• Vighnesh-Shahane

    Vighnesh Shahane

    CEO & Whole – Time Director

    Vighnesh Shahane

    CEO & Whole – Time Director

    Vighnesh is a complete people’s person - you are more likely to see him at various employee workstations in the head office getting a first-hand update on business challenges and opportunities, than working in the confine of his cabin. This informal and passionate management style has evolved from his sportsman spirit, having played Ranji Trophy for Mumbai for 3 years. He is also a passionate long-distance runner who has completed marathons in Mumbai and Dubai.

    Vighnesh believes that sports help inculcate core values like integrity, dedication and accountability, in addition to effecting physical and mental fitness. This conviction has led him to steer the company’s corporate social responsibility program to contribute immensely towards the country’s sports framework. However, his philanthropic vision also extends to areas of healthcare and urban development.

    A post-graduate from Narsee Monjee Institute of Management Studies, Mumbai; Vighnesh brings with him over 20 years of experience in consumer banking and life insurance, across diverse geographies, varied markets and multiple customer segments. He has worked with well-known financial services organisations like ANZ Grindlays and Standard Chartered Bank in India, and Mashreq Bank in the UAE.

    Vighnesh is committed to the growth and advancement of the life insurance industry and works tirelessly with other life insurance players and the regulator in their deliberations on implementation of various guidelines and regulations. He is also a key member and speaker at prominent industry platforms like CII, ASSOCHAM and FICCI.

  • Aneesh Srivastava

    Aneesh Srivastava

    Chief Investment Officer

    Aneesh Srivastava

    Chief Investment Officer

    Aneesh shoulders responsibility for the investment strategy of the overall Company corpus with total assets under management of ` 4,893 crores as on March 31, 2016. Aneesh has a fund management career spanning over 22 years wherein he has worked with established organisations like Bajaj Allianz Life Insurance and India Capital. During his tenure at Bajaj Allianz as Head, Equity Investments, the company funds consistently outperformed the markets and ballooned to a whopping ` 3,000 crore from INR 400 crores. Same was the performance story when he was heading India Capital – a London Stock Exchange listed India-dedicated European fund.

    Aneesh’s professional ride also talks of experience in the investment banking sector, besides setting up and actively managing corporate equity and derivative desks. Aneesh is an MBA from Lucknow University and a rank-holder Certified Financial Analyst (CFA) from ICFAI, Hyderabad. Reading and travelling are his pastime favourites.

  • Arvind Shahi

    Arvind Shahi

    Chief Risk Officer

    Arvind Shahi

    Chief Risk Officer

    In the life insurance industry, where safeguarding customer interest is of utmost importance, Arvind Shahi shoulders responsibility for the crucial task of developing and maintaining comprehensive risk management policy, governance framework and guidelines for the Company. The tougher aspect of his role is that on one hand he is a part of the management committee that strategises to grow the business; and on the other hand he needs to ensure that this growth is risk-free and does not land the Company in jeopardy.

    Arvind Shahi is a Risk Management professional whose career spans over 25 years with core experience in Market Risk Management, Asset Liability Management and Operational Risk Management. Arvind has worked with well-known organisations like HDFC Bank, IDBI Bank and Union Bank of India. He has been instrumental in implementing Asset Liability Management Process in banks and establishing Financial Control Processes for Derivatives and Foreign Exchange Trading and Proprietary Books.

    Arvind holds a B.Sc. Degree in Physics from the University of Calcutta and is an associate of ICWA from Institute of Cost and Works Accountants of India, Calcutta. He holds the honour of being awarded a certificate of merit as National Scholar, 1984-85 by ICWA. In his free time, apart from reading, he also enjoys cooking and experimenting different cuisines.

  • Ashley Kennedy

    Ashley Kennedy

    Executive Vice President - Business Development, Group Sales and e-Business

    Ashley Kennedy

    Executive Vice President - Business Development, Group Sales and e-Business

    Ashley Kennedy took over the role of Chief Distribution Officer for the fast growing East and North India markets in 2015, after a successful stint as Chief Agency Officer. In his current role, he is responsible for maximising sales and distribution through bank partners, proprietary agency channel and alternate channels.

    Ashley comes with a 30-year experience in sales and administration, having held senior management posts in premier organisations like Reliance Life Insurance and Life Insurance Corporation of India.

    A magician with words, he is a complete people’s person and this is what makes him a success with his team; correspondingly driving them to achieve sales goals and targets. Work is passion for Ashley, while photography and listening to western and country music are his free time favourites

  • Dr. Ajay Oberoi

    Dr. Ajay Oberoi

    Chief People Officer & Head L&D, Admin

    Dr. Ajay Oberoi

    Chief People Officer & Head L&D, Admin

    Any industry thrives on human talent; and Dr. Ajay Oberoi is the driving force behind our diverse and capable workforce, guiding them for a future-ready stance. Ajay has been the backbone of transformational HR practices at IDBI Federal Life Insurance, and Vighnesh’s key ally in developing the company as an employer of choice.

    Ajay comes with over 35 years of notable professional experience across diverse sectors like BFSI, ITES, Education, Automobile, and Construction Equipment Industries. He began his career with Godrej & Boyce, and over the years held leadership roles in HR, Sales, Products, Marketing & Manufacturing with companies like Tata Motors and Aptech Limited. He is a recipient of ‘50 Most Talented Global HR Leaders in Asia’ citation by CHRO Asia and has also received Lokmat HR Leadership Award. Ajay is an engineer from VJTI, Mumbai, and has done a Ph.D. in ‘Performance Management for Knowledge Workers’ from BITS-Pilani. Ajay has also received an award at the prestigious International Commerce & Management Conference organised by Mumbai University. This was for two of his research papers on the topics of ‘Strategic HRM 6C Model’ and ‘Strategic Talent Management’. Plus he also holds a Diploma in Finance Management from Mumbai University.

    Ajay is a keen follower of Japanese management technologies and has been implementing world class organisational practices in the company. He also believes that there is an Indian way of doing business that will help us further leverage our cultural diversity, age-old traditions and ethos of India. For this Ajay has been delving into the vast sea of Indian mythology searching for proven administration techniques. And this has now translated into a passion for him.

  • Ganesa Ratnam

    Ganesa Ratnam

    Chief Distribution Officer – North & South

    Ganesa Ratnam

    Chief Distribution Officer – North & South

    Ganesa spearheads the Sales and Distribution for South for all channels at IDBI Federal. Ganesa comes with over 20 years of extensive experience in retail banking and insurance sectors. Ganesa’s pre-IDBI Federal resume boasts of extremely successful stints with top organisations like Wipro, ICICI Bank, GE Capital and Reliance Life Insurance. He has held responsible posts in diverse functions like sales & distribution, marketing, retail credit and recovery.

    Ganesa is an excellent conversationalist and has admirable leadership and interpersonal skills. This is what makes him a success with his vast team of professionals that he has personally hand-picked and groomed to deliver peak performances.

    Ganesa is a Mathematics graduate and also holds a Masters degree in Business Administration (Finance) from the University of Madras. His hobbies include writing poems and reading  management books

  • Ishwar. S. Gopashetti

    Ishwar. S. Gopashetti

    Vice President - (Actuarial)

    Ishwar. S. Gopashetti

    Vice President - (Actuarial)

    Ishwar. S. Gopashetti is currently working with IDBI Federal Life Insurance Company as Vice President (Actuarial) and he is responsible for Statutory Reporting, Shareholder Reporting and Actuarial Modelling.

    Prior to joining IDBI Federal Life Insurance, Ishwar worked with three life insurance companies viz Metlife India Insurance, Bharti – AXA Life Insurance, Star Union Dai-ichi Life Insurance and also had a successful consulting stint with a big four global consulting firm Ernst and Young.

    In his career spanning over two decades in the insurance domain, he has successfully handled a wide range of responsibilities that include valuation of Life insurance and General insurance companies, actuarial reporting, strategic planning and shareholder reporting.

    Ishwar is a qualified Actuary and a Fellow of Institute and Faculty of Actuaries and also Institute of Actuaries of India.He holds an MBA in Marketing and Finance and a graduate in Industrial and Production Engineering. Ishwar is also passionate about reading and travelling.

  • Karthik Raman

    Karthik Raman

    CMO Head Products & Strategy

    Karthik Raman

    CMO Head Products & Strategy

    Karthik steers the high-intensity marketing and brand building strategy of the Company and is also responsible for the organisational strategy and product development functions. A go-getter, he remarkably handles the multiple leadership roles currently assigned to him.

    Karthik has gained over 20 years of extensive experience from working in diverse sectors like agri-finance, auto finance and life insurance. His professional past reflects names of prominent organisations like Ford Credit Kotak Mahindra Limited, ICICI Prudential Life Insurance, ABN Amro Bank and Reliance Life Insurance. His impressive journey in IDBI Federal started with him setting up and successfully driving the Bancassurance business for the Company.

    Karthik is a fitness enthusiast and is a regular marathon runner. He has participated in all marathon formats – half, full and ultra. Running is his forte, be it business or marathons, he is often seen encouraging his team for both. Karthik is a post graduate in Business Management from University of Poona.

  • Kedar Patki

    Kedar Patki

    Chief Financial Officer

    Kedar Patki

    Chief Financial Officer

    Kedar oversees areas of finance, taxation, planning and budgeting and reporting. Furthermore, he also manages investor relations, regulatory reporting and relationships with industry associations and forums.

    Kedar prides in an extensive experience of over 20 years in finance and operations, both in India and overseas markets. Of this, 15 valuable years have been spent in the insurance industry alone. Kedar has done notable work in renowned organisations like Tata AIG General Insurance, SBI Life Insurance, AXA, Bajaj Allianz General Insurance and Akzo Nobel India.

    Kedar is a commerce graduate and an Associate of the Institute of Chartered Accountants of India (ICAI). Travelling, music and a good read is what helps Kedar unwind in his time away from work.

  • Lalitha Bhatia

    Lalitha Bhatia

    Chief Operating Officer

    Lalitha Bhatia

    Chief Operating Officer

    Lalitha shoulders responsibility for operations and technology functions of the Company. She has impressively led the strategic themes and transformation initiatives of the organisation challenged by a rapidly-changing industry environment.

    Lalitha brings with her a 25-year rich experience in the Banking and Financial services industry, having done notable work in her prior organisations. She was instrumental in setting up the Central Processing Centre Operations at Kotak Mahindra Old Mutual Life Insurance. She has also had a successful stint at Stock Holding Corporation of India. She is a qualified Chartered Accountant from the Institute of Chartered Accountants of India (ICAI). An economics graduate, she also holds an MBA degree in Finance from the University of Madras. She won the TVS Lucas Endowment Gold Medal in MBA for 1st rank in the university in 1989.

    During her spare time, books and wheels are her best friends. A good read and travelling to places helps unclutter her mind and spirit in the time away from work.

  • Mahesh Keni

    Mahesh Keni

    Vice President – Internal Audit

    Mahesh Keni

    Vice President – Internal Audit

    Mahesh is the Vice President for Internal Audit function of IDBI Federal Life Insurance and comes with a well-abounding professional career of 25 years. He has conducted audits across renowned organisations like Kotak Mahindra bank, ICICI Bank and Permanent Magnets Limited. These valuable years, have inculcated in Mahesh an in-depth knowledge in the areas of internal audit, system audit and fraud investigation in the Banking and Financial Services industry.

    Mahesh is a qualified Chartered Accountant and also holds a Diploma in System Audit from the Institute of Chartered Accountants of India (ICAI). He is a member of Banking, Insurance and Pension Committee of ICAI; a member of Advisory Board of Audit Chief Executives of Western India Regional Council (WIRC) of ICAI; and a member of Association of Certified Fraud Examiners (ACFE) of USA. His hobbies include reading and researching in his area of work

  • Rajesh Ajgaonkar

    Rajesh Ajgaonkar

    Chief Compliance & Legal Officer and Company Secretary

    Rajesh Ajgaonkar

    Chief Compliance & Legal Officer and Company Secretary

    Rajesh is the Chief Compliance & Legal Officer and Company Secretary for IDBI Federal Life Insurance. He comes with over 25 years of experience across diverse sectors like insurance, asset management and broking. His resume boasts of important roles essayed in established organisations like ASK Group, Birla Sun Life Asset Management, IDBI Capital Market Services, Tata Engineering & Locomotive Company and Life Insurance Corporation of India.

    Rajesh is a commerce post-graduate, a qualified Cost Accountant from Institute of Cost Accountants of India (AICWA), a certified Company Secretary from Institute of Company Secretaries of India, and holds a Bachelor degree in Law from Mumbai University.

    Rajesh is an avid reader and music enthusiast but writing is what engages him most in his spare time. A Maharashtrian at heart, he has contributed tremendously to Marathi literature by translating several global bestselling books in the language. He is also a regular columnist with regional newspapers. Rajesh is socially active too, as a member of Education Society Trust imparting education to more than 5,000 students in Mumbai.

  • Shivank Chandra

    Shivank Chandra

    Appointed Actuary

    Shivank Chandra

    Appointed Actuary

    Shivank Chandra steers the Appointed Actuary function at IDBI Federal Life Insurance. In his illustrious career spanning more than a decade, Shivank has had the distinction of having served at various positions at premier insurance companies, both in India and abroad. He has done notable work for organisations like Exide Life, Aviva Life Insurance, AXA Business Services in India and for Lloyds Banking Group – Scottish Widows Life in the UK. He has handled multiple roles in the Actuarial Department at these places and has inculcated an in-depth knowledge in the Valuation, Reporting and Product Development.

    He is a Fellow Member of the Institute of Actuaries (UK) and Institute of Actuaries of India. A graduate in Statistics and a post-graduate in Actuarial Science, Shivank also has a creative and adventurous side to him. Watching good movies and travelling around the world are experiences that he enjoys immensely.

  • Sivaram Maganty

    Sivaram Maganty

    Head Bancassurance (West & East)

    Sivaram Maganty

    Head Bancassurance (West & East)

    Sivaram Maganty spearheads the Bancassurance (West & East) channel at IDBI Federal Life Insurance. Additionally, he has also been instrumental in managing IDBI Bank’s relationship nationally. His professional career spans across two decades covering areas of Sales, both in the BFSI and telecom sector.

    Prior to his current responsibilities, Sivaram has headed the relationship vertical for a prestigious client at Fino Paytech Ltd. with P&L ownership. In his illustrious career, he has also held marquee positions at other leading insurance providers. His past responsibilities include crafting strategy and execution of projects, delivering on top and bottom line objectives, exploring new sales opportunities and collections, amongst others. His expertise includes building new lines of business, key account management, strategy planning and process improvements.

    Academically, he holds an M.Sc in Chemistry and a Masters of Management Studies from Birla Institute of Technology & Science. During his leisure time, Sivaram enjoys reading novels, especially biographies of sports persons and business magnates.

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