Money & Banking

PNB MetLife appoints Ashish Srivastava as MD and CEO

K.R.Srivats New Delhi | Updated on January 08, 2018

PNB MetLife India Insurance has a new MD and CEO in Ashish Srivastava. He will be responsible for leading all aspects of the business in the country. Prior to this elevation, Srivastava was an interim CEO at PNB MetLife.

Srivastava had joined PNB MetLife in 2013 as the Head of HR for the India business, and moved to Dubai in 2015 joining the MetLife Middle East & Africa (MEA) management team. Effective January 2017, he has been in India managing the India business. Prior to joining PNB MetLife, Srivastava was Board member at Canara HSBC Oriental Life Insurance Company.

An industry veteran of nearly 25 years, Srivastava comes with extensive experience in multiple disciplines, including Strategy, Human Resources, Project management and operations, Infrastructure, Administration and Communications.

Chris Townsend, Chairman of the Board, PNB MetLife, said, “Ashish is a seasoned and well-respected leader who is an excellent choice to lead our team at PNB MetLife. The Board and shareholders remain confident in the performance and potential of the company and believe that the combination of PNB's extensive network and MetLife's global strategy ensure that we are well-positioned to capture the opportunities in this fast-growing market.”

Commenting on his appointment, Ashish Kumar Srivastava said, “I am delighted to have been entrusted with this responsibility and excited to take our business to greater heights. We are confident we will build on and consolidate our strengths in the market while continuing to innovate and tap new opportunities for growth.”

It maybe recalled that Tarun Chugh, the erstwhile MD & CEO of PNB MetLife, had joined Bajaj Allianz Life Insurance as its Managing Director & CEO from April 1 this year.

Published on October 09, 2017

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