Munich Re has announced the appointment of Surbhi Goel as CEO of its India Branch, effective from October 2024, pending regulatory approval. Surbhi will oversee Munich Re's Property and Casualty reinsurance business in India, succeeding Hitesh Kotak, who will assume a broader role covering Japan, India, Korea and South East Asia from 1 July 2024. Munich Re is globally renowned for its expertise in reinsurance, primary insurance, and risk management solutions.
Surbhi, who currently leads the Property and Casualty South East Asia business, brings extensive experience in the Indian insurance market, having held senior roles at a leading insurer since 2008. Her appointment marks a significant milestone as she becomes Munich Re's first female CEO in India.
Surbhi expressed enthusiasm for the opportunity to drive Munich Re's growth in the Indian market, emphasising the dynamic environment and the dedicated team she will be working with. She stated, "Having the opportunity to work in a dynamic market environment with a highly motivated team in a well-positioned branch is an amazing opportunity."