Mumbai, Maharashtra, India, July 2025 — Mayank Mehta has been appointed as the Chief Information Security Officer (CISO) at Magma General Insurance Limited, reinforcing the company’s commitment to building a secure and resilient digital ecosystem. With over 15 years of experience in information security, governance, risk, and compliance, Mayank brings a wealth of knowledge in designing and executing cybersecurity strategies across diverse sectors.
Before joining Magma General Insurance, Mayank served as Chief Information Security Officer at Bajaj Allianz Life Insurance, where he played a pivotal role in strengthening the company’s cyber resilience, driving security posture improvements across systems, and leading key initiatives around governance, risk management, and regulatory compliance.
Earlier in his career, he served as AGM and Head of Information Security at Summit Digitel Infrastructure Private Limited, where he led strategic efforts to mitigate cyber risks within telecom infrastructure. Prior to that, Mayank was Head of Information Security at Axis Finance Limited, where he was responsible for developing and maintaining the enterprise information security framework in alignment with business goals.
Mayank also held leadership positions at Accelya Group (Farelogix) and Fullerton India Credit Company Ltd., where he led IT governance and compliance initiatives. His foundational experience at Netmagic Solutions (An NTT Communications Company), Travelex India, IBM India (NetConnect), and Tech Talk Solutions contributed to his deep expertise in ISO 27001 implementations, SIEM operations, vulnerability assessments, and business continuity planning.
As CISO at Magma General Insurance, Mayank will oversee enterprise-wide information security and risk strategies, aiming to enhance threat detection, response, and overall security maturity in line with industry best practices.
Magma General Insurance Limited
Magma General Insurance Limited is a leading general insurance company backed by Sanoti Properties LLP, a venture jointly held by Adar Poonawalla (90%) and Rising Sun Holdings Pvt. Ltd. (10%), with a controlling stake of 72.449%. The company offers over 70 products across segments like motor, health, personal accident, home, fire, engineering, marine, and liability insurance. Known for its agile service and broad product suite, Magma General Insurance continues to drive innovation and excellence in risk protection across India.
Read Also : When HR “Produces Nothing”: A Response to Jennifer Sey’s Anti-HR Vision
The Fine Balance: Navigating Work, Life, and Mental Wellbeing
Mind the Leadership Gap – From Learning to Real-World Impact
How the Adecco Group is empowering its employees for the future of work
