Bajaj Allianz makes top level changes and maintains continuity
26 September 2007
Mumbai: Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance companies have announced top-level changes effective from 1 Occtober 2007, while maintaining leadership continuity in both the companies. The changes are:
- Kamesh Goyal, CEO, Bajaj Allianz General Insurance, is being elevated to country manager of Allianz companies in India and is also the new CEO of Bajaj Allianz Life Insurance
- Swaraj Krishnan who was general manager will be the new CEO of Bajaj Allianz General Insurance
- Sam Ghosh, who was country manager and CEO of Bajaj Allianz Life Insurance, will be the regional CEO of Allianz Middle East, a new region being created by Allianz
"We are happy that Allianz is picking up Indian talent for their global operations," said Rahul Bajaj, chairman of both the companies. "Sam and Kamesh were instrumental in steering the respective companies to the leadership position in India. I am sure that Sam''s successful stint in India will keep him in good stead in handling his new role. Since both the new CEOs have been with us since inception, I am confident that they would achieve the growth targets and sustain the leadership position."
has established Middle East as its third major growth region, besides Asia Pacific
and New Europe. The regional unit will assemble Allianz'' entities in Bahrain,
Egypt, India, Jordan, Lebanon, Pakistan, Saudi Arabia, and Sri Lanka.