PNB MetLife appoints AK Srivastava as MD & CEO

Prior to joining PNB MetLife, he served as director on board of HSBC Canara Oriental Life Insurance Company.

PNB MetLife has appointed Ashish Kumar Srivastava as managing director (MD) and chief executive officer (CEO). He will be responsible for leading all aspects of the business in the country.

An industry veteran of nearly 25 years, Srivastava comes with an extensive experience in multiple disciplines, including strategy, human resources, project management and operations, infrastructure, administration and communications.

Speaking about his new role, Srivastava says, "I am delighted to have been entrusted with this responsibility and excited to take our business to greater heights. We are confident we will build on and consolidate our strengths in the market while continuing to innovate and tap new opportunities for growth."

According to the press release shared by the company, Srivastava joined PNB MetLife in 2013 as the head of human resources before subsequently moving to Dubai in 2015 to take charge of human resources for the MetLife Middle East and Africa (MEA) region. Prior to joining PNB MetLife, Srivastava served as director on board of HSBC Canara Oriental Life Insurance Company.

Commenting on the appointment, Chris Townsend, chairman of the board, PNB MetLife, says, "(Ashish) Srivastava is a seasoned and well-respected leader who is an excellent choice to lead our team at PNB MetLife. The board and shareholders remain confident in the performance and potential of the company and believe that the combination of PNB's extensive network and MetLife's global strategy ensure that we are well-positioned to capture the opportunities in this fast-growing market."