Canara HSBC Oriental Bank of Commerce Life Insurance has announced the appointment of Jyoti Vaswani as Chief Investment Officer (CIO). In her new role, she will be responsible for managing the firm’s investment assets, both equity and fixed income.
According to the company, Vaswani brings over 25 years of rich experience in the mutual fund and life insurance industry, having worked as CIO with major life insurance companies, including Future. Generali Life Insurance, Aviva Life Insurance and his most recent stint being with Reliance Nippon Life Insurance Company.
The company also said that Vaswani has expertise in understanding macro-economic environments and analyzing companies’ business models. Prior to entering the insurance industry, Vaswani spent nearly a decade in the mutual fund industry. Over the years, she has gained experience in the areas of investment management, risk management, business strategy, marketing and sales, branding and compliance.
Speaking on the appointment, Anuj Mathur, MD and CEO, Canara HSBC Oriental Bank of Commerce Life Insurance, said, “I am delighted to welcome Vaswani to our leadership team. We are confident that the vast experience she brings with her will take the organization to new heights. We already have a strong female presence in our management team and with Vaswani joining us with her diverse knowledge, insights and energy, we are sure to emerge as a stronger player in the life insurance space. »
Upon his appointment, Vaswani said, “I am delighted to be part of the Canara HSBC Oriental Bank of Commerce life insurance team and look forward to beginning this new journey. Although the past few months have been difficult for the markets, I am delighted to manage the company’s investment and fund portfolio and contribute to the overall sustainable growth of the organization.”
Vaswani, over the years, has received awards and accolades such as “Women Investment Officer of the Year” by Insurance Alertss, “Femina Present World Women Leadership Congress Award” by World Women Leadership Congress, “Top 100 Women in Finance – Leading’ Award by AIWMI to name a few.
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