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Singhel has already completed 10 years as the MD & CEO of the company

Mumbai, NFAPost: Bajaj Allianz General Insurance, the second-largest private sector general insurer, has extended the tenure of Tapan Singhel, the current managing director & chief executive officer (MD&CEO) of the company, by another five years, effective April 1, 2022.

Tapan Singhel has already completed 10 years as the MD & CEO of the company.

Under Tapan Singhel, the company has achieved a cumulative underwriting profit of over Rs 350 crore, grew its revenue at a compounded annual growth rate (CAGR) of 16%, net profit at a CAGR of above 30%, the company said.

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