MUMBAI: Private sector insurer Bajaj Allianztoday said it has appointed Anuj Agarwal as the Managing Director and officiating Chief Executive Officer.
Agarwal takes over from V Philip, who is moving to an Allianz Group company, the insurer said in a statement, adding that the appointment has been approved by the Insurance Regulatory and Development Authority.
He was associated with Bajaj Allianz from 2001 to 2004 and prior to joining back the firm, he was the Chief Financial Officer and Chief Risk Officer at P T Asuransi Allianz, Indonesia.
"We welcome Anuj back at Bajaj Allianz. He was not just associated with us in the past since the company's nascent stage but also brings with him rich international experience which, we believe, is important in present market conditions," Bajaj Allianz Chairman and Bajaj FinservBSE 0.56 % Managing Director Sanjiv Bajaj said.