. Vedanarayanan Seshadri (Veda),MD&CEO, Royal Sundaram General Insurance
This is the first time a CEO of a broking company has been appointed as a MD&CEO of a general insurance company. Veda, brings over 30 years of BFSI sector experience, including 15 years in insurance leadership roles
Chennai: Royal Sundaram General Insurance announced the appointment of . Vedanarayanan Seshadri (Veda) as its managing Director starting 28th May 2025.
Veda was managing director at Mahindra Insurance Brokers since 2021 before joining Royal Sundaram General Insurance.
This is the first time a CEO of a broking company has been appointed as a MD&CEO of a general insurance company.
Royal Sundaram General Insurance had recorded a premium of Rs 3764 crore, up 4%, in FY 2024-25.
The post has fallen vacant after Amit Ganorkar quit the company to become MD & CEO of Mumbai based Tata AIG General Insurance.
Veda, brings over 30 years of BFSI sector experience, including 15 years in insurance leadership roles. His expertise includes insurance distribution, driving profitable growth, and digital transformation enabled customer experience improvements.
He holds degrees in engineering, marketing, finance, and an advanced management programme from INSEAD, France.
Commenting on the development, Harsha Viji, executive vice-chairman, Sundaram Finance said, “His deep understanding of the insurance market, customer preferences, and leadership skills will benefit him in this new role. Given the evolving insurance landscape and digital advancements, Veda is well-placed to lead Royal Sundaram’s growth.”
Vedanarayanan Seshadri stated, “I am honoured to lead Royal Sundaram into its next phase. Royal Sundaram is renowned for its values, professionalism, and customer-centric approach. I am confident that, with the dedicated team and the unwavering support from the board and stakeholders, we will achieve substantial growth while preserving our fundamental principles.”