Tyagi began working at HDFC ERGO in 2008, and as of 2023, he is a joint managing director of the business. He has worked in the banking and insurance industries for more than 25 years.
Anuj Tyagi has been designated Managing Director and Chief Executive Officer of HDFC ERGO General Insurance on Monday, with effect from July 1.
Tyagi will take over for Ritesh Kumar, who will begin serving on the ERGO International Board of Management on October 4.
According to a release, Kumar will concentrate on the Asian growth markets, including China, Thailand, and Singapore, in his new role as Deputy COO of ERGO International.
Tyagi began working at HDFC ERGO in 2008, and as of 2023, he is a joint managing director of the business. He has worked in the banking and insurance industries for more than 25 years.
Keki M. Mistry, Chairman, HDFC ERGO General Insurance, said, “The Board wishes to thank Ritesh for his extraordinary leadership over the last 16 years that has left an indelible mark on the company, the brand, and its market position. I am also delighted that we have an able leader in Anuj to take on the baton. Anuj has worked closely with Ritesh over these 16 years and has played an important role in reshaping HDFC ERGO into a large tech-first industry leader.”
Dr. Oliver Willmes, Chief Operating Officer and Chairman, ERGO International, said, “I would like to thank Mr. Ritesh Kumar for his immense contribution in making this joint venture company a leading insurer in India. I am confident that Mr. Anuj Tyagi will take HDFC ERGO to greater success with his dynamism and keen interest in customer centricity and digital innovation.”
Ritesh Kumar, outgoing MD & CEO, HDFC ERGO General Insurance, said, “I thank the shareholders and the board for the trust they have had in me. For me personally, it has been a privilege to lead this exceptional team at HDFC ERGO; together, we have grown to become one of the top general insurance companies. I am confident that Anuj will usher HDFC ERGO into a new era, and my best wishes are with him.”
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