Policybazaar, an insurance brokerage firm, has appointed CEO Sarbvir Singh as the Executive Director and Joint Group Chief Executive Officer of PB Fintech for the next five years.

PB Fintech announced, 'Sarbvir Singh, a non-executive director of the company, has been appointed as the Executive Director and designated Joint Group Chief Executive Officer of the company, effective from August 26, 2023, subject to the approval of members in the upcoming annual general meeting.

Sarbvir, previously a Non-Executive Director of the insurance firm, has also served as the President of its subsidiary, Policybazaar Insurance Brokers. Taking on his new role, he brings with him over 20 years of experience gained from significant leadership positions across the industry. His expertise in corporate leadership, venture capital, and investments in public markets drive the insurance broker platform towards ongoing success and innovation.

In the past, he served as the Managing Partner of WaterBridge Capital Management LLP and as the Managing Director of Capital18, a division within the renowned Network18 group. Additionally, he served the JP Morgan Private Equity Group as a Regional Advisor and Citigroup as Vice President.

On the academic front, Sarbvir holds a Bachelor of Technology degree from Shri Shahu Ji Maharaj University, Kanpur. He also holds an integrated Master's degree in Mathematics and Computer Applications from the Indian Institute of Technology, Delhi, as well as a PGDM from the Indian Institute of Management, Ahmedabad.

According to PB Fintech, Yashish Dahiya, Co-founder and Chairman, will continue to perform the role of Group CEO, and there will be no effect on his role and responsibilities due to Sarvbir’s appointment at the company.

Earlier this month, Ajit Kumar was appointed to the advisory board of PolicyBazaar’s newly launched segment ‘PB for Business’.