Summary
Overview
Work History
Education
Skills
Personal Information
Languages
Timeline
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PRASANTH G

Kottayam

Summary

Results-driven graduate of the Executive Post Graduate Program at IIM Kozhikode with over two decades of experience leading sales operations in Insurance, FMCG, and Telecom sectors. Consistently exceeds business objectives, enhances company's market presence, and competitive advantage. Skilled in Partner management, Team development, and Implementing long-lasting business strategies for sustainable growth. Proven track record of driving revenue growth and fostering strong relationships with key stakeholders.

Overview

23
23
years of professional experience

Work History

DVP & Zonal Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
07.2018 - Current

Company Overview: Ageas Federal Life Insurance Company is a joint venture between Federal Bank, One of India's leading private sector bank, and Ageas, a leading international financial services group headquartered in the Belgium.

  • Currently leading a team of 5 Regional Heads, 25 First Line Supervisors and 210 Frontline Managers across the diverse Territories across India.
  • Aligned the team for facing the Challenges due to the Open architecture.
  • Achieved 15% YOY Growth in Top line with a Healthy Product mix.
  • Made a Paradigm shift in the way Business is been driven.
  • New strategies implemented to create a sustainable and consistent business model.

Regional Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
03.2021 - 03.2024
  • Was handling 1 Regional Manager,10 1st line supervisors and 75 Frontline Managers across North Kerala( Ernakulam and Kozhicode Zone)
  • Created a Culture of driving Life Insurance in the zone by introducing a new Recognition framework and Pro-active Partner management.
  • Bought Ernakulam Zone to NO-1 Position in business From its third position when I took over.
  • Remarkable turn around in Kozhikode team, by creating a comradery among the team which resulted in creating a successful team.
  • We were able to improve the partner relationship, which resulted in more engagement from the Bank.
  • Won the Special Medallion from Ageas International for being the Top performer during FY23-24 at APEX meet(Biennial International meet for all Ageas group Insurance companies).
  • Won Galaxy Award( for being the Top performer in Ageas Federal)for FY-23-24 & 21-22.

Area Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
07.2018 - 03.2021
  • Company Overview: Ageas Federal Life Insurance Company is a joint venture between Federal Bank, One of India's leading private sector bank, and Ageas, a leading international financial services group headquartered in the Belgium.
  • Ageas Federal Life Insurance Company is a joint venture between Federal Bank, One of India's leading private sector bank, and Ageas, a leading international financial services group headquartered in the Belgium.

Associate Regional Manager (Direct Sales Team)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2018 - 06.2018
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Leading the Direct Sales Team for Central Kerala, which was the sunrise channel for the organization.
  • Responsible for expanding the business through productivity enhancement by means of training and lead management thereby ensuring maximum Up sell from existing customers.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Associate Regional Manager (Agency)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2015 - 03.2018
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Accountable for handling entire gamut of business operations worth INR 11 Crores along with a team of 11 members spread across the assigned region of Kottayam, Thiruvalla Pathanmthitta, Chengannur & Alleppy with special focus on creating and moulding a new Agency team.
  • Working in coordination with the branch operations team and ensuring higher levels of customer satisfaction, through which ensuring maximum UP-Selling through the direct sales channel.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Senior Branch Manager (Agency)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2013 - 03.2015
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Handling a team of Unit managers and responsible for their Progression through creation of an effective Advisor Team and channel Team in South Kerala.
  • Initiated steps towards accomplishment of topline and bottom line by consistently achieving 100% sales targets and reducing AUM depletion.
  • Created 3 MDRT distributors from zero.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Branch Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2010 - 03.2013
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Responsible for Branch sales management and guiding the team to achieve higher levels of employee Productivity.
  • Create new high profile distributors and achieving the profitability of the branch through achieving the top line and maintaining the AUM.
  • Contributed in bringing back the top advisors, thereby augmenting the distribution and creating a combination of experienced distributors and fresh blood in the system.
  • Created 1 MDRT and a COT from new distributor.
  • Revamped the Tanjore & Kumbakonam branches with monthly distributor activities.
  • Attained a branch turnover of INR 1.4 Crores in H1 of 2012-13 against a business of INR 65 lakhs for the previous year H1.
  • Awarded as The Best Manager Pan India for establishing new distribution channel during H2 of 2012-13.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Areas Sales Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2008 - 03.2010
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Handled Coimbatore Branch.
  • Initiated various training programs for employees and distributors during the financial recession period of 2008-10 to keep up the morale and to generate business.
  • Stabilized Dindugal branch after one year of start up operations and expended the team size and distribution spread by increasing the number of distributors from 160 to 350.
  • Pioneered the idea of creating an MDRT distributor in Dindugal.
  • Attained highest number of customer acquisition in a month for the small branch category Pan India during Jan’09 to Mar’09.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Sales Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
07.2006 - 04.2008
  • Company Overview: ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.
  • Established the branch as a sales manager, recruited and trained the branch staff as well as developed a client base.
  • Targeted an untapped rural market, registering a turnover of INR 1 Crore within 8 months.
  • ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank Ltd., India's largest private sector bank, and Prudential Plc, a leading international financial services group headquartered in the United Kingdom.

Retail Sales Manager

BPL MOBILE CELLULAR LTD.
03.2004 - 07.2006
  • Company Overview: BPL Mobile Cellular Ltd., is a leading telecom company, it is a part of Hutchison Essar group, which is the third largest cellular service provider in India.
  • Responsible for managing, motivating, mentoring the team towards attainment of the targeted revenue by increasing active base in prepaid revenue streams.
  • Won Champions Club Contest for quality acquisitions and depletion control in 2005-06.
  • Received Best Performer award for achieving the highest growth in number of quality acquisitions and revenue of INR 7Cr in FY 2004-05.
  • Enhanced revenue share of the territory, from 6% to 19% of the circle’s revenue.
  • Appointed new channel partners and trained the existing ones towards overall growth, thereby revamping the channel establishment.
  • BPL Mobile Cellular Ltd., is a leading telecom company, it is a part of Hutchison Essar group, which is the third largest cellular service provider in India.

Sales Officer

NESTLE INDIA LTD.
10.2002 - 02.2004
  • Company Overview: Nestle is the world’s leading food company with presence all over the world.
  • Handled sales operations for the chocolate division.
  • Responsible for handling retail and distributor operations, inventory planning and training.
  • Introduced the concept of cycle boys thereby expanding the confectionary business through penetration in smaller outlets.
  • Undertook the sales operations in Calicut and regained the market share as well as the brand image after the chocolate infestation issue.
  • Nestle is the world’s leading food company with presence all over the world.

Engineer - Marketing and Applications

DUSTVEN PRIVATE LIMITED
02.2002 - 10.2002

Education

Executive Postgraduate Program - Marketing and Strategy

INDIAN INSTITUTE OF MANAGEMENT (IIMK)
KOZHIKODE
01.2015

Diploma in Management - Marketing Management

ALLIANCE BUSINESS ACADEMY
BANGALORE
01.2002

Bachelor of Engineering - Electrical & Electronics Engineering

N.I. COLLEGE OF ENGINEERING
THUCHALAY
01.2000

Skills

  • Strategic partner management
  • Strategic budget and campaign oversight
  • Collaborative project coordination
  • Innovative problem-solving
  • Visionary leadership approach
  • Timely data-driven decisions

Personal Information

Date of Birth: 12/20/77

Languages

English
Bilingual or Proficient (C2)
Malayalam
Bilingual or Proficient (C2)
Hindi
Upper intermediate (B2)
Tamil
Upper intermediate (B2)
Kannada
Intermediate (B1)
Telugu
Beginner (A1)

Timeline

Regional Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
03.2021 - 03.2024

DVP & Zonal Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
07.2018 - Current

Area Head (Bancassurance, Federal Bank)

Ageas Federal Life Insurance CO.LTD
07.2018 - 03.2021

Associate Regional Manager (Direct Sales Team)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2018 - 06.2018

Associate Regional Manager (Agency)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2015 - 03.2018

Senior Branch Manager (Agency)

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2013 - 03.2015

Branch Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2010 - 03.2013

Areas Sales Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
04.2008 - 03.2010

Sales Manager

ICICI PRUDENTIAL LIFE INSURANCE CO. LTD.
07.2006 - 04.2008

Retail Sales Manager

BPL MOBILE CELLULAR LTD.
03.2004 - 07.2006

Sales Officer

NESTLE INDIA LTD.
10.2002 - 02.2004

Engineer - Marketing and Applications

DUSTVEN PRIVATE LIMITED
02.2002 - 10.2002

Executive Postgraduate Program - Marketing and Strategy

INDIAN INSTITUTE OF MANAGEMENT (IIMK)

Diploma in Management - Marketing Management

ALLIANCE BUSINESS ACADEMY

Bachelor of Engineering - Electrical & Electronics Engineering

N.I. COLLEGE OF ENGINEERING
PRASANTH G