SBI Life Executive and Leadership Team

August, 2026

Leadership Overview

SBI Life has 8 executives leading key functions including strategy, operations, financial management, distribution, and actuarial science.

Committed to providing comprehensive insurance solutions, SBI Life delivers financial security through innovative life insurance packages and services 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
  • Chief Strategy Officer & President, Operations & Information Technology - Abhijit Gulanikar
  • President, Business Strategy - Santosh Chacko
  • President, Appointed Actuary - Prithesh Chaubey
  • Amit Jhingran - Managing Director & Chief Executive Officer

    Amit Jhingran, the Managing Director & Chief Executive Officer at SBI Life, directs the overarching corporate strategy and long-term vision for the organization. Overseeing the entire insurance portfolio, the Managing Director & Chief Executive Officer ensures alignment between product development and the evolving needs of the Indian insurance market. This leadership role involves constant collaboration with the Board to maintain fiscal health and market competitiveness. By driving operational excellence across all departments, Amit Jhingran secures the company's position as a leader in the life insurance sector. The Managing Director & Chief Executive Officer prioritizes sustainable growth and customer-centric service models to enhance brand value. Through rigorous oversight of organizational performance, the executive maintains high standards of governance and regulatory compliance. Ultimately, Jhingran fosters a culture of innovation that supports the delivery of reliable financial protection to millions of policyholders throughout the region.

    Sangramjit Sarangi - President & Chief Financial Officer

    Sangramjit Sarangi, the President & Chief Financial Officer at SBI Life, manages the financial health, capital allocation, and fiscal reporting of the organization. Overseeing the entire financial department, the President & Chief Financial Officer ensures rigorous adherence to regulatory standards and internal audit requirements. This leadership role involves strategic planning for investment portfolios and managing the company's balance sheet to support long-term growth. By providing accurate financial insights, Sangramjit Sarangi enables the executive team to make informed decisions regarding product pricing and market expansion. The President & Chief Financial Officer maintains strong relationships with investors and stakeholders to ensure transparency and trust. Through disciplined cost management and revenue optimization, the executive strengthens the company's market position. Ultimately, Sarangi drives the financial stability required to fulfill long-term insurance obligations to policyholders while delivering consistent value to shareholders across the national market.
    Sangramjit Sarangi

    Rajnish Madhukar - Chief Operating Officer

    Rajnish Madhukar, the Chief Operating Officer at SBI Life, manages the daily execution of insurance service delivery and internal process optimization. Overseeing the core operational infrastructure, the Chief Operating Officer streamlines workflows to improve efficiency in policy issuance and claims processing. This leadership role requires constant coordination with regional teams to ensure seamless service delivery across the vast Indian landscape. By implementing advanced digital tools, Rajnish Madhukar enhances the speed and accuracy of administrative functions. The Chief Operating Officer monitors key performance indicators to identify bottlenecks and implement corrective measures immediately. Through meticulous management of operational resources, the executive supports the company's mission to provide accessible insurance solutions. Ultimately, Madhukar drives the operational scalability necessary to accommodate the growing volume of policyholders while maintaining the high service standards expected from a premier insurance provider.
    Rajnish Madhukar

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

    Rajanikanth Vurimi, the Deputy Chief Operating Officer, Renewal, Retention & Servicing at SBI Life, architects strategies to maximize policyholder loyalty and long-term engagement. Overseeing the critical functions of renewal and retention, the Deputy Chief Operating Officer, Renewal, Retention & Servicing ensures that existing customers receive consistent value and support. This leadership role involves analyzing churn patterns and developing targeted initiatives to maintain high retention rates across diverse market segments. By optimizing the servicing experience, Rajanikanth Vurimi strengthens the relationship between the company and its policyholders. The Deputy Chief Operating Officer, Renewal, Retention & Servicing collaborates with technology teams to automate renewal reminders and simplify the payment process. Through proactive communication and service excellence, the executive mitigates risk and stabilizes the revenue base. Ultimately, Vurimi secures the company's financial longevity by prioritizing the ongoing satisfaction and continued trust of the existing customer base.

    Anand M - President & Chief Distribution Officer

    Anand M, the President & Chief Distribution Officer at SBI Life, directs the expansion and management of the company's multi-channel sales network. Overseeing the distribution strategy, the President & Chief Distribution Officer ensures that insurance products reach customers effectively through various platforms and partnerships. This leadership role involves training and motivating a vast sales force to meet ambitious growth targets across the country. By analyzing market trends, Anand M identifies new opportunities for distribution and optimizes existing channels to maximize reach. The President & Chief Distribution Officer collaborates with marketing teams to align sales efforts with brand messaging and product launches. Through the development of robust distribution partnerships, the executive increases market penetration and revenue generation. Ultimately, M drives the company's commercial success by ensuring that high-quality insurance solutions are accessible to a broad and diverse customer base throughout the region.
    Anand M

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

    Abhijit Gulanikar, the Chief Strategy Officer & President, Operations & Information Technology at SBI Life, architects the digital transformation and long-term strategic roadmap for the company. Overseeing the integration of information technology with core operations, the Chief Strategy Officer & President, Operations & Information Technology ensures that the company leverages data to improve service delivery and decision-making. This leadership role involves identifying emerging technologies that can enhance the customer experience and streamline internal processes. By aligning IT infrastructure with strategic business goals, Abhijit Gulanikar drives innovation across the organization. The Chief Strategy Officer & President, Operations & Information Technology manages complex projects that modernize legacy systems and improve operational agility. Through the implementation of scalable technology solutions, the executive supports the company's competitive edge in the insurance industry. Ultimately, Gulanikar secures the future of the business by fostering a culture of continuous technological advancement and strategic foresight.

    Santosh Chacko - President, Business Strategy

    Santosh Chacko, the President, Business Strategy at SBI Life, develops and executes high-level initiatives to capture new market segments and enhance competitive positioning. Overseeing the business strategy function, the President, Business Strategy analyzes industry trends and competitor behavior to inform corporate direction. This leadership role involves identifying growth opportunities and designing frameworks for new product development. By conducting deep market research, Santosh Chacko provides the insights necessary to pivot strategies in response to changing economic conditions. The President, Business Strategy collaborates with other C-suite leaders to ensure that strategic goals are integrated into daily operations. Through the formulation of long-term business plans, the executive drives the company's evolution in a dynamic insurance landscape. Ultimately, Chacko ensures that the organization remains agile and responsive, consistently delivering innovative solutions that meet the evolving financial needs of customers across the national market.
    Santosh Chacko

    Prithesh Chaubey - President, Appointed Actuary

    Prithesh Chaubey, the President, Appointed Actuary at SBI Life, manages the mathematical modeling, risk assessment, and financial solvency of the insurance portfolio. Overseeing the actuarial department, the President, Appointed Actuary ensures that all insurance products are priced accurately to reflect risk while maintaining profitability. This leadership role involves rigorous analysis of mortality data and economic projections to ensure the company meets its long-term obligations to policyholders. By providing critical insights into risk management, Prithesh Chaubey enables the company to maintain a strong capital position. The President, Appointed Actuary collaborates with the finance and strategy teams to ensure that product design aligns with regulatory requirements and risk appetite. Through precise actuarial calculations, the executive safeguards the financial integrity of the organization. Ultimately, Chaubey provides the technical foundation necessary for the company to offer reliable and sustainable insurance protection to the public.

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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.