Kshitij Jain becomes new MD of ING Vysya Life

MUMBAI: Kshitij Jain is the new managing director and CEO of ING Vysya Life. He takes over from Frank Koster, the head since ‘04.

This is the first time that the insurance company will have an Indian MD & CEO. Mr Foster is going back to a senior position at ING’s headquarters in Amsterdam.

Mr Jain has been with ING Vysya since its inception in ‘01, and was primarily responsible for sales and distribution.

At 38, he has over 18 years of experience in the life insurance, office automation and consumer durable sectors.