Mr Indu Swaroop appointed as Chief Financial Officer of Canara HSBC Life Insurance Company Limited
Effective date of appointment: 25th November 2026
Designated as Key Managerial Personnel (KMP) and Senior Management Personnel
Replaces Mr Tarun Rustagi who resigned as Chief Financial Officer
Mr Rustagi's last working day with the Company: 24th November 2026
Board Approval Process
Approved by Board of Directors in meeting held on Thursday, 12th November 2026
Meeting commenced at 12:30 p.m. IST and concluded at 1:05 p.m. IST
Based on recommendations from Nomination & Remuneration Committee and Audit Committee
Professional Profile of Mr Indu Swaroop
Currently serving as Financial Controller of the Company, supporting the Chief Financial Officer
Responsibilities include handling statutory audits, overall tax compliances, finance operations, risk control assessment, and regulatory compliances relating to financial reporting
Was part of IPO core working group that ensured successful listing, responsible for managing various aspects of the listing process
Joined the Company in 2008 as one of the Founder Members
Previously held roles including Head of Treasury and Banking Operations