The Mumbai-based IndiaFirst Life Insurance Company Limited (IndiaFirst Life) elevates Dr. Poonam Tandon as its new Chief Investment Officer, effective August 1, 2020. Being one of the earliest member of IndiaFirst Life, Dr. Poonam has significantly contributed to the organization’s commitment to continuous improvement. In her new role, she will oversee IndiaFirst Life’s investment division and manage asset allocation and investment strategies across asset classes.
Promoted by Bank of Baroda and Union Bank of India, IndiaFirst Life has been experiencing steep growth curve since its inception in November 2009, and ended its FY20 with an AUM of Rs.14,723 crore. IndiaFirst Life offers both group and retail policies that offer customers exposure across Debt and Equity funds.
Commenting on the appointment of Poonam, RM Vishakha, MD & CEO, IndiaFirst Insurance Company, says, “Poonam is a highly qualified and experienced investment leader in the Financial Services sector. She has been instrumental in the advancement of IndiaFirst Life’s growth by bringing in the right combination of investment discipline and passion for innovation. Poonam’s elevation as the CIO is a reflection of IndiaFirst Life’s strong HR policies and people practices. In her new role, Poonam will contribute immensely to our commitment to optimise returns to all stakeholders through appropriate investment strategies.”
Poonam holds over 26 years of experience in the financial services sector. In her decade long association with IndiaFirst Life has managed several portfolios across corporate group funds, traditional and ULIP debt funds, and asset allocation for equity investment.
