SBI Life Insurance Appoints Ashswini Tewari as Non-Executive Nominee Director

The Board of Directors of SBI Life Insurance Company Limited has approved the appointment of Ashwini Kumar Tewari as a Non-Executive, Nominee Director with immediate effect from January 6, 2024.

Tewari is an MD (Corporate Banking and Subsidiaries) of the State Bank of India. He started his career at SBI in 1991 as a probationary officer and has spent more than three decades at SBI in India and abroad. Presently, as the MD of SBI and a Whole Time Director he is handling the portfolio of Large Corporate and Commercial Credit businesses along with associates and subsidiaries. Prior to this, he was MD (Risk, Compliance, and Stressed Assets). Earlier, he handled International Banking, Information Technology and Non-Bank Subsidiaries. He was also involved in a big refresh in the technology space at SBI. Prior to becoming MD at SBI, he served as MD and CEO of SBI Cards and Payment Services, where he oversaw key partnerships inked with GPay, PayTM, BPCL, etc. He was the Country Head of US Operations at SBI from April 2017 to July 2020. Prior to that, he was the Regional Head and General Manager, East Asia, for SBI, based in Hong Kong. He is an electrical engineer, a Certified Associate of the Indian Institute of Bankers, a Certified Financial Planner, and has taken a Certificate Course in Management from XLRI.