MUMBAI: Private sector insurer HDFC Life on Wednesday announced appointment of Vibha Padalkar as the managing director and CEO of the company for a period of three years starting from September 12. This follows the exit of Amitabh Chaudhry to take charge as Axis Bank MD & CEO. HDFC Life has also appointed Suresh Badami as a whole-time director of the company for a period of three years.
Padalkar, a member of the Institute of Chartered Accountants of England and Wales and also a member of the Institute of Chartered Accountants of India, has been with the company since August 2008.