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Mr. Vikas Mittal is the Deputy
CEO of Magma HDI General Insurance Co. Ltd. Mr. Mittal joined us
from Magma Fincorp Limited, where he was the Business Head of 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
Mr. Gaurav Parasrampuria is the Chief Financial Officer at Magma
HDI General Insurance Co. Ltd. Gaurav was earlier heading the
Accounts, MIS & Taxation of the Magma Asset Based Finance
Business. He is a Fellow Chartered Accountant and a Company
Secretary with more than 17 years of rich experience in Finance
including controllership, corporate & management accounts,
budgeting and cost control, management information systems,
corporate taxation, compliance and ERP implementations. He started
his career with Tata Steel and has since worked in Steel, Mining
and NBFC industries. Prior to his stint with Magma, he had worked
with SREI infrastructure Finance as the company's Group Financial
Chief Investment Officer
Mr. Jinesh M. Shah is the Chief Investment Officer of the
company and is responsible for investments and asset allocation of
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.
Ms. Kavita Modi, a member of the Institute of Company
Secretaries of India, is the Company Secretary of Magma HDI General
Insurance Co. Ltd. Before joining Magma HDI General Insurance Co.
Ltd, Kavita was associated with SREI infrastructure Finance. She
has over 10 years of rich experience.
Managing Director and CEO
A Fellow Member of
the Institute of Chartered Accountants of India & an Associate
Member of the Institute of Cost Accountants India, Mr. Rajive
Kumaraswami has 23 years of work experience. He started his career
as a Banker and spent the first 6 years of his career in Project
appraisals, corporate funding and loan restructuring activities. He
has been involved with the Insurance Industry since its opening to
the private sector and has had exposure to various facets of the
industry including underwriting of conventional & specialty
lines, corporate sales and managing & structuring reinsurance
programs. He has held the position of Head - Corporate Center and
Chief Risk Officer with a large Private Sector General Insurance
Company and thereafter as the Chief Representative of SCOR SE -
India Liaison Office before joining Magma HDI General Insurance in
June 2016 as its MD & CEO.
Chief Technical Officer
Mr. Amit Bhandari is a B.E (Chemical)
from IIT, Roorkee and a Master in Business Administration from FMS,
Delhi. He has joined Magma HDI General Insurance Co. Ltd. from
ICICI Lombard where he was Head - Health and Agriculture Insurance.
In his 13 years of career at ICICI Lombard, he worked in different
areas like claims management, retail and micro health insurance,
corporate sales, reinsurance, agriculture insurance etc. Prior to
ICICI Lombard, he worked at E-valueserve Pvt. Ltd and Reliance
Industries. He has total of 16 years of work
Head of Legal & Chief Compliance Officer
Mr. Anand Roop Choudhary is Bachelor of Law from Ranchi
University and Bachelor of Science from St. Xavier's College,
Ranchi. He has over 14 years of rich experience and has worked with
companies like ICICI Lombard, Vodafone and Max Bupa taking care of
legal, compliance and regulatory affairs of the companies. Prior to
joining Magma HDI General Insurance Co. Ltd he was the Chief
Compliance Officer and Legal Head of Max Bupa Insurance.
Chief Internal Auditor
Mr. Amit Loya, a member of the Institute of Chartered
Accountants of India, is the Chief Internal Auditor of Magma HDI
General Insurance Company Limited. He is responsible for 'Third
Line of Defense' by providing assurance on internal controls
through periodic review of their design and operative
effectiveness. He has a rich experience of 14 years in Internal
Audit in Insurance sector and prior to joining Magma HDI, has
headed internal audit in Bharti AXA and worked in internal audit
function in Tata AIG General Insurance Company Ltd and Bajaj
Allianz General Insurance Company Limited.
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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