Mumbai, July 26, 2016: IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK), announced the appointment of Peuli Das, as Appointed Actuary, today.
Peuli Das comes with a diverse experience in insurance and Investment Banking.
R M Vishakha, MD & CEO, IndiaFirst Life Insurance said, “Succession planning and providing equal opportunity has been an important focus for IndiaFirst Life Insurance. We pride ourselves in meritocracy based promotion of women leaders in the organisation. We are confident that Peuli will play a key role in the growth of IndiaFirst Life. ”
Peuli Das, Appointed Actuary, IndiaFirst Life said, “I am excited to take up this role and associated responsibilities. I look forward to substantially contributing in fulfilling IndiaFirst’s vision and growth, in years to come.”
Peuli has majored in Economics and completed MS in Quantitative Economics from Indian Statistical Institute, Kolkata. She selected Actuarial Science as a career path and is a Fellow of the Institute of Actuaries, India.
She is a recipient of the Meena Sidhwani Award and the AS Gupta Memorial Fund Award from the Institute of Actuaries, India.
About IndiaFirst Life Insurance
Headquartered in Mumbai, IndiaFirst Life Insurance, with a paid-up share capital of INR 625 crore, is one of the country's youngest life insurance companies. It is promoted by two of India's largest public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company Legal & General. Bank of Baroda holds a 44 percent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 percent and 26 percent stake respectively. IndiaFirst believes it can differentiate itself through simple, easy to understand products that are fairly priced and efficiently serviced. Today IndiaFirst Life is present in over 1,000 cities and towns across the country through 10,000+ points of sale. The company garnered over INR 9061 crores of assets under management as of 31st March 2016. For details please visit: www.indiafirstlife.com