IndiaFirst Life Insurance Company Limited has announced the appointment of Rushabh Gandhi as its new Managing Director (MD) and Chief Executive Officer (CEO), effective immediately. Gandhi, who previously served as the Deputy CEO, succeeds Vishakha R.M., who retired on June 30, 2024, after nine years of dedicated service.
With nearly three decades of experience in the BFSI industry, Gandhi expressed his honor at leading the organization and committed to realizing the vision of making IndiaFirst Life the most preferred insurer for every Indian.
Debadatta Chand, Chairperson of IndiaFirst Life and Managing Director & CEO of Bank of Baroda, congratulated Gandhi, stating, “Rushabh Gandhi is a seasoned leader who has demonstrated strategic acumen to deliver business excellence. With his deep knowledge of the industry and his keenness to put customers first, he has been an integral part of the company’s growth journey. I am confident that Gandhi is well poised to steer IndiaFirst Life to the next level of growth and contribute to making ‘Insurance for All by 2047’ a reality.”
Gandhi, reflecting on his new role, said, “I am honored to take on the role of MD & CEO of IndiaFirst Life, an organization I’ve been associated with since 2015. IndiaFirst Life services customers across the country through its multi-distribution channel strategy, including Bancassurance, ably supported by cutting-edge technology and a #CustomerFirst philosophy. I am confident that with the support of our shareholders, distributors, employees, customers, and the regulator, we will achieve our vision of being the most preferred insurer for every Indian.”
Under Gandhi’s leadership, IndiaFirst Life aims to continue its multi-distribution channel strategy, leveraging technology and a customer-first philosophy to service customers across the country.