Key Appointment Details

  • 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
  • Total experience: 26+ years in Finance
  • Prior work experience: Aviva Life Insurance