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Managing Director & Chief Executive Officer
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.
Chief Sales Officer
Vikas is the Chief Sales Officer of the company. He joined us
from Magma Fincorp Limited, where he was the Business Head - Gold
Loans. He is a Chartered Accountant and a Cost & Works
Accountant with more than 20 years of rich experience in Banking
& Finance, across institutional & retail equity brokerage,
private banking, retail banking, wealth management, lending and now
general insurance. He has worked in reputed organisations like
ICICI Bank, ABN AMRO Bank and Citigroup Wealth Advisors, where he
was the Managing Director and Country Business Manager. He is an
Executive & Personal Coach, credentialed by
the International Coaching Federation, US as a
qualified Associate Certified Coach (ACC).
Chief Financial Officer
Gaurav is the Chief Financial Officer of the company. Gaurav was
earlier heading the Accounts, MIS & Taxation of the Magma ABF
Business. He is a Fellow Chartered Accountant and a Company
Secretary with more than 15 years of rich experience in Finance
including controllership, corporate & management accounts,
budgeting and cost control, management information systems,
corporate taxation, compliance, implementation of ERP systems and
conceptualising and undertaking various process improvement
programmes and implementing the same. He started his career with
Tata Steel and has since worked in Steel, Mining and NBFC
industries. Prior to his stint with Magma, he has worked with Srei
infrastructure Finance as Group Financial Controller.
Chief Investment Officer
Mr. Jinesh M. Shah is the Chief Investment Officer of the
company and is responsible for investments and asset allocation
Magma HDI General Insurance Co Ltd. He earned his PGDBEM from EDII
Ahmedabad with over 12 years of experience in Fixed Income &
Debt capital markets.
He is passionate about capital markets, travel, trekking and
Senior Vice President - Retail & Agency Sales
Mr. Debasis Sanyal is working in the company as a Vice
President. He is taking care of entire Retails & Agency Sales
at National level, along with captive business.
He has done his MBA in Marketting and also has done Licentiate
from III. Total experience of 24 years in Automobile Industry ,
Asset Funding and GI Industry, out of which more than 13 years in
the Magma Group.
He loves to play cricket, listening music and participating in
the cultural programs.
Ms. Raunak Jha has joined MHDI as Appointed Actuary. Raunak has
more than 11 years of rich experience with companies like Cigna TTK
Health Insurance, Towers Watson, Deloitte Consulting and Iffco
Tokio. She is a graduate from Delhi University in Physics and
fellow of Institute of Actuaries of India.
Assistant Vice President - Claims
Mr. Somnath Ghosh is working in this company as an Assistant
Vice President in the claims department. His key responsibilities
in the Company are Claim Management, Loss Control & Business
Tie-up. Before joining MHDI he had an experience as a Divisional
Manager in An Insurance Company. He has 27 years of work
experience. Mr. Ghosh has done his bachelors degree from St.
Xaviers College, Kolkata. He is a Fellow of Institute of
Chartered Accountants of India & Associate of Insurance
Institute of India.
He is very fond of reading books, sports and current
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
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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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