Fairfax India Holdings Corporation announced that, Gopalakrishnan (Gopal) Soundarajan, currently the Chief Operating Officer and a director of Fairfax India will be appointed Chief Executive Officer (CEO) of Fairfax India effective July 1, 2024. The current CEO of Fairfax India, Chandran Ratnaswami will become Executive Vice Chairman of Fairfax India effective July 1, 2024. Gopal joined Fairfax in 2019 and has played an important role in Fairfax and Fairfax India?s investments in India.

Prior to joining Fairfax, Gopal was head of investments at ICICI Lombard General Insurance Company Limited (?ICICI Lombard?) and had an outstanding track record managing ICICI Lombard?s investments. Chandran joined Fairfax as a Portfolio Advisor and Director of International Investments in 1993 and has been CEO of Fairfax India since its inception in 2015. In his role as Executive Vice Chairman, Chandran will continue to remain fully engaged in the Company?s investments and operations and will continue to serve on the board of directors of Fairfax India.