ACKO General Insurance has undergone a leadership restructuring. As part of the same, the company’s current CEO, Sanjeev Srinivasan has been given a board role.
Replacing him as ACKO General Insurance’s CEO is Animesh Das, the current chief underwriting officer.
Before assuming the role of CEO at ACKO, Srinivasan served as the MD & CEO of Bharti AXA General Insurance for over five years, starting August 2016. Prior to that, he was the Head of Marketing, e-Business, and Bancassurance at ICICI Lombard from March 2010 to August 2016.
Apart from this, he also worked with Fullerton India Credit, ING Vysya Life Insurance Company, Mahindra & Mahindra and Xerox Modicorp at different points in time.
As for Das who is replacing Srinivasan as the company’s CEO, he has been with the company for the past more than six-and-a-half years as Chief Underwriting Officer.
Before joining ACKO, he was the Head-Auto Products at Coverfox for more than two-and-a-half years. He also worked in the Central Strategy Team of ICICI Lombard from July 2012 to November 2014.
Speaking about the strategic move, Varun Dua, CEO, ACKO Technologies, the parent company of ACKO General Insurance, said, “Sanjeev’s wealth of experience contributed to a lot of firsts for ACKO and has helped in rapidly building and scaling the company. I’m confident that in his Board role, he will continue mentoring the team and help us march towards our collective vision and goal.”
To this, he added, “Animesh has been a catalyst in the overall ACKO’s growth story. Animesh has helped drive the Auto Insurance business toward the path of profitability, and we are certain that under his leadership, ACKO General Insurance will continue to sustain its growth momentum. These leadership changes reflect our commitment to fostering a culture of growth, excellence, and longevity within its internal teams.”
On joining the board, Srinivasan also said, “As ACKO continues its remarkable growth journey, I am committed to leveraging my experience in guiding and nurturing the team at ACKO, ensuring it reaches even greater heights. Our collective efforts will result in success, innovation, and excellence in the evolving insurance landscape.”
Commenting on his new role at the company, Das stated, “I am thrilled to lead ACKO General Insurance at this exciting juncture. We at ACKO have demonstrated tremendous potential and agility in the insurance market. In my new role, I am committed to steering the company toward continued success. ACKO remains dedicated to its mission of making insurance simple, transparent, and accessible for millions of Indians by driving innovation and excellence in the insurance sector.”
