Pramerica Life Insurance appoints Kalpana Sampat as the new MD & CEO
Kalpana Sampat has been appointed as the Managing Director & CEO of Pramerica Life Insurance Limited, with effect from April 09, 2021. Prior to this, she was the Chief Operating Officer for the Company.
Kalpana is one of the most influential leaders in the financial services sector in India, and her appointment at the top position is an important milestone. Currently, she is one, of the only three women CEOs in the life insurance sector in India, where the executive suite is still a male bastion.
Sunil Kumar Bansal, Chairman of Pramerica Life Insurance Limited, said, “Kalpana is a respected leader in life insurance with an exceptional record. The Board is optimistic that the company can deliver substantial strategic and operational progress under her able leadership.”
Commenting on her appointment as MD & CEO, Kalpana said, “I am honoured by our Company Board’s decision and appreciate the trust posed in me by the shareholders and the Board. Our joint venture partner ‘Prudential Financial Inc.’, is an incredible global institution with a proud history. I am excited to collaborate with all my colleagues, in writing the next chapter at Pramerica Life Insurance and am fully committed to the responsibility bestowed on me.”