Pramerica Life Insurance Limited has appointed Kalpana Sampat as its Managing Director & CEO, with effect from April 09, 2021.
Prior to this appointment, she was the Chief Operating Officer for the Company.
Sampat is a seasoned business leader with more than three and a half decades of profound experience in financial services sector.
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.”
On her appointment, Sampat 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.”
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