Dhananjay Acharya and Punit Pancholi join Lockton to expedite business growth in India

Lockton, the world’s largest independent insurance brokerage, announced today that the addition of Dhananjay Acharya and Punit Pancholi to the firm. They will be instrumental in establishing the industry’s leading international broker in the Indian market. Dhananjay will assume the role of Chief Information Officer, while Punit will join as Chief Risk & Compliance Officer. Together, they will play a pivotal role in supporting Dr. Sandeep Dadia in driving business growth in India.

“We are thrilled to expand our expertise and knowledge inf the insurance sector,” stated Dr. Sandeep Dadia, Chief Executive Officer of Lockton in India. “By attracting top talent and expanding our team, we are well-positioned to meet the growing demand for risk consulting and management services in India.”

Dhananjay brings over 20 years of experience in the insurance and financial services industries, with a focus on technology. His responsibilities encompass strategy development, technological architecture, digitization, and automation. His excels in formulating innovative strategies that promote growth and innovation, aligning technology projects with broader commercial objectives. Dhananjay’s expertise in technological architecture has resulted in robust and scalable solutions that enhance operational excellence. His emphasis on automation and digitization fosters agility and efficiency, improving workflows and client interactions. Additionally, Dhananjay is highly committed to cybersecurity and data protection, ensuring the safeguarding of valuable assets and regulatory compliance in an ever-evolving threat landscape.

With more than 16 years of experience in Risk Management, Audit, and Compliance, Punit brings a wealth of expertise to his role as Chief Risk & Compliance Officer. He has previously worked with esteemed organizations such as Aditya Birla Insurance Brokers Limited, Yes Bank Limited, Aditya Birla Sunlife Insurance, S.R. Batliboi & Associates, and Price Waterhouse.

In his current position as Compliance Designation, Punit oversees compliance requirements for the business, developing effective policies, systems, and processes for risk management. He holds the title of Chartered Accountant, specializing in Risk Management, Compliance & Audit. Punit obtained his bachelor's degree in commerce from Symbiosis College of Arts and Commerce in Pune.

Punit's diverse experience and educational background equip him with the necessary skills to navigate the complexities of compliance and risk management in the insurance industry. His contributions to Lockton are invaluable in the development and implementation of strategies that ensure adherence to regulations and mitigate potential risks.