Canara HSBC OBC insurance co appoints John Holden as CEO

Mr. John Holden has been appointed as the Chief Executive Officer of Canara HSBC Oriental Bank of Commerce Life Insurance Company where he succeeds Harpal Karlcut.

Harpal Karlcut had introduced the firms business but, he has now returned to HSBC Insurance on a global assignment.

Meanwhile, Holden is a globally qualified and experienced executive who has been associated with HSBC for more than 26-years in banking, marketing and insurance.

He has spent most of his career in the group's life, pensions and investment businesses, supporting retail, commercial and private banking propositions.

Moreover, he has been involved in forming successful bancassurance distribution partnerships and during the previous 13-years; he had been in Korea, Taiwan, Malaysia and the Middle-East.

Holden was the Deputy President & Chief Operating Officer of Hana HSBC Life Insurance before Canara HSBC Oriental Bank of Commerce Life Insurance Company

During this week, a new unit linked plan that will offer cover to a child's future and also take care of its the financial requirements had been introduced by the Canara HSBC Oriental Bank of Commerce Life Insurance Company. It is known as the Canara HSBC Oriental Bank of Commerce Life Insurance Future Smart Plan.

Meanwhile, this plan is a unit linked insurance policy that will offer an enduring investment opportunity in order to form a bright future for the child.

Canara HSBC Oriental Bank of Commerce Life Insurance Company is owned by Canara Bank (holding 51 per cent) and Oriental Bank of Commerce (23 per cent) and HSBC Insurance (Asia Pacific) Holdings (26 per cent).