Royal Sundaram appoints Vedanarayanan Seshadri as Managing Director

Royal Sundaram General Insurance has appointed Vedanarayanan Seshadri (Veda) as its Managing Director. Veda has more than 30 years of experience in the banking and insurance sectors, including 15 years in leadership roles within the insurance industry.

He has worked in areas such as distribution, business growth, and digital operations.

Harsha Viji, Executive Vice Chairman of Sundaram Finance (the promoters of Royal Sundaram), said that Veda’s extensive experience in the sector and his understanding of the insurance market would benefit him in this role and help take Royal Sundaram to the next phase of growth. Veda stated that he would work with the team and the board to focus on the company’s next phase of growth, profitability, and consolidation, given the tremendous potential in the insurance market.