Management Team

Sanjay Vij

Executive Director & Principal Officer, Exide Life Insurance

Sanjay is the Executive Director & Principal Officer from 10th January 2022. Before this, he was the Group Head – Bancassurance and Chief Values Officer (CVO) in HDFC Life, responsible for managing the growth and P&L of key Bancassurance channels. As the CVO, he was responsible for institutionalising and leading the EPICC values program. As part of the management team/executive committee he has played a pivotal role in the growth of the company. Before joining HDFC Life, he has had diverse work experience with HCL Limited, Blue Star Limited, Core Parenterals Limited, Span Medicals Limited, and Birla AT&T Communications Limited.

He holds a Bachelor’s degree in Science (D. Tech), and a Master’s degree in Business Administration from the Faculty of Management Studies, M S University of Baroda.

Ashwin B

Chief Operating Officer

Ashwin joined Exide Life Insurance in August 2008 as the Chief Operating Officer. He is responsible for managing Underwriting and New Business, Policy Servicing and Contact Centre, Customer Engagement and Grievance Redressal, Claims and Group Operations, Renewals and Persistency, Field Operations and Customer Services, Shared Services and Information Technology functions.

Ashwin has over three decades of experience in Sales, Customer Services and Operations across Life Insurance, Retail Banking and Consumer Durables industries. He is a Mechanical Engineer from IIT Roorkee and has completed his Masters in Management Studies from NMIMS (Mumbai).

Ashwin is an enthusiastic golfer, a certified deep sea diver, passionate about cars and enjoys going on holidays in his free time.

Rahul Agarwal

Chief Distribution Officer

Rahul joined Exide Life Insurance in March 2001 as the Regional Head based in Delhi and was responsible for setting up and running the Sales Organization in North and East parts of the country. In 2004, he moved to the Head Office as part of the Operations Team, which he led in his previous assignment. Rahul took over as the Chief Distribution Officer of Exide Life Insurance in 2009.

As the CDO, Rahul oversees the entire distribution network of the company. Rahul has an experience of over 15 years in Insurance and Banking. He is an Electronics Engineer and has a Masters in Business Administration (MBA). He is married and has two children.

Shyamsunder Bhat

Chief Investment Officer

Shyamsunder Bhat is the Chief Investment Officer at Exide Life Insurance Company Limited. Having joined the company in September 2010, Shyam has an overall experience of over 27 years in fund management.

Prior to joining Exide Life Insurance, Shyam has worked with two mutual fund companies - initially as a part of the start-up team in 1994 at Tata Asset Management Ltd. for 10 years (1994-2004), followed by Principal PNB Asset Management, where he then worked for more than 6 years (2004-2010).

Shyam is an Electrical Engineer from VJTI (Mumbai) and a post-graduate in Management (M.M.S. Finance) from Narsee Monjee Institute of Management Studies (Mumbai).

Rangarajan B N

Appointed Actuary & Chief Risk Officer

Rangarajan is a Chief Risk Officer and Appointed Actuary of Exide Life Insurance. He is a Fellow Member of Institute of Actuaries of India and also possesses a Master's degree in Statistics from the University of Mysore.

Rangarajan has been with Exide Life Insurance for over 8 years now and has worked in various capacities namely Head of Product Development, Value reporting to the shareholders, Group Actuary etc. He has pioneered various projects to calibrate Economic Capital and Market Consistent Embedded Value for the Company.

Prior to joining Exide Life Insurance, he worked for over 12 years with different Life Insurance companies including LIC of India, Met Life as well as GE Capital. He has been actively involved in various activities of Institute of Actuaries of India and in the past he has been Chairperson of Sub-committees for Economic Capital, Education Advisory Group and Secretary to Advisory Group for Pensions and Social Security.

Sandip Goenka

Chief Financial Officer

Sandip Goenka is the Chief Financial Officer at Exide Life Insurance Company Limited. He is responsible for Finance & Accounts, Business planning & Analysis, Investment Operations, Management Reporting, Tax, Procurement and Corporate services. He has over 16+ years of overall experience largely in the Insurance space.

Prior to joining us, Sandip was associated with TATA AIA Life Insurance as Head - Financial Planning and Analysis where he was responsible for developing strategic corporate plan, preparing annual and periodic financial results, strategy development & execution, enabling data driven financial decision making and controlling the overall finances through budgeting and forecasting activities. In his previous stints, Sandip has held positions of increasing responsibilities across Prudential Global Services, Ernst & Young, General Reinsurance AG (Gen Re) and Watson Wyatt India.

He is a graduate from Shri Ram College of Commerce, Fellow of Institute of Actuaries of India, Fellow of Institute & Faculty of Actuaries, UK and has completed his Advanced Program in Strategic Management from Indian Institute of Management, Kolkata.