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Ageas Federal Life Insurance appoints Jude Gomes as New MD & CEO

Mumbai, October 10, 2024 (TBB Bureau): Ageas Federal Life Insurance Company Limited proudly announces the appointment of Jude Gomes as the new Managing Director & Chief Executive Officer (MD & CEO). This appointment has received the necessary approval from the Insurance Regulatory and Development Authority of India (IRDAI).

Jude Gomes, a seasoned industry leader, brings over three decades of extensive experience in both local and international markets, spanning insurance and banking. His impressive track record includes leadership roles across Asia, including serving as CEO at Manulife China Bank in the Philippines and most recently as CEO of Union Assurance PLC in Sri Lanka. In addition to these roles, he has held senior positions at Manulife Vietnam and HSBC Head Office in Hong Kong. Notably, he was part of the core team that established India’s first private life insurer, HDFC Standard Life Insurance, and was a founding member of HSBC Canara Oriental Bank of Commerce Life Insurance.

Until his recent appointment, Gomes served as Regional Director for Business Development at Ageas, based out of Hong Kong. His vast expertise in fostering partnerships, driving business growth, and spearheading transformative strategies will be instrumental in shaping the future of Ageas Federal Life Insurance in India.

Expressing his excitement over his new role, Jude Gomes remarked, “I am honored to take on the role of MD & CEO at Ageas Federal Life Insurance. With the support of our Board and dedicated employees, I will continue to uphold our core values of Care, Dare, Deliver, and Share for all our stakeholders. Together, we will set new benchmarks and strengthen our position in India’s insurance landscape. I look forward to our journey of growth and success — together — as Team Ageas Federal Life.”

Ageas Federal Life Insurance extends a warm welcome to Mr. Jude Gomes and is confident that under his leadership, the company will continue to thrive and deliver exceptional value to its customers, partners, and stakeholders.

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