Allianz Insurance Lanka Ltd. appoints Prashant Grover as its new Chief Executive Officer, Country Manager

Allianz Insurance Lanka Ltd is pleased to announce that Prashant Grover has been appointed Chief Executive Officer, effective 1st February 2024. He will also assume responsibility as Country Manager for Allianz Lanka, covering both Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd, whilst serving as the Principal Officer of the first. 

Prashant brings to his new appointment, more than two decades of invaluable experience from the Financial Services and Insurance sectors navigating diverse markets across the world. Having commenced his journey at Allianz in 2007, he has played pivotal roles in various operating entities and countries across Asia and Europe. Leading transformation for Allianz’s commercial business in Asia Pacific and retail business in Thailand, as well as guiding the entry of the Allianz brand into the Vietnamese market, have been critical to the overall strategy of Allianz in Asia. In his recent role as Regional Lead of Business Transformation, Prashant spearheaded Digital, Distribution and Organization Transformation across the insurance value chain.

Prashant Grover said, “I believe that effectively harnessing the resilience and capability within our diverse team at Allianz Lanka, as well as strength of the Allianz Group will allow us to leverage opportunities to grow our business in the Sri Lanka market. Together, we will work to deliver an unparalleled customer experience and create value for all stakeholders.”Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd., collectively known as Allianz Lanka, are fully owned subsidiaries of Allianz SE, a global financial services provider with services predominantly in the insurance and asset management businesses, headquartered in Munich, Germany. The global strength and solid capitalisation of the Allianz Group, coupled with local expertise and business know-how, have been Allianz Lanka’s powerful formula for success. With a legacy of excellence and a commitment to innovation, Allianz Lanka serves the diverse needs of its customers, nurturing a secure and prosperous future.