What Happened?
Northbrook, IL-based Allstate Insurance Company has appointed Suren Gupta as Executive Vice President of Technology.
About the Company
We are the Good Hands: We help people realize their hopes and dreams through products and services designed to protect them from lifes uncertainties and to prepare them for the future. The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America. Allstate was founded in 1931 and became a publicly traded company in 1993. As of year-end 2012, Allstate had $127 Billion in total assets. In 2012, Allstate was number 93 on the Fortune 500 list of largest companies in America.
About the Person
Suren K. Gupta has been Executive Vice President of Enterprise Technology & Strategic Ventures - Allstate Insurance Company since January 5, 2014. Mr. Gupta served as Executive Vice President of Technology & Operations for Allstate Insurance Company since April 11, 2011. Mr. Gupta is responsible for enterprise wide technology strategy, network infrastructure, enterprise applications and technology-related governance, security and compliance activities. Most recently, Mr. Gupta was Wells Fargo Executive Vice President and Group Chief Information Officer for consumer lending. Previously, he held a similar role for Wells Fargo`s home and consumer finance group. Under his leadership, Wells Fargo re-engineered its real estate lending with new delivery capabilities that enabled the field sales force, serves customers more effectively with just-in-time information. Mr. Gupta was a founding member of the corporate executive team at Airclic Inc., a startup wireless Internet venture and senior vice president, information technology and operations for GMAC Residential, a division of General Motors. Mr. Gupta also has held senior operations, sales, marketing and strategic development roles at INTELSAT, a telecommunications company and at Thomson Corp. He has been a Director of Zions Bancorporation since March 2015. Mr. Gupta is a graduate of the Advanced Management Program at Harvard Business School. He also received a master`s degree in computer engineering from West Virginia University and an MBA from George Mason University.
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