JAKARTA - PT Chubb Life Insurance Indonesia (Chubb Life Indonesia) officially appointed Naresh Krishnan as President Director, replacing Kumaran Chinan who entered retirement after eight years leading the company.
The change of leadership is part of the company's strategy to strengthen competitiveness and expand the penetration of the life insurance market in Indonesia.
With more than 25 years of experience in the insurance and asset management industry in the Asian region, Naresh is considered to have the capacity to drive business growth acceleration.
Throughout his career, he has experience managing business expansion, developing distribution channels, and building high-performing teams in a number of key markets such as Indonesia, the Philippines, Hong Kong, and India.
Chubb Life Indonesia management targets to strengthen the operational foundation and product innovation as the main focus under the new leadership of Naresh.
As President Director, Naresh will focus on strengthening Chubb Life Indonesia's position as a leading insurance partner by providing innovative and personalized insurance solutions and services to customers, building a strong corporate foundation, and leading the company into the next phase of growth.
President of Southeast Asia & New Zealand Chubb Life Sang Lee stated that this appointment is expected to strengthen the company's position in the domestic market.
"We are very pleased to welcome Naresh to the team. His extensive expertise and strategic vision will be very important as we continue to provide insurance solutions to meet the evolving needs of customers and strengthen the company's position in the Indonesian market. We also thank Kumaran for the outstanding contribution he has made over the past eight years," he said in a statement, Thursday, February 19.
Before joining Chubb life, Naresh served as President Director at Principal Asset Management Indonesia.
In addition, he has also held a number of strategic positions at AIA Financial Indonesia; Sun Life Grepa Financial, Inc. Philippines; Manulife China Bank Life Assurance Corporation Philippines; and Manulife Asset Management Indonesia.
Furthermore, he earned an MBA from the Sri Sathya Sai Institute of Higher Learning and a Bachelor of Science degree from Loyola College, Madras University.
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