Religare Enterprises Announces Appointment of Ajay Kumar Shah as Managing Director & CEO of Material Subsidiary CHIL
Published on: April 26, 2026, 10:55 p.m. | Source: scanx.trade
Religare Enterprises Limited has appointed Mr. Ajay Kumar Shah as Managing Director & CEO of its material subsidiary Care Health Insurance Limited (CHIL) for a five-year term starting April 26, 2026. The appointment, approved by CHIL's Board on November 11, 2025, and cleared by IRDAI, is part of the company's internal succession plan. Mr. Shah brings over 30 years of insurance and financial services experience, having served CHIL for 14 years in various leadership roles, during which the company's GWP grew more than thirtyfold under his guidance.
