Pramerica Life Insurance Limited announced the appointment of Pankaj Gupta as its Managing Director and Chief Executive Officer, according to PTI report.
The appointment has been approved by the Insurance Regulatory and Development Authority of India (IRDAI) and the board of Pramerica Life Insurance, according to a statement.
Gupta joins Pramerica Life Insurance from HDFC Life, where he was Group Head – Distribution Strategy and Alliances and was part of HDFC Life’s top leadership team.
He has around 27 years of experience in financial services across distribution, marketing, operations and technology and digital transformation.
Pramerica Life Insurance is a joint venture between DHFL Investments Limited, a wholly-owned subsidiary of Piramal Capital and Housing Finance Limited and US-based Prudential International Insurance Holdings.