On Monday, India First Life Insurance appointed Satishwar Balakrishnan as its Chief Financial Officer. He is a chartered accountant by profession. According to the sources, Satishwar has experience of around 17 years in finance, information technology and operations management in start-ups and leading life insurance companies. He is a founding member of India First Life and has performed functions within the organization.
Commenting on his new assignment, Balakrihsnan said, “India First Life Insurance is a company with tremendous capabilities, talented people and market leadership position in a growing Insurance industry. I am excited to leverage my experience within the Insurance industry and India First to steer the critical finance function and contribute to the overall sustainable and profitable growth of the company.”
Currently, India First Life Insurance is amongst the leading best life insurance companies, having covered over 10.3 million lives. It is promoted by two of India’s largest public sector banks -Bank of Baroda and Andhra Bank along with UK’s leading risk, wealth and investment company Legal & General.