25
Feb
Mahindra & Mahindra Ltd. (M&M) and Manulife have appointed Suresh Agarwal as the MD & CEO designate of their proposed 50:50 life insurance joint venture, subject to regulatory approvals. The partnership to set up the life insurance business was announced in November last year, marking the companies’ entry into India’s fast-growing insurance sector. Suresh brings nearly 30 years of experience across life and general insurance, and corporate and retail lending. He earlier played a key role in building Kotak’s life insurance operations and later led the transition of Kotak General Insurance into a joint venture with Zurich Insurance. Since September…
