Bajaj Allianz Life Insurance appoints Tarun Chugh as MD and CEO

Tapan Singhel re-appointed as MD and CEO of Bajaj Allianz General Insurance for five years

Bajaj Allianz Life Insurance, on Saturday, announced the appointment of Tarun Chugh as its MD and CEO. Chugh was MD and CEO of PNB MetLife Life Insurance. He is replacing Anuj Agarwal, who has moved overseas within the Allianz group, said a press release issued by the company.

Chugh has over 22 years’ experience in financial services, including over 12 years life insurance sector. He has also worked with ICICI Prudential Life Insurance where he handled various responsibilities in sales, distribution, branch operations and marketing before joining PNB MetLife as MD and CEO, the release added. 

Meanwhile, Tapan Singhel, was re-appointed as MD and CEO for Bajaj Allianz General Insurance for a further period of five years, with effect from April 1, 2017. He has been heading the company for the last five years. During his tenure, the company has expanded its reach to over 800 Tier II and III towns in the last two years. It is among the top two private general insurance companies in terms of gross written premium, said the press release issued by the company.