Managing Director and CEO of Shriram Life Insurance, a position which he has held since December 2015. Having begun his career in South Africa in 1991, he worked as an Industrial Engineer with Iscor Mining (Kumba) where he focused on mining and logistics optimization projects and business cases for new mine development. He joined the Life Insurance industry with the opportunity to be part of the large strategic programme to reengineer some of Sanlam’s business processes and policy administration system. He worked as a Business Consultant and Project Manager with both Sanlam and Old Mutual, delivering multiple strategic projects. He later focused on project portfolio value management which includes value tree work, concept development, business case governance and benefit realisation.
In March 2010, Mr. Kromhout joined Shriram Life Insurance Company in Hyderabad, India as COO where he has been supporting and building the organisational capabilities of this young company. It is very successful in profitably reaching out to a very tough market segment where the loss of a breadwinner can have disastrous financial impacts on the family. Casparus has been instrumental in developing and executing strategy and is leading the drive towards further innovation, the use of digital technologies and strategic ecosystem partnerships to expand the reach and business growth of SLIC.
