Vishakha RM Honored With 2024 IIS Vanguard Award
14 Mayo 2024 - 1:00PM
Business Wire
The International Insurance Society (IIS) has named Vishakha RM,
MD and CEO of IndiaFirst Life Insurance, the Vanguard Market
Development Award 2024 honoree. Vishakha will be formally honored
at an awards ceremony on Nov. 17, 2024, at the Hyatt Regency Miami.
The awards ceremony kicks off the Global Insurance Forum, running
from Nov. 17-19.
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Vishakha RM, MD and CEO, IndiaFirst Life
Insurance, is the Vanguard Market Development Award 2024 honoree
from the International Insurance Society. (Photo: Business
Wire)
The Vanguard Market Development Award recognizes leaders who
have made exceptional strides in advancing the development of
insurance in an underserved market or emerging economy. Recipients
are recognized for their innovative approaches, leadership, and
commitment to driving positive change. Nominees for the Vanguard
Market Development Award are submitted by insurance executives and
evaluated for selection by the IIS Executive Council, a body of
senior insurance executives representing all sectors of the
industry across a broad range of markets.
Vishakha RM is a seasoned leader in the insurance industry with
a proven track record of driving strategic growth and innovation.
With over three decades of experience, she has consistently
demonstrated a results-oriented approach, particularly in
challenging conditions such as start-ups, restructuring, and
reorganization. Notably, her tenure as MD and CEO at IndiaFirst
Life saw significant strides in bancassurance, where she pioneered
innovative models that accessed customers at their preferred point
of sale.
Vishakha's strategic acumen and commitment to achieving a
balance between functional and company objectives have earned her
widespread acclaim. Her accomplishments include the establishment
of the retail bancassurance model and the development of robust
Group Insurance business frameworks.
In addition to the Vanguard Market Development Award, Vishakha
has been honored with the Individual Achievement Award by ASSOCHAM
and the CA Business Leader - Woman Award by the Institute of
Chartered Accountants of India. She has also been recognized as one
of the "Most Powerful Women in Business" by esteemed publications
such as Fortune, Forbes, and Business Today.
Beyond her corporate achievements, Vishakha has emerged as a
thought leader within the BFSI (banking, financial service,
science, insurance) fraternity, sharing insights and philosophies
aimed at inspiring the next generation of leaders. Her
contributions have garnered widespread acclaim from both the public
and social media spheres.
She has been the co-chair of the Confederation of Indian
Industry (CII) National Committee on Insurance and Pension for
close to 5 years, contributing to the development of the
industry.
“This recognition underscores Vishakha's unwavering dedication
to driving positive change and innovation in the insurance sector,
cementing her position as a visionary leader and a catalyst for
growth,” says Josh Landau, President of the International Insurance
Society. “Her dedication, innovation, and commitment to excellence
converge to pave the way for transformative change in the insurance
sector, inspiring growth and opportunity.”
About International Insurance Society: IIS is a diverse
and inclusive platform for all stakeholders of the global insurance
and risk management community, providing knowledge, research,
thought leadership and connectivity to support the betterment of
society. Founded in 1965, IIS is a global not-for-profit
organization that serves as a neutral platform for active
collaboration and examination of issues that shape the future of
the insurance industry. IIS is an affiliate of The Institutes.
About The Institutes: The Institutes are a global
not-for-profit comprised of diverse affiliates that educate,
elevate, and connect people in the essential disciplines of risk
management and insurance. Through products and services offered by
The Institutes’ nearly 20 affiliated business units, people and
organizations are empowered to help those in need with a focus on
understanding, predicting, and preventing losses to create a more
resilient world.
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Colleen McKenna Tucker Executive Director, International
Insurance Society +1 212 277 5164
cmckenna@internationalinsurance.org