Jagannathan, quits Star Health Insurance

V Jagannathan, the 78-year-old founder of Star Health Insurance – the country’s first standalone health insurance player – has exited the company that he set up in May 2006. Jagannathan, who resigned from his role as non-executive chairman, plans to set up a new venture.

“There are a lot of avenues. I will finalise and announce my plan shortly,” Jagannathan told. Last month, Jagannathan, who was the company’s chairman and CEO since its inception, had handed over the day-to-day operational responsibilities as planned to Anand Roy, who is now CEO & MD.