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Company Profile

Aditya Birla Sun Life Pension Management Limited ("ABSLPML") (formerly known as Birla Sun Life Pension Management Ltd.) was incorporated in 2015.

ABSLPML is a wholly owned subsidiary of Aditya Birla Sun Life Insurance Company Limited (ABSLI) – the life insurance subsidiary of Aditya Birla Capital Ltd (ABCL).

ABSLPML is registered with the Pension Fund Regulatory and Development Authority ("PFRDA") to act as a:

  • Pension Fund Manager (PFM) of the NPS Trust, for managing the pension funds under the National Pension System ("NPS"), in accordance with the applicable provisions and guidelines issued by PFRDA. ABSLPML commenced operations as a PFM on May 5, 2017.
  • Point of Presence (PoP) for the distribution and servicing of the public at large, through physical as well as online platforms, for NPS.

Aditya Birla Capital Limited (ABCL) is the financial services platform of the Aditya Birla Group. ABCL has a strong presence in life insurance, asset management, private equity, corporate lending, structured finance, project finance, general insurance broking, wealth management, equity/currency/commodity broking, online personal finance management, housing finance, pension fund management and health insurance. ABCL is committed to providing end-to-end financial services to its retail and corporate customers. ABCL has a nationwide reach, anchored by more than 17,000 employees and 2,00,000 agents/ channel partners.

Board of Directors​​

About Us Mr.Kamlesh Rao

Mr.Kamlesh Rao - Non-Executive Director Mr. Kamlesh Rao is the MD & CEO at Aditya Birla Sun Life Insurance (ABSLI). Mr. Kamlesh Rao is a part of the Senior Management Team at Aditya Birla Capital. At ABSLI, he is focused on taking the company to a leadership position within the private life insurance space. In his role, he is responsible for providing ABSLI with strategic direction and leading the team towards achieving rapid growth and profitability. His expertise focuses on growing the business, developing new business models, building distribution efficiency, value creation through efficient cost and process management, competitive product strategies, scaling up the digital business, and strengthening the customer lifetime value proposition. Kamlesh has a successful track record of entering new markets & businesses and turning them around by placing them on a high growth trajectory.

As an integral part of the Banking & Financial Services industry, his experience has been shaped over a career spanning 25 years. In his previous role as the Managing Director & CEO – Retail at Kotak Securities Limited, Kamlesh was responsible for planning and executing strategic initiatives. He was instrumental in driving the growth and strategy for Secondary Markets, Primary Markets, Margin funding and distribution of Investment products. Prior to joining Kotak Securities Limited, Kamlesh held various roles at Kotak Mahindra Bank Limited over the course of 19 years. His experience spans across the asset and liability portfolios, including retail lending, business loans, unsecured loans, mortgages, SME lending, HNI banking and broking. He joined the bank as a Management Trainee and rapidly rose through the ranks to become the Managing Director & CEO – Retail at Kotak Securities Limited. In his earlier stint, Kamlesh has been a part of several prestigious committees including the NSE & BSE Advisory Committees and Secondary Market Advisory Committee (SMAC). He holds a degree in Engineering and is a Management graduate.
About Us Mr.Sandeep Asthana

Mr.Sandeep Asthana - Non-Executive Director Mr. Sandeep Asthana is the India Country Head of Sun Life Financial, a leading global financial services company, headquartered in Canada, providing protection and wealth management products for over 150 years. In his role, Mr. Asthana manages Sun Life Financial’s interest in its two joint ventures in India - Birla Sun Life Insurance Co. Ltd., and Birla Sun Life Asset Management Co. Ltd. A Chemical Engineer from IIT Mumbai and MBA from IIM Lucknow, Sandeep started his career with Unit Trust of India in 1993 and was closely involved with its plans for entry into life insurance and pensions. He joined Zurich Financial Services in 2000 and headed the life insurance planning team. In 2003, Sandeep joined RGA, a leading US-based life and health reinsurer, and built up their business in India to make it a leading reinsurance player in India. Prior to joining Sun Life Financial, Mr.Asthana was Managing Director of RGA Services India Pvt. Ltd.

About Us Mr.Subhash Chandra Bhargava

Mr.Subhash Chandra Bhargava - Independent Director Mr. Subhash Chandra Bhargava is an eminent personality with a rich experience in all facets of Finance, Capital Markets and Investments. He possesses extensive knowledge in the field of securities market, treasury operations and corporate finance among others. Mr. Bhargava is a senior fellow member of The Institute of Chartered Accountants of India. He retired as Executive Director ( Investments ) LIC of India. He joined LIC Investment department as Deputy Secretary in 1993 and worked as Secretary, Chief and Director in this department. During his tenure spreading of more than 10 years, he got extensive hands on experience in dealing with debt, equity and Government Securities. During his tenure with LIC, he was deputed to attend various courses in Finance and Investments related with top local and Foreign Institutions. Mr. Bhargava aſter retirement from LIC in 2005, joined as part time Advisor with Bank of Rajasthan and continued till July 2010. Subsequently Bank of Rajasthan was merged with ICICI Bank. In 2008, he joined as Investment consultant with Met Life Insurance Co. Ltd for two years. Presently, he is on the Board of various reputed listed and unlisted companies like Aditya Birla Nuvo Limited, Escorts Limited, Cox and Kings Limited, India Investment Trust, Mahindra Bus and Trucks Limited etc. He was earlier on Board of UTI Assets Company Limited and UTI Retirement Solutions Limited (A pension Management Company till 2010).

About Us Mr. Kumar Sharadindu

Mr. Kumar Sharadindu - Independent DirectorMr. Kumar Sharadindu had retired as MD & CEO of SBI Pension Fund (P) Ltd. and he was on the rank of CGM in SBI. Mr. Kumar was General Manager at SBI Corporate Centre, Mumbai heading private equity business of the Bank. He joined SBI as Probationary Officer in 1984. He has held several crucial assignments in his banking career spanning more than three decades. He has held key positions in the areas of credit, treasury, Risk and large corporate lending. He spent more than five years in treasury of the bank. He was also the head of Market Risk department of SBI. Before coming to Private Equity, he was head of the Mid Corporate Group in Chandigarh Region. By qualification, he has done Masters in Physics. Mr. Sharadindu serving as Independent board member with Kogta Financial Ltd and IIFL Asset Management Ltd part of listed entity IIFL Wealth Management Ltd. Also, he is currently serving as Advisory Board member with Dynamatics Technologies Ltd (Listed Company).

About Us Mr.Vijay Gopi Kishan Agarwal

Mr.Vijay Gopi Kishan Agarwal - Independent Director Mr. Vijay Gopi Kishan Agarwal is practising Chartered Accountant with expertise in finance and taxation. He has an experience of more than 25 years in the field of Direct Taxation. He is on the Board of various Companies as an Independent Director which includes Tips Industries Limited, Gujarat Themis Biosyn Limited, Madura Garments Lifestyle Retail Company Limited, Aditya Birla Money Mart Limited etc.

About Us Mr. Balasubramanian Athmanathan

Mr. Balasubramanian Athmanathan - Non-Executive Additional DirectorMr. Balasubramanian Athmanathan is the Managing Director & Chief Executive Officer for Aditya Birla Sun Life AMC Limited. A stalwart of the mutual fund industry, he brings with him nearly three decades of rich experience in the Mutual Fund industry as Portfolio Manager both in Fixed Income and Equity. Prior to assuming the role of the CEO in 2009, Mr. Balasubramanian served as Chief Investment Officer from 2006-2009. As MD & CEO, Mr. Balasubramanian oversees over Rs. 2.5 lakh crore in Assets Under Management at Aditya Birla Sun Life AMC, one of the leading Asset Managers in India with a 25 years rich legacy of wealth creation for its investors. He also oversees global mandates through its subsidiary company in Singapore and Dubai, apart from overseeing Alternate Investment Funds, Real Estate and PMS business. Before joining ABSLAMC in the year 1994, he worked with GIC Mutual Fund, Can Bank Financial Services and Pandit & Co. between 1989 to 1994. Mr. Balasubramanian Athmanathan has done B. Sc (Mathematics), Diploma in Financial Management, AMP from IIM, Bangalore, MBA from GlobalNxt University, Malaysia, Advanced Management Programme from Harvard University.

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