Insurtech company ACKO has promoted Sandip Goenka, CFO of its life insurance business, to the position of CEO.
In his new role, Goenka will be responsible for business and customer strategy, operational efficiency, financial performance, investor relations, and corporate governance for ACKO Life.
ACKO, founded in 2016, offers insurance for vehicles, health, and travel and has raised over $450 million in funding.
In FY23, the company reported a net loss of INR 738.5 crore and operating revenue of INR 1,758.6 crore.