Rakesh Das

Rakesh Das Email and Phone Number

Director of Agency @ Dai-ichi Life Insurance Myanmar
Yangon, MM
Rakesh Das's Location
Yangon, Myanmar, Myanmar
Rakesh Das's Contact Details

Rakesh Das work email

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About Rakesh Das

Over two decades of Distribution Management expertise in BFSI, in leadership roles in Sales, Strategy and LnD functions, across Pan-India and Myanmar. Also with an enriching 4 years of start-up stint in between, in Wellness domain. Career Progression :Proud of my organic career progression from frontline sales as Unit Manager to Branch Head, State Head, Zonal Head; then going on to lead in national roles as Channel Head & Strategy Head at India and Myanmar.Organisations worked for :E-Serve International (a Citigroup company), SBI Life Insurance, Aviva Life Insurance, Star Union Dai-ichi Life Insurance at India & Dai-ichi Life Insurance at Myanmar.Distribution verticals managed : Direct sales associates (D.S.A), Direct sales force (D.S.F), Corporate Agency, Tied Agency, Business associates and business partners (B.A / B.P), Strategy, Learning and Development.Special knack for : (1) Setting up and establishing businesses from scratch - SBI Life at State level | Aviva Life Insurance at Zonal level | Star Union Dai-ichi Life Insurance at India & at an emerging market Myanmar for Dai-ichi Life Insurance. (2) Ramping up distribution network, establishment of business process framework, strategy, learning and development. (3) And last but not the least - An eye on Topline and Bottom line achievement. Infact my career progression and numerous awards stand testimony to this fact.(4) Entrepreneurial foray also was about starting and establishing a national brand in Beauty & Welness in tier-III cities of Odisha-India. My company was the franchisee for Lakme Salon (a Unilever brand.)

Rakesh Das's Current Company Details
Dai-ichi Life Insurance Myanmar

Dai-Ichi Life Insurance Myanmar

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Director of Agency
Yangon, MM
Employees:
333
Rakesh Das Work Experience Details
  • Dai-Ichi Life Insurance Myanmar
    Director Of Agency
    Dai-Ichi Life Insurance Myanmar
    Yangon, Mm
  • Dai-Ichi Life Insurance Myanmar
    Head Of Agency Strategy (Svp)
    Dai-Ichi Life Insurance Myanmar Jan 2024 - Present
    Myanmar (Hq-Yangon)
    Spearheading strategic initiatives in line with topline growth vis-a-vis geographic expansion objectives over a next 3 year (2024 - 2026) roadmap. Includes strategic projects, L&D initiatives, new distribution channel, reward and recognition, agency quality framework planning & execution and competitor benchmarking.
  • Dai-Ichi Life Insurance Myanmar
    Head Of Agency (Svp)
    Dai-Ichi Life Insurance Myanmar Jan 2021 - Dec 2023
    Myanmar (Hq - Yangon)
    Drove the growth strategy of the organization. Having built a robust model of Agency Business Partership in years 1 (2020-21) and 2 (21-22); years 3 (22-23) and 4 (23-24) are the years for exponential growth for the channel. Year 2023 ended on a sustained 70+% growth YoYSpread across major cities and upcountry locations across Myanmar, the geographic divisions are managed through a team of Area Division Heads. Who in turn manage the team of Managers, Business Partners and their Agents.
  • Dai-Ichi Life Insurance Myanmar
    Head Of Agency (Vp)
    Dai-Ichi Life Insurance Myanmar Nov 2019 - Dec 2020
    Myanmar (Hq - Yangon)
    Headed and launched the Agency Channel for Dai-ichi Life Insurance; which is one of the five multi-national insurers, operating at Myanmar since 2019, with a 100% owned subsidiary. Built the channel from ground up, expanding, and managing the network in this emerging ASEAN market at Myanmar. Having worked with group company Star Union Dai-ichi at India, was given the responsibility of building a team that combines the best of local Myanmar talent and Japanese expertise.
  • Franchise Start-Up (Fnb & Welness Domain)
    Co-Founder
    Franchise Start-Up (Fnb & Welness Domain) Aug 2015 - Oct 2019
    Odisha, India
    Invested in and co-Managed the holding company Saransh Services, that owned and operated (Franchisee Owned Franchisee Operated - FOFO) businesses in Welness & FnB to cater to untapped markets in Tier-III cities in the state of Odisha - India. Tied up with National Brands as Lakme Salon (a Hindustan Unilever company) and Moti Mahal Delux (a 100 year old FnB chain) to own and operate their outlets at select cities of Odisha-India. While the FnB business required continued investments to grow, the Welness business was profitable from year 2. Hence after 4 straight successful years in operation, cashed out my stake in the FnB business and divested my stake (within the family) of the Welness business.
  • Star Union Dai-Ichi Life Insurance Co. Ltd
    Head (Vp) - Agency Channel
    Star Union Dai-Ichi Life Insurance Co. Ltd Sep 2012 - Aug 2015
    Pan-India (Hq - Mumbai)
    Highlights : (1) Executed Dai-Ichi Japan's mandate of expanding agency channel footprint at Star Union Dai-Ichi. (2) Took branch network to 49 in 12 months flat (3) With revenue growth of 300% in first 2 years. (4) 2 out of 4 regions were on Cash positive mode by Q4-FY2. (5) MDRT agents created by Y2 (6) Had a simple channel structure of 490 frontline managers reporting into 49 branch managers, who reported to 4 regional managers, who in turn reported in, to Me. And an Advisor(agency) force of 10,000 plus by end of FY2 end. (7) Was member of few mancoms, as part of the senior leadership team.
  • Aviva India
    Zonal Head (Avp) East Ii
    Aviva India Sep 2009 - Sep 2012
    East-Ii Zone, India
    Highlights : (1) Promoted as ZH of East-II zone - multi state profile (2) 3 locations of zone were in Top 10 branches of Pan-India YoY (3) Zone won awards in FY 10-11 & 11-12 for key metrics as New Business, Recruitment, Persistency (4) Won C.E.O's award for New Project execution assigned by Senior Leadership committee (5) Got L.I.M.R.A certified (6) Won another Annual National Award - the Blue Riband Award as ZH (7) Multiple MDRT agents created from the Zone from 2009 to 2012.
  • Aviva India
    Zonal Manager - Odisha
    Aviva India Jun 2007 - Sep 2009
    Odisha, India
    Highlights : (1) Was made Zonal Manager (State Head - Orissa) leading Bhubaneswar, Cuttack, Balasore (2) Piloted & established the Hub & Spoke model with upcountry branches - Keonjhar, Angul, Rourkela, Sambalpur & Berhampur (3) By end of FY 08-09, Odisha was at 8 locations & 15 units. (4) Was in Top 3 states Pan-India for FY 08-09 (5) Got sponsored for the coveted IIM-Ahmedabad's Accelerated Leadership Programme for FY 09-10
  • Aviva India
    Branch Head - Bhubaneswar & Spokes
    Aviva India Feb 2005 - Jun 2007
    Bhubaneswar, Odisha, India
    Highlights : (1) Opened Aviva's first branch at Odisha in Feb 2005 (2) Won the Annual National Award at Aviva for Blue Riband Branch Manager for the FY 2006-07 (3) Branch won on 2 metrics - New Business & Recruitment.
  • Sbi Life Insurance Co. Ltd.
    Agency Manager
    Sbi Life Insurance Co. Ltd. May 2003 - Feb 2005
    Bhubaneshwar Branch, India
    Highlights : (1) Promoted as Agency Manager of Bhubaneswar branch, leading a team of 5 Unit Managers (2) As Agency Manager was ranked in Top 3 Pan-India YoY
  • Sbi Life Insurance Co. Ltd.
    Unit Manager
    Sbi Life Insurance Co. Ltd. Feb 2002 - May 2003
    Bhubaneswar, India.
    Founder Member of SBI Life.Highlights : (1) Joined as the 1st batch of insurance professionals at SBI Life as Unit Manager (2) Won Numero Uno awards in Unit Manager role (3) Trained at the premier National Insurance Academy - Pune.
  • Abn Amro Bank(D.S.T) & E-Serve International
    Executive & Team Leader
    Abn Amro Bank(D.S.T) & E-Serve International May 1998 - Feb 2002
    Bhubaneswar And New Delhi, India
    Life's first stepping stones to the corporate world, after completing my MBA in Sales & Marketing. ABN Amro(Auto Loan D.S.T) at Bhubaneswar & E-Serve International at New DelhiHighlights : (1) Was Team Leader for ABN Amro auto loans D.S.T, leading a team of 7 executives for direct sales & dealership sales at TATA, Maruti & Hyundai dealerships (2) Was collection Sr.Executive at E-Serve International (formerly known as Citicorp Credit Services Limited.) at New Delhi. Handled Personal Loans portfolio collections.

Rakesh Das Skills

Insurance Management Relationship Management Bancassurance Cross Selling Mis

Rakesh Das Education Details

Frequently Asked Questions about Rakesh Das

What company does Rakesh Das work for?

Rakesh Das works for Dai-Ichi Life Insurance Myanmar

What is Rakesh Das's role at the current company?

Rakesh Das's current role is Director of Agency.

What is Rakesh Das's email address?

Rakesh Das's email address is rd****@****ail.com

What schools did Rakesh Das attend?

Rakesh Das attended Indian Institute Of Management, Ahmedabad, National Insurance Academy, Iilm, Ravenshaw University, Stewart School, Cuttack..

What skills is Rakesh Das known for?

Rakesh Das has skills like Insurance, Management, Relationship Management, Bancassurance, Cross Selling, Mis.

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