Bharat Panchal joins Bima Sugam as Chief Risk, Security, and Stakeholder Management Officer

Mumbai: Bharat Panchal has joined Bima Sugam India Federation as the Chief Risk, Security, and Stakeholder Management Officer.

Before getting appointed to this role, Bharat served as the Chief Industry Relations and Regulatory Officer for Discover Financial Services. He also held the position of Chief Risk Officer for FIS in the India, Middle East, and Africa region. Additionally, he was also the Chief Risk of Management & Compliance at the National Payments Corporation of India (NPCI) and worked as Vice President and Group InfoSec Audit Head at Kotak Mahindra Bank. In his new role at Bima Sugam, he is expected to enhance the federation’s efforts in risk management, security protocols, and stakeholder engagement.

Bima Sugam is a digital platform that aims to make insurance more accessible in India. It allows consumers to compare, purchase, and manage insurance policies for life, health, and general insurance.

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