Private life insurer Pramerica Life Insurance Monday announced the appointment of Kalpana Sampat its managing director and CEO, effective April 9.

Prior to this appointment, she was the chief operating officer for the company, a release said.

"Sampat is a respected leader in life insurance with an exceptional record. The board is optimistic that the company can deliver substantial strategic and operational progress under her able leadership,” Pramerica Life Insurance Chairman Sunil Kumar Bansal said in the release.

Before joining Pramerica Life Insurance, Sampat was the CEO for Swiss Reinsurance Co, India branch, and was instrumental in its launch in 2015.

Pramerica Life Insurance is a joint venture company of Prudential International Insurance Holdings, a fully-owned subsidiary of Prudential Financial, Inc., and DIL (DHFL Investments Limited)