Munich Re has announced the appointment of Surbhi Goel as CEO India Branch effective from October 2024. Her appointment is subject to regulatory approval.
In this role, Surbhi will be responsible for Munich Re’s Property and Casualty reinsurance business in India.
Surbhi will succeed Hitesh Kotak, who will take on an expanded role overseeing Japan, India, Korea, and South-East Asia with effect from 1 July 2024. In her new role, Surbhi will report to Hitesh.
Hitesh Kotak said, “Surbhi has a deep understanding of India’s insurance market and is therefore a perfect choice to become CEO India. India is one of Munich Re’s most important growth markets and Surbhi has all the capabilities needed to continue to support our clients in their growth journey.”
Surbhi Goel will be Munich Re’s first female CEO in India. She has been heading Property & Casualty South-East Asia business since 2022 and before this, she held senior underwriting, business, and reinsurance roles at a leading insurer in India since 2008.
Surbhi Goel said, “I am very much looking forward to the new responsibility of driving Munich Re’s growth in the Indian market. Having the opportunity to work in a dynamic market environment with a highly motivated team in a well-positioned branch is an amazing opportunity.”
Munich Re is one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG.
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