Aegon Life Insurance appoints Saba Adil as the Chief Operating Officer

Aegon Life Insurance, the pioneer in online insurance, announced the appointment of Saba Adil as the Chief Operating Officer, with effect from May 2018 to drive the strategic goals and operating plans of the company. Along with this new responsibility, Saba will continue to serve as the Chief People Officer.

In the new role, Saba will be responsible for creating a differentiated and superior customer experience and will continue reporting to the MD & CEO.

Speaking on the development, Mr. Vineet Arora, MD & CEO of Aegon Life Insurance said, “We are very pleased to appoint Saba Adil as the new COO. Her rich experience of over 18+ years in diverse roles including human resources, project management, customer insights and operations will be very relevant and valuable for Aegon Life Insurance. She has led transformational roles in digital innovation; created and launched a well thought business strategy working with a core group of people as well as led a recent project on customer driven innovation. Saba has been a part of the Aegon Life family since inception and we are very delighted to have her in the new role. We are sure that she will play an elementary role in the company’s growth story.”

On her new role, Ms. Saba Adil, Chief People & Operating Officer at Aegon Life Insurance said, “Aegon Life, over the years, has established itself as a digital specialist in the Life Insurance sector. We have constantly redefined the space we operate in and have set a clear vision and roadmap for the benefit of our customers. I am excited about this new role and look forward to be a strategic partner as we continue our growth journey.”

Saba joined the company in 2007 as one of the founding members and has since, played an important role in creating a powerful culture, aligning the organization to company values, building a strong employee value proposition, capability building for a future fit organization and personalized employee experiences. She has been internally and externally recognized as well as awarded in forums for her contributions. She holds a Bachelor’s Degree in Science and a Master’s in HRM, and armed with a Corporate Innovation Certificate Program from LEAD, Stanford.

About Aegon Life Insurance:

Aegon Life Insurance Company Limited launched its pan-India operations in July, 2008 with a vision to be the most recommended new age life insurance Company. The fulfillment of this vision is based upon having a complete product suite, superior technology, providing customized advice and enhancing the overall customer experience. Aegon is one of the world’s  leading financial services organizations, providing life insurance, pensions and asset management and Bennett, Coleman & Company, India’s leading media conglomerate, have come together to launch Aegon Life Insurance. This joint venture adopts a local approach with the power of global expertise to launch products that are focused on providing customers with the means to meeting their long-term financial goals. The company is headquartered in Mumbai serving over 4.4 lakh customers across India.