Appointments: Alok Kumar and Santosh Bag to lead Mumbai office
Agam Capital Management, an insurance solutions provider from New Jersey, has opened an office in Mumbai, tapping the deep pool of talent, financial and technical skills to accelerate its penetration of the global market for multi-dimensional insurance solutions.
“The Indian market has a deep pool of talent, with the requisite technical and financial modelling skills to support our growth and this expansion will enable Agam to accelerate its penetration of the global market for multi-dimensional insurance solutions,” Agam’s Co-Founders Avi Katz and Chak Raghunathan announcing the new office on 2 Nov 2020.
The Mumbai office will bolster Agam’s analytical and modelling capacity, support the institutionalization of the business and provide additional operating infrastructure.
The office will be led by Alok Kumar and Santosh Bag, both industry veterans with experience building analytically differentiated platforms for large alternative asset managers for more than 20 years combined.
Alexander Lin, who joined Agam in 2016, will be named a Partner and will remain focused on the continued development of Agam’s differentiated pALM platform.
Lin has been a key architect of pALM from its inception and has demonstrated consistent excellence in harmonizing the full range of insurance valuation and risk management factors into one common platform.
“We are extremely pleased to promote Alex to Partner in recognition of his unique contributions to Agam,” said Katz and Raghunathan.
“Alex has been a key piece of our success to date and we look forward to his continued contributions to our future growth.”
The Indian office will operate locally under the name AgamAnalytics Private Limited.
Agam is a New Jersey-based insurance solutions provider founded by Abraham Katz and Chak Raghunathan, senior executives from Apollo Global Management and Aflac Inc.
While traditional insurance solutions have been aimed at enhancing asset yield to support a liability structure, Agam has focused its efforts on building technology for risk management with integrated analytics.
Agam’s expertise is to develop solutions for complex cash flow streams through greater hedging optimization and meaningfully lower operating costs. #technology #projects #investment #exports /fiinews.com
