Niva Bupa Health Insurance has appointed Mr. Vivek Anant Karve as an Additional Director in the category of Independent Director. The appointment, effective September 15, 2025, is for a term of five consecutive years and is subject to the approval of the company’s members. Mr. Karve brings over 30 years of experience across multiple sectors, including financial services.
Independent Director Appointment
Niva Bupa Health Insurance has announced the appointment of Mr. Vivek Anant Karve (DIN: 06840707) as an Additional Director in the category of Independent Director. The appointment is effective from September 15, 2025.
Term and Approval
Mr. Karve’s term will be for a period of five (5) consecutive years. The appointment is subject to the approval of the Members of the Company.
Vivek Karve’s Background
Mr. Karve is a Chartered Accountant (1994), a Cost Accountant (1993) and holds a B. Com degree from the University of Bombay (1991). He has over 30 years of professional experience across sectors including Consumer Products, IT services and Financial Services. He previously held leadership positions at Marico, a listed FMCG group with a market capitalization of over USD 10 billion, and at Mahindra Finance, a listed NBFC with a market capitalization of about USD 4 billion.
Experience Highlights
During his career at Marico, Mr. Karve focused on performance management, GRC, automation in finance processes, outsourcing, long-term incentive plans, and M&A due diligence. At Mahindra Finance, he contributed to setting performance management systems and processes and centralizing customer on-boarding due diligence.
Source: BSE
