
SBI Life Insurance reappoints three Independent Directors
Narayan K. Seshadri, Shobinder Duggal and Tejendra M. Bhasin have been reappointed as the Independent Directors of SBI Life Insurance Company Limited on 28 July 2023.
Narayan K. Seshadri has more than 41 years of experience in the field of accounting, auditing, litigation support etc. He has worked in several industries including manufacturing, process, health care, financial services, utilities, infrastructure and technology. Seshadri worked with some large Fortune 500/FTSE 100 companies as well as with small start-ups in various international jurisdictions. He has been serving as an Independent Director since August 2020.
Shobinder Duggal has 36 years of work experience with Nestle and Voltas India Limited. He was the CFO of South Asia Region for Nestle from May
2004 to February 2020. He handled procurement and IT/IS responsibilities. He was deputed as a Board member and the CFO of Nestle India Limited and a Board member in Nestle Lanka PLC. Duggal joined SBI Life Board as an Independent Director for three years in December 2020.
Tejendra M. Bhasin is presently the Chairman, Advisory Board for Banking and Financial Frauds. He was the Vigilance Commissioner in Central Vigilance Commission of India. He has over 44 years of experience in administration, banking and finance industry. He has been an Independent Director on SBI Life board since April 2021.