
Parag Raja
Managing Director and CEO
Bharti AXA Life Insurance
Parag Raja is the Managing Director and Chief Executive Officer of Bharti AXA Life Insurance. His career spans more than two decades in distinguished firms such as Aditya Birla Sun Life Insurance, Max Life Insurance, ICICI bank and ANZ Grindlays Limited. He is a Postgraduate in Marketing Management from the esteemed Jamnalal Bajaj Institute of Management Studies, Mumbai. He holds a Bachelor’s degree in Commerce from HR College and a Master in Commerce from Sydenham College, Mumbai
Before joining Bharti AXA, Parag was the Chief Distribution Officer at Aditya Birla Sun Life Insurance where he planned and executed the strategic direction for expanding the organization’s footprint across the country while spearheading its robust sales growth. He also established a vital Bancassurance relationship with HDFC Bank which went on to be one of the key drivers for Aditya Birla Sun Life’s growth. While working with Max Life, Parag was instrumental in building a formidable partnership with Axis Bank to create the largest non-captive and third-largest bancassurance relationship in the country.
He is in charge of leading the company through its next phase of growth and transformation. Parag is a conscientious and result-oriented leader which has been validated by his proven track record in delivering sustainable outcomes.
Parag is in charge of developing the overall strategy for the growth of the organization and for deploying resources to achieve business objectives. He is the public face of the organization and takes significant decisions which determine the direction of the organization’s growth trajectory. He plays an integral role in creating and implementing the vision and the mission of the organization. Parag engages closely with the board of directors to define the long term goals for the organization and establish best in class corporate governance practices . He oversees the operations of the organization with the assistance of the entire leadership team. As the principal value enabler, Parag’s responsibility is to ensure that the organization delivers value to multiple stakeholders including customers, employees and shareholders.