Santosh Agarwal appointed CEO of Paisabazaar as PB Fintech restructures leadership

PB Fintech Ltd, the parent of online insurance aggregator Policybazaar, on Thursday (February 27) announced a leadership transition at its wholly owned subsidiary, Paisabazaar Marketing and Consulting Private Ltd, with Santosh Agarwal appointed as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), effective March 1, 2025.She will report to Yashish Dahiya and lead Paisabazaar’s next phase of growth, expanding its footprint in unsecured and secured lending, pensions, and savings.

Santosh has been with the group since 2011 and has consistently been among its top performers for over a decade. She has played a crucial role in scaling the business, driving innovation, and delivering strong financial performance.

Also Read: PB Fintech Q3 Results: Profit jumps 88.2% to ₹71.5 crore, new insurance premiums up 44% YoYHer leadership has been instrumental in strengthening Paisabazaar’s position as a leading unsecured credit platform. The company’s board and management considered various internal and external candidates before selecting him through a competitive process.
“In addition, Santosh will continue to mentor and guide on the Life Insurance side for the short term, as well as work with Sarbvir Singh in seeing how best Paisabazaar can leverage insurance opportunities.Naveen would help guide the transition over the next few months and would continue to remain on the board of Paisabazaar as a non-executive director. Santosh will also move onto the board of Paisabazaar as Executive Director,” it said.

Also Read: PB Fintech’s health insurance business growing four times faster than the industry, says Group CEO

Meanwhile, Naveen Kukreja, who successfully led Paisabazaar for 11 years, will step away from operational responsibilities and transition to the role of Group President at PB Fintech while continuing as Non-Executive Director at Paisabazaar. He will also advise on future strategy and long-term opportunities for PB Fintech.

Additionally, the company announced the resignation of Vivek Audichya as Chief Financial Officer (CFO), effective February 28, 2025. Neeraj Tripathi has been appointed as the new CFO and KMP, effective March 1, 2025.

Shares of PB Fintech Ltd ended at ₹1,502.45, down by ₹2.90, or 0.19%, on the BSE.

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