Kotak Mahindra Life Insurance Company Limited (KLI) on 1st May announced it has appointed Mahesh Balasubramanian as managing director of the company. He has been appointed following the retirement of G Murlidhar.
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The company is in receipt of approval from the Insurance Regulatory Development Authority of India for the appointment of Balasubramanian. The appointment is for a period of three years. Suresh Agarwal has been elevated to MD & CEO of Kotak General Insurance.