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Here’s a look at our team

Chairman of the Board and Independent Director

Luis is the Chairman of Indian School of Public Policy and CORO.

Luis is a non-executive director at ManipalCigna and he is actively involved with non-profits organizations. He also serves as a senior advisor at Morgan Stanley Infrastructure and is on Chicago Booth’s Global Leaders Group.

He has also been involved with setting up two highly successful companies – HDFC Bank and IDFC Private Equity and is a member of the Institute of Chartered Accountants of India

Non-Executive Director

Dr. Ranjan Pai is the Chairman of the Manipal Education and Medical Group (MEMG), the corporate holding entity of the Group that focuses on education, healthcare and research.

Dr. Pai’s vision and dynamic entrepreneurial skills, coupled with a strong focus on innovation and implementation, have enabled the MEMG to become a major global player in the areas of education, healthcare and research.

Dr. Pai restructured the entire Group in line with the global business environment, to meet, anticipate and take on new challenges. He has played an instrumental role in corporatizing the MEMG by bringing in professionals at the management level and has taken its Education and Healthcare businesses to impressive heights, attracting private equity capital in the process.

Dr. Pai is also the President & Chairman of the Manipal Academy of Higher Education Trust, which runs the University and not for profit initiatives of the Group.

Non-Executive Director

Jason Sadler is the President of Cigna International Markets at Cigna Corporation, a global health service company dedicated to improving the health, well-being, and peace of mind of those it serves.

Sadler has successfully led Cigna’s entry in India and Turkey, and directed the acquisition of Zurich Insurance Middle East. Under his leadership, the International Markets business has doubled in size over the past six years.

He has expanded Cigna’s offering including the company’s Global Individual Private Medical Insurance business for high-net-worth globally mobile individual employees and retirees.

Non–Executive Director

T T Jagannathan is the Chairman of the Indian business conglomerate TTK Group. Gifted with the right combination of knowledge and leadership, Mr. Jagannathan represents a generation of Indian business leaders who are making India globally competitive.

Under his leadership, today the TTK Group is widely recognized across India and has created a niche in the market place for consumer soft, consumer durables and healthcare products. Over the past several decades, he has played a pivotal role in bringing simple and useful technologies within the reach of Indian families.

Mr. Jagannathan is very active in Social and Educational fields. In collaboration with the Indian Institute of Technology, Madras, in 2015 he helped set up the TTK Center for Rehabilitation Research & Device Development (R2D2) and is the Chief Patron of Institutions such as TTK Hospital, T.T. Ranganathan Clinical Research Foundation, Addiction Research Centre, Madras Voluntary Blood Bank, Rotary-TTK Blood Bank and T.T. Narasimhan-Swami Dayananda College of Arts & Science.

Non-Executive Director

S Vaitheeswaran ("Vaithee") is the Chief Executive Officer of Manipal Education & Medical Group (MEMG) and Board Member, Manipal Global Education Services.

Vaithee is actively involved in the “Group Strategy” and works closely with the Units in setting directions and reviewing the goals. Vaithee is responsible for identifying and building future growth engines, including new campuses, investments, and acquisitions for the company. He supports the Investee companies by working with the Promoters as an Advisor or a Board member.

Vaithee has rich experience, of more than 35 years in the corporate world, in areas of Sales & Marketing, Supply Chain Management, Operations, and Global Marketing.

He is deeply interested in recent disruptions in the Higher Education space and is ensuring all the Group Units/ Universities are ready to harness “Edtech” as the new way of imparting Learning/ Education.

Vaithee is a member of the Industry bodies (CII/BCIC/FICCI) and contributes to the policy wing of these organisations.

Non-Executive Director

Jerome is the Chief Executive Officer of Cigna in the Middle East & Africa (MEA) region, Board Member for Cigna’s operations in India and Turkey, and Senior Executive Officer & Chairman of Cigna Insurance Management Services Board in the Dubai International Financial Centre (DIFC).

In his capacity, he is responsible for advancing the company’s operations as the premier provider of both health and wellness insurance services to individuals, groups and government entities across the MEA region, Turkey and India. In addition, he oversees Cigna’s locally regulated offices in the Middle East and Africa and the implementation of high-level strategies for ensuring the long-term profitable growth of the organization.

Jerome has an illustrious career spanning over three decades, during which time he has held various management positions in the insurance sector, across multiple geographies and businesses.

Independent Director

Meena Ganesh is the Co-founder, Managing Director & Chief Executive Officer at Portea Medical.

Meena is a non-executive director at ManipalCigna and serves on the Board of directors of Axis Bank, P&G Health and Hygiene and Pfizer Limited. She was part of the Board of Governors of the Indian Institute of Management-Calcutta.

She is one of India's foremost business leaders and most successful entrepreneurs with nearly three decades of experience in industries including healthcare, consulting, technology, outsourcing, education and e-commerce.

Independent Director

Rajeev Chitrabhanu is the founder of Magnetic, an advisory lead investment firm. Prior to that he was the CEO of JM Financial Services (erstwhile JM Morgan Stanley) where he build new businesses from securities lending, wealth, brokerage besides taking over 30 companies public.

Rajeev has served on the advisory board of venture capital firms such as TPG, Bessemer Venture, Kae Capital for several years.

Personally, he has a strong investment track record in consumer, tech and health-oriented companies - all of whom have gone on to raise Institutional capital and scale to leadership positions.

Independent Director

Dr. Narottam Puri is the Ex-chairman, NABH & Advisor- Health Insurance at FICCI.

He is an advisor with FICCI Health Services Committee and also serves as an Advisor – Medical Value Travel Committee of FICCI. He is an Advisor, Medical at Fortis Healthcare Ltd. He is the Chairman, Fortis Medical Council and Emeritus consultant – ENT & Head and neck surgery at Fortis.

He is an honorary professor and advisor with the Indian Medical Association. He is a board member at NABH and Chairman, Appeals Committee at NABH.

He has worked extensively with both the government at the center and IRDAI, also with both private healthcare delivery and private healthcare insurance providers.

Managing Director & Chief Executive Officer

Prasun Sikdar is the Managing Director & Chief Executive Officer at ManipalCigna Health Insurance Company Limited.

Prasun has over two and half decades of experience spanning leadership roles in large and diverse organizations across BFSIs, Life Insurance, Health Insurance, Banking, and Credit cards. In this role, Prasun is responsible for overseeing growth, profitability and sustainability for ManipalCigna Health Insurance.

He has a substantial experience in the field of financial services & insurance industry along with on-the job cross functional and cross industry experience across several portfolios including Operations & Underwriting, Bancassurance, Agency, Alternate Distribution, Health Business and Sales Strategy.

Managing Director & Chief Executive Officer

Prasun is responsible for overseeing the Company’s growth, profitability and sustainability. Before joining ManipalCigna, he was Group President and Global Head at Yes Bank, where he managed and grew key bancassurance and mutual fund alliances and partnerships. Prior to this he was a founding member and Senior General Manager – Chief Sales & Distribution at ICICI Prudential Life Insurance. During his tenure with ICICI Prudential Life Insurance, he worked across several portfolios including Operations & Underwriting, Bancassurance, Agency, Alternate Distribution, Health Business and Sales Strategy. Before ICICI Prudential Life, he has been associated with GE Capital (SBI Cards) and Citicorp. Prasun holds a master's degree in economics from the Kolkata University, and comes with a substantial experience in the field of financial services & insurance industry along with on-the job cross functional and cross industry experience.

Chief Financial & Technology Officer

Manoj spearheads Company’s Finance, Treasury, IT and Digital functions. Before joining ManipalCigna, he has worked with GE Capital & Fullerton Securities servicing across their India, Europe and Taiwan markets. Prior to this, he has held the position of Chief Finance Officer (CFO). Manoj is a postgraduate in Management from the Indian Institute of Management, Bangalore. He has completed his Accredited Coach Training Program (ACTP) with International Coach Federation (ICF).

Chief Distribution Officer

Shashank plays a pivotal role in driving Company’s enterprise strategy and is responsible for driving multi-channel distribution, online sales, renewal & retention & sales strategy including rewards & recognition. Before joining ManipalCigna, he was associated with ICICI Prudential Life Insurance Company Ltd as an Executive Vice President handling Group and Partnership Distribution business. At ICICI Prudential, he was instrumental in delivering consistent, profitable growth and leadership, across diverse roles. Shashank is an Engineer along with Post-Graduation in Marketing from one of India’s elite management college and he has deep work experience and industry knowledge in distribution channels like Agency, Banc-assurance & Alliances, Corporate Agency & Broking, Direct Marketing, Group Business, Online Sales and Sales Strategy.

Appointed Actuary and Chief of Products, Pricing & Analytics

Joydeep heads the Actuarial function including Analytics and Product Development for the organization. His key responsibilities include Product design, Pricing, Experience Monitoring, Reinsurance, Reserve & Solvency adequacy. Before joining ManipalCigna, he has held key management positions in Max Bupa Health Insurance and Religare Health Insurance and has also worked in General Insurance and Reinsurance domain. Joydeep is a Fellow of Institute of Actuaries of India and has acquired his masters degree from Indian Institute of Technology, Mumbai. He is also a member of Health care advisory committee of Institute of Actuaries of India.

Chief Operating Officer

Priya is responsible for Health Risk Management, Underwriting, Claims, Wellness, Customer Service, Provider Network, Business Excellence and Business Operations for both Retail and Group Business of ManipalCigna. Before joining ManipalCigna, she was associated with Max Bupa Health Insurance as the Senior Vice President & Head – Health Risk Management. Prior to this assignment, she has also held key positions including business operations & sales for India Business at United Health Group, head of operations for Cognizant Technologies, Strategic Accounts at ETA Star Group India Operations, Global Telecommunications, Spyrance, CBay Affiliates. Priya brings rich and diverse experience in Health Insurance and Healthcare industry and has also spearheaded offshore projects like Zurich Insurance, Aetna, Assurant, Wellpoint, Wellmark and Fireman’s Fund Insurance. Priya holds Bachelors in Microbiology Honors from Mumbai University, alumni of IIM Lucknow. She also holds a certified AAMT Medical Transcriptionist’s degree, a qualified Six Sigma Quality degree and Lean Bronze Certification.

Chief Human Resources Officer

Reena is responsible to drive people agenda of the organization and she is highly proficient in shaping and grooming acquired talent and existing employees into future leaders. Before joining ManipalCigna, she has been a front-runner in the field of human resources and was associated with high profile companies such as NIIT, Tata Teleservices Ltd, ABN AMBRO and Bharti Airtel Ltd. Reena has completed her MBA from University of Indore and since then has acquired ample work experience and understanding of the field by working with industry stalwarts.

Chief Compliance & Risk Officer, Head Legal & Secretarial

Sameer is responsible for supporting the Company’s overall compliance & legal affairs, achieving a high level of operational efficiency and ensuring adequate controls to mitigate compliance and legal risk. Before joining ManipalCigna, he has held senior leadership roles in insurance companies like HDFC Standard Life Insurance, Apollo Munich Health Insurance and ICICI Lombard. His expertise lies in setting up processes for establishing and strengthening compliance framework. He also has rich experience in the areas of internal control measures in line with statutory, regulatory and company’s group best practice requirement. In addition to MBA, Sameer holds degrees in LLM and FIII (2011) and has in-depth knowledge in the field of Compliance & Corporate Legal management.

Head – Marketing and Communications

Sapna is responsible for developing and implementing the overall Marketing and Brand Strategy to drive the growth agenda for the organization. She leads the Consumer Insights, Brand Strategy and Media, Corporate Communication, Channel and Digital Marketing functions. Before joining ManipalCigna, she was responsible for providing strategic direction and leadership for financial brands at Ogilvy Advertising, Mumbai. She has also worked across service industries; including ING Life Insurance, Indian School of Business and BPL Mobile in various marketing roles. Sapna has rich experience in all aspects of direct, mass and digital marketing besides having managed some of the largest and respected brands. She also has experience in business development and product management in the services sector. Sapna is a commerce graduate with an MBA from NMIMS, Mumbai and has been a jury member at various ADClubs, EMVIES, EFFIES, ABBYs, IAMAI & DMAi awards.

List of Key Management Persons of ManipalCigna Health Insurance Company Limited as on date, as per Guidelines for Corporate Governance for insurers in India issued by IRDAI (vide circular ref: IRDA/F&A/GDL/CG/100/05/2016, dated: 18-05-2016).

01. Mr. Prasun Sikdar Managing Director & CEO
02. Mr. Manoj Naik Chief Financial & Technology Officer
03. Mr. Shashank Chaphekar Chief Distribution Officer
04. Mr. Joydeep Saha Appointed Actuary and Chief of Products, Pricing & Analytics
05. Ms. Priya Gilbile Chief Operating Officer
06. Ms. Reena Tyagi Chief Human Resource Officer
07. Mr. Sameer Bhatnagar Chief Compliance & Risk Officer, Head Legal & Secretarial
08. Ms. Sapna Desai Head - Marketing and Communication
09. Mr. Mahesh Darak Chief Investment Officer
10. Mr. Mitul Palankar Company Secretary