Gupta will be based at the company's headquarters in Mumbai, a press release issued here stated today.
"We are proud to announce the selection of Mukul (Gupta) as CEO...We are fortunate to get Mark (Schamp) to join us from Ergo's German operations as he brings a wealth of domain experience with him," Hero Corporate Service's Chairman Sunil Kant Munjal said.
Gupta has been in senior positions with Birla Sun Life Asset Management, Bajaj Allianz Life Insurance and other companies such as Accenture and KPMG, the release said.
Before joining Ergo, Schamp was with Sun Life of Canada and Munich Reinsurance of Germany.