IndiaFirst Life promotes Sunder Natarajan as the Chief Compliance & Risk Officer

Mumbai: IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda (BoB) and Union Bank of India (UBI), announced the elevation of Sunder Natarajan as its Chief Compliance & Risk Officer, effective 1st October 2020. In his new role, Sunder will lead Compliance, Risk Management, Legal & Internal Audit at IndiaFirst Life. He will be responsible for embedding the Risk management framework across the business. Sunder will also look at further strengthening good corporate governance in the organisation.

Congratulating Sunder, RM Vishakha, MD & CEO, IndiaFirst Life Insurance Company Limited, said, “I am delighted on Sunder Natarajan’s elevation as IndiaFirst Life’s role of Chief Compliance & Risk Officer. Sunder’s extensive experience in Insurance combined with his commitment and outstanding track record will further strengthen IndiaFirst Life’s risk management and compliance framework. As a senior member of the IndiaFirst Life team, Sunder has significantly contributed to the organisation’s commitment towards continuous development. I am confident he will continue to excel as he takes on additional responsibilities within the business.”

In his 5-year long association with the organisation, Sunder has led the Bancassurance distribution strategy for the company and helped build an integrated Bancassurance model with the partner banks. He has also set up the sales training team and launched mobile learning for the sales organisation and the distribution partners.

In a career spanning 25 years, Sunder has worked in the Insurance industry for two decades. He has proven excellence across diverse functions including Sales, Customer Service, Strategy, Bancassurance, Customer Retention, Operations, Quality, Business planning, Training, Communication & Governance. Sunder is on the on the Strategic Advisory Board of the Institute of Risk Management India Affiliate. He is also the Deputy Chair for the IRM India Regional Group.

Sunder holds a Bachelor of Commerce degree from the University of Madras & Post Graduate Diploma in Business Administration from NMIMS, Mumbai. He completed an Accelerated Leadership Program from Indian Institute of Management, Ahmedabad and is a Certified Member of the Institute of Risk Management, London.