Nippon Life India Appoints UK Sinha as Independent Director

Nippon Life India Asset Management Ltd. appoints Upendra Kumar Sinha as a non-Executive Independent Director on July 12, 2023.

Sinha presided over the Securities and Exchange Board of India (SEBI) for more than six years Between 2011 and 2017. He spent the six years before this as the Chairman and Managing Director of UTI Asset Management Company Pvt. Ltd, Before this, he oversaw the Banking and Capital Markets Divisions as the Joint Secretary in the Ministry of Finance. In 1976, Sinha was chosen for the Indian Administrative Service. He holds LLB and M.Sc. degrees.

Nippon Life India has also appointed Hiroki Yamauchi as the Non-executive, Non-Independent Director.

Hiroki Yamauchi has been associated with Nippon Life for over 20 years, he has served in various roles which include corporate planning, marketing planning, and group annuity business. Also, he worked for Nissay Asset Management in corporate and investment planning for 4 years. He has also spent his professional career with Nissay Deutsche Asset Management (Europe), where he held the position of Fund Manager for 3 years. In his most recent role, he has engaged in NLI’s Indian life insurance and asset management business as Head of Indian Business for 2 years (2020–2022). He holds a B.A. (Economics) from the University of Tokyo.