Monday, January 14, 2013

Reliance Life Insurance appoints Anup Rau as new CEO

The Board of Directors of Reliance Life Insurance Company (RLIC), a part of Reliance CapitalBSE 3.18 % Limited, today announced the appointment of Mr Anup Rau as the new CEO of the company, subject to IRDA approval.

Rau succeeds Malay Ghosh, President and Executive Director, Reliance Life Insurance.

"Mr Malay Ghosh has played a pivotal role in building the company in challenging times. He also played a key role in forging our relationship with Nippon Life Insurance, the largest private life insurer in Japan, as a strategic partner in the company. He will continue to guide the company as a member on the Board," said Sam Ghosh, CEO, Reliance Capital.

"I am happy to announce the appointment of Anup Rau as the new CEO of Reliance Life Insurance with immediate effect. Rau has extensive experience in the Indian Life Insurance industry and we look to strengthen our leadership position in the life insurance business with him at the helm", added Ghosh. Rau will also be on the Board of Reliance Life Insurance.

Anup Rau, aged 39 years, joins Reliance Life Insurance from HDFC Life Insurance and brings with him over 17 years of industry experience. As the Head of Sales and Distribution in HDFC Life he was responsible for managing Sales Commercials, Distribution Operations and Sales Support.

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