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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.

CEO cum CIO

About Us Mr.Sashi Krishnan

Mr.Sashi Krishnan is appointed as CEO cum CIO for Aditya Birla Sun Life Pension Management Limited. He has 30 years’ experience in the Mutual Fund and Life Insurance industry. Before joining ABSLI, he was the CIO at Bajaj Allianz Life Insurance Company. Prior to Bajaj Allianz, he worked with DBS Bank (Singapore), DBS Cholamandalam Asset Management Ltd, and Unit Trust of India. He has done his BE (Hons.) Chemical Engineering from BITS, Pilani, and his MSc (Hons.) Economics from BITS, Pilani. He has a Diploma in Management from IGNOU with a specialization in Finance. In addition, he is a CAIIB from the Indian Institute of Bankers. He is a Member of the Index Policy Committee of the India Index Services & Products Ltd, the Capital Market Committee of Indian Merchants’ Chamber and the Insurance & Hospitals Committee of the Bombay Chamber of Commerce and Industry

Board of Directors​​

About Us Mr.Kamlesh Rao

Mr.Kamlesh Rao - Non-Executive Additional 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.Harish Hansubhai Engineer

Mr.Harish Hansubhai Engineer - Independent DirectorMr. Harish H. Engineer is a Science graduate from Bombay University and holds a Diploma in Business Management from Hazarimal Somani College, Mumbai. Mr. Engineer has over 43 years of experience in the fields of Finance and Banking. Mr. Engineer worked with HDFC Bank Ltd since 1994 in various capacities and served as Head of Wholesale Banking, Head of Financial Institution Group and Head of Corporate Banking. Mr. Engineer also served as Executive Director on the Board of HDFC Bank Ltd from October 12, 2007 to September 30, 2013. Prior to joining HDFC Bank Mr. Harish H. Engineer worked with the Bank of America for 26 years in various areas including operations and corporate credit management. During his stint with Bank of America he worked in various locations like Hong Kong,Los Angeles, London, Singapore, Thailand and Indonesia. Mr. Engineer is on the Board of various Companies as an Independent Director which includes Federal Bank Ltd, Navin Fluorine International Ltd, Infrastructure Leasing & Financial Services Limited, HDFC Property Ventures Ltd, Aditya Birla Capital Advisors Pvt. Ltd etc. Mr. Engineer is also a senior consultant to International Finance Corporation and Senior Advisor to Tata Capital Financial Services Ltd.

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.

Contact us

Contact us For queries call us at.
022-67239388
Contact us
care.pensionfunds@adityabirlacapital.com