India’s reinsurance landscape has entered a new phase with the formal launch of Allianz Jio Reinsurance, marking a strategic convergence of global underwriting depth and domestic financial scale. The joint venture between Allianz Group and Jio Financial Services commenced operations on 26 March, following regulatory approval from Insurance Regulatory and Development Authority of India. Sonia…
DBS Bank has appointed Prakash Jaiswal as Managing Director and India Head of SME Banking, effective March 2026. Based in Mumbai, he will lead the bank’s strategy to expand and deepen its small and medium enterprise (SME) franchise in one of its key growth markets. In this role, He will be responsible for driving business…
In a strategic move underscoring the growing importance of cybersecurity in financial services, Tata AIG has appointed Amit Bhargava as its Chief Information Security Officer (CISO). The appointment reflects the insurer’s continued focus on strengthening cyber resilience, enhancing risk management frameworks, and securing its digital transformation journey. Amit Bhargava brings with him extensive experience in…
Citi India has announced the appointment of Arunabh Singh as its Chief Compliance Officer (CCO), reinforcing its focus on strengthening governance, regulatory alignment and enterprise-wide compliance frameworks in one of its key growth markets. In his new role, He will oversee the design, implementation and management of Citi’s Compliance Program across all its legal entities…
HDFC ERGO General Insurance has announced the elevation of Parthanil Ghosh as Managing Director and Chief Executive Officer. The decision was approved by the company’s Board of Directors and will come into effect from April 16, 2026, subject to approvals from the Insurance Regulatory and Development Authority of India and other regulatory requirements. Ghosh will…
Asset Reconstruction Company (India) Limited (ARCIL), one of the country’s pioneering institutions in the stressed asset resolution space, has appointed Phanindranath Kakarla as its Chief Executive Officer and Managing Director with effect from March 9, 2026. The leadership change follows the completion of the tenure of Pallav Mohapatra, who steps down as part of the…
DBS Bank has appointed Gaurav Rajput as Managing Director and Head of Group Marketing and Communications for India, strengthening its leadership team as the bank continues to deepen its brand presence and expand its franchise in one of its key growth markets. In this role, He will be responsible for shaping and executing the bank’s…
Bandhan AMC Limited has strengthened its technology leadership with the appointment of Mayur Vasa as Chief Technology Officer, signalling a sharper focus on digital scale, platform resilience and investor-centric innovation. In his new role, Vasa will steer the company’s enterprise-wide technology roadmap, modernise digital infrastructure and build scalable platforms aligned to business expansion and evolving…
Jio Financial Services has elevated Sandeep Khetan to the role of Group Chief Risk Officer, reinforcing its focus on enterprise-wide risk oversight as the company expands across lending, insurance and payments. The appointment, approved by the Board for a five-year term effective March 23, follows recommendations from the Nomination and Remuneration Committee as well as…
Guwahati-headquartered Slice Small Finance Bank has appointed its founder Rajan Bajaj as Managing Director and Chief Executive Officer, following approvals from shareholders and the Reserve Bank of India. The appointment formalises a leadership shift at the lender formed in 2024 through the merger of Bengaluru-based fintech Slice and Northeast Small Finance Bank. Prior to the…
