Tata AIA Life Insurance Co announced the appointment of Venkatachalam H as the new CEO & MD, pending regulatory approval from IRDAI. He will succeed Naveen Tahilyani, who is transitioning to a different role within the Tata group and will also serve as a non-executive director of Tata AIA Life Insurance. Venkatachalam, or Venky, has extensive experience of over 27 years across various sectors including life insurance, asset management, and custodial services.
Venkatachalam will take over from incumbent Naveen Tahilyani, who moves to another role in Tata Group but will continue as a non-executive director of the insurance company
Multibagger stock: Zen Technologies shares opened higher at Rs 754 today against the previous close of Rs 741.40 on BSE. Market cap of the firm rose to Rs 6455 crore.
Mumbai (Maharashtra) [India], August 30 (ANI/PRNewswire): Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of the fastest-growing private life insurers has declared a bonus of Rs 861 crores for FY2022 to all eligible participating policyholders. This is the 5th consecutive year of bonus payment and exceeds the bonus paid in FY2021 by 20 per cent. All participating policies in force as of March 31, 2022, are eligible to receive this annual bonus, which will be added to the policyholders' benefits. Strong fund management capabilities coupled with robust risk management practices have enabled the Company to consistently reward participating policyholders with higher bonuses, showcasing the efficacy of participating products in helping consumers achieve their financial goals. Commenting on the occasion, Samit Upadhyay, Chief Financial Officer, Tata AIA Life, said, "At Tata AIA, the long-term financial wellbeing of our consumers is at the core of everything we do, and it is our end