Canara HSBC Life Insurance Appoints Sunil Kumar Chugh as Director

Canara HSBC Life Insurance Company Ltd announced the appointment of Mr. Sunil Kumar Chugh as an Additional Director in the category of Non-Executive and Non-Independent Director. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Chugh, a Chartered Accountant and Certified Associate of the Indian Institute of Bankers, brings over three decades of banking experience, having served in various leadership roles across five public sector banks. His expertise spans corporate credit, retail, financial inclusion, and stressed assets management. The appointment is effective from November 5, 2026, subject to member approval.