Mathur will take charge as the CEO on July 1, 2015, succeeding the current CEO, John Holden.
The company is a joint venture between Canara Bank, Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings.
Under Holden's leadership, the company reported its maiden profit in less than five years of commencing operations. The company continues to pursue a pure bancassurance model and passes the benefits of its lean cost structure to the three banks'customers, the release said.
Mathur is a founding member of the company. He joined the company in 2007 to lead legal, compliance and risk and corporate governance division, before taking over as the chief financial officer in September 2009.
A Commerce graduate from Shri Ram College of Commerce, Delhi University, he is a fellow member of The Institute of Chartered Accountants of India, Institute of Company Secretaries of India and an associate member of Institute of Cost Accountants of India.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
