SBI Life Insurance Reappoints Usha Sangwan as Independent Director

The Board of Directors of SBI Life Insurance Company Limited, on July 23, 2024, has approved the reappointment of Usha Sangwan as an Independent Director for three years, commencing on August 24, 2024. Subject to the approval of the members.

Usha Sangwan has 38 years of experience with the Life Insurance Corporation of India (LIC) and Board-level experience in companies like Axis Bank, BSE, Ambuja Cement, LIC Housing Finance, Grasim Industries, etc. She has been recognised as the “Women Leader Award” in the BFSI Sector by the Institute of Public Enterprise and the “Brand Slam Leadership Award” by CMO Asia for her excellent contribution to LIC. She has been featured in Forbes among the 50 top business women in Southeast Asia and has been awarded the most powerful businesswoman award by Business Today and Business World for three years. She is a member of the Women Empowerment Programme of Niti Aayog, a member of the BCCI Fempower programme, and a chartered member of the Association of International Wealth Managers of India. She was also a jury member to select Women Transforming India by Niti Ayog and a jury member to select the top 100 women in finance by AIWMI. She has been an Independent Director of the company since August 24, 2021.