SBI Life Executive and Leadership Team

November, 2026

Leadership Overview

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

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
  • 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 overarching corporate strategy and long-term vision for the organization. Overseeing the executive leadership team, the Managing Director & Chief Executive Officer ensures alignment between internal operational goals and the broader mission of providing accessible life insurance solutions. This leadership role involves navigating complex regulatory landscapes while driving sustainable growth across the Indian insurance sector. By fostering a culture of excellence and customer-centricity, Amit Jhingran maintains the company's competitive edge in a rapidly evolving market. The Managing Director & Chief Executive Officer collaborates closely with the Board to optimize capital allocation and enhance shareholder value. Through rigorous oversight of organizational performance, the Managing Director & Chief Executive Officer secures the stability and future expansion of the enterprise, ensuring that every strategic initiative supports the core objective of protecting policyholders.

    Sangramjit Sarangi - President & Chief Financial Officer

    Sangramjit Sarangi, the President & Chief Financial Officer at SBI Life, governs the financial health and fiscal planning of the organization. Overseeing capital management, investment strategies, and financial reporting, the President & Chief Financial Officer ensures the company maintains robust solvency ratios and long-term profitability. This leadership role involves analyzing market trends to optimize the investment portfolio while managing risk exposure across all insurance packages. By maintaining transparent financial practices, Sangramjit Sarangi builds trust with stakeholders and investors. The President & Chief Financial Officer collaborates with the executive team to allocate resources toward high-growth initiatives and technological advancements. Through meticulous financial oversight, the President & Chief Financial Officer secures the fiscal foundation necessary for the company to fulfill its long-term commitments to policyholders, ensuring that the organization remains a stable and reliable leader within the competitive insurance industry.
    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 operational infrastructure, the Chief Operating Officer drives efficiency across all service departments to ensure seamless policy administration and claims processing. This leadership role involves streamlining workflows to enhance customer experience while maintaining strict compliance with industry standards. By implementing advanced operational frameworks, Rajnish Madhukar supports the company's ability to scale services effectively across diverse regional markets. The Chief Operating Officer coordinates with various department heads to resolve bottlenecks and improve service turnaround times. Through the continuous refinement of operational protocols, the Chief Operating Officer strengthens the company's capacity to handle high-volume insurance demands, ultimately ensuring that the organization remains agile and responsive to the needs of policyholders throughout the entire lifecycle of insurance products.
    Rajnish Madhukar

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

    Rajanikanth Vurimi, the Deputy Chief Operating Officer, Renewal, Retention & Servicing at SBI Life, directs initiatives focused on policyholder loyalty and long-term engagement. Overseeing the renewal and retention departments, the Deputy Chief Operating Officer, Renewal, Retention & Servicing implements strategies to minimize churn and maximize the lifetime value of insurance policies. This leadership role involves analyzing customer behavior data to tailor servicing approaches that address specific policyholder needs. By optimizing the renewal process, Rajanikanth Vurimi ensures consistent revenue streams and strengthens the company's market position. The Deputy Chief Operating Officer, Renewal, Retention & Servicing coordinates with the broader operations team to enhance the quality of service interactions. Through the application of data-driven retention tactics, the Deputy Chief Operating Officer, Renewal, Retention & Servicing maintains high levels of customer satisfaction, which remains critical to the company's mission of providing enduring financial protection.

    Anand M - President & Chief Distribution Officer

    Anand M, the President & Chief Distribution Officer at SBI Life, architects the sales and distribution network that brings insurance products to a broad customer base. Overseeing the expansion of distribution channels, the President & Chief Distribution Officer drives market penetration across diverse geographic regions. This leadership role involves managing relationships with intermediaries and partners to ensure the effective delivery of insurance packages. By optimizing the sales force and digital distribution platforms, Anand M increases the reach and accessibility of the company's offerings. The President & Chief Distribution Officer collaborates with marketing and product teams to align distribution strategies with consumer demand. Through the strategic development of sales networks, the President & Chief Distribution Officer ensures that the company maintains a strong presence in the competitive insurance landscape, consistently growing the policyholder base while upholding the organization's commitment to financial security.
    Anand M

    Prithesh Chaubey - President, Appointed Actuary

    Prithesh Chaubey, the President, Appointed Actuary at SBI Life, manages the mathematical modeling and risk assessment functions essential to the insurance business. Overseeing the actuarial department, the President, Appointed Actuary ensures the accuracy of premium pricing and the adequacy of reserves for future claims. This leadership role involves analyzing mortality data and financial risks to maintain the company's solvency and regulatory compliance. By providing critical insights into product profitability and risk management, Prithesh Chaubey supports the development of sustainable insurance packages. The President, Appointed Actuary collaborates with the finance and strategy teams to ensure that all product offerings align with the company's risk appetite. Through rigorous statistical analysis and technical oversight, the President, Appointed Actuary secures the long-term viability of the organization, ensuring that the company remains capable of meeting all financial obligations to policyholders.

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

    Abhijit Gulanikar, the Chief Strategy Officer & President, Operations & Information Technology at SBI Life, directs the digital transformation and strategic planning efforts of the organization. Overseeing the integration of advanced information technology with core operational processes, the Chief Strategy Officer & President, Operations & Information Technology drives innovation to improve service delivery and internal efficiency. This leadership role involves identifying emerging market opportunities and aligning technological investments with the company's long-term growth objectives. By modernizing the IT infrastructure, Abhijit Gulanikar enhances the company's ability to process data and serve policyholders effectively. The Chief Strategy Officer & President, Operations & Information Technology collaborates with other C-suite leaders to ensure that strategic initiatives are supported by robust operational and digital capabilities. Through the implementation of cutting-edge technology, the Chief Strategy Officer & President, Operations & Information Technology maintains the company's competitive advantage in the digital age.

    Santosh Chacko - President, Business Strategy

    Santosh Chacko, the President, Business Strategy at SBI Life, formulates the tactical plans that guide the company's market positioning and product development. Overseeing the strategic planning unit, the President, Business Strategy identifies growth vectors and competitive threats within the insurance industry. This leadership role involves conducting deep market research to inform the creation of new insurance packages that meet evolving consumer needs. By aligning business objectives with market trends, Santosh Chacko ensures that the company remains at the forefront of the insurance sector. The President, Business Strategy works closely with the executive team to translate high-level goals into actionable business plans. Through the continuous evaluation of market dynamics, the President, Business Strategy drives the development of initiatives that enhance the company's market share and reinforce its reputation as a provider of reliable and innovative financial protection solutions.
    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.