AIA Insurance appoints new CEO | Sunday Observer

AIA Insurance appoints new CEO

Nikhil Advani
Nikhil Advani

AIA Insurance Lanka has appointed Nikhil Advani as its new Chief Executive Officer subject to approval of the Insurance Regulatory Commission of Sri Lanka.

The outgoing CEO, Pankaj Banerjee will relocate to Hong Kong to take up a position in AIA Group as Chief Executive Officer, Group Partnership Distribution.

Advani holds a Masters’ in Business Administration from Columbia University, USA and a Bachelor’s Degree in Commerce from the University of Bombay, India. He has almost 25 years’ experience in insurance and financial industries and has been a part of AIA Group since 2011. Before joining AIA Group, Nikhil worked in senior roles at New York Life, Genworth Financial and Jackson National Life in the USA and ICICI Prudential Asset Management in India.

He presently leads the functions of Customer Strategy, Transformation and Marketing of the company. He is also responsible for Product and Customer Management, Brand and Communications, Channel and Digital Marketing, Analytics and Corporate Solutions. He has been a part of AIA Insurance Lanka since 2016 and was responsible for the Company’s new life insurance product portfolio and expanded footprint in the health market.