Rushabh Gandhi, MD&CEO designate, IndiaFirst Life Insurance
Rushabh Gandhi has over 29 years of experience in the financial services industry and across national and international markets
Mumbai:
As planned earlier, the board of IndiaFirst Life Insurance has approved the appointment of Rushabh Gandhi, currently the deputy chief executive officer of the company as the next managing director (MD) and chief executive officer (CEO) for five years effective July 1, 2024, or the date of regulatory approvals, whichever is earlier.
R M Vishakha, the current MD and CEO of the life insurer, which is planning an initial public offerings(IPO) shortly, will retire on June 30, 2024.
Gandhi’s appointment date will be announced after the approval of the Insurance Regulatory and Development Authority of India (IRDAI), shareholders, and other statutory approvals.
“The Board welcomes Rushabh Gandhi as the new MD and CEO, which marks a new chapter for the company and aligns perfectly with the company’s succession planning. Having worked alongside Ms R M Vishakha since 2015, Mr Rushabh Gandhi brings a wealth of experience at IndiaFirst Life in driving growth and profitability. This experience is complemented by his strategic vision that resonates with the core values of IndiaFirst Life,” said the insurer in a statement.
Rushabh Gandhi has over 29 years of experience in the financial services industry and across national and international markets.
He is an alumnus of Narsee Monjee Institute of Management Studies (NMIMS) and INSEAD, Fontainebleau.