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Paytm has appointed Vineet Arora as Managing Director and Chief Executive Officer of Paytm General Insurance Ltd.
Arora will lead efforts to provide industry-leading solutions in the general insurance space.
On his appointment Arora said: "The financial service solutions that Paytm is building for millions in India are relevant globally as well. With Paytm leading the way I believe just like payments, the general insurance industry would also go through a major transformation going forward."
Prior to this, Arora served as Managing Director and Chief Executive Officer of Aegon Life Insurance Company and was part of the India leadership team.
He was earlier Senior General Manager and Head Product, Distribution, Marketing and Wealth Management at ICICI Securities Ltd, where he built a profitable distribution business across various delivery channels.