Prudential Plc has appointed Amit Dave as chief executive officer and managing director of Prudential Health India, and Abhishek Saraf as chief operating officer, as the UK-based insurer moves closer to launching its health insurance joint venture with HCL Group. The appointments, subject to regulatory approval, come at a key juncture with the venture-a standalone health insurer, approaching the regulator for clearances. Dave replaces Amar Joshi, who is stepping down.
Dave was most recently president and chief distribution officer at Tata AIA Life Insurance and has over two decades of experience across distribution, partnerships and product strategy. He will report to Naveen Tahilyani, Prudential's regional CEO for India and other markets.Saraf, who will report to Dave, has spent more than 25 years within Prudential and was most recently group chief actuary. He will oversee execution across core functions including finance, risk, compliance and product.
