Tuesday, January 14, 2014
Mr. K. S. Gopalakrishnan appointed as the Managing Director &
Chief Executive Officer of AEGON Religare Life Insurance
Mumbai, January 14, 2014: AEGON Religare Life Insurance (ARLI) announced the appointment of Mr K S Gopalakrishnan as the Managing Director & Chief Executive Officer. Prior to taking charge, he was the Executive Director of the company and earlier to this, he was the Appointed Actuary and the Chief Financial Officer at ARLI.
Mr Gopalakrishnan has over twenty five years of experience in the life insurance industry across markets such as India, Canada and Hong Kong. He has been associated with different start-up life insurance projects in India and abroad. His work experience spans across the areas of finance, business planning and strategy, product development and pricing, corporate actuarial, operations, compliance and underwriting. His accomplishments include pioneering concepts such as online life insurance, unit linked products with investment guarantees and free looks in India. He also led the project that resulted in the publication of the mortality experience of Indian insured lives 1994-96.
Mr Gopalakrishnan is a fellow member of the actuarial bodies of India, Canada and the UK. He is also an associate member of the Society of Actuaries (USA) and fellow member of the Insurance Institute of India. He is actively involved in professional work in the Institute of Actuaries of India, where he is currently a member of the Council and Vice President.
About AEGON Religare Life Insurance Company
AEGON, an international provider of life insurance, pension and asset management, Religare, India’s leading diversified financial services groups and Bennett, Coleman & Company, India’s largest media conglomerate, have come together to launch AEGON Religare Life Insurance Company Limited (ARLI). This venture is dedicated to build a customer-centric business and provide a work environment that fosters excellence and innovation. This joint venture adopts a local approach with the power of global expertise. ARLI launched its pan-India operations in July, 2008 following a multi-channel distribution strategy with a vision to help people plan their life better. The fulfillment of this vision is based upon having a complete product suite, providing customised advice and enhancing the overall customer experience. ARLI has launched a suite of products that are focused on providing the customer with the means to meeting their long-term financial goals. At the same time, product development has been founded on the tenet of providing the customer with great value. ARLI products such as iTerm, iMaximize, Future Protect and Rising Star have been ranked among the best in terms of value and have attracted many external accolades. The Indian Insurance Awards, 2013, honoured AEGON Religare Life Insurance (ARLI) as the ‘E-Business Leader’ under the category of Overall Insurance Industry Awards.
As an international provider of life insurance, pension and asset management, AEGON has businesses in over twenty markets around the world. With headquarters in The Hague, the Netherlands, AEGON companies employ over 23,000 people serving millions of customers across the globe. In total, the company oversees EUR 469 billion in revenue-generating investments. AEGON’s main operations are in the United States, the Netherlands and the United Kingdom, but in recent years the company has expanded into new growth markets in Asia, Central & Eastern Europe and Latin America. AEGON is one of the largest insurance companies in the United States, and ranks first in the Dutch group pensions market and has strong market positions in individual and group pensions in the UK. The company’s shares are listed on two major stock markets: Amsterdam and New York. AEGON has more than 160 years of experience with its roots going back to 1844. http://www.aegon.com
About Religare Enterprises Limited
Religare Enterprises Limited (REL) is one of India’s leading diversified financial services groups and offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management. Religare Enterprises is headquartered in New Delhi and is listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India. Religare is also building an Asia & emerging markets focused Institutional equities and Investment Banking business and a multi-boutique global asset management platform to tap the broader opportunities offered by the most promising emerging markets around the world. http://www.religare.com