Canara HSBC Oriental Bank of Commerce Life Insurance today announced the appointment of Anuj Mathur as the new Chief Executive Officer of the company. Mathur will take charge as the CEO on July 1, 2015, succeeding the current CEO, John Holden.
The company said that it continues to pursue a pure bancassurance model and passing the benefits of its lean cost structure to the three banks' (Canara Bank, HSBC, OBC) customers through highly competitive products.
Mathur is a founding member of the company having joined in 2007 to lead Legal, Compliance & Risk, Corporate Governance, before taking over as the Chief Financial Officer in September 2009. He has over 22 years of experience, out of which more than 14 years have been with the life insurance industry.