IndiaFirst Life Insurance names Rushabh Gandhi as MD & CEO

16 May 2024 , 11:05 AM

The board of IndiaFirst Life Insurance has approved the promotion of Rushabh Gandhi, deputy chief executive officer, to MD and CEO.

Gandhi will serve a five-year term that begins on July 1 or when regulatory approvals are received, whichever is later.

He will succeed R.M. Vishakha, the managing director and CEO, who will retire on June 30.

Gandhi’s appointment is subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI), the company’s shareholders, and other statutory clearances.

According to IndiaFirst Life, Gandhi’s appointment represents a new chapter for the company and is ideally aligned with its succession strategy.

Rushabh Gandhi, who has worked with R.M. Vishakha since 2015, adds a plethora of experience to IndiaFirst Life in driving growth and profitability. This experience is complimented by his strategic vision, which is consistent with IndiaFirst Life’s basic beliefs, the business stated.

Gandhi, who has over 29 years of expertise in both Indian and international markets, is one of IndiaFirst Life’s primary drivers. He graduated from Narsee Monjee Institute of Management Studies (NMIMS) and INSEAD in Fontainebleau, France.

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