Vibha Padalkar named new MD of HDFC Life

Financial Chronicle - - MONEY GAME - FC BU­REAU

HDFC Stan­dard Life In­sur­ance has el­e­vated its ex­ec­u­tive di­rec­tor and chief fi­nan­cial of­fi­cer, Vibha Padalkar (in pic), to the post of man­ag­ing di­rec­tor and chief ex­ec­u­tive of­fi­cer for a pe­riod of three years, ef­fec­tive from Wed­nes­day. Her ap­point­ment came af­ter the cur­rent MD and CEO, Amitabh Chaudhry, re­signed on Septem­ber 8 to join Axis Bank as MD and CEO for a pe­riod of three years, ef­fec­tive Jan­uary 1, 2019.

“It will be my con­stant en­deav­our to con­tinue ex­pand­ing the reach of life in­sur­ance and deepen the trust be­stowed upon us by cus­tomers, part­ners, share­hold­ers and other stake­hold­ers,” Padalkar was quoted.

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