Amit Jhingran is appointed as the new CEO of SBI Life Insurance.

29 Sep 2023 , 11:17 AM

The present Managing Director & CEO of SBI Life Insurance Company has been transferred to occupy a position with the parent State Bank of India, the company said on September 28.

The appointment of Amit Jhingran as the business’s MD and CEO with effect from October 1, 2023, was authorized by the Board of Directors at its meeting on September 28th, the company stated in a regulatory filing.

In August 1991, Amit Jhingran began working for the State Bank of India as a probationary officer. He has held numerous positions in international banking, retail banking, and branch management throughout the course of his 30-year career with SBI.

He formerly held the positions of CEO of SBI, Chicago, and Chief General Manager, Hyderabad Circle. Throughout his career, he has also held a variety of positions, including Regional Manager, and has led a number of branches that were directly under his supervision.

Mahesh Kumar Sharma, the company’s current MD & CEO, has been appointed as the Deputy Managing Director in SBI’s Corporate Centre and will thereafter be released of his duties as of the end of business on September 30, 2023.

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