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  • H D F C Standard Life Insurance Company Limited

    Mumbai, Maharashtra

  • Year of Establishment: 1977
    IndiaMART Member Since: 2010
    Services [26]
    Phone: +(91)-(22)-67516666

Aim / Vision / Mission

Our Vision:-

'The most successful and admired life insurance company, which means that we are the most trusted company, the easiest to deal with, offer the best value for money, and set the standards in the industry'.

'The most obvious choice for all'.

Our Values:-

Values that we observe while we work:

  • Integrity
  • Innovation
  • Customer centric
  • People Care "One for all and all for one"
  • Team work
  • Joy and Simplicity

Team / Manpower

Mr. Amitabh Chaudhry
Managing Director and Chief Executive Officer

Mr. Amitabh Chaudhry is the Managing Director and Chief Executive Officer of HDFC Standard Life.

Before joining HDFC Standard Life in January 2010, he was the Managing Director and CEO of Infosys BPO and was also heading an Independent Validation Services unit in Infosys Technologies. Mr. Chaudhry started his career with Bank of America delivering diverse roles ranging from Head of Technology Investment Banking for Asia, Regional Finance Head for Wholesale Banking and Global Markets and Chief Finance Officer of Bank of America (India).

Mr. Paresh Parasnis
Executive Director and Chief Operating Officer

Mr. Paresh Parasnis is the Executive Director and Chief Operating Officer of HDFC Standard Life.

A fellow of the Institute of Chartered Accountants of India, he has been associated with the HDFC Group since 1984. During his 16-year tenure at HDFC Limited, he was responsible, for driving and spearheading several key initiatives. As one of the founding members of HDFC Standard life, Mr. Parasnis has been responsible for setting up branches, driving sales and servicing strategy, leading recruitment, contributing to product launches and performance management system, overseeing new business and claims settlement, customer interactions etc.

Ms. Vibha Padalkar
Chief Financial Officer

Ms.Vibha Padalkar is the Chief Financial Officer of HDFC Standard Life. Ms. Padalkar joined HDFC Standard Life in August 2008 after a seven year stint as Executive Vice President-Finance at WNS Global Services, a NYSE listed leading global business process outsourcing company. Vibha's key achievement during her tenure at WNS was to lead a team that successfully completed the Group's IPO on the New York Stock Exchange in a short span of six months.

Mr. Ashley Rebello
Chief Actuary and Appointed Actuary

Mr. Ashley Rebello is the Chief Actuary and Appointed Actuary of HDFC Standard Life. He completed his degree in Mathematics at Imperial College, London, before joining Prudential UK in 1996. During his six years at Prudential he worked in Product Development and Pricing, Valuation and in the Appointed Actuary's team. Subsequently he worked as an actuarial consultant at PricewaterhouseCoopers for five years, working for over 20 life insurance companies on a large variety of assignments in the UK, Netherlands, Switzerland, Greece and the US. He joined Standard Life in April 2008 and immediately moved to HDFC Standard Life.

Mr. Vikram Mehta
General Manager, Sales and Marketing

Mr.Vikram Mehta heads the Sales and Marketing function for HDFC Standard Life. Mr. Mehta joined HDFC Standard Life in February 2009. Before joining HDFC Standard Life, he was associated with Citibank for 16 years serving various responsibilities including the Head for Direct Sales - Citibank Credit Cards division in Germany, Regional Director East - Citibank NA, India, and Acquisitions Head - Credit Cards, Central and Eastern Europe cluster.

Mr. Prasun Gajri
Chief Investment Officer

Mr. Prasun Gajri is the Chief Investment Officer of HDFC Standard LifeMr. Gajri joined HDFC Standard Life in April 2009 with a rich experience of 14 years in investments and banking industry. He started his career in 1995 with Citibank and was associated with it for over 6 years delivering various roles. He joined Tata AIG Life Insurance Company in October 2001 to start the investment function and stayed there until April 2009, the last role being that of the Chief Investment Officer.

Awards / Recognition

Best Companies to Work for in India in 2010:-

HDFC Standard Life has been adjudged one of the Best Companies to Work for in India in 2010. The company participated in the Great Places to Work® study for the first time and ranked first in the insurance category. It ranked 34th on the Top 50 Best Companies to Work for, in India 2010 list. The company was also awarded for its unique employee initiative - Mission –in-Genius national quiz. The study has shown that HDFC Standard Life conscientiously develops employee talent programmes to keep engaging and motivating its employees. The company provides some unique platforms such as 'Mission in Genius' national quiz. The management is accessible to all at all times and sincerely seeks feedback from its employees through programmes such as 'Sparsh', the study said.

'YoungStar Super' Voted 'Product of the Year 2010':-

HDFC Standard Life’s YoungStar Super has been voted ‘Product of the Year 2010’ in the 'Insurance' category by more than 30,000 consumers nationwide across 36 markets. YoungStar Super is an unit linked Children Plan with unique benefits such as bumper additions, double and triple benefits, attractive allocations rates, and seven different funds.

The consumer study on product innovation in India was conducted by A C Nielsen, the leading global research firm. Entries were accepted from products that demonstrate innovation in their product function, design, packaging or process or any other specified form. Entries were then filtered by a jury of distinguished industry professionals to ensure that the products meet the innovation criteria before they were passed on to the consumer votes/survey round. Product of the Year is an Internationally Recognised Standard that celebrates and rewards the best innovations in consumer products and services. The Product of the Year is selected through an independent consumer survey across the country in 26 countries for the past 20 years.


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