 16 years) from over 300 schools
across the country. IndiaFirst in turn
has supported 25 best ‘ideas for change’ with a grant of INR 50,000 each.
About
IndiaFirst Life Insurance
Headquartered in Mumbai, IndiaFirst,
with a paid-up share capital of INR 475 crore, is one of the country's youngest
life insurance companies. It is promoted by two of India's largest public
sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk,
wealth and investment company Legal & General. Bank of Baroda holds a 44
percent stake in IndiaFirst, while Andhra Bank and Legal & General hold a
30 percent and 26 percent respectively.
IndiaFirst believes it can differentiate
itself through simple, easy to understand products that are fairly priced and
efficiently serviced.
Today IndiaFirst Life is present in over
1,000 cities and towns across the country through 6000 partner bank branches.
The company has covered over 2.7 million lives and have over INR 7.500 crore of
AUM as on September 30, 2014.
The
Journey So Far
- One
of the fastest growing life insurance company in the country. Moved from
23rd position to 8th position amongst private life insurers.
- Defied
industry trend – grew by 28% in terms of new business premium at the end
of FY 2013-14
- Over
Rs.7,500 crore of AUM – ensuring superior risk adjusted returns. Have
consistently outperformed our benchmark indices
- Over
2.7 million lives covered
- Wide
network with 6000 touch points across 1000 cities and towns
- Over
31 awards won in a span of 5 years including three consecutive Celent Asia
Awards
- Ranked
amongst the Top 100 Great Places to Work
For
More Details:
IndiaFirst
Life Insurance
|
Concept
PR
|
Tamanna Khanna
|
Christopher Charles
|
M: 98206 02369
|
M: 9842475706
|
e-mail: charles@conceptpr.com
|
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