Swiss Re appoints Puneet Kumar as Location Head for India GCC

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Puneet Kumar takes on expanded leadership role at Swiss Re’s India GCC
Puneet Kumar takes on expanded leadership role at Swiss Re’s India GCC

Swiss Re has appointed Puneet Kumar as Location Head for its India Global Capability Centre (GCC), expanding his leadership responsibilities after more than 10 years with the global reinsurance group.

Alongside his new role, Kumar will continue to lead Central Operations for Asia Pacific. As Location Head, he will focus on strengthening the capabilities of the India GCC and improving collaboration across teams and markets, building on his experience in operations, finance, transformation and strategic initiatives.

Kumar is also a member of the India Leadership Team, giving him experience across Swiss Re’s business, people and operating environment in India. His appointment comes as the company continues to position India as a strategic hub for talent, innovation and global collaboration.

During his more than 10 years at Swiss Re, Kumar has taken on progressively broader roles across finance, operations and strategic transformation. Most recently, he served as Head of Group Finance Bangalore – Senior Vice President, with responsibilities spanning people and culture as well as financial reporting.

Earlier, he was Senior Vice President (Director) – Head of Reinsurance Finance Hub, leading responsibilities within Swiss Re’s reinsurance finance organisation. He initially joined the company as Vice President – Strategic Initiatives, establishing the foundation for his subsequent leadership roles.

Before Swiss Re, Kumar spent 4 years with HP, working across finance transformation, process design and re-engineering. His responsibilities included Finance & Accounting process reviews, global transformation programmes, process and system changes, risk management, vendor management, compliance and team leadership. He also served as Global Program Lead for P2P Process Re-engineering and F&A Transformation Lead.

Kumar previously spent more than 4 years with AXA XL as Head of Transitions & Technical Accounting – Ceded Reinsurance Finance. His role covered reinsurance activities, transitions, process improvement, offshore business opportunities, service-level frameworks, business continuity, budgeting, forecasting, stakeholder management and strategic transformation projects.

He began his career with Genpact, where he spent more than 6 years in Finance & Accounting and progressed to Assistant Manager.

Across more than 2 decades, Kumar has built experience in global operations, reinsurance finance, process transformation, strategic initiatives, financial reporting and organisational leadership, supporting his expanded mandate for Swiss Re’s India GCC.

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