Future Generali India Life Insurance Company Ltd. has appointed Alok Rungta as Head of Business Transformation & Chief Financial Officer.
In his new role, Alok is responsible for leading the finance, administration, procurement and business transformation functions.
A qualified chartered accountant, Alok is a veteran in the insurance and financial services industry. He brings over 25 years of work experience and has previously worked with leading life insurance companies.
He has worked extensively across India, Hong Kong, and the Philippines and has been instrumental in transforming customer acquisition, engagement using product, innovation, sales innovation, and digital enablement.
He has previously led multi-cross-functional teams while working with leading insurance brands across Asia and had held several roles including financial controller and CFO, transformation lead, head of technology, and project management.
Bruce de Broize, Managing Director & CEO, Future Generali India Life Insurance said, “Alok’s strong background within the insurance sector will help drive forward strategic plans and deliver long-term value to all our stakeholders, including customers, partners, and employees. With his extensive and rich global experience, we are confident that Alok will strengthen our position of becoming a leading, life insurance company and a lifetime partner to our stakeholders.”
“With these changing times, leading the business transformation and finance vertical will allow me to manage and identify areas of growth within and implement processes to accelerate performance. The role of finance has become even more strategic, and I look forward to working closely with the entire team at Future Generali India Life Insurance. The life insurance industry in India is at a strategic juncture and brimming with growth opportunities, and I look forward to contributing towards its journey of expansion and profitability,” said Alok.