DHFL Pramerica Life Insurance Co. Ltd. (DPLI) has announced the appointment of Anoop Pabby as the new Managing Director & CEO of the Company.
Pabby has over 25 years of experience in the retail financial services sector including as Managing Director & CEO of Deutsche Postbank Home Finance Ltd. and President - Strategic Initiatives at Dewan Housing Finance Corporation Ltd. He has also held several senior management positions at Cholamandalam MS General Insurance Company Ltd. and Royal Sundaram Alliance Insurance Co. Ltd. He has vast operational and strategic experience in leading turn around challenges as well as successfully closing complex M&A transactions and subsequent integration exercises.
Commenting on his appointment, Pabby said, “I am excited about leading DHFL Pramerica. DPLI has been built on a strong foundation over the last 5 years and my intent is to take it from where it currently is, to a position where it is acknowledged as a strong and trusted player in the industry. Our focus will be on designing innovative products that best meet our customers’ needs, along with offering them high quality of advice and efficient service delivery. This I believe will help us become the preferred life insurance partner for our customers and distributors.”
Pabby took charge as DPLI’s CEO Officiating in February this year and under his leadership, the Company has accelerated its performance over the last two months. It has reported a significant growth in premium collection and has also improved its industry ranking.
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