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Nippon Life nominee has been inducted into Reliance Life Insurance board

A recent press report said that Reliance Life Insurance has announced that Mr. Takeshi Furuichi has been inducted as non – executive director and Nipoon Life nominee on the board of the company.

Mr. Takeshi Furuichi who is 57 years old is the Representative Director, Senior Managing Executive Officer and Chief Investment Officer of Nippon Life Insurance. He has joined Nippon Life in the year 1977 and has been in various senior positions during his 34 year service in the company besides being a director of many Japanese firms.

Recently Nippon Life had picked up 26 per cent stake in Reliance Life form Reliance Capital for an amount of about $680 million.

In a statement Mr. Sam Ghosh, the Chief Executive Officer of Reliance Capital said that the immense experience of Mr. Furuichi and his contribution as board member would certainly help Reliance Life Insurance to grow at a faster pace and would also help to strengthen its position in India.

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