23-Oct-2026 15:16:12
BAJAJFINSV : DEEPAK REDDY APPOINTED CEO DESIGNATE OF BAJAJ GENERAL INSURANCE
• Board of Bajaj General Insurance (material unlisted subsidiary of Bajaj Finserv) approved Deepak Reddy as CEO Designate effective January 1, 2027 • To take charge as MD & CEO from April 1, 2027, subject to IRDAI approval • Dr Tapan Singhel to continue as MD & CEO until March 31, 2027, ensuring a seamless transition • Transition is in line with IRDAI's maximum continuous tenure of 15 years for Managing Directors, CEOs and Whole-time Directors • Reddy has over three decades of financial services experience; most recently CEO of Manappuram Finance, and earlier led Rural, Insurance and Gold Loan businesses at Bajaj Finance • Company said the planned transition reflects a structured succession approach ensuring continuity of strategy Impact: Neutral (formal succession at unlisted insurance arm, no change to current leadership until March 2027)
Bajaj Finserv Ltd
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