Mumbai, Maharashtra, India, August 21, 2024 — PNB MetLife, one of India’s leading life insurance companies, announced key leadership appointments to strengthen its strategic capabilities and enhance its dedicated focus on customers and partners.
Sudeep PB has been appointed as Chief Distribution Officer – Proprietorship (Agency & PSF) and PNB, in which he will not only continue to lead and drive our growing Agency business but also give dedicated focus to enhance and drive business and productivity through our co-promoter, PNB.
Mohit Bahuguna has been appointed as Chief Distribution Officer – Banca Retail, Partnerships, Group, Alternate and Business Development, to further develop and enhance our relationships with key bancassurance partners and the partnership distribution channel.
Mohit Garg has been appointed as Chief Strategy Officer, in addition to his role as Head – Products. The new combined position will enable greater impact on product innovation to expand our market leadership and enhance efficiencies and also drive transformational projects for the Company.
These appointments reflect the deep understanding and expertise of our people, and further our ambition to be the partner of choice, providing the right interactions and products to help our customers Milke Aage Life Badhaein.
Sameer Bansal, Managing Director and Chief Executive Officer of PNB MetLife, said the appointments, which took effect August 1, 2024, reflect the company’s ongoing commitment to better serve customers and partners.
“These strategic appointments are pivotal to enhancing our distribution network and market presence. Our deep bench strength gives us the ability to promote talent from within, leveraging their extensive knowledge of our customers and our core strengths. This approach strengthens our market position, enhances our brand, and powers the delivery of our promises to stakeholders.”
About PNB MetLife India Insurance Company Limited:
PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India that combines the financial strength of MetLife, Inc. with the credibility of PNB, one of the India’s oldest nationalized banks. PNB MetLife’s purpose, Milkar Life Aage Badhaein, is demonstrated through its customer-centric innovations and employee empowerment practices.
With a strong presence in 150 branches and access to customers in over 18,600 locations (as of March 31, 2024) through bank partnerships, PNB MetLife offers a comprehensive product portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement. The Company has a wide range of protection and retirement products available through its sales channel of over 19,500 financial advisors and multiple bank partners and caters to over 590+ group relationships in India.
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