Mrs. Alice G. Vaidyan

Smt. Alice G. Vaidyan
Non-Executive Director (Chairperson)

Mrs. Alice G. Vaidyan has assumed charge of Chairman cum Managing Director of General Insurance Corporation of India (GIC Re) on 25th January, 2016. Prior to her present posting, she was General Manager and CFO of GIC Re from October 2012 till 24th January, 2016 when she was elevated as CMD of GIC Re.

Mrs. Alice G. Vaidyan, a Post Graduate in English literature and Fellow of the Insurance Institute of India is a Direct Recruit Officer of the 1983 batch of General Insurance Industry. She began her career with the public sector general insurer, The New India Assurance Company Limited.

Over the years, she worked in Thiruvananthapuram, Ahmedabad, Kochi and Mumbai Offices of the Company, including the Corporate Office of The New India Assurance Company Limited in various capacities. She moved to GIC Re in 2008 as Deputy General Manager (Reinsurance).

Mrs. Vaidyan has won several national and international awards. She is a speaker of repute in national and international conferences. She won the Lloyds List Marine Insurance Award in 2007 for The New India Assurance Company Limited for best marine insurer. Also with Mrs. Vaidyan at the helm of the Marine portfolio, GIC Re won the Marine Insurance Award in the Seatrade Middle East & Indian Subcontinent Awards for 2011 and 2012.

 

MR. Y. RAMALU

Shri A. V. Girija Kumar
Non-Executive Director

Shri A. V. Girija Kumar, MBA, AII, is appointed as Chairman cum Managing Director (CMD) of The Oriental Insurance Company Ltd. w.e.f. 31st May, 2017. Prior to this, he was Director & General Manager and also Officiating CMD of National Insurance Company Ltd. and United India Insurance Company Ltd.

Shri A. V. Girija Kumar joined New India Assurance Company as a Direct Recruit Officer in 1980 and served in various parts of the Country including a stint in Saudi Insurance. Shri Girija Kumar is having more than three decades of rich and vast experience in the Non – Life Insurance Industry. He has also served in the Board of ITC Limited from 19th March, 2010 to 23rd July, 2016.
Smt. Sashikala Muralidharan
Smt. Sashikala Muralidharan
Non-Executive Director
Smt. Sashikala Muralidharan is a Graduate in commerce from University of Madras, ICWAI Intermediate and an Associate of Insurance Institute of India. She brings with her 34 years of rich experience in the insurance industry. She began her career in the insurance industry in The New India Assurance Co. Ltd in December 1983. On her elevation as DGM in August 2010, Mrs Sashikala had the privilege of serving United India Insurance Co. Ltd at the Corporate office. Mrs Sashikala was elevated and posted in National Insurance Co. Ltd in May 2014.

She also had the privilege in serving the Insurance Information Bureau of India, an organisation promoted by IRDA, on various committees from time to time. She is deputed on the Board of GIC Housing Finance Limited as Non-Executive Director.

 

V RamasamyShri V. Ramasamy
Independent Director

Chartered Accountant by Profession, joined United India Insurance Co. Ltd as a Direct Recruit Officer in the year 1975. During his tenure, he had worked in various capacities and in 2005, he was promoted to the cadre of Chairman cum Managing Director.

He joined National Insurance Co. Ltd as Chairman cum Managing Director from October 2005 to May 2009. After his retirement, he was appointed as Insurance Ombudsman Tamilnadu for Three Years from August 2009.

 

Shri Kamlesh Shivji Vikamsey
Independent Director

B. Com from the University of Mumbai, Chartered Accountant has 30 years of Experience in Accounting & Finance, Taxation and Corporate Advisory Services. He is Member of Audit Advisory Committee of United Nations Development Programme (UNDP), New York and also the Member of Appellate Authority of the Institute of Chartered Accountants of India (ICAI). He was elected as the President of ICAI during 2005-06 and also as Vice President of ICAI during 2004-05. He has been an elected Member of the Central Council of the ICAI from 1998 to 2007. Thereafter he has been the President of Confederation of Asian & Pacific Accountants (CAPA) during 2007-09 and was Deputy President of CAPA during 2005-07. He was a Board Member of the International Federation of Accountants from 2005-08. He has been associated with M/s Khimji Kunverji & Co. as a Senior Partner since 1982. He has served as a Member of various advisory and expert committees at National and International Levels, including as a Member of the Steering Committee for comprehensive review of Governance and Oversight within the United Nations.

 

Smt. Mona Bhide:
Independent Director

B. Com, LL.B. from University of Mumbai, LL.M. from Northwestern University, School of Law, Chicago is a Managing Partner of Dave & Girish & Co., a Law Firm focusing on International Finance and Corporate Laws. She is also Advisor to various Banks and Financial Institutions.

She is the Member of Bar Council of Maharashtra and Goa, Bombay Bar Association, International Swaps and Derivatives Association, International Bar Association, New York State Bar Association, Inter Pacific Bar Association and Asia Pacific Loan Market Association.

She had worked with American Bar Foundation in the field of Investment Banking, conflicts and globalization of the legal profession and also worked with International Law Firm, Sedwick, Deetert Moran and Arnold.

She is one of the highly recommended lawyers for Project Finance & Corporate, Mergers & Acquisitions transactions, restructuring and insolvency practitioner and corporate transactions practitioner in India in Global Counsel 3000.

She has been ranked as a Leading Individual in Banking & Finance, Corporate, Mergers & Acquisitions and Dispute Resolution by Legal 500 and as Leading Lawyer by Asia law Profiles.

 

Shri B. Chakrabarti
Independent Director

Chartered Accountant by Profession, is the ex CMD of National Insurance Company Ltd. and The New India Assurance Company Ltd. He joined the General Insurance industry in 1974 as a direct recruit of the first batch of Specialist Officers. He began his career with United India Insurance Company Limited in Chennai. During his stay in the Indian General Insurance Industry, Shri B. Chakrabarti served on various committees. He was also Chairman of GIPSA and Member of the Governing Board of National Insurance Academy, Pune.

 

Shri A. V.  Muralidharan
Independent Director

 Chartered Accountant & Company Secretary by Profession, is the ex CMD of Export Credit Guarantee Commission of India (ECGC) and retired in February 2011. He worked as DGM in the National Insurance Company Ltd. and was also Director & General Manager in The New India Assurance Company Ltd., before taking over as CMD of ECGC. He was also member of National Insurance Academy, General Insurance Business Council of India, IRDA Insurance Investment Sub Committee and Board of Trade (India).

 

 

M K GargShri M. K. Garg
Independent Director

Chartered Accountant by profession and a fellow of the Insurance Institute of India, is the ex CMD of United India Insurance Company Limited. He joined the General Insurance Industry in 1976 and possesses a rich experience of more than three decades. He joined The New India Assurance Company Ltd. in the cadre of Assistant Administrative Officer. He was also Member of Vision 2000 Core Group founded by the General Insurance Corporation of India and submitted recommendations for Insurance Sector reforms. He has also been a Director in Kenindia Assurance (Kenya) and Prestige Assurance (Nigeria).

 

 

Shri N.S.R.Chandra PrasadShri N. S. R. Chandra Prasad
Independent Director

Shri N. S. R. Chandra Prasad, a Commerce Graduate and Fellow of Insurance Institute of India, is the ex CMD of National Insurance Company Ltd. He is a Direct Recruit Officer of1978 batch (12 months training from June 1978 – June 1979 in GIC Re). After his induction training in GIC Re, he joined New India Assurance Company where he served various Departments in different capacities. Shri N. S. R. Chandra Prasad was appointed as Managing Director & CEO of Prestige Assurance PLC, Lagos from June 2002 to March, 2006. Shri N. S. R. Chandra Prasad possess 36 years of rich experience of service in non-life insurance sector where he held number of key positions in Marketing operations, Technical, Reinsurance, Customer Redressal, Personnel & Training both in India and Overseas.

NEERA-SAXENAMrs. NEERA SAXENA
Managing Director & CEO

Mrs. Neera Saxena aged 56 years is a post graduate in Agriculture from Pusa Institute, Delhi. She is a Direct Recruit Officer of 1986 generalist batch of New India Assurance Company Ltd and has completed her Associate ship from Insurance Institute of India. She has worked in various Offices Pan India including Operational Offices at Branches and Divisions and made them Profit centres. Prior to the present posting, she was DGM Health and Miscellaneous Technical and Liability at New India Assurance Co. Ltd, Corporate Office at Mumbai. She was recently promoted to the cadre of General Manager and after joining United India Insurance Company Ltd., has been deputed to GIC Housing Finance Limited as Managing Director & CEO.

 

 

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