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Allianz Insurance Lanka Ltd. appoints Prashant Grover as its new Chief Executive Officer

Smita SinghbySmita Singh
in News, Asia, Europe, India, NORTH AMERICA, OCEANIA
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Allianz-Insurance-Lanka-Ltd-appoints Prashant-Grover-Chief Executive Officer

Allianz-Insurance-Lanka-Ltd-appoints Prashant-Grover-Chief Executive Officer

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Allianz Insurance Lanka Ltd is pleased to announce that Prashant Grover has been appointed Chief Executive Officer, effective 1st February 2024. He will also assume responsibility as Country Manager for Allianz Lanka, covering both Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd, whilst serving as the Principal Officer of the first.

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Prashant brings to his new appointment, more than two decades of invaluable experience from the Financial Services and Insurance sectors navigating diverse markets across the world. Having commenced his journey at Allianz in 2007, he has played pivotal roles in various operating entities and countries across Asia and Europe. Leading transformation for Allianz’s commercial business in Asia Pacific and retail business in Thailand, as well as guiding the entry of the Allianz brand into the Vietnamese market, have been critical to the overall strategy of Allianz in Asia. In his recent role as Regional Lead of Business Transformation, Prashant spearheaded Digital, Distribution and Organization Transformation across the insurance value chain.

Prashant Grover said, “I believe that effectively harnessing the resilience and capability within our diverse team at Allianz Lanka, as well as strength of the Allianz Group will allow us to leverage opportunities to grow our business in the Sri Lanka market. Together, we will work to deliver an unparalleled customer experience and create value for all stakeholders.”

Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd., collectively known as Allianz Lanka, are fully owned subsidiaries of Allianz SE, a global financial services provider with services predominantly in the insurance and asset management businesses, headquartered in Munich, Germany. The global strength and solid capitalisation of the Allianz Group, coupled with local expertise and business know-how, have been Allianz Lanka’s powerful formula for success. With a legacy of excellence and a commitment to innovation, Allianz Lanka serves the diverse needs of its customers, nurturing a secure and prosperous future.

Tags: Allianz global insurance strategyAllianz Insurance transformationAllianz LankaAllianz Lanka new CEOappointmentCEO AppointmentInsurance leadership appointmentLeadership AppointmentPrashant Grover
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Matthew Breitfelder is Partner and Global Head of Human Capital at Apollo, where he focuses on attracting extraordinary talent to the firm and creating an innovative, inclusive, high-performance culture that brings out the best in Apollo’s people. Matt leads Apollo’s recruiting, talent management, compensation, succession planning, citizenship, employee relations, development, and culture work. He is also a member of the firm’s Leadership Team. Matt is committed to expanding opportunities across Apollo’s workplace, marketplace, and communities. Prior to joining Apollo, Matt was Chief Talent Officer at BlackRock as well as a member of the Operating Committee. Previously, he held strategy, talent, and innovation roles at Mastercard, PwC, and CEB/Gartner.

Matt holds a BA in Economics from the University of Southern California, an MSc from the London School of Economics, and an MBA from Harvard Business School. He currently serves on the boards of the Lumina Foundation, the Aspen Institute’s Business and Society program, the Milken Institute’s Inclusive Capitalism initiative, and Georgetown University’s initiative on AI, Analytics, and the Future of Work. He is the co-author of numerous Harvard Business School case studies and articles on leadership. Matt has been recognized as a Top Global CHRO multiple times by n2Growth and Stanford Business School.

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