Policybazaar Announces Leadership Transition as Tarun Mathur Resigns as CEO

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Tarun Mathur has announced his resignation as the chief executive officer and principal officer of Policybazaar, a subsidiary of PB Fintech, effective from April 7 due to personal commitments, according to a regulatory filing.

Succeeding Mathur, Sajja Praveen Chowdary has been appointed as the new principal officer, CEO, and whole-time director of Policybazaar. Chowdary, who has been with PB Fintech since 2011, currently leads Policybazaar for Business, focusing on corporate and SME insurance as well as reinsurance solutions. With a background spanning business management, product, and technology, Chowdary has been instrumental in expanding Policybazaar’s retail insurance offerings like motor and term life, introducing customer-centric solutions.

Chowdary, with over 17 years of experience in e-commerce, holds a postgraduate degree in marketing from IMT Ghaziabad and a BTech in electronics and communications. Mathur, an 18-year veteran at Policybazaar, held various leadership roles, including co-founder and chief business officer, overseeing areas such as analytics, revenue management, and life insurance strategies.

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