Tata AIA appoints Rishi Srivastava as CEO and MD

Tata AIA Life has recently announced that its board has appointed Rishi Srivastava as the new chief executive officer and managing director starting August 1, 2018, subject to regulatory approval from IRDAI. Srivastava will take over from current chief executive officer Naveen Tahilyani who takes over as chief executive officer, group partnership distribution, AIA Group, Hong Kong.

Rishi Srivastava

Naveen Tahilyani

Srivastava is currently chief of proprietary channels, product, marketing & corporate communication at Tata AIA. He has been instrumental in setting up and driving Tata AIA's agency workforce and successfully building the unique premier agency model in India that is aimed at providing enhanced overall customer experience. His focus on simplified offerings and addressing multiple needs of the customer also led to innovation in products and a differentiated marketing strategy.

Srivastava has more than twenty years' experience in finance and insurance. He was previously chief agency officer at ICICI Prudential before moving to ICICI Bank as general manager and then on to AXA as director of the Agency business in Jakarta. He joined Tata AIA in 2016.

With over twenty years of experience in the financial services industry, Tahilyani brought a wealth of experience and expertise to this role. He has led strong, profitable growth at Tata AIA over the past three and half years, with a focus on delivering a multi-distribution business, best-in-class customer experience and building a differentiated protection-oriented franchise.

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Tata Sons and AIA Group are confident that the growth momentum in Tata AIA will continue under the strong and capable leadership of Srivastava.