Tata AIA Life Insurance Company Limited, one of India’s fastest growing life insurance companies, announced that its Board has appointed Venkatachalam H. as the new Chief Executive Officer & Managing Director, subject to regulatory approval from IRDAI. Venkatachalam H. will take over from current Chief Executive Officer and Managing Director, Naveen Tahilyani who moves to another role in the Tata Group and has been elevated as a Non-Executive Director of Tata AIA Life Insurance Company Ltd.
Venkatachalam H, with over 27 years of experience in Life Insurance, Asset Management, and Custodial Services, has led initiatives in marketing, strategy, analytics, and direct digital business. He joined Tata AIA in 2016 and has been President and Chief Distribution Officer in his previous role.
Naveen, a visionary leader, has transformed Tata AIA into a market-leading and digitally enabled multi-channel business. Under his leadership, Tata AIA has consistently outperformed the market, with VONB increasing by three and a half times between 2018 and 2022. Under his leadership, Tata AIA has risen to become the third company on retail weighted new business premium and ranked first in retail sum assured among private sector life insurers.
