Mr Deepak Reddy has been appointed as CEO Designate of Bajaj General Insurance. He will take charge as MD & CEO on 1st April 2027, subject to approval of the regulator, Insurance Regulatory and Development Authority of India.
The Board of Directors of Bajaj General Insurance has approved the appointment of Mr Reddy as CEO Designate effective 1 January 2027. Dr Tapan Singhel will continue as MD & CEO of Bajaj General Insurance until 31 March 2027, ensuring a seamless transition.
Mr Deepak Reddy brings over three decades of experience in financial services, having held senior leadership positions at Bajaj Finserv, American Express, Standard Chartered Bank and MIRC Electronics.
During his 17 years association with Bajaj Finserv, he played a key role in building and scaling several businesses and, in his most recent role within the Group, led the Rural, Insurance and Gold Loan businesses at Bajaj Finance. He was also Bajaj Finserv’s first Group Head of Human Resources, bringing together business leadership and organisational development experience.
The planned transition reflects a structured approach to leadership succession, ensuring continuity of strategy as Bajaj General Insurance builds on its market positioning and pursues its long-term growth priorities.