About ABSLI

20 years of guaranteeing a secure future.

Aditya Birla Sun Life Insurance Company Limited (ABSLI), is a life insurance subsidiary of Aditya Birla Capital Ltd (ABCL). ABSLI was incorporated on August 4th, 2000 and commenced operations on January 17th, 2001.

A Brief History

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Became the largest private life insurance company in India

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange for funds required during a medical emergency

The retirement years are a time of blissful rest and enjoyment of hobbies

BSLAMC in its 20th year celebration joined the club of AMC with more than 1000 Billion AUM

Our People

  • kamlesh-rao

    Mr. Ajay Vernekar

    Chief Technology Officer
  • amit-jain

    Mr. Amit Jain

    Chief Financial Officer (CFO) & Head – Group Business
  • anil-kumar

    Mr. Anil Kumar Singh

    Chief Actuarial Officer
  • deven-sangoi

    Mr. Ashok Suvarna

    Chief Distribution Officer (CDO)
  • anil-kumar

    Mr. Deven Sangoi

    Chief Investment Officer – Equity
  • profile

    Devendra Singhvi

    Chief Investment Officer – Debt
  • shobha-ratna

    Ms. Shobha Ratna

    Head – Human Resource & Training
  • profile

    Profile1

    This is a Title
  • kamlesh-rao

    Mr. Kamlesh Rao

    Managing Director & Chief Executive Officer
  • amit-jain

    Mr. Shailendra Kothavale

    Chief Compliance & Risk Officer
kamlesh-rao

Mr. Ajay Vernekar

Chief Technology Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

amit-jain

Mr. Amit Jain

Chief Financial Officer (CFO) & Head – Group Business

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

anil-kumar

Mr. Anil Kumar Singh

Chief Actuarial Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

deven-sangoi

Mr. Ashok Suvarna

Chief Distribution Officer (CDO)

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

anil-kumar

Mr. Deven Sangoi

Chief Investment Officer – Equity

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate

profile

Devendra Singhvi

Chief Investment Officer – Debt

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives.-----------------------------------------------

shobha-ratna

Ms. Shobha Ratna

Head – Human Resource & Training

********************************** Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years.

profile

Profile1

This is a Title

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

kamlesh-rao

Mr. Kamlesh Rao

Managing Director & Chief Executive Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

amit-jain

Mr. Shailendra Kothavale

Chief Compliance & Risk Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

  • amit-jain

    Mr. Shailendra Kothavale

    Chief Compliance & Risk Officer
  • shobha-ratna

    Ms. Shobha Ratna

    Head – Human Resource & Training
amit-jain

Mr. Shailendra Kothavale

Chief Compliance & Risk Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

shobha-ratna

Ms. Shobha Ratna

Head – Human Resource & Training

********************************** Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years.

  • kamlesh-rao

    Mr. Ajay Vernekar

    Chief Technology Officer
  • anil-kumar

    Mr. Deven Sangoi

    Chief Investment Officer – Equity
  • profile

    Profile1

    This is a Title
kamlesh-rao

Mr. Ajay Vernekar

Chief Technology Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

anil-kumar

Mr. Deven Sangoi

Chief Investment Officer – Equity

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate

profile

Profile1

This is a Title

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

  • kamlesh-rao

    Mr. Kamlesh Rao

    Managing Director & Chief Executive Officer
  • profile

    Devendra Singhvi

    Chief Investment Officer – Debt
  • deven-sangoi

    Mr. Ashok Suvarna

    Chief Distribution Officer (CDO)
  • anil-kumar

    Mr. Anil Kumar Singh

    Chief Actuarial Officer
  • amit-jain

    Mr. Amit Jain

    Chief Financial Officer (CFO) & Head – Group Business
  • kamlesh-rao

    Mr. Ajay Vernekar

    Chief Technology Officer
kamlesh-rao

Mr. Kamlesh Rao

Managing Director & Chief Executive Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

profile

Devendra Singhvi

Chief Investment Officer – Debt

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives.-----------------------------------------------

deven-sangoi

Mr. Ashok Suvarna

Chief Distribution Officer (CDO)

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

anil-kumar

Mr. Anil Kumar Singh

Chief Actuarial Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

amit-jain

Mr. Amit Jain

Chief Financial Officer (CFO) & Head – Group Business

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited.

In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.

Kamlesh is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused towards taking the company to a leadership position within the private life insurance space.

kamlesh-rao

Mr. Ajay Vernekar

Chief Technology Officer

Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). In his role he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business and strengthening the customer lifetime value proposition.

Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

Awards and Media Mentions

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National Awards

Marketing Campaign of the year

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National Awards

Marketing Campaign of the year

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National Awards

Marketing Campaign of the year

award3

National Awards

Marketing Campaign of the year

award1

National Awards

Marketing Campaign of the year

Media Mentions

ABSLI has been in the news over the years on a variety of occassions including press releases, campaigns and others.

  • Media Kit
  • Press Releases
  • News Coverage

 

Benefits & Eligibility

  • Crisis Management & incident response

  • Data back-up, data and system recovery as documented in the Disaster recovery plan

  • Recovery of all critical business functions and supporting systems

  • Alternate recovery sites if primary location is unavailable

  • Communication with customers, employees and other stakeholders

  • Assurance to customers that they will continue to receive optimum customer services at all times

Our protection solutions combine new innovations in organizational benefits with the traditional strength of employee assistance to help you:

  • Protect your investment in your people
  • Reduce the liability, cost and negative impact of mental pressures in the work place
  • Maintain your position as employer of choice; and
  • Incorporate employer protection & wellness into your core business practices

5 Tips for Buying Child Insurance Plan

  • Start early

    Buying a child plan early has its perks. Not only it secures your child’s future but pay-outs at key milestones of your child’s life ensure that their needs are well taken care of. As the plan has a savings component, an early start gives more time to your money to grow, bringing in the power of compounding in the long run.

  • Choose an adequate sum assured

    Note that education inflation is very different from retail, and is growing at an alarming rate. What may seem adequate today can very well fall short tomorrow. With higher education costs expected to jump up by several notches, opt for a sum assured that ensures all future needs of your child, particularly related to higher education are met with ease.

  • Waiver of premium benefit

    Are you worried about premium payment in case of an untoward incident? Relax! Most child plans, including ours, offer inbuilt waiver of premium benefit wherein in case of the death of the parent, all future premiums are waived off. However, the policy continues with all the said benefits thus ensuring your child’s future needs are taken care of no matter what.

  • Read the fine print and understand the T&Cs

    Go through the fine print to get a better understanding of the child insuranceplan. Make sure you pay attention to every minute detail including the inclusions, exclusions and other clauses to make an informed choice.

Senario

  • Sameer and Vishnu are partners, running a private firm together. Vishnu dies in car accident and losses due to his ultimely death has to be compensated by Sameer alone. Along with business liability he also had to pay Vishnu’s family their share of partnership money.

    scenario-partnership-1
  • If Sameer and Vishnu had insured themselves with Partnership Scheme, incase of either partner loss, the insurance money could have been used to pay the deceased partner family or compensate business losses.

    scenario-partnership-2

Environmental Management System

ABSLI is committed to provide valued services through life insurance to stake holders while protecting the environment in a responsible and sustainable manner. To support commitment, all levels of ABSLI will work to:

  • Maintain standards to meet or exceed all relevant environmental applicable compliance obligations of interested parties.

  • Continually improve our environmental performance, employee involvement, risk identification and prevention, and EMS activities.

  • Remain steadfast with our commitment to the protection of environment, prevention of pollution as we set and review measurable EMS functional objectives and targets

  • Effectively communicate our EMS commitment, performance and policy to our interested parties."

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Manage claims

At ABSLI, our dedicated team of expert claim assessors ensure that the claims process is handled in an easy manner for the family of the life insured.

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IRDAI Circular

Looking for a complete protection and financial cushion for your loved ones in your absence, then you should opt for our Protection Solutions. Affordable Term Insurance plans that provide a financial cover (payout) that help your dependents pay off loans, meet their monthly expenses without compromising on their non-negotiable life goals like your child’s education, marriage etc.

Fund Name Segergated Fund Identification No. (SFIN)
Group Bond Fund II ULGF01628/11/11BSLGRBOND2109
Group Fixed Interest Fund II ULGF01728/11/11BSLGFXINT2109
Group Growth Fund II ULGF01828/11/11BSLGROWTH2109
Group Money Market Fund II ULGF01928/11/11BSLGRMMKT2109
Group Secure Fund II ULGF02028/11/11BSLGSECUR2109
Group Short Term Debt Fund II ULGF02128/11/11BSLGSHTDB2109
Group Stable Fund II ULGF02228/11/11BSLGSTABL2109

IRDAI Public Notice

Ref: IRDA/CAD/PNTC/MISC/046/01/2014 Date: 29-01-2014

IRDAI Public Notice on Spurious Phone Calls and Fictitious/Fraudulent Offers

Insurance Regulatory and Development Authority of India(IRDAI) has been receiving complaints, through email/letters and in its Integrated Grievance Management System, from members of public informing the Authority that they are receiving spurious calls from unidentified persons:

  • Claiming to be representatives of IRDAI and offering insurance policies of different insurance companies with various benefits.

  • Claiming that IRDAI is distributing bonus to insurance policy holders out of the funds invested by insurance companies with IRDAI.

  • Claiming that the policyholder would receive bonuses being distributed by IRDAI if they purchase an insurance policy and wait for a few months after which the bonus would be released by IRDAI.

  • Advising customers to subscribe to fresh policy after surrender of the existing policy and wait for a few months after which the fresh policy would be entitled for additional enhanced returns / benefits.

  • Informing that 'Survival Benefit or Maturity Proceeds or Bonus' is due under their existing policy and investing in a new insurance policy is mandatory to receive the amounts which are due.

  • Advising public to invest in insurance policies to avail gifts, promotional offers, interest free loans, or setting up of Telecom towers or other such offers.

The general public is hereby informed that IRDAI is a regulatory body established by an Act of Parliament, i.e. the Insurance Regulatory and Development Authority of India Act 1999, to protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto. Further, IRDAI informs the members of public that:

  • IRDAI does not involve directly or through any representative in sale of any kind of insurance or financial products.

  • IRDAI does not invest the premium received by insurance companies.

  • IRDAI does not announce any bonus for policyholders or insurers.

  • Any person making any kind of transaction with such individuals/agents will be doing the same at their own risk.

IRDAI hereby urges the public to remain alert and not to fall prey to frauds or scams perpetrated by miscreants who impersonate to be employees / officers of IRDAI or other insurance companies.

If any member of the public notices such instances, he or she may lodge a police complaint, along with the details of the caller and telephone number from which the call was received, in the local police station.

Nav Formula

As stipulated by IRDA, the Net Asset Value (NAV) computation formula for Linked Funds stands modified effective August 18, 2011

"We wish to intimate all our policyholders that pursuant to the Insurance Regulatory and Development Authority circular dated 29th July 2011 the formula for computation of the Net Asset Value Per Unit (NAV) for Linked funds stands modified as under:

Old Formula: (As prescribed by IRDA and as Stated in the policy document)

The basis used for calculation of NAV would be the Appropriation Price and Expropriation Price.

The Appropriation Price shall apply in a situation when the company is required to purchase the assets to allocate the units at the valuation date

The Expropriation Price shall apply in a situation when the company is required to sell assets to redeem the units at the valuation date.


The NAV per unit of each Investment Fund will be calculated as per the prevailing IRDA guidelines mentioned below

When Appropriation Price is applied: The NAV shall be computed as:

(Market Value of Investments held by the fund + The Expenses incurred in Purchase of the Assets + Value of Any Current Assets + Any Accrued Income Net of Fund Management Charges - Value of any Current Liabilities - provisions, if any)

Divided by the number of units existing at valuation date (before any new units are allocated)

When Expropriation Price is applied: The NAV shall be computed as:

(Market Value of Investments held by the fund - The Expenses incurred in Sale of the Assets + Value of Any Current Assets + Any Accrued Income Net of Fund Management Charges - Value of any Current Liabilities - provisions, if any)

Divided by the number of units existing at valuation date (before any new units are allocated)

Modified Formula: (As stipulated by IRDA effective August 18, 2011)

Market Value of Investments held by the fund + Value of Any Current Assets - Value of any Current Liabilities & Provisions, if any)

Divided by the number of units existing at valuation date (before creation or redemption of any units)

Please note that the above change is effective 18th August 2011 and all the policy contracts issued by us (linked funds) stands modified to the above extent.

Equity Valuation:

As stipulated by IRDA through its circular dated 30th Oct 13, Insurer shall select from NSE and BSE as Primary and Secondary Exchanges and valuation of equity shares shall be made on closing price of the Primary Exchange selected. If such security is not listed/not traded on the Primary Exchange, Insurer shall use the closing price of the Secondary Exchange.

Aditya Birla Sun life Insurance Co. Ltd. (ABSLI) has adopted NSE as its Primary Exchange and BSE as Secondary exchange, thus effective 7th Nov 2013 ABSLI would change its existing equity valuation policy of using lower of the last quoted closing prices on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), at the valuation date To last quoted closing price of the primary exchange NSE.

The revised equity valuation policy reads as:

"All traded equity shares shall be valued at the last quoted closing price on the National Stock Exchange (NSE) on valuation day. In case on any particular valuation day the scrip is not traded on NSE then the value at which it is traded on The Stock Exchange, Mumbai (BSE) shall be used. If the security is not traded on both NSE and BSE then the value at which it is traded on the earliest previous day shall be used, provided such previous day is not more than thirty days prior to the valuation day."

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