Anil Ambani Group-controlled Reliance General Insurance today announced appointment of Vijay Pawar as the new chief executive officer (CEO) and executive director of the company.
Pawar succeeds K A Somasekharan, executive director and CEO, who has decided to pursue other opportunities, Reliance General Insurance said in a statement.
Somasekharan has been instrumental in building the company in its formative years. He has decided to move, it said.
Pawar, who has been advising the company for last 5 years, has over 38 years of experience in the general insurance business, he said.
He stared his career in 1974 with United Insurance and has an extensive understanding of the non-life insurance sector in India.