Bharti Enterprises, one of India’s leading business groups, on Tuesday said it has appointed Soumen (Sam) Ghosh as Managing Director – Financial Services.

In his new role, he will build strategic business value proposition for Bharti’s financial services businesses. Ghosh will be responsible for further strengthening the management processes, business expansion and governance of these businesses, it said.

Prior to joining Bharti, Ghosh was heading the Financial Services business at Reliance Capital as Executive Director and Group Chief Executive Officer across a variety of business lines like insurance, mutual funds, commercial and housing finance, broking and distribution.

“As we renew our focus and chart the next phase of growth for our financial services business, I am confident that Sam’s rich and diverse experience in the sector will add immense value to the entire line of businesses,” Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises, said.

Ghosh comes with a successful career spanning over 35 years, of which the last 28 are in the Insurance sector across Asia-Pacific and West Asian region. He is known as one of the pioneers of the insurance industry ever since the sector was opened up for participation of private players.

He was at the forefront of setting up the Life and General Insurance business for Allianz, not just in India but the whole of South-East Asia. Sam was the Regional CEO of Middle East and India Sub Continent region of Allianz before which he was the CEO of Bajaj Allianz Life and General Insurance and also set up operations for Allianz in South East Asia.

Prior to joining Allianz, Ghosh spent 10 years in Australia in various senior roles with Allianz - from CFO to managing subsidiary companies as well as setting up operations in the Pacific Rim.

He is a Chartered Accountant from England and a Mechanical Engineer.

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