SBI Life Executive and Leadership Team

July, 2026

Leadership Overview

SBI Life has 8 executives leading key functions including strategy, operations, finance, and distribution.

Driven by a commitment to financial security, SBI Life provides comprehensive life insurance solutions, fostering a culture of trust and customer-centricity across the Indian market.

Leadership Roles at SBI Life

  • Managing Director & Chief Executive Officer - Amit Jhingran
  • President & Chief Financial Officer - Sangramjit Sarangi
  • Chief Operating Officer - Rajnish Madhukar
  • Deputy Chief Operating Officer, Renewal, Retention & Servicing - Rajanikanth Vurimi
  • President & Chief Distribution Officer - Anand M
  • President, Appointed Actuary - Prithesh Chaubey
  • Chief Strategy Officer & President, Operations & Information Technology - Abhijit Gulanikar
  • President, Business Strategy - Santosh Chacko
  • Amit Jhingran - Managing Director & Chief Executive Officer

    Amit Jhingran, the Managing Director & Chief Executive Officer at SBI Life, directs the overall strategic vision and operational execution for the company. Jhingran oversees all business units, ensuring alignment with market demands and regulatory frameworks within the insurance sector. This leadership position involves driving growth initiatives and enhancing profitability through innovative product development and market penetration strategies. The Chief Executive Officer's mandate includes fostering strong stakeholder relationships and maintaining the company's competitive edge in the Indian financial services landscape. By championing a performance-driven culture, Amit Jhingran guides the organization towards achieving its long-term objectives and solidifying its market presence.

    Sangramjit Sarangi - President & Chief Financial Officer

    Sangramjit Sarangi, the President & Chief Financial Officer at SBI Life, directs the company's financial strategy, planning, and reporting. Sarangi oversees all fiscal operations, including budgeting, investment management, and capital allocation, ensuring financial health and compliance with regulatory standards. The Chief Financial Officer's purview extends to managing financial risks and optimizing the company's capital structure to support growth objectives. This executive is instrumental in providing financial insights to guide strategic decision-making and enhance shareholder value. Sangramjit Sarangi's leadership ensures robust financial governance and drives the company's financial performance in the competitive insurance market.
    Sangramjit Sarangi

    Rajnish Madhukar - Chief Operating Officer

    Rajnish Madhukar, the Chief Operating Officer at SBI Life, manages the day-to-day operational activities and ensures efficient service delivery across all departments. Madhukar's responsibilities encompass optimizing business processes, enhancing operational efficiency, and implementing robust risk management frameworks. The Chief Operating Officer plays a crucial role in streamlining workflows and leveraging technology to improve customer experience and operational scalability. This executive drives initiatives aimed at cost optimization and service excellence, directly impacting the company's ability to meet its service level agreements. Rajnish Madhukar's leadership ensures the seamless functioning of the organization, supporting its mission to provide reliable insurance solutions.
    Rajnish Madhukar

    Rajanikanth Vurimi - Deputy Chief Operating Officer, Renewal, Retention & Servicing

    Rajanikanth Vurimi, the Deputy Chief Operating Officer, Renewal, Retention & Servicing at SBI Life, focuses on maintaining and enhancing customer loyalty and policy continuity. Vurimi directs strategies for policy renewals, customer retention programs, and the overall servicing experience, ensuring high levels of customer satisfaction. This role is critical for sustainable revenue generation and minimizing customer churn within the insurance portfolio. The Deputy Chief Operating Officer, Renewal, Retention & Servicing oversees the teams responsible for policyholder support and engagement, driving initiatives that strengthen customer relationships. Rajanikanth Vurimi's efforts are central to building a loyal customer base and ensuring long-term policy value.

    Anand M - President & Chief Distribution Officer

    Anand M, the President & Chief Distribution Officer at SBI Life, leads the development and execution of the company's distribution strategies across various channels. M oversees the expansion and management of sales networks, including agency, bancassurance, and direct sales, to maximize market reach and policy sales. The Chief Distribution Officer's role is pivotal in driving revenue growth by ensuring effective product placement and sales force productivity. This executive focuses on building strong partnerships and optimizing the sales funnel to acquire new customers and deepen market penetration. Anand M's strategic direction ensures SBI Life's products are accessible to a broad customer base across India.
    Anand M

    Prithesh Chaubey - President, Appointed Actuary

    Prithesh Chaubey, the President, Appointed Actuary at SBI Life, holds primary responsibility for the company's actuarial functions and financial soundness. Chaubey leads the assessment of insurance risks, pricing of products, and the calculation of reserves, ensuring compliance with statutory requirements. The Appointed Actuary's role is critical in evaluating the financial implications of business decisions and ensuring the long-term solvency of the company. This executive provides expert actuarial analysis to support product development and risk management strategies. Prithesh Chaubey's technical expertise is fundamental to maintaining the financial integrity and regulatory compliance of SBI Life's insurance offerings.

    Abhijit Gulanikar - Chief Strategy Officer & President, Operations & Information Technology

    Abhijit Gulanikar, the Chief Strategy Officer & President, Operations & Information Technology at SBI Life, drives the company's strategic planning and oversees its operational and technological infrastructure. Gulanikar is responsible for formulating long-term strategic initiatives, enhancing operational efficiency, and managing the IT systems that support business functions. The Chief Strategy Officer & President, Operations & Information Technology ensures that technology investments align with business goals and that operational processes are optimized for performance and scalability. This executive plays a key role in digital transformation efforts and the integration of advanced technologies to improve customer service and internal operations. Abhijit Gulanikar's dual focus ensures strategic foresight and robust execution capabilities.

    Santosh Chacko - President, Business Strategy

    Santosh Chacko, the President, Business Strategy at SBI Life, focuses on identifying and developing new business opportunities and strategic partnerships. Chacko leads market analysis, competitive intelligence, and the formulation of growth strategies to expand SBI Life's market share and product offerings. The President, Business Strategy is instrumental in evaluating potential mergers, acquisitions, and new ventures that align with the company's long-term vision. This executive drives initiatives aimed at innovation and diversification within the insurance sector. Santosh Chacko's strategic insights are crucial for navigating market dynamics and positioning SBI Life for sustained success and expansion.
    Santosh Chacko

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    Frequently Asked Questions Regarding SBI Life Top Executives and Leadership Team

    Who leads SBI Life?
    SBI Life is led by Amit Jhingran (Managing Director & Chief Executive Officer), along with executives such as Sangramjit Sarangi (President & Chief Financial Officer) and Rajnish Madhukar (Chief Operating Officer).
    Who is part of SBI Life’s executive team?
    The executive team of SBI Life includes leaders such as Amit Jhingran (Managing Director & Chief Executive Officer), Sangramjit Sarangi (President & Chief Financial Officer), Rajnish Madhukar (Chief Operating Officer) and other senior executives.
    How many executives does SBI Life have?
    SBI Life has 8 executives leading key business areas.
    What roles are included in SBI Life’s leadership team?
    The leadership team of SBI Life includes roles such as Managing Director & Chief Executive Officer, President & Chief Financial Officer, Chief Operating Officer, Deputy Chief Operating Officer, Renewal, Retention & Servicing, President & Chief Distribution Officer.