Tata Digital CEO Naveen Tahilyani resigns after a year, joins Prudential

Naveen Tahilyani has stepped down as CEO and Managing Director of Tata Digital, a little over a year after taking charge in February 2024. Handpicked by Tata Sons Chairman N Chandrasekaran, Naveen was brought in to steer a turnaround at the company, which has struggled to keep pace with ecommerce and quick commerce rivals.

He has now joined Prudential plc, the UK-based multinational insurance and asset management firm, as Regional CEO overseeing operations in India, Africa, the Philippines, Cambodia, Laos, and Myanmar, with additional responsibility for the health vertical, the company announced in a press release.

He will assume the role on July 29, joining Prudential’s Group Executive Committee and reporting to CEO Anil Wadhwani. Based in India, Naveen succeeds Solmaz Altin, who is returning to Europe.

Separately, Rajeev Mittal has been named CEO of Eastspring Investments, Prudential’s asset management arm, effective 1 July.

He will be based in Singapore, report to Wadhwani, and join the Group Executive Committee. Rajeev replaces Bill Maldonado, who is retiring and returning to the UK after four years abroad. Bill will remain an advisor through September and continue serving on the board of ICICI Prudential AMC.

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Rajeev brings over three decades of experience, including leadership roles at Fidelity International, PineBridge Investments, and AIG, where he oversaw asset management across Asia and Europe.

Commenting on the appointments, Anil Wadhwani said, “Naveen brings the right experience and regional insight to help drive growth in key emerging markets and expand our health business. I’m also pleased to welcome Rajeev, whose extensive experience in Asia positions him well to lead Eastspring into its next phase. I want to thank Bill for his leadership and contributions to the business.”

(The copy was updated with changes.)