Aditya Birla Sun Life Insurance Opens First All-Women Branch in Mulund
Mumbai, Maharashtra – Aditya Birla Sun Life Insurance Company Limited (“ABSLI”) has inaugurated its first all-women branch in Mulund (West), Mumbai. This strategic move underscores the company’s dedication to providing meaningful career opportunities for women and strengthening its presence within the city.
This initiative, which follows the celebration of International Women’s Day, is part of a broader Diversity, Equity, and Inclusion (DE&I) program across Aditya Birla Capital businesses. The branch will be staffed by 50 women, with plans to expand the workforce in the coming months.
Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company Limited, at the opening of the all-women branch in Mulund.
Kamlesh Rao, MD & CEO of Aditya Birla Sun Life Insurance Company Limited, emphasized the importance of this initiative, stating, “Women invariably find themselves always at the center of expectations, responsibilities, sacrifices, aspirations, and life-changing circumstances. The launch of our first ‘all women’s branch’ reflects our commitment to creating opportunities for women to build sustainable careers. By providing a supportive work environment, we aim to help them achieve financial independence.”
The Mulund branch features a dedicated play area, designed to allow employees and advisors to work efficiently while their children are engaged within the premises, further highlighting ABSLI’s commitment to work-life balance.
Aditya Birla Sun Life Insurance Company Limited (ABSLI) is a subsidiary of Aditya Birla Capital Ltd (ABCL). Established in 2000 and commencing operations in 2001, ABSLI is a joint venture between the Aditya Birla Group and Sun Life Financial Inc. ABSLI offers a range of financial products, including life insurance solutions, that address various customer needs, such as children’s future plans, wealth protection, retirement and pension solutions, and health plans.
As of December 31, 2024, ABSLI’s assets under management (AUM) totaled Rs. 97,286 Cr. The company recorded a gross premium income of Rs. 13,605 Cr, demonstrating a year-over-year growth in gross premium with individual business FYP with single premium at 10% at 22.5%. ABSLI currently has a wide distribution network including 380+ branches, 11 bancassurance partners, and 6 distribution channels with over 62,600+ direct selling agents.
Aditya Birla Capital Limited (ABCL) is the holding company for the financial services businesses. Through its subsidiaries and joint ventures, ABCL delivers a range of financial solutions across loans, investments, insurance, and payments. As of December 31, 2024, ABCL manages aggregate assets under management of over Rs. 5.03 Lakh Crore with a consolidated lending book exceeding Rs 1.46 Lakh Crore. The Aditya Birla Group, of which ABCL is a part, is a global conglomerate with a presence in over 40 countries.
