Smart Business News

Business News That Matters

Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as Chief Investment Officer

Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as Chief Investment OfficerPune, 19th September, 2024: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has appointed Srinivas Rao Ravuri (Srini to friends and associates) as its Chief Investment Officer (CIO) where he will lead the Company’s Investment team and manage the portfolio towards optimising its investment performance. In the leadership role, Srinivas will focus on allocating the Company’s assets towards building wealth for customers and profitability for all stakeholders, while managing risk and in line with the regulatory guidelines.

Srinivas is a seasoned investment professional with nearly three decades of experience in equity research and fund management across Indian financial markets. Starting of as an analyst in India’s first boutique equity research firm, he spent over two decades covering sectors such as Real Estate, Infrastructure, Industrials, Telecom, and Power. Srinivas’ other stints as an investment expert were at organizations like PGIM India Asset Management and HDFC Asset Management, where he shaped their respective investment strategies to drive growth and build wealth. He joins Bajaj Allianz Life from PGIM India Asset Management, where he played a key role in transforming the Asset Management Company into one of the fastest growing in the industry.

Speaking on the appointment, Tarun Chugh, MD & CEO, Bajaj Allianz Life, said, “Srinivas joins us at a pivotal point of our transformative journey. Further, our regulatory environment and the robust Indian economy are converging to further provide value to customers investing in life insurance towards their long-term financial goals. His extensive experience within the Indian financial markets will be of tremendous value as we continue to strengthen our capabilities.”

On his appointment as Bajaj Allianz Life’s Chief Investment Officer, Srinivas said, “Life insurance, today, is emerging as one of the strongest financial tools for customers to invest towards their long-term financial goals due to its inherent advantages of disciplined investing and offering a safety net for the main bread winner of the household. I’m excited to now be able to play a pivotal part in this journey of customers with Bajaj Allianz Life. The Company’s reputation for excellence and innovation is well-established and I’m excited to join such a driven and focussed team.”

Srinivas holds a Bachelor’s degree in Commerce and an MBA from Osmania University, Hyderabad. His interests include tennis and spending time outdoors. He is also an Indian classical music enthusiast.

Leave a Reply

Your email address will not be published. Required fields are marked *