About Us
Who We Are
An unparalleled union of financial expertise, knowledge, strength & trust.
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of the leading public sector banks - Canara Bank (51%) and Oriental Bank of Commerce (23%) and HSBC Insurance (Asia Pacific) Holdings Limited (26%), the Asian insurance arm of one of the world's largest banking and financial services group - HSBC. The Company has access to over 115 million customers and a pan-India network of over 10,000 branches of bank partners.
Our Promoters
Together nothing is impossible.
Canara Bank
- PSU established in 1906, holds 51% share in the JV
- Distribution network of 6083 branches (as on 31st March, 2017)
- One of the largest nationalized banks in India in business volume
HSBC
- Holds 26% share in the JV through HSBC Insurance (Asia-Pacific) Holdings Limited
- International Bank established in 1865, serve more than 45 million customers
- 4400 offices in 71 countries and territories
OBC
- PSU established in 1943, holds 23% share in the JV
- Distribution network of 2251 branches (as on 31st March, 2015)
- AA+/FAAA/P1+ from CRISIL
Why Choose Us?
The Company was launched on 16 June 2008 and is a Joint Venture between Canara Bank (holding 51%), HSBC Insurance (Asia Pacific) Ltd (holding 26%), the Asian insurance arm of one of the world's largest banking and financial services groups - HSBC and Oriental Bank of Commerce (holding 23%).
Our Guiding Principle
Principles that we keep close to our heart
Bancassurer
Open
Connected
Dependable
Our Team
Our Management Team and Key Persons
Anuj Mathur
Managing Director & Chief Executive Officer
Anuj is a founding member of the Company having joined in 2007 to lead Legal, Compliance & Risk and Corporate Governance, before becoming the CFO in 2009 and later on taking over as the CEO of the Company on 1st July 2015.
Tarannum Hasib
Chief Distribution Officer
Tarannum Hasib has over 18 years of cross functional experience in Financial, Retail Sales, Corporate Sales, Business Development, Building Sales Model and Strategy for Retail and Commercial business of Life Insurance and Non-Life Insurance companies.
Tarun Rustagi
Chief Financial Officer
Tarun Rustagi is bringing over 20 years of extensive financial, operational and strategic experience. He joined Indian Life Insurance space in 2002 and worked with some of the leading Life Insurance Companies in India and overseas like Max Life, PNB MetLife, HSBC and AXA.
Sachin Dutta
Chief Operating Officer
Sachin has been with the organization since July 2008. He is spearheading Operations, Customer Servicing, Information Technology and Business Retention functions. Prior to this role he has served as the Chief Risk Officer at the Company for over 3 years where he significantly contributed to Company's risk management framework and practices.
Kiran Yadav
Chief People Officer
A seasoned HR professional with over 17 years of experience, Kiran has spent over 12 years in the Insurance sector. She has worked in complex business environments and possesses ability to work on intricate business issues.
Siddharth Kaushik
Chief Risk Officer
Siddharth is responsible for developing and implementing the risk management framework in line with regulatory requirements and international best practices; formulating risk policies and risk appetite statement; institutionalization of standards and methodologies to support effective management of risks within the organization.
Vikas Anand
Chief Compliance Officer
Vikas Anand is a Chartered Accountant. He is responsible for developing and managing a compliance and legal framework and providing business enabling solutions. He is also responsible for the delivery of risk-based audits and establishing international best practices.
Anurag Jain
Chief Investment Officer
Anurag is an investment professional with over 15 years of extensive experience and has been with our company for more than six years. Prior to his current role, he was heading Equity investments at our company.
Vatsala Sameer
Company Secretary
Vatsala was appointed as the Company Secretary of the Company in March 2015. She was working in the Corporate Governance function since March 2011 and has handled the various corporate governance responsibilities since then, including the successful implementation of the new Companies Act.
Akshay Dhand
Appointed Actuary
Akshay has been with Canara HSBC Oriental Bank of Commerce Life Insurance for almost 9 years. He initially joined the organization as the Head of the Pricing Team and in his last role was heading the Corporate Actuarial Team.
Rishi Mathur
Head - Products and Strategy
Rishi has been with the organisation for more than five years now. He is responsible for the end-to-end product strategy and also for the overall strategy of the Company.
Ritesh Rathod
Head - Business Performance Management
Ritesh has been with the Company since June 2011. He has rich experience of more than 15 years and is responsible for monitoring of key performance metrics, Project Management, Quality Assurance & Process Improvement and Public relations.
Vikas Gupta
Chief of Internal Audit
Vikas Gupta is a Chartered Accountant, and has completed CISA and CPA (USA). He is responsible for delivery of risk-based audits as per the audit plan approved by the Audit Committee.
Anuj Mathur
Managing Director & Chief Executive Officer
Tarannum Hasib
Chief Distribution Officer
Tarun Rustagi
Chief Financial Officer
Sachin Dutta
Chief Operating Officer
Kiran Yadav
Chief People Officer
Siddharth Kaushik
Chief Risk Officer
Vikas Anand
Chief Compliance Officer
Anurag Jain
Chief Investment Officer
Vatsala Sameer
Company Secretary
Akshay Dhand
Appointed Actuary
Rishi Mathur
Head - Products and Strategy
Ritesh Rathod
Head - Business Performance Management
Vikas Gupta
Chief of Internal Audit
Achievements
We strive to achieve excellence.
- Life Insurance Simulator (LIS)
- Dispatching digital policy along with paper policy
- 'Straight Through Processing' (STP)
- Persistency Initiative - Online Revival of Policies
- Demonstrating Profitability in 5th Year of Operations
Awards & Recognition
A journey that reflect the company's
inherent strengths.
Canara HSBC Oriental Bank of Commerce Life Insurance Company has been conferred with significant accolades and recognition on its journey that reflect the company's inherent strength and success of the bancassurance business model.
Corporate Social Responsibility
We care & we are concerned.
WE GIVE BACK TO THE SOCIETY
Canara HSBC Oriental Bank of Commerce Life Insurance Company is committed to more than just giving back to the society or community within which it operates and focuses on doing well by doing good.
