Mayank Bathwal
Chief Executive Officer
Aditya Birla Health Insurance Co. Limited
Mayank Bathwal is the Chief Executive Officer at ABHICL, a joint venture between Aditya Birla Group and MMI Holdings of South Africa since August 2015. He also serves as Director on the Board of Directors for Aditya Birla Wellness Private Limited.
Mayank has been responsible for setting up the latest venture of Aditya Birla Capital Limited, a first of its kind truly digital health insurance company in India with the unique value proposition of incentivized wellness, a differentiated business model and have created an efficient multi-channel distribution system. This has resulted in making ABHICL as one of the fastest growing standalone health insurer in FY19.
Mayank has a rich experience of nearly 26 years in the industry. He joined the Aditya Birla Group in early 1994 and has worked closely in various units and projects of the group including fertilizer and copper smelting units, financial services business and power projects.
In December 1999, Mayank joined Aditya Birla Sun Life Insurance Company Limited (ABSLI), the life insurance JV between the Aditya Birla Group and Sun Life, Canada. Prior to taking charge of other finance operations at ABSLI, he led the setting up of the life insurance venture, oversaw the functions of business strategy and planning. After his yearlong international stint as CFO at Sun Life, Indonesia, he returned in June 2007 to join ABSLI as a CFO. In 2011, he took the additional responsibility of heading institutional sales and ended his stint as a Deputy Chief Executive Officer at ABSLI.
Mayank is the Co-Chair of FICCI Health Insurance Committee and a Fellow member of the Institute of Chartered Accountants of India (ICAI), the Institute of Cost & Works Accountants of India (ICWA) and the Institute of Company Secretaries of India (ICSI). He is also engaged with several bodies, including the CII Sub-Committee on Accessibility Health Insurance and the Internet and Mobile Association of India’s (IAMAI) Healthtech Committee.
Mayank has been the recipient of several personal and professional recognition and has been felicitated at the Annual CFO 100 Roll of Honour (for the years 2012, 2013 and 2014) for his exceptional contribution to the area of Corporate Finance. He has also received the prestigious ‘Aditya Birla Group Award 2020’ in the ‘Outstanding Leader’ category.