Allianz appoints Ritu Arora as Country Head of India

Allianz has announced the appointment of Ritu Arora as the Country Head of India, with immediate effect. Previously, Arora served as the CEO & CIO of Allianz Investment Management in Asia Pacific, as well as India Advisor to the Allianz SE Board. In her new role, Ritu will advance Allianz's long-term growth ambitions for India.

As CIO of Asia, Arora oversaw the Investment Management function spanning 12 countries and 21 operating entities, managing one of the region's largest AUM portfolios of approximately USD 50 billion. She played a key role in channelling significant investments into Indian public markets and diverse private asset classes.

Commenting on her new role, Ritu Arora, Country Head of India for Allianz, says:

"I am honoured to lead Allianz into its next phase of growth in India. The country's strong economic progress, rising financial participation, and national vision of 'Insurance for All by 2047' presents a powerful opportunity to enhance financial resilience and security for millions of people. We are deeply invested in India's long-term growth. Allianz has been protecting the futures of millions of customers worldwide since its foundation in 1890, and I believe the combination of our global heritage and expertise combined with our local understanding and knowledge of the Indian market will ensure we can create sustainable value for individuals, communities, and businesses across the country."

Prior to joining Allianz, Arora held leadership roles at several leading financial institutions and has been associated with India's insurance industry since its deregulation in 2003. She was a founding member of PNB MetLife Insurance and Canara HSBC Insurance companies.