Top Story

e4m_logo.png

Home >> Advertising >> Article

Bharti AXA GI appoints Deepak Iyer as CEO and MD

14-May-2015
Font Size   16
Bharti AXA GI appoints Deepak Iyer as CEO and MD

Bharti AXA General Insurance (GI) Company Ltd has announced the appointment of Deepak Iyer (currently the Managing Director – Indian subcontinent at Wrigley India Pvt Ltd subsidiary of Mars Inc) as its new Chief Executive Officer and Managing Director.

Deepak is expected to come on board by end June 2015 and will take charge from Milind Chalisgaonkar, Interim CEO and MD after receipt of regulatory approvals by the company.

Deepak brings with him 22 years of diverse experience across various aspects of management, sales, marketing, P & L management, operational turnaround, research and development and franchise management across different countries. Prior to his association with Wrigley, he has worked with PepsiCo Inc for 16 years handling multiple international assignments including holding the posts of Senior Franchise Director – Africa, General Manager – North & East India (including Bangladesh, Nepal and Sri Lanka) and Director – Sales for Modern Trade/ Foodservice/ Leisure/ Travel & Transport channels of the company.

Commenting on the appointment, Gaelle Olivier, CEO, General Insurance, AXA Asia, said, “I am very pleased to welcome on board Deepak as the Chief Executive Officer and Managing Director of Bharti AXA General Insurance. I am confident that Deepak will successfully leverage his Fast Moving Consumer Goods experience to drive the transformation of our business towards superior customer experience, to develop a solid team and to build innovative solutions to better protect our customers. This appointment comes at a great time for the company, with AXA reaffirming its commitment to the Indian market, following the changes in the foreign direct investment ordinance.

“After only seven years since it was established, Bharti AXA General Insurance has already built a strong positioning in the Indian market and I am confident that Deepak’s leadership capabilities, customer focused mind-set and well-rounded experience will successfully drive the company towards its next stage of development and notably establish Bharti AXA as one of the leading insurance companies in India.”

She further said, “I would like to extend my gratitude to Milind for taking on the role of interim CEO and MD since September 2014 and steering Bharti AXA GI towards its successful development in the industry.  He has been a strong asset to Bharti AXA GI and to AXA Asia during his tenure.”

Manoj Kohli, Managing Director, Bharti Enterprises on this development said, “As Bharti AXA General Insurance enters the next phase of its growth journey, we are delighted to have Deepak onboard. I am confident that with his rich and diverse experience across industries, Deepak will add immense value and help the Company achieve its vision. We wish him the very best for his new role.”

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In terms of affiliates, India ranks on the top. Spurred by the fast growth of mobile users and hence internet users, there are millions of websites, apps, WAP-sites and blogs using affiliate marketing...

Insecurity in the workplace due to the idea of AI encroaching on your job, or being sidelined at work because of your small town background? Sandeep Goyal has the right answers to help you deal with w...

As National Sales Head at News18.com, Ashish aims to bring on board a maximum number of advertising partners and consolidate the network’s position as a leader in the space.