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Corporate Social Responsibility @ SUD Life

  1. ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​We at SUD Life believe in the philosophy of Charity begins at Home. We believe that our country can become successful only when the basic necessities are accessible to both rural and urban India. India can become a super power when we as a nation stand for integrated community development
  2. SUD Life started the journey of CSR with distribution of essentials like water and food grains to the residents of drought effected areas in Maharashtra. To take a step forward in this direction, SUD Life Foundation was established on 8th February, 2016 with an intention of giving an honest attempt to bring about a small change. It is not a claim to forefront a revolution, rather the objective of the Company is to lead by example. We encourage our employees to actively participate in our CSR initiatives and contribute to the society.

  3. It is our endeavour to work with villages in developing sustainable infrastructure to provide basic necessities like water, healthcare & sanitation, education along with better irrigation systems to support their livelihood.

  4. ​​ To take this forward the company has initiated its CSR activities in Bolegaon and Mohpuri village in Jalna district, Maharashtra. The vision of the Company is to make total turnaround of these villages where CSR activities have been initiated and to make their habitant self-sufficient. Our main focus areas are:​

  5. 1.Agriculture
  6. ​2.Education
  7. ​3.Health and Sanitation
  8. ​4.Employment
  9. ​5.​Others continues Support


Ms. Neharika VohraChairperson​​​​​

Ms.​ Neharika Vohra has been serving the company as Independent Director since March 2017. She is specialist in behavioural science and currently working as Professor in Organizational Behaviour area at IIM Ahmedabad. She holds Ph.D in Social Psychology from University of Manitoba, Canada. Presently serving as Chairperson of Centre for Innovation, Incubation, and Entrepreneurship Initiative (CIIEI) at IIMA. She has total 23 years of teaching experience.

Mr. ​A​tul Kumar Goel Member

Mr. Atul Kumar Goel has been serving the company as Non-Executive Director of the Company since April 2017. He is an Executive Director of Union Bank of India since September 2016. Prior to his elevation as Executive Director, he was General Manager and Chief Financial Officer at Allahabad Bank. During twenty four years of service in Allahabad Bank he handled Finance & Accounts, International Banking, Treasury, Joint Venture, Corporate Credit, Foreign Exchange Business and Treasury and take proactive result oriented measures to garner market share.​​

Mr. Ramesh Adige Member

Mr. Ramesh Adige has been serving the company as an Independent Director since December 2017. He is graduate in Engineering (Honours) and post Graduate in Business Administration. He has experience in Public Affairs & Public Policy, Corporate Strategy, Branding, Corporate Communications, International Trade Policy, Intellectual Property policy, Banking & Finance and Sales & Marketing. As an independent director in Syndicate Bank, he also gained experience on function of Public Sector Banks. He has total 43 years of experience.

Mr. Hidehiko SoganoMember​

Mr. Hidehiko Sogano has been serving the company as Non-Executive Director since April 27, 2018. He is an Executive Officer of Dai-ichi Life Holdings Inc. (Japan) since April 27, 2018. He is also designated as a Chairman in Dai-ichi Life International (Europe) since October 2016. He joined the Bank of Japan in April 1983 and experienced Planning Dept., International Dept., Financial Market Dept. and Branch Manager of Naha and Sapporo. He joined Dai-ichi Life (Japan) in July 2015. He has vast experience of 35 years in various assignments related to finance market, planning and co-ordination division, international business management etc.

Mr. Girish Kulkarni Member​

​Mr. Girish Kulkarni has been serving the Company as MD & CEO since May 15, 2012. He is a Management Graduate with more than 20 years of experience in Financial Services. He also brings with him more than a decade’s experience in life insurance industry. Before taking up the assignment with Star Union Dai-ichi Life Insurance, he was serving as General Manager of Assicurazioni Generali-United Arab Emirates; prior to that, he was the Executive Director and Chief Marketing Officer of Future Generali Life Insurance Company Limited-India.

Desilting of Pond​

​Agriculture being the reason of existence of villagers of Bolegaon and Mohpuri, there wa​s need to support on water conservation so that two crops in a year would be a reality for these villages. With this objective, the focus was on conservation of water by way of desilting of pond at Mohpuri in FY 2015-16.



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Support to Students ​​​​

As Bolegaon and Mohpuri villages are under poverty, the students stop going school due to the lack of basic needs like uniform, books, bags etc. as well as the depleting school infrastructure was also demotivating students and parents for education. With this thought the Company provided school uniform, shoes, socks, school bags and note books etc. For wholesome growth of students, the Company also distributed sport items like football, volleyball and badminton to the students. The Company has also donated equipment for special Children in Mulund, Mumbai.



Computer Education ​​​

The Company has provided Computers with basic software, projector, printer and sound box to school of both the villages which will equip the students with the skill, knowledge and understanding of Computer. The computer education will give an edge to the quality of their education.


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School Infrastructure / Amenities​​​

The Company has taken initiatives to improve the basic infrastructure of the schools in both the villages. The Company has constructed computer room, water room, maintenance of existing class rooms like roof construction, distribution of bookshelf, Computer Table, Fans, Tube light, etc. to the school administration for the benefit of the students of the schools.



Women Empowerment​

The Company believes in Mulgi Sikli Pragati Jhali (Nation will Develop with Education of Girls). In the direction of making the women self dependent, the Company has distributed Track suit, Blazer and Trouser to “Him Jyoti School” at Dehradun which gives free residential schooling to under privileged girls. The Company has also distributed Bicycles to girls in Bolegaon and Mohpuri village who go out of the village for higher education​


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Social Securities ​​​

Villagers were educated about benefit of PMJJBY and PMSBY scheme to cover their family and to provide security to their loved ones. The Company has taken initiative to cover villagers under PMJJBY and PMSBY schemes of the Indian Government by paying premium on their behalf with the vision of making them self-sufficient in near future to pay premium on their own.


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Drinking Water

India as a country is not fortune to have equal rain distribution in every part, wherein some areas are deprived of this most important source of life and Bolegaon and Mohpuri are few of them. The Company understand an importance of water in human life. Both the village have severe problem of water due to draught. There is no reservoir to store water. SUD Life has taken an initiative to provide drinking water in Mohpuri and Bolegaon. In this direction Borewells were installed in both the villages and in addition to it, water Filter, wash basin and tap for water, etc., were also provided in schools.


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Swachh Vidyalaya (Clean School)​​​

Swachh Vidyalaya is the national mission driving Clean India: Clean Schools. Under this mission, it is to ensure that every school in India has a set of functioning and well maintained water, sanitation and hygiene facilities. SUD Life has contributed in Swachh Vidyalaya Mission of the Nation with construction of separate toilet for both boys and girls in school in Mohpuri and Bolegaon villages. ​


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Swachh Bharat Abhiyaan (Clean India Mission) ​​​​

Under Swachh Bharat Abhiyaan, the Shramdan was carried out by the Company at Vashi Railway Station, Navi Mumbai, which covered outside and foot court area of the Vashi Railway Station in which the employees at corporate office, Mumbai partic​ipated. Also, a Swachh Awareness Campaign was initiated in Vashi Station, where employees from the corporate office participated​.



Employment to Youth and Women ​​​

With a purpose of shifting the dependency from Agriculture and giving motivation for higher studies, the Company inspires the youth to get employment in private sector. The Company has also offered jobs to competent youth in villages. The Company distributed sewing machines to the widows of both villages to make them independent.


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Conservation of Energy

Armed with a new sense of urgency to fix the problems of power supply, rising power costs, and increasing dependence on imported coal, the Government of India is promoting Solar Energy. In this direction, the Company has provided Solar Panel for School in Bolegaon and Mohpuri. The Company has also provided solar street lights at identified public places in both the villages.


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Launch of the book titled “You are the only one but never a lonely one” by Dai-ichi Life Japan

The Dai-ichi Life Insurance Co. Ltd., Japan one of the three joint venture partner of SUDlife, sponsored the launch of pictorial book along with distribution of school bags, containing a pencil box, water bottle and lunch box to over 450 needy primary students of four identified schools in Mumbai, at a function held at the Yashwantrao Hall, Nariman Point. Mr. Yoshiaki Ito, Council-General of Japan in Mumbai, and Chief Guest for the occasion launched the book. He along with Mr. Koichiro Watanabe, President, Dai-ichi Life, Japan and Mr. Girish Kulkarni, MD & CEO of SUDlife, did the honours of distributing the book and school bags. The book titled “You are the only one but never a lonely one” was conceived by XYZ Crosswise, a NPO from Japan, post the Tsunami and earthquake that hit Japan in March 2011



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Supply of food in drought effected area

SUD Life supported two villages named Mohpuri and Bolegaon at District Jalna, Maharashtra when these villages were affected with a severe draught in 2013-14. The Company had distributed potato, onion, rice, and jowar with spices to the families of both villages. The Company also provided water tanker of 12000 liters to the village for two months.​​

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Contribution to Natural Disaster Relief Fund​​​​

Severe floods were reported in Jammu & Kashmir during the first week of September 2014 in its many of the districts which caused the loss of life and property. A small contribution was made to the Prime Minister Relief Fund towards relief for flood affected people in Jammu and Kashmir. Further, contribution was also made to People for Animals.


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Registered with IRDAI as Life Insurance Company, Registration No. 142.

Registered Office : 11th Floor, Vishwaroop I.T . Park, Plot No. 34, 35 & 38, Sector: 30A of IIP, Vashi, Navi Mumbai – 400 703.

Telephone No.: 022-39546200, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.

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