Tarun Mathur has stepped down as Chief Executive Officer and Principal Officer of Policybazaar Insurance Brokers Private Limited, a wholly owned subsidiary of PB Fintech Limited, citing personal commitments. His departure, effective April 7, 2026, follows IRDAI’s approval of his successor, a regulatory requirement Mathur had ensured was met before exiting the role.
Sajja Praveen Chowdary has been appointed as Policybazaar’s new Principal Officer, Chief Executive Officer and Whole Time Director with effect from the same date. A PB Fintech veteran since 2011, Chowdary most recently headed Policybazaar for Business, the company’s corporate and SME insurance and reinsurance arm, positioning it as the fastest-growing broker in the business insurance segment.
Earlier in his tenure, Chowdary played a key role in scaling Policybazaar’s retail businesses, including motor and term life insurance, introducing market-first products such as Self Video Inspection and Zero Cost Term Insurance. A marketing professional with over 17 years of experience, he holds a postgraduate degree from IMT Ghaziabad and a B.Tech from Acharya Nagarjuna University.
