Bharti AXA Life Insurance Names Rikhil Shah As Chief Financial Officer
Rikhil K. Shah has been named as the Chief Financial Officer of Bharti AXA Life Insurance. Shah will be responsible for managing the financial operations and overseeing compliance with regulatory standards while assessing and managing financial risks.
Shah previously worked for SBI General Insurance, where he rose through the ranks from vice president of finance to chief financial officer before joining Bharti AXA Life Insurance. Shah, a seasoned CA specialist with 20 years of experience, has worked for firms like Oxford Laboratories, Phillips Carbon Black, and HDFC Ergo Insurance.
Parag Raja, MD & CEO, Bharti AXA Life Insurance, said, “Rikhil’s valuable expertise will further assist the company in its growth journey and strengthen the company’s financial leadership in pursuit of its strategic goals.”
Rikhil K Shah, CFO, Bharti AXA Life Insurance, said, "I am looking forward to work closely with the entire team and leverage the strengths of the company to further enhance its overall performance.”
The Paris-based AXA Group and Bharti Enterprises, one of India's top commercial conglomerates with holdings in financial services, telecom, and agriculture, join forces to become Bharti AXA. According to the legislative framework on ownership in the insurance business, the joint venture now holds a 51% interest from Bharti Group and a 49% stake from AXA.