Company Overview and Values

The Shriram Life Insurance Company was founded with the objective of reaching out to the “common man” with products and services that would be helpful to him as he sets out on the path to “prosperity”.

Operational efficiency, integrity and a strong focus on catering to the needs of the average Indian , by offering him high quality and cost-effective products and services, are the core values that drive the organisation. These values have been strongly adhered to over the decades and are now an integral part of the organisation’s DNA.

The company prides itself on its deep understanding of the customer. Each product or service is tailor-made to specifically suit the needs of the customer. It is this guiding philosophy of putting people first that has brought the group company closer to the grassroots and has made it the preferred choice for all truck financing requirements amongst the customers.

BOARD OF DIRECTORS

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Mr. T. S. Krishna Murthy

Chairman

Mr. T. S. Krishna Murthy

Chairman

Mr. T. S. Krishna Murthy, an IRS officer is the Chairman of SLIC. He was appointed as the Election Commissioner in January 2000 after a long stint of over 36 years in civil services. He is the first officer from the Indian Revenue Service (IRS) to become a Secretary to the Government of India (1997-2000) and later the Election Commissioner (2000-2004). He was also appointed as the Chief Election Commission of India from February 2004 to May 2005.

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Mr. Casparus J H Kromhout

Managing Director and CEO

Mr. Casparus J H Kromhout

Managing Director and CEO

An industrial engineer with ISCOR mining, Mr. Kromhout joined Sanlam in 1997. His work largely focused on project portfolio value management. Since his appointment as COO of Shriram Life in 2010, he has driven all the key projects in building organisational capabilities and preparing the company for a better future. Mr. Kromhout was appointed Managing Director, CEO and Principal Officer in December, 2015.

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Mr. Manoj Jain

Managing Director

Mr. Manoj Jain

Managing Director

As the MD of Shriram Life Insurance Ltd, Mr. Manoj Jain has led the company’s success in recent years. He has over 27 years of experience in financial services, with over 15 years in life insurance. He has worked with HDFC Standard Life, Tata Motor Finance and 20th Century Finance Group. He was awarded‚ ‘CEO of the year‘ at ABP News - Banking, Financial Services & Insurance Awards, in February 2015.

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Smt. Akhila Srinivasan

Director

Smt. Akhila Srinivasan

Director

Previously the Managing Director of Shriram Investments Ltd., Smt. Akhila Srinivasan was nominated as one amongst the 25 most powerful business women in the country by Business Today magazine. She handles key responsibilities at the Group level and has pioneered many social welfare programmes.

OTHER DIRECTORS

Mr S Lakshminarayanan holds Master’s degree in Science in Chemistry and post graduate diploma from University of Manchester (U.K.) in Advanced Social & Economic Studies. He is a member of the Indian Administrative Service (IAS-retired) and as such held several senior positions in the Ministry of Home Affairs, Ministry of Communications and Information Technology, Ministry of Information and Broadcasting of the Government of India and in the Department of Tourism, Culture and Public Relations, Department of Mines, Mineral Resources, Revenue and Relief and Rehabilitation of the Government of Madhya Pradesh. He has served as Director on the Board of Directors of several Public Sector Undertakings in the State of Madhya Pradesh. He is currently serving as director in various public and private companies.

Mr. R S Krishan is a Chartered Accountant (Institutes of Chartered Accountants of India and England & Wales (1986)).He has over 31 years of experience with Mergers & acquisitions (M&A), private equity, capital markets (both Equity Capital Markets and Debt Capital Markets), securities/ cash equities, restructuring, structured finance, acquisition finance and similar lending activity and experience in Insurance industry.

Mr Steven Phillipus Mostert has Graduated from the University of Stellenbosch, obtained a MBA from the same university, and also holds an Honours Degree in Educational Psychology from the University of South Africa. He has over 26 years’ experience in financial services. He has extensive experience in line management and delivering large transformation projects. He was instrumental in Sanlam's entry into India. He played the leading role in the implementation of a very successful Bancassurance programme across 5 African countries and Sanlam's entry into Nigeria. He is a member of the Sanlam Emerging Markets EXCO and serves on the Shriram General and Shriram Life Insurance.

Mr Umesh Govind Revankar holds Bachelor's degree in Business Management from Mangalore University and a Master of Business Administration (MBA) in finance. He attended the Advanced Management Program at Harvard Business School. He has been associated with the Shriram group for the last 29 years and has extensive experience in the financial services industry. During his stint with the Shriram Group, he has shouldered various responsibilities and worked in several key roles of business operations. He is also the President of the Federation of Indian Hire Purchase Associations.

Mr Duruvasan Ramachandra holds Bachelor's degree in Commerce. Mr.Duruvasan Ramachandra is a Commerce Graduate has been serving the Shriram Group for more than 3 decades. He has started his career with Shriram Chits at Chennai in the collection department and has worked his way up to being CEO and Executive Director of Shriram Chits P Ltd, Hyderabad. He was instrumental in the growth of the Company during his stint at Hyderabad and has expanded the Company from 16 branches to 202 branches. During his tenure the Company flourished as the largest chit fund Company in the country. In terms of Auction Turnover, No of Branches, Manpower and Customer base, his contribution paved way for the Shriram Group to expand its Deposit and NCD portfolio. Mr. Duruvasan was the Managing Director and Principal Officer of M/s Shriram Life Insurance Company Limited. He also serves on the Board of M/s CES Limited, He has been inducted as Wholetime Director in Shriram Capital on 18th November, 2019.

Mr Daniel Hermanus Gryffenberg holds B.com(Hons) from University of Stellenbosch. Danie Gryffenberg is the current Head of Product Management within Sanlam Personal Finance (SPF) Actuarial where he is responsible for the pricing, experience investigations, reinsurance strategy and management and systems testing of most products of Sanlam Life. He was appointed in this role in January 2018 and has been with Sanlam since 2006.

Sanjeev Mehra is a Director at TPG Capital Asia where he covers the Financial Services and Consumer sectors. He is based in Mumbai and has over 10 years of investing experience. Mr.Sanjeev has an MBA from London Business School and an undergraduate degree in Economics from Delhi University. He was appointed in the capacity of Non-Executive, Non-Independent Director of the Company in August, 2020.

MANAGEMENT TEAM

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Mr. T. S. Krishna Murthy

Chairman

Mr. T. S. Krishna Murthy

Chairman

Mr. T. S. Krishna Murthy, an IRS officer is the Chairman of SLIC. He was appointed as the Election Commissioner in January 2000 after a long stint of over 36 years in civil services. He is the first officer from the Indian Revenue Service (IRS) to become a Secretary to the Government of India (1997-2000) and later the Election Commissioner (2000-2004). He was also appointed as the Chief Election Commission of India from February 2004 to May 2005.

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Mr. Casparus J H Kromhout

Managing Director and CEO

Mr. Casparus J H Kromhout

Managing Director and CEO

An industrial engineer with ISCOR mining, Mr. Kromhout joined Sanlam in 1997. His work largely focused on project portfolio value management. Since his appointment as COO of Shriram Life in 2010, he has driven all the key projects in building organisational capabilities and preparing the company for a better future. Mr. Kromhout was appointed Managing Director, CEO and Principal Officer in December, 2015.

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Mr. Manoj Jain

Managing Director

Mr. Manoj Jain

Managing Director

As the MD of Shriram Life Insurance Ltd, Mr. Manoj Jain has led the company’s success in recent years. He has over 27 years of experience in financial services, with over 15 years in life insurance. He has worked with HDFC Standard Life, Tata Motor Finance and 20th Century Finance Group. He was awarded‚ ‘CEO of the year‘ at ABP News - Banking, Financial Services & Insurance Awards, in February 2015.

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Smt. Akhila Srinivasan

Director

Smt. Akhila Srinivasan

Director

Previously the Managing Director of Shriram Investments Ltd., Smt. Akhila Srinivasan was nominated as one amongst the 25 most powerful business women in the country by Business Today magazine. She handles key responsibilities at the Group level and has pioneered many social welfare programmes.

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Mr. G. Vaidyanathan

Executive Director

Mr. G. Vaidyanathan

Executive Director

An IIM – A alumnus Mr. G. Vaidyanathan is also a member of the Institute of Costs and Works Accountants of India and a member of the Institute of Company Secretaries. He has industry experience panning over three decades with most of it in manufacturing and financial service sectors including a brief stint in Dubai. As the CFO, he handled accounting, finance and all corporate services.

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Mr. S. P. Raghunathan

Chief Underwriter

Mr. S. P. Raghunathan

Chief Underwriter

A Shriram veteran, Mr. Raghunathan is a fellow of the Insurance Institute of India and worked with LIC for 27 years and with the Shriram Group for another 27 in various capacities. He is involved in guiding and mentoring the Underwriting, Claims and Legal teams and also acts as a bridge linking the Sales teams and HO. A firm believer in empowering people, he has nurtured highly competent and business savvy teams within these groups.

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Mr. Johannes G V Helsdingen

Appointed Actuary and Chief Risk Officer

Mr. Johannes G V Helsdingen

Appointed Actuary and Chief Risk Officer

Mr Johannes G V Helsdingen joined Shriram Life insurance in 2017 and was appointed as the Chief Risk Officer and Appointed Actuary in March 2019. He has earlier worked with Sanlam, South Africa and has over 20 years of experience in Actuarial and Risk Management ranging in insurance valuations, actuarial risk management, financial soundness of the organisation, actuarial reporting etc. He is a Fellow of the Institute of Actuaries (UK), and Fellow of the Actuarial Society of South Africa with specialist application in Life insurance.

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Mr. Ajit Banerjee

Chief Investment Officer

Mr. Ajit Banerjee

Chief Investment Officer

Mr. Ajit Banerjee is a Master in Business Administration with specialization in Finance & is an Associate Member of Insurance Institute of India.
He has over 27 years of overall experience in various Organisations of repute across various sectors in the fields of Investments, Financial Control, Management Accounting etc. with ABB, RPG Group, HDFC Ergo, Bharti AXA and RSA Group Plc. He has been in the Insurance Sector from 2006 onwards in the domain of Investment and Treasury.
Prior to joining us, Mr. Ajit Banerjee has worked as Chief Investment Officer in Bharati Axa & as Financial Controller and Head Investments at Royal Sun Alliance, Oman.

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Mr.Brahmaiah Telaprolu

Mr.Brahmaiah Telaprolu

Mr Brahmaiah Telaprolu joined Shriram Life Insurance in early 2021 as the Chief Financial Officer. He possess a rich experience of over 30 years in the area of Finance and Accounts having worked in diverse industries, including manufacturing, financial services and the power sector. He has also worked in Shriram Transport Finance as a Senior Vice President – Finance & Accounts. Prior to joining SLIC he has worked as a CFO with MB Power.

KEY PERSONS

Sr. No. Name Designation
1 Mr. Casparus Jacobus Hendrik Kromhout Managing Director & CEO
2 Mr. Manoj Kumar Jain Managing Director
3 Mr. Brahmaiah Telaprolu Chief Financial Officer
4 Mr. Johannes Gilliam van Helsdingen Appointed Actuary & Chief Risk Officer
5 Mr. Ajit Banerjee Chief Investment Officer
6 Ms. Samatha Kondapally Company Secretary & Chief Compliance Officer