Board of Directors
Kamesh Goyal
Chairman
Kamesh Goyal is the Non-Executive Chairman of our Company and has been a Director of our Company since its incorporation. He holds a bachelor’s degree in Science from University of Delhi. He holds a bachelor’s degree in law and master’s degree in business administration from University of Delhi. He has several years of experience in the insurance industry and has served as the Chief Executive Officer of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance Company Limited. He is also an Associate of the Insurance Institute of India.
Michael Wallace
Michael (Mike) Wallace is the Non-Executive Director of our Company. He has over 30 years of progressive experience in Property Casualty Insurance operations, underwriting, reinsurance and management. He has expertise in domains like Mergers/Acquisitions/Divestitures Profit/Loss management/accountability/Strategic Planning and Execution Staff Management / Development/Internal controls & systems Underwriting and Proposition Development/Business analysis /case preparation System Development/Volume growth execution Innovative Culture. Currently, he is working as a Vice President, Insurance Operations in Fairfax Financial, Toronto. Prior to this role, he was serving as a President of Insurance at Pethealth Inc. (Part of Fairfax Financial until the sale of Pethealth). Prior to this, he was working as Senior Vice President and as a Vice President, Risk, Reinsurance and Underwriting (Chief Risk Officer and CUO) in RSA Canada, Toronto. Mike also is a Non-Executive Director for Ki Financial Limited based in London UK and Onlia Holding Inc based in Toronto. He has pursued his Bachelor of Science degree in Actuarial Science (Co-op) from University of Calgary and also successfully completed RSA’s Executive Development Program.
Mukul Gupta
Mukul K. Gupta is an Independent Director of our Company, also the Chairperson of Audit and Nomination & Remuneration Committees of the Board of Directors. He is a Chartered Accountant and has over 3.5 decades of work experience in the financial services industry. He is a highly experienced professional with an extensive background having worked in different verticals of the industry such as Insurance, Asset Management and Banks. He has a track record of leading and contributing to successful ventures, start-ups, and handling core management initiatives across various renowned organizations, especially in life insurance and asset management, including working in CEO, CFO and in Board of Director roles. His earlier experiences include being the CEO at Birla Sun Life Asset Management Company Limited. He also played a crucial role in the building up of Bajaj Allianz Life Insurance Company Ltd, where he served as the CFO & Head of Bancassurance. He has also worked with Management Consulting organizations such as Accenture & KPMG, working with clients across Government and privately owned (foreign & local) financial services organizations.
Shefali Shah
Shefali Shah is an Independent Director of our Company. An officer of the Indian Revenue Service, she has worked in various capacities in the Income Tax Department and in several ministries of Government of India. She was empanelled as Secretary to the Government of India and retired as Principal Chief Commissioner of Income Tax. Her experience of 35 years in Government includes work in the areas of policy initiatives, legislative enactments, formulation of vision statement, perspective planning & mission mode implementation strategies, tax administration reforms & business process re-engineering and effective communication of Government’s initiatives. She has served as Member of Board/Governing Council/Executive Committee/Finance Committee of several statutory non- commercial organization as Government nominee. She represented Government in multilateral & bilateral negotiations with the EU & WTO and projected India’s industrial/agricultural/marine strengths at international forums/expositions.
Philip Varghese
Philip Varghese is the Non-Executive Director of our Company. He has a bachelor’s degree in Engineering (Electronics). He is also Qualified Risk Manager from the Institute of Risk Management, London and Associate of Insurance Institute of India. He has also done Post Graduate Diploma in Marketing from Symbiosis. He was Managing Director of Allianz Cornhill Information Services Private Limited, India and member of the Board of Allianz Managed Operations and Services, India. He is also a Director of Go Digit Infoworks Services Private Limited. He is associated with Digit Group since December 7, 2016.
Gopalakrishnan Soundarajan
Gopalakrishnan Soundarajan is the Non Executive Director of the Company. He is the Chief Operating Officer at Fairfax India Holdings Corporation and the Managing Director, India at Hamblin Watsa Investment Counsel Ltd. Prior to this, he was the Chief Investment Officer at ICICI Lombard General Insurance Company Limited, a leading private general insurance company in India. He held the position of Head of Investments at ICICI Lombard from 2001 to 2018 and was a member of the Investment Committee. Mr. Gopalakrishnan Soundarajan holds a Bachelor of Commerce degree from the University of Madras, is a member of the Institute of Chartered Accountants of India and is a Qualified Chartered Financial Analyst and Member of the CFA Institute in the United States of America. Mr. Gopalakrishnan Soundarajan serves on the board of directors of Fairfax India Holdings Corporation, FIH Mauritius Investments Limited, FIH Private Investments Limited, Bangalore International Airport Limited, IIFL Finance Limited, Fairfirst Insurance Limited, 10955230 Canada Inc., Thomas Cook (India) Limited, Anchorage Infrastructure Investments Holdings Limited, Quess Corp Limited, Go Digit Life Insurance Limited, and Primary Real Estate Investment Fund.
Christof Mascher
Christof Mascher is the Independent Director of our Company. He holds a Master of Arts (M.A.) degree in philosophy from the University of Vienna and a Doctorate degree in Law from the University of Innsbruck. He had an experience of over 32 years in the insurance industry. He was a Member of the Board of Management and Chief Operating Officer of Allianz SE during 2009 to 2020 and has held various leadership positions in business, finance, operations and IT within the Allianz SE Group.