Aditya Birla Sun Life Insurance Company Limited
Independent Director
Dr. (Ms.) Mamta Suri superannuated as the Executive Director, Insurance Regulatory and Development Authority (IRDAI). She headed the Finance & Investment department; Internal Audit and the Compliance & enforcement departments in IRDAI. She had been associated with IRDAI since 2001. She handled various issues related to registration of insurance companies, off-site monitoring of financials of insurance companies, both life and non-life, issues around the re-structuring of insurance companies, M&A activities, IPO related matters, financial due diligence of promoters, solvency position of general insurance companies and matters relating to corporate governance, stewardship code are some of the areas handled by her. Other areas of priority were implementation of Risk based Capital, IFRS and Risk based Supervision.
In the interim she also served on the Insolvency and Bankruptcy Board of India as its first Executive Director from 15th August, 2017 (2 years). On deputation from IRDAI she was handling various portfolios including service providers, Individual Insolvency, Registered Valuers, Institutions, and Handling Corporate Insolvency Resolution Process, Advocacy, Legal, Finance and establishment matters. She was also on the Board of the International Financial Services Centre Authority (IFSCA).
Her professional and academic qualifications include M.Sc in Insurance and Risk Management from Cass Business School London, Chartered Financial Analyst and Diploma in Insurance from Chartered Insurance Institute, London. She has a doctorate in Finance, M. Phil in Finance and Accounting, M.Com and B.Com (Hons) from University of Delhi. She is also a law graduate. She also has professional qualification in leadership and diversity from Women’s World Banking.