Derek Nazareth
About Derek Nazareth
Derek Nazareth serves as the Head of Global Operations and Country Head for AXA XL India, bringing extensive experience in financial services and leadership. He has a background in physiology and biochemistry from the University of Southampton and has held various senior roles across multiple international financial institutions.
Current Role at AXA XL
Derek Nazareth serves as the Head of Global Operations and Country Head for AXA XL India. He has held this position since 2016, contributing to the company's strategic direction and operational efficiency in New Delhi. His leadership encompasses overseeing various operational functions and ensuring alignment with AXA XL's global objectives.
Professional Experience
Derek Nazareth has extensive experience in the financial services sector. Prior to his current role, he worked at XL Catlin as Head of Enterprise Shared Services and Country Head India from 2014. He also held significant positions at Citizens Bank as Executive Vice President & COO, and at the Royal Bank of Scotland as Head of Retail and Commercial Markets in the Non-Core Division. His career spans over four decades, with roles in various countries including India, the UK, and the US.
Education and Expertise
Derek Nazareth earned a Bachelor of Science (Hons) in Physiology and Biochemistry from the University of Southampton, studying from 1976 to 1979. He further enhanced his leadership skills through the Executive Leadership Programmes at Harvard Business School from 2004 to 2006. His educational background supports his expertise in managing complex business environments and driving organizational change.
Leadership Style and Recognition
Derek is recognized for his charismatic leadership style, which emphasizes high professional standards and the ability to inspire confidence among team members. He is known for delivering significant change and business growth, as well as for his strategic thinking and effective communication skills. His ability to manage complex and rapidly evolving situations has been a hallmark of his career.
International Experience
Derek Nazareth has lived and worked across Europe, Asia, and the US, gaining a broad perspective on global financial services. His international experience enhances his capability to navigate diverse business landscapes and understand the nuances of different markets, contributing to his effectiveness in leadership roles.