Neelesh Garg appointed MD & CEO of Tata AIG General Insurance

MUMBAI: Neelesh Garg has been appointed as the new Managing Director and Chief Executive Officer of Tata AIG General Insurance Co Ltd, the company said in a release on Wednesday. Garg takes over the reins from KK Mishra, who retires this September, after being one of the key founder members of the company since way back in 2001.

Prior to this, Garg was the Executive Director at ICICI Lombard General Insurance, where he spent over 12 years. He was instrumental in setting up the retail division in 2003 and in his role, he was responsible for all personal lines business as well as spearheading ICICI Lombard’s foray into international waters. Additionally, he chaired the Analytical Council, IT Governance Council and the Brand Evaluation Committee at ICICI Lombard.

“It is a privilege to associate myself with an iconic brand like Tata AIG General Insurance. It will be my endeavour to sustain the efforts of my predecessors and ensure an even brighter future for the company with knowledge, customer-centricity and technology as the core mantra. As I embark on this journey, I hope to sustain the brand’s rich legacy and further strengthen the brand’s footprint pan-India,” said Garg.

Garg’s predecessor, KK Mishra said, “I’ve had a long happy and rewarding tenure of 15 years with Tata AIG General Insurance. It has been a wonderful journey wherein we’ve overcome challenges and set benchmarks for our peers. I’m sure Neelesh’s expertise and zest will add immense value to the business.”

Garg began his career in 1995 with ICICI Ltd in project appraisals. Subsequently, he worked with Citigroup wherein he was in charge of treasury and mortgages. He has completed his B. Com (Honours) from Shri Ram College of Commerce, Delhi and his PGDBM specialising in finance and marketing from Indian Institute of Management, Bangalore.