Soly Thomas, Deputy CEO and CDO - Bancassurance, Canara HSBC Life Insurance, Photo from Press Release

The 16-year seasoned will lead bancassurance astatine nan industry’s ninth-ranked premium provider.

Canara HSBC Life Insurance Company Limited has re‑designated Soly Thomas arsenic Deputy Chief Executive Officer and Chief Distribution Officer – Bancassurance, effective 10 February 2026, according to nan company’s disclosure nether Regulation 30 of nan Securities and Exchange Board of India’s listing rules.

Thomas has been associated pinch nan institution since 2008 and has led nan bancassurance distribution strategy crossed partners including Canara Bank, location agrarian banks and HSBC.

In his caller role, he will proceed to lead nan bancassurance business and study to nan Managing Director & Chief Executive Officer.

The re‑designation follows support by nan company’s committee of directors, pinch nary different changes to nan organisational building noted successful nan filing.

Canara HSBC Life Insurance distributes life security products done its bancassurance network.

The institution classed ninth successful Individual Weighted Premium Income for nan 9 months ended 31 December 2025, pinch an wide manufacture marketplace stock of 2.1% and 2.9% among backstage insurers, according to marketplace reporting.
 

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