HDFC Life, one of India’s leading life insurers, is delighted to announce its recognition as ‘Next Leader’ in the Indian Corporate Governance assessment conducted by Institutional Investor Advisory Services (IiAS) as of 31st December 2024. This is a testament to the Company’s unwavering commitment to transparency, accountability, and exemplary governance practices.
As HDFC Life enters the 25th year of its journey, this recognition comes as an acknowledgement of the Company’s superior standards of Corporate Governance. This is the fourth consecutive year that HDFC Life has been featured as part of this prestigious list which is an outcome of the annual assessment of the BSE 100 companies based on the Indian Corporate Governance Scorecard framework.
This scorecard framework developed jointly by IFC, BSE, and IiAS is based on the G20/OECD Principles of Corporate Governance and has been in use since 2015.
Speaking on this, Narendra Gangan – General Counsel, Chief Compliance Officer & Company Secretary – HDFC Life, said “We are delighted to be a part of this esteemed list. For us at HDFC Life, ensuring adherence to the highest standards of Corporate Governance is a way of life. We endeavour to stay true to our commitment towards all aspects of Environment, Social and Governance (ESG). We humbly accept this recognition as we continue our journey of securing lives of Indian citizens and work towards achieving the industry’s collective goal of ‘Insurance for All by 2047.”
About HDFC Life
Founded in 2000, HDFC Life Insurance Company Limited (‘HDFC Life’ or the ‘Company’) is a leading provider of long-term life insurance solutions in India. It offers a broad range of individual and group plans across the Protection, Pension, Savings, Investment, Annuity, and Health categories, with a portfolio of products and optional riders designed to meet the diverse needs of its customers.
HDFC Life is a subsidiary of HDFC Bank Limited, one of India’s leading private banks. The Company has a nationwide presence, operating through its own branches and a network of over 300 distribution partners, including banks, NBFCs, MFIs, SFBs, brokers, and emerging ecosystem partners. HDFC Life also maintains a strong base of financial consultants.
Recognised as a great place to work, HDFC Life is deeply committed to governance and sustainability, ensuring responsible business practices that align with its long-term objectives.
For more information, visit www.hdfclife.com or follow us on Facebook, X (formerly Twitter), YouTube, and LinkedIn.
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