Veteran finance leader and former Marico Group CFO brings 30+ years of expertise to strengthen corporate governance at Niva Bupa
Niva Bupa Health Insurance Company Limited has announced the appointment of Vivek Anant Karve as an Independent Director (Additional Director), effective September 15, 2025, pending shareholders’ approval.
Karve, a seasoned finance professional with more than 30 years of experience, has worked across consumer products, IT services, and financial services industries. Over his career, he has held senior leadership roles at Procter & Gamble (P&G), ICICI, Siemens Information Systems, Marico, and Mahindra Finance.
At Marico, Karve spent two decades in key positions, including serving as Group Chief Financial Officer (CFO) for six years, where he led strategic initiatives in performance management, corporate governance, automation, mergers and acquisitions (M&A) due diligence, and functional excellence.
A Chartered Accountant, Cost Accountant, and Commerce graduate from the University of Mumbai, Karve’s appointment is expected to further strengthen Niva Bupa’s board, enhance governance practices, and support the company’s long-term growth in India’s expanding health insurance sector.
