CHENNAI: Ms. Kalpana Sampat, a seasoned business chief with more than three and a half decades of profound experience, has been appointed as the Managing Director & CEO of Pramerica Life Insurance Limited, with effect from April 09, 2021. Prior to this appointment, she was the Chief Operating Officer for the Company.

Ms. Kalpana Sampat is one of the most influential leaders in the financial services sector in India, and her appointment at the top position is a significant landmark. Currently, she is one, of the only three women CEOs in the life insurance sector in India, where the executive suite is still a male bastion.

On her appointment, Ms. Sampat said, “I am honoured by our Company Board’s decision and appreciate the trust posed in me by the shareholders and the Board. Our joint venture partner ‘Prudential Financial Inc.’, is an incredible global institution with a proud history. I am excited to collaborate with all my colleagues, in writing the next chapter at Pramerica Life Insurance and am fully committed to the responsibility bestowed on me.”

"Kalpana is a respected leader in life insurance with an exceptional record. The Board is optimistic that the company can deliver substantial strategic and operational progress under her able leadership," Sunil Kumar Bansal, Chairman said.

Prior to joining Pramerica Life Insurance, Sampat was the CEO for Swiss Reinsurance Co., India branch, and was instrumental in its launch in 2015.

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