Management Change8 May 2026, 06:11 pm
Niva Bupa Appoints, Elevates & Grants ESOPs; Directors Resign
AI Summary
Niva Bupa Health Insurance has appointed Christopher Patrick Carroll and Siobhan Djihan Moynihan as Additional Non-Executive Directors, effective May 15, 2026, subject to shareholder approval. Ankur Kharbanda is elevated to Executive Director and Deputy CEO, effective May 8, 2026. The company granted 12,251,268 ESOPs to eligible employees under the Niva Bupa Employee Stock Option Plan 2024. Penelope Ruth Dudley and Carlos Antonio Jaureguizar Ruiz-Jarabo resigned as Non-Executive Directors, effective May 8, 2026, due to time constraints.
Key Highlights
- Christopher Patrick Carroll and Siobhan Djihan Moynihan appointed as Additional Non-Executive Directors.
- Ankur Kharbanda elevated to Executive Director and Deputy CEO.
- 12,251,268 ESOPs granted to eligible employees under ESOP Scheme 2024.
- Penelope Ruth Dudley and Carlos Antonio Jaureguizar Ruiz-Jarabo resigned as Non-Executive Directors.
Price Impact
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