~Jeff Thomson to be the Head Coach~
~Announces Roger Binny as the coach for pacers and Raghuram Bhatt for spinners~
~Thomson to select 2 pacers to travel with him to Brisbane for advanced training~
~Karnataka under 19 pacers, Ruchir Joshi &Shashank K., felicitated with IDBI Federal Life Insurance Frank Tyson Scholarships~
Bengaluru, 4th February 2016: IDBI Federal Life Insurance, a private life insurer, today announced its affiliation with the Karnataka State Cricket Association (KSCA) for the launch of a bowling foundation. The entity will be called KSCA - IDBI Federal Life Insurance Bowling Foundation. The company also has a similar tie-up with Mumbai Cricket Association (MCA) for MCA - IDBI Federal Life Insurance Bowling Foundation. The Foundations will help the respective cricket associations to nurture the bowling talent under the guidance of top coaches and cricket experts.
During the press meet it was also announced that former India players, Roger Binny and Raghuram Bhatt will be part of the Bowling Foundation.
At the launch announcement, 2 talented Karnataka pacers, Ruchir Joshi and Shashank K. were felicitated with the ‘IDBI Federal Life Insurance Frank Tyson Scholarship’ instituted by the company. Both the bowlers have successfully represented Karnataka in the Cooch Behar U-19 State tournament this year. The promising pace bowlers who were selected by KSCA for the scholarship were presented with a cheque of Rs. 2 lakhs each, at the event.
Former Mumbai pacer and CEO, IDBI Federal Life Insurance, VighneshShahane, said, “Having been a bowler myself, I fully understand that quality coaching is paramount to the development of any bowler. Binny and Thommo make for an enviable coaching combination at the Foundations for the pacers. Spinners too need proper guidance. I am confident that this development will prove to be a springboard for the future success of these talented bowlers. As they gain from this foundation, they will also have a positive impact on the Indian cricketing landscape.”
Arguably that fastest bowler in world cricket, Jeff Thomson, said, “The Bowling Foundation in Mumbai has given me enough learning opportunity about the Indian conditions and what I stress on the bowlers to work upon. It has been an exciting experience with Mumbai and when I was offered the responsibility to groom Karnataka talent, I couldn’t but accept the offer. My focus will be on their technique but, more importantly, on their mental strength.”
Thomson who was recently inducted to the Australian Cricket Hall of Fame, will also select 2 pacers to travel with him to Brisbane for a 3 weeks training in June – July this year for advance coaching.
“It is a wonderful moment for us at KSCA to be inking this deal with IDBI Federal Life Insurance for the launch of this Bowling Foundation with Jeff Thomson. With our constant endeavour to provide better training, we have many youngsters in various age groups who are being nurtured. To be groomed by some of the famed bowlers from yesteryears will be a dream come true for many youngsters”, said Brijesh Patel, Hon Secretary of the Karnataka State Cricket Association (KSCA).
About IDBI Federal Life Insurance
IDBI Federal Life Insurance is one of India’s growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to individual and corporate customers.
IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe.
Having commenced operations in 2008, IDBI Federal was able to achieve breakeven within just 5 years; the Company’s passion for innovation and growth helped it achieve this feat.
Through a nationwide network of 2, 964 branches of IDBI Bank and Federal Bank, and a sizeable network of advisors and partners, IDBI Federal Life Insurance has achieved presence across the length and breadth of the country. As on March 31, 2015, the company has issued nearly 7.88 lakh policies with a sum assured of over Rs. 41,856 crore. IDBI Federal Life Insurance has total assets under management of 4,087 crore and a robust capital base of over 800 crores, as on March 31, 2015.
About the sponsors of IDBI Federal Life Insurance Co Ltd
IDBI Bank Ltd. continues to be, since its inception, India’s premier industrial development bank. It came into being as on July 01, 1964 to support India’s industrial backbone. Today, it is amongst India’s foremost commercial banks, with a wide range of innovative products and services, serving retail and corporate customers in all corners of the country from 1389 branches and 2301 ATMs. The Bank offers its customers an extensive range of diversified services including project finance, term lending, working capital facilities, lease finance, venture capital, loan syndication, corporate advisory services and legal and technical advisory services to its corporate clients as well as mortgages and personal loans to its retail clients. As part of its development activities, IDBI Bank has been instrumental in sponsoring the development of key institutions involved in India’s financial sector – National Stock Exchange of India Limited (NSE) and National Securities Depository Ltd, SHCIL (Stock Holding Corporation of India Ltd), CARE (Credit Analysis and Research Ltd).
Federal Bank is one of India’s leading private sector banks, with a dominant presence in the state of Kerala. It has a strong network of over 1,142 branches and 1,312 ATMs spread across India. The bank provides over four million retail customers with a wide variety of financial products. Federal Bank is one of the first large Indian banks to have an entirely automated and interconnected branch network. In addition to interconnected branches and ATMs, the Bank has a wide range of services like Internet Banking, Mobile Banking, Tele Banking, Any Where Banking, debit cards, online bill payment and call centre facilities to offer round the clock banking convenience to its customers. The Bank has been a pioneer in providing innovative technological solutions to its customers and the Bank has won several awards and recommendations.
Ageas is an international insurance group with a heritage spanning 190 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and the UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading non-life player through AG Insurance. In the UK, Ageas is the second largest Motor insurer and has a strong presence in the growing over 50's market. Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has annual inflows of more than EUR 23 billion.
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