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SBI General Insurance announces Naveen Chandra Jha as the new Managing Director & Chief Executive Officer

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Mumbai, twenty sixth June 2024: SBI General Insurance Company Ltd. has introduced the appointment of Shri Naveen Chandra Jha as its new Managing Director & Chief Executive Officer. He was nominated by the guardian firm, State Bank of India, for the place. He succeeds Shri Kishore Kumar Poludasu.

Shri Naveen Chandra Jha has been related to State Bank of India since 1994 and has held a number of key positions throughout his tenure. Prior to his present function at SBI General Insurance, Shri Naveen Chandra Jha, Deputy Managing Director, State Bank of India, served as the Chief General Manager of Amaravati Circle, Andhra Pradesh.

Shri Naveen Chandra Jha brings over three many years of in depth expertise in the banking trade. Throughout his profession, he has held varied vital useful and operational roles, together with Branch Management, Credit and Risk Management with a give attention to SME Credit, HR & Administration, and Retail Banking. He has excelled in quite a few essential roles such as Regional Manager, Deputy General Manager (CDS), Deputy General Manager (Cadre Management), General Manager of Network, and Chief General Manager of the Circle.

During his tenure, the Amaravati Circle was persistently perceived as the top-performing circle. He has made important contributions to enterprise growth and has been acknowledged for his distinctive service by being chosen for the Chairman’s Club in Branch supervisor class in 2005 and as Regional Manager in 2015.

At SBI General Insurance, Shri Naveen Chandra Jha is ready to leverage his huge expertise and enterprise acumen to drive the firm in direction of better success. His emphasis on general enterprise technique, operations, budgeting, and strategic progress aligns completely with the firm’s mission of being a number one participant in the trade.

Shri Jha firmly believes that the engagement of human assets and buyer centricity are key to the success of any group. He has persistently labored in direction of making certain that each worker satisfaction and buyer expertise are prioritized. His motto, “Great Numbers with Excellent Quality,” displays his dedication to attaining excellent outcomes whereas sustaining excessive requirements of service and operational excellence. Shri Jha’s in depth expertise can be invaluable as SBI General Insurance continues to navigate it’s path to success aiming to offer “Suraksha aur Bharosa Dono” to all its clients.


Mansi Praharaj

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