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Bank of Baroda and Cholamandalam MS General Insurance Co Ltd – Corporate Agency Agreement Announcement

Mumbai, 18 July 2016 (GPN) : Bank of Baroda, India’s leading public sector bank has entered into corporate agency (non-life insurance) agreement with Cholamandalam MS General Insurance Co. Ltd with the objective to distribute multiple general insurance products to its customers.

Shri P S Jayakumar (3rd from right), Managing Director & CEO, Bank of Baroda seen exchanging the agreement with Shri S S Gopalrathnam (4th from right), Managing Director, Cholamandalam MS General Insurance Co Ltd. Also present are Shri B B Joshi (2nd from left), Executive Director, Bank of Baroda; Shri Mayank K Mehta (2nd from right), Executive Director, Bank of Baroda; Shri O K Kaul (1st from right), General Manager, Bank of Baroda and Shri Rakesh Bhatia (1st from left), Head-Marketing & WMS, Bank of Baroda

Shri P S Jayakumar (3rd from right), Managing Director & CEO, Bank of Baroda seen exchanging the agreement with Shri S S Gopalrathnam (4th from right), Managing Director, Cholamandalam MS General Insurance Co Ltd. Also present are Shri B B Joshi (2nd from left), Executive Director, Bank of Baroda; Shri Mayank K Mehta (2nd from right), Executive Director, Bank of Baroda; Shri O K Kaul (1st from right), General Manager, Bank of Baroda and Shri Rakesh Bhatia (1st from left), Head-Marketing & WMS, Bank of Baroda


Mr. P S Jayakumar, Managing Director & CEO of Bank of Baroda, exchanged the Corporate Agency Agreement with Mr S S Gopalrathnam, Managing Director of Cholamandalam MS General Insurance Co Ltd on 18th July, 2016.
On this occasion Shri Mayank K Mehta (Executive Director), Bank of Baroda, said, “We are delighted to partner with Chola MS for distributing the general insurance products through Bank of Baroda. The multiple product options will provide the customers best-in-class product suiting to their requirements. Bank of Baroda and Chola MS being strong players in their respective markets, this relationship will manifest into win-win situation for the stake holders of both the entities.”

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.