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Bharti AXA Life Insurance Appoints Rahul Bhuskute as Chief Investment Officer

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News Desk, News Nation 360 : Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced the appointment of Rahul Bhuskute as Chief Investment Officer effective 1st June 2021. Rahul Bhuskute is a tenured investment professional with over decades of experience in creating and scaling up significant investment portfolios in Asia and Europe. An MBA from Jamnalal Bajaj Institute of Management Studies, Rahul also successfully completed all three levels of the CFA course by the CFA Institute, USA. Earlier, he studied engineering at VNIT, Nagpur. Prior to joining Bharti AXA Life, he had a long stint with the ICICI Group in London and Mumbai leading significant verticals in Asset Management and Corporate & Investment Banking. His work experience spans investments in bonds, loans, convertibles, equity-linked instruments and credit derivatives in investment-grade, growth capital, special situations and distressed debt. In his last stint, he led the creation of a private equity platform focused on investing in distressed assets and special situations at ART Special Situations. Speaking on Rahul’s appointment, Parag Raja, MD & CEO, Bharti AXA Life, said that they are delighted to have Rahul on board as he brings the perfect blend of professional expertise and business acumen. His extensive experience in scaling up profit and size-critical businesses will

be a great asset to them. They have ambitious plans for the company and they are sure that Rahul will play a critical role in supporting them to meet their objectives. In his role at Bharti AXA Life, Rahul will be a part of its leadership team and lead the Investments function overseeing AUM of INR 9,400 CR across debt, equity and alternative investments portfolios, managed in the interests of policyholders and shareholders. The firm has significant plans of scaling up its business and the Investment team will continue to play a critical part in strengthening its balance sheet further for growth and generating returns for its policyholders.

Pic : Courtesy

Report : Anustup Kundu