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MAM

Tata AIA Life Insurance ropes Amitabh Verma as COO

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MUMBAI: Tata AIA Life Insurance Company (Tata AIA Life) has added a new member to its senior management team with the appointment of Amitabh Verma as its chief operating officer (COO).

 

Based out of the company’s headquarters in Mumbai, Verma will primarily be responsible for driving operational excellence across the company, and shall be reporting directly to Suresh Mahalingam, the CEO of the comany.

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Operational Excellence includes design, implementation and improvement of policies and procedures that Tata AIA Life uses to create and deliver its solutions.

 

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“I am very excited to help lead the company to its next phase of innovation through operational excellence initiatives, which will be a key part of the strategy of Tata AIA Life going ahead. Working together, we will not only accelerate the adoption of Right technologies and processes, but also do so in a way that delivers long-term value to customers and shareholders alike,” said Verma.

 

Verma is an engineer and a management graduate from institutes of highest repute. He has over 23 years of experience in the Insurance and Information Technology business. Most recently, he served as the chief operating officer of Birla Sun Life Insurance, where he was responsible for scaling up the business and, developing and deploying strategies for growth.

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Verma has had a stint with Tata AIA Life during 2001 to 2005. He also worked with the AIA Group in Hong Kong from 2006 to 2008 as IT and operations vice president.

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MAM

Visa appoints Suresh Sethi as India country head

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MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.

The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.

Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.

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His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.

As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.

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