Edelweiss Tokio Life Appoints Kayzad Hiramanek as Chief Operating Officer

Edelweiss Tokio Life Insurance on Monday announced the addition of its senior leadership team with the appointment of Kayzad Hiramanek as Chief Operating Officer.

Kayzad has over two decades of experience in managing operations, technology and customer experience strategy for businesses across various sectors. At Edelweiss Tokio Life, he will lead and execute the company’s operations, technology and business excellence efforts to drive scalability, agility and cost efficiencies within the business.

Under his leadership, the company seeks to build operational resilience and sustainability to weather through business cycles and any unprecedented events.

Commenting on the appointment, Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance said, “We aim to foster a friendly organization that can deliver value to our stakeholders. We believe that operations and technology provide a strategic value at the moment to bring efficiencies to processes and make business easier for our partners as well as customers. We are confident that Kayzad’s leadership will fuel our efforts in building a technology-enabled and customer-centric business.”

With a view to enhance its technological capabilities, the life insurer is also looking at adding talent with a deep understanding of new technologies and how they can meet the evolving expectations of customers.

Hiramanek said, “The company is on an interesting journey to build a future-ready organization that can deliver a superior experience to customers and distributors. I am thrilled to be part of this team that helps improve top- and bottom-line metrics. can help, and mentor high-performing professionals who are able to make effective decisions across the hierarchy.”

In his past experience, Kayzad has been instrumental in defining the operations and customer experience strategy for organizations such as Bajaj Allianz Life Insurance, ICICI Prudential Life Insurance and Avanta Ergo Life Insurance. he is also associated with Bharti AirtelIdea Cellular, Taj Hotel and more.

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