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| Jayant Dua appointed MD of Birla Sun Life |
| Press Trust of India / Mumbai Aug 04, 2010, 17:36 IST |
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Private insurer Birla Sun Life Insurance (BSLI), a subsidiary of Aditya Birla Nuvo, has appointed Jayant Dua as its managing director with retrospective effect from July 1.
Prior to this, Dua was the president and CEO of the Aditya Birla Group's electrical insulator manufacturing arm -- Aditya Birla Insulators.
"The life insurance industry has completed a decade-long journey this year, and has more challenging opportunities ahead. Jayant's diverse exposure in various businesses will help BSLI achieve its goals ahead," Aditya Birla Group's Chief Executive (Financial Services), Ajay Srinivasan, said in a statement here today.
BSLI, a joint venture between the Aditya Birla Group and Canada's leading financial services firm Sun Life, had a total AUM of Rs 16,000 crore and a robust capital base of Rs 2,450-crore as of March 31, 2010.
Dua had been associated with various companies of the Aditya Birla Group for the last 14 years. He has handled businesses such as sales, marketing, strategy and IT.
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