SBI Life Insurance, a joint venture life insurance company between State Bank of India and BNP Paribas Cardiff, has named Sanjeev Nautiyal as its new managing director and CEO.
In a statement, the Indian insurer said Nautiyal will take over from Arijit Basu, who is taking a key role in the State Bank of India Group.
Nautiyal headed a full commercial branch of the State Bank of India in Bahrain and is a certified associate of the Indian Institute of Bankers.
Commenting on the appointment, Nautiyal said SBI Life will reach out to millions of Indian families to provide them with insurance that fulfils their needs for risk cover.
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