
Balasubramanyam Sriram To Continue As Independent Director Of Nippon Life India Asset Management
Balasubramanyam Sriram has been reappointed as an Independent Director of Nippon Life India Asset Management Limited, with effect from March 15, 2026.
Sriram spent about 37 years with the State Bank of India (SBI) Group, where he held senior roles across banking functions. His key positions include Chief Executive Officer and Managing Director (CEO & MD) of IDBI Bank, MD of SBI, and MD of State Bank of Bikaner & Jaipur. He also served as a part-time member of the Insolvency and Bankruptcy Board of India from 2019 to 2023. He is an Independent Director on several Boards and serves on investment and advisory committees. Sriram is an honours graduate and a master’s degree holder in physics from St. Stephen’s College, Delhi University. He is a certified associate of the Indian Institute of Banking & Finance and holds diplomas in international law & diplomacy and Management.




