The Board of Directors of SBI Life Insurance Company Ltd, at its Meeting held on May 08, 2020, has approved the appointment of Mr. Mahesh Kumar Sharma currently Deputy CEO, as the Managing Director & CEO of the Company with effect from May 9, 2020, subject to IRDAI approval.
The current Managing Director & Chief Executive Officer of the company, Mr. Sanjeev Nautiyal, has been posted as Deputy Managing Director in SBI and accordingly will be relieved of his duties as Managing Director & Chief Executive Officer of the Company from the close of business hours today.
Mr. Sharma joined State Bank of India as Probationary Officer in the year 1990 and has held several assignments in all areas of Banking. During a span of more than 29 years in the Bank, he has served in various geographical locations both in India and abroad. He was posted as DGM (B&O), Jaipur & DGM, LHO Delhi. He was also posted as Chief Executive Officer, State Bank of India, Tel Aviv Branch. Till recently he was posted as Regional Head, East Asia, Hong Kong.
