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Non Executive Chairman
Mr. Sanjay Chamria is the Non-Executive Chairman of the Company
and represents Indian Promoters, Magma Fincorp Limited - a leading
NBFC in the country. A Fellow Chartered Accountant, he anchors
policy formulations, strategy planning and provides overall
guidance and support to the Board.
Non Executive Vice Chairman
Mr. Jens Holger Wohlthat is the Non-Executive Vice Chairman of
the Company. He joined HDI-Gerling Industrie Versicherung AG,
Hannover (HDI), the 3rd largest Insurance Group in Germany in 1980
and has since served in various functions within industrial
liability, underwriting and international operations. In 2006, he
had been appointed as the Member of the Executive Board (Director)
of HDI, responsible for international operations.
Managing Director & CEO
Mr. Rajive Kumaraswami is the Managing Director and CEO of MHDI.
Mr. Kumaraswami is a graduate from Delhi University and fellow
member of the Institute of Chartered Accountants of India. He has
over 26 years of experience and worked with reputed brands like
SCOR SE India Liaison, ICICI Group etc.
Non Executive Director
Mr. Mayank Poddar is the Non-Executive Director of the Company.
He is a Commerce graduate and represents the Indian Promoters,
Magma Fincorp Limited - a leading NBFC in the country. He
contributes to the policy formulation and provides overall guidance
and support to the Board.
Non Executive Independent Director
Kailash Nath Bhandari is the Non Executive Independent Director
of the Company. A law graduate by education; he has been the
Chairman and the Managing Director of New India Assurance Company
Ltd. and United India Assurance Company Ltd. He has also been a
consultant with the World Bank before joining the Board of the
Mr. V. K. Viswanathan is the Non-Executive Independent Director
of the Company. He is a Commerce Graduate from Madras University
and a Chartered Accountant from the Institute of Chartered
Accountants of India. He is the Chairman of the Board of Directors
of Bosch Limited. Prior to this role, Mr. Viswanathan was the
Managing Director of Bosch Limited and President, Bosch Group in
India. He has been the President of Indo-German Chamber of Commerce
(2012-13) in the past. He has also served as the Vice President of
ACMA (Automotive Component Manufacturers' Association) from
2005-06. He was also associated with Hindustan Unilever Ltd. in
many senior positions for 17 years.
Mr. Sunil Mitra is the Non-Executive Independent Director of the
Company. He is an ex-IAS officer retired in June 2011 as a Revenue
& Finance Secretary, Government of India after a successful
stint of 36-years. During his tenure in the Ministry of Finance, he
led the Revenue Teams in the formulation of the 2010 and 2011 Union
Budgets and spearheaded several significant policy initiatives in
public finance including a new disinvestment policy and taxation
reforms. During his earlier tenures with the West Bengal
Government, he led significant public policy reforms in the
State-owned Public Sector Enterprises and the State's power
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
Insurance is the subject matter of solicitation.
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Magma and HDI names and logos are trade names/marks of Magma
Fincorp Ltd., and HDI Global SE
and are being used by Magma HDI General Insurance Co. Ltd., under
agreement with owners of such trade names/marks.
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