SBI Life Insurance appoints Arijit Basu as MD, CEO

Tags: News
SBI Life Insurance today said it has appointed Arijit Basu as Managing Director and Chief Executive Officer.

Basu has held several key positions in various circles of State Bank of India including the Bank's office at Tokyo. He has also served as General Manager at the Bank's Mumbai circle and the mid corporate group at Ahmedabad as well as the Financial Institutions Group, International Banking at corporate centre, Mumbai.

His last assignment was chief general manager of the Delhi circle.

"The key focus for SBI Life Insurance would be to further tap the immense potential in the market and reach out to millions of Indians who do not have a risk cover," Basu said.

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74 per cent of the total capital and BNP Paribas Cardif the remaining 26 per cent.

EDITORIAL OF THE DAY

  • Strict disclosure norms on unspent client funds will only help the market grow

    The Securities and Exchange Board of India’s (Sebi’s) reported move to make it difficult for stockbrokers to misuse client funds should be a much-

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Tushar Gandhi

An unexplored side of rural enterprise

What is rural enterprise? Ask this qu­estion and 9 out ...

Kuruvilla Pandikattu

Black and white of morality

Would you kill one innocent person to save five? Choose ...

Dharmendra Khandal

So, how do we define a 'vermin'?

These days there’s an ongoing debate whether to declare various ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture