Mumbai, Maharashtra, India, June 2026 – Ageas Federal Life Insurance (AFLI) elevates Amitava Panigrahi as National Head – Bancassurance, a strategic leadership appointment that underscores the company’s commitment to nurturing internal talent and strengthening its bancassurance business.
Amitava has been instrumental in driving AFLI’s bancassurance distribution strategy and strengthening key partnerships, contributing significantly to the company’s growth and transformation journey. With over 26 years of experience across Banking, Financial Services, and Fintech, he brings extensive expertise in business growth, P&L management, sales and distribution excellence, bancassurance partnerships, digital transformation, and strategic leadership across India and GCC markets.
Over the course of his career, Amitava has successfully built and scaled high-performing businesses, led large-scale transformations, and developed multi-channel distribution ecosystems. His strong track record in driving sustainable growth and fostering strategic partnerships positions him well to lead AFLI’s bancassurance business in its next phase of growth.
In his new role, Amitava will focus on strengthening bancassurance partnerships, enhancing distribution capabilities, and driving customer-centric growth initiatives. His elevation further strengthens AFLI’s leadership team as the company continues to expand its market presence and deepen customer trust.
About Ageas Federal Life Insurance
Ageas Federal Life Insurance is a leading life insurance company committed to helping customers protect their financial future through innovative insurance and long-term financial planning solutions. Guided by its purpose of making “Har Wada Mumkin,” the company focuses on transforming promises into possibilities through protection, partnership, and purpose.
The organization combines global insurance expertise with strong local market understanding to deliver customer-centric products and services. Through continuous innovation, customer engagement, and a people-first culture, Ageas Federal Life Insurance continues to strengthen its position as a trusted partner in helping individuals and families achieve financial security and confidence.
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