Reliance Capital’s CEO Sam Ghosh quits

2 weeks ago

Soumen (Sam) Ghosh, executive director and group chief executive officer who has led Reliance Capital Ltd for the last nine years, has quit, the firm said on Friday.

He joined the company in April 2008. Before joining Reliance Capital, Ghosh was the regional CEO of Middle East and India sub-continent region of Allianz, a German insurance company.

Prior to that, he was the CEO of Bajaj Allianz Life and General Insurance and set up operations for Allianz in South East Asia.

He spent ten years in Australia in various senior roles with Allianz – from CFO to managing subsidiary companies as well as setting up operations in the Pacific Rim.

Ghosh is a CA and a mechanical engineer.

Reliance Capital, the financial services holding company for Anil Ambani’s Reliance Group, is yet to decide on a replacement for Ghosh.

Reliance Capital is into various businesses including asset management, insurance, home finance, NBFC and asset reconstruction. It has formed a string partnership with Japan’s Nippon for insurance and asset management business.

It is also looking to take its home finance arm public.

Like this report? Sign up for our daily newsletter to get our top reports.


View Comments
Foreigners Eye Reliance Cap Life Unit

Foreigners Eye Reliance Cap Life Unit

Reuters 7 years ago
Three foreign insurance firms have approached Reliance Capital about buying a stake in its life insurance business before a planned listing, the financial services firm’s...
Reliance Life insurance appoints Anup Rau as new CEO

Reliance Life insurance appoints Anup Rau as new CEO

Bruhadeeswaran R 4 years ago
Anup Rau, senior executive vice president at HDFC Life, has joined Reliance Life Insurance as its chief executive officer. The board of directors of Reliance...
Reliance Capital to divest its non-core assets

Reliance Capital to divest its non-core assets

Bhawna Gupta 3 years ago
Reliance Capital has started the process of unlocking value from investments in non-core sectors to focus on its key financial services businesses, the company said...
No Comments

Reliance Capital’s CEO Sam Ghosh quits

Powered by WordPress.com VIP