Sameer Bansal, MD and CEO designate, PNB MetLife ,
Bansal had joined PNB MetLife India insurance in 2007 and is currently chief distribution officer and a member of the leadership team
New Delhi: PNB MetLife India Insurance announced today the appointment of Sameer Bansal as managing director and chief executive officer, effective July 1, 2024, subject to the necessary regulatory approvals.
Sameer succeeds Ashish Srivastava, who has been appointed managing director for MetLife Inc.’s Global Shared Services team in India.
He had joined PNB MetLife in 2007 and is currently chief distribution officer and a member of the leadership team.
Sameer has over 25 years of experience in financial services, including extensive and successful experience in leading distribution through bancassurance, agency, digital, employee benefits and direct marketing business models.
“We are very pleased to support the appointment of Sameer Bansal to lead our joint venture company. He is a skilled and seasoned leader whose deep knowledge of the industry and our business will ensure the continued growth of PNB MetLife,” commented Lyndon Oliver, chairman of the Board.
Sameer will lead the business growth of a key market for MetLife with 149 branches in over 18,600 locations through bank partnerships with one of the largest bancassurance networks in India.
“We are in a fast changing and competitive market place with significant opportunities ,” said Bansal.