As part of this collaboration, NSDC will support HDFC Life in inducting trained life insurance advisors and strengthening the last-mile reach. The partnership will provide training to candidates undergoing the IC38 examination conducted by the Insurance Regulatory and Development Authority of India (IRDAI) and drive skill enhancement. Further, by imparting soft skills, this collaboration will facilitate opportunities for the youth to explore self-employment prospects for sustainable livelihood. The candidates will be trained in soft skills that will groom them professionally thus enabling them to connect better with prospective customers.

On this occasion, Ved Mani Tiwari, CEO, of NSDC, and MD, of NSDC International, said, “NSDC endeavors to create a sustainable and enabling skill ecosystem. This partnership with HDFC Life is an important step to strengthen the existing talent and upskill them in the insurance sector, as per the market requirements. Our focus on skilling and upskilling India’s youth will not only empower its workforce but will also create new booming sectors in the economy. This partnership envisions huge growth potential for both organizations and will serve as a great opportunity for the potential candidates to become job providers from job seekers.”

Speaking on the collaboration, Suresh Badami – Deputy Managing Director, HDFC Life said, “We are delighted to partner with NSDC and do our part in supporting the Skill India Mission. India is poised for growth as a large number of young Indians are entering the workforce. Our partnership with NSDC will aim to impart skills and give an opportunity to individuals enabling them to build their livelihood. Our strong learning and development platform is designed to equip individuals with a diverse set of skills. These individuals will in turn play a key role in enhancing the reach of life insurance in the country.”

This partnership intends to facilitate livelihood creation and promotion of entrepreneurship opportunities for financial and social inclusion. In addition, to create wider awareness about the program under this collaboration, NSDC, and HDFC Life will organize various digital and on-ground initiatives.

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INDIA: Standard Chartered Bank announced two senior-level appointments with Sarabjit Anand as the Chief Technology and Operations Officer (CTOO), and SV Shivshanker as the Head, Human Resources, for India and South Asia effective January 2023.

Sarabjit joined Standard Chartered Bank in 1991 in India, later moving to Hong Kong. He was most recently the Chief Information Officer (CIO) for Singapore and ASEAN markets. He has been working in Singapore since 2015 and was instrumental in strategizing and advocating the overall digital journey of the Bank in Singapore and the ASEAN cluster. He has held various roles in technology and played a key part in the launch of the digital bank “Trust” in Singapore.

Shiv, who has been with the Bank since 1994, brings over 28 years of HR experience in various leadership roles at a country, region, and global level covering business partnering, talent, and learning. He has built a strong business acumen over the years and worked in cross-cultural environments within India, the Middle East, and Singapore. In his most recent role, Shiv was the Global Head of HR Operations & Global People Services at Standard Chartered Global Business Services where he led and delivered effective transformation practices through organization design, service delivery modernization, and by driving impactful metric-driven process simplifications.

Commenting on these appointments, Zarin Daruwala, Cluster CEO, India, and South Asia markets (Bangladesh, Nepal, and Sri Lanka), Standard Chartered Bank, said, “Sarabjit Anand and SV Shivshanker are two strong additions to the Bank’s leadership team, and their presence will provide an impetus to our growth strategy. Both bring with them a rich experience across cultures and geographies within the Standard Chartered network that will be invaluable as we continue to consolidate our position in the market.”

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The new branch will cater to the financial and banking needs of the business and working class residing in and around Mumbai’s central suburbs. It is one of Mumbai’s bustling and thriving areas, business-wise. The Matunga branch will house an ATM and provide facilities to customers for branch banking and availing of various loans.

Mr. N S Venkatesh, CEO of the Association of Mutual Funds in India (AMFI), and Fr. Ashley Miranda inaugurated the branch and ATM along with Mr. Pradeep M Godbole, Non-Executive Director, South Indian Bank.

Speaking about the launch, Mr. Murali Ramakrishnan, MD & CEO, of South Indian Bank, said, “The opening of our new branch reinforces our commitment to providing banking services to our customers through a fast-expanding network of branches and other channels. We stand committed to serving customers through our branches and digital channels.”

The Matunga branch will be functional from Saturday, January 21st, as per regular banking hours. The branch is located at Pinnacle 323/ A, Dr. Babasaheb Ambedkar road, Matunga East.

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INDIA: Lux Industries Limited, (BSE: 539542 | NSE: LUXIND), one of the country’s largest innerwear manufacturers, is known for its innovative and customer-demand-driven product offerings, manufacturing more than 100 products across 14 major brands comprising a complete range of innerwear and outerwear for men, women, and children, has yet again created a buzz with its new advertisement campaign film ‘Garam Bhi, Patla Bhi’. The new Campaign which has been conceived for the brand ‘Lux Parker’ highlights the ultimate comfort in staying warm from within during winter by wearing Lux Parker thermal wear. It is a perfect addition to the winter closet of every consumer. Targeted to every individual consumer across ages, the campaign film stars popular television actress, Pooja Gor as the lead cast. The campaign is live across television, social media, outdoor, print, and on-ground channels.

Speaking on the launch of the new campaign, Mr. Saket Todi, Executive Director, of Lux industries said “Over the years, Lux has always developed innovative product offerings that are driven by customer demand in response to shifts in consumer tastes and preferences; and this campaign is a testament to this ideal of ours. Since the winter season is almost upon us, we picked this up as an opportunity to highlight how Lux Parker has the perfect design, thickness, and material to be worn as an undershirt, under trousers, or individually and is truly the best warmer for the entire family. Our products are thin, light, comfortable, and well-fitting, but most importantly, it gives the wearer the much-needed warmth to keep the chilly weather at bay. We really hope that consumers would enjoy our products as well as the new campaign.”

The collection consists of premium quality thermals and comes in standard sizes ranging from 75-100 with prices ranging from Rs 248 to Rs 293 for men and women and sizes ranging from 45-73 with a price range of Rs 145 to Rs 170 for kids. The products come in two shades, Dark Grey and White in both Round and V-Neck shapes, and trousers with I/E for both men and women. Lux Parker products are enriched with 100% cotton, bringing in ultimate comfort, and designed to cater to the winter needs of men, women, and kids. The material is soft and light which makes it comfortable to wear. Side body panels remove the need for a seam under the arm and give a defined body shape.

Lux Industries has always been proactive in adopting newer methods of production developing innovative products and targeting the right audience through first-of-its-kind branding and promotional activities. Its customer-centric approach has helped the brand to expand its visibility and created strong brand equity for the entire brand portfolio across 47 countries. A strong assortment of 15 brands offering mass, mid-premium, and premium products across demographics, has helped the brand outperform the market and generate a pricing premium.

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