IndiaFirst Life Insurance Company Ltd (IndiaFirst Life) has recently announced the appointment of Varun Gupta as President & Chief Distribution Officer (CDO) – Bancassurance and Sumeet Sahni as President & Chief Distribution Officer (CDO) – Agency & Alliances.
Rushabh Gandhi, MD & CEO of IndiaFirst Life, expressed his enthusiasm about the new additions to the leadership team, and said, “We are delighted to welcome Varun and Sumeet to our core leadership team. Their experience and expertise in building and managing robust distribution networks will be instrumental in driving our strategic growth initiatives.”
“Varun and Sumeet’s dynamism in building sustainable and value-driven business, aligns well with IndiaFirst Life’s #PeopleFirst and #CustomerFirst ideologies. I am confident that their contributions will be pivotal in our journey towards becoming a leading life insurance provider in India.” He added.
Proven Industry Leaders to Drive Growth
Varun Gupta, who joins IndiaFirst Life with over 27 years of experience, was previously associated with Max Life Insurance for more than 23 years in key leadership roles.
His extensive background in creating high-performing teams and leading large-scale distribution transformations will be crucial as he takes on the responsibility of spearheading IndiaFirst Life’s Bancassurance partnerships and fostering new relationships to build a robust distribution network.
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Sumeet Sahni brings a wealth of experience with over 26 years in the life insurance industry, having held significant positions at Aditya Birla Sun Life Insurance, ICICI Prudential Life Insurance, and Max Life Insurance.
Known for his ability to build and scale agency and partnership channels, Sumeet has a proven track record of driving business growth and leading large, diverse teams.
In his new role, Sumeet will be responsible for developing the Agency & Alliances channel at IndiaFirst Life.
About IndiaFirst Life Insurance
Headquartered in Mumbai, IndiaFirst Life Insurance Company Ltd is one of India’s youngest life insurers with a paid-up share capital of INR 754 crores. Shareholders include Bank of Baroda (65%), Union Bank of India (9%), and Carmel Point Investments India Pvt Ltd (26%), managed by Warburg Pincus LLC.
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