PNB MetLife India Insurance Co. Ltd., one of the leading private player in the life insurance sector, has appointed Sameer Bansal as its new Managing Director and Chief Executive Officer. His appointment will comes in to effective from July 1, 2024, subject to necessary regulatory approvals.
Sameer Bansal brings over 25 years of rich experience in financial services, with a proven track record in leading various distribution channels including Bancassurance, Agency, Digital, Employee Benefits, and Direct marketing. His extensive experience and successful leadership in these areas have prepared him well for his new role at the helm of PNB MetLife, the Insurer said.
Bansal, who has been with PNB MetLife since 2007, currently serves as the Chief Distribution Officer and is an integral member of the leadership team. He succeeds Ashish Srivastava, who has been appointed Managing Director for MetLife Inc.’s Global Shared Services team in India.
Sharing his enthusiasm for the new role, Sameer Bansal said, “I am honoured to take on this role. We are in a fast-changing and competitive marketplace with significant opportunities, and I am very excited to lead our company as we deliver on our Circle of Life promise to our customers and live our purpose: Milkar Life Aage Badhaein, for all our stakeholders.”
Commenting on Bansal's appointment, Lyndon Oliver, Chairman of the Board said, “We are very pleased to support the appointment of Sameer Bansal to lead our joint venture company. He is a skilled and seasoned leader whose deep knowledge of the industry and our business will ensure the continued growth of PNB MetLife.”
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