Tata AIA Life Insurance Company announced the appointment of Venkatachalam H. as the new Chief Executive Officer & Managing Director, subject to regulatory approval from IRDAI. Before being elevated as CEO and MD, Venkatachalam served Tata AIA as President and Chief Distribution Officer. He joined the company in 2016. He also led several initiatives in areas such as marketing, strategy, analytics, and direct digital business.
Venkatachalam has over 27 years of experience spanning life insurance, asset management, and custodial services. He has expertise in sales & distribution, strategy, business and process development, and key account management.
In his new role, Venkatachalam will take over from current Chief Executive Officer and Managing Director, Naveen Tahilyani who moves to another role within the Tata Group. Naveen has been elevated to a Non-Executive Director of Tata AIA Life Insurance Company Ltd.