SBI Life Insurance President Durgadas G superannuates on May 31

1 min read Updated on 31 May 2026, 02:25 AM

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Jubin VScanX News Team

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SBI Life Insurance disclosed that Mr. Durgadas G, President – Operations & IT, will superannuate on May 31, 2026. The intimation was made to the NSE and BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, signed by Company Secretary Girish Manik, provided the required details per the SEBI Master Circular dated January 30, 2026.

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SBI Life Insurance has announced the superannuation of Mr. Durgadas G, President – Operations & IT, effective May 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Durgadas G was part of the Senior Management of the company. The reason for the change is cited as superannuation from his position. The company confirmed that the event details were provided in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The filing was signed by Girish Manik, Company Secretary, on May 30, 2026. The information was provided to the exchanges for necessary record-keeping and dissemination.

Details of Senior Management Change

Sr. No.	Details of events	Information
1	Name of the Senior Management	Mr. Durgadas G
2	Reason for change	Superannuating from position as President – Operations & IT
3	Date of cessation	May 31, 2026
4	Brief profile	Not Applicable
5	Disclosure of relationships	Not Applicable

Historical Stock Returns for SBI Life Insurance

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.29%	-2.72%	-6.72%	-13.85%	-5.32%	+74.12%

Who will be appointed as the successor to oversee Operations & IT, and what is the timeline for the announcement?

How will this leadership transition impact SBI Life's ongoing digital transformation initiatives?

What is the company's strategy to ensure operational continuity during the handover period?

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SBI Life Insurance appoints Ramesh Venkateshamurthy as Deputy CEO

1 min read Updated on 30 May 2026, 05:17 AM

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Jubin VScanX News Team

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SBI Life Insurance Company Limited appointed Mr. Ramesh Venkateshamurthy as Deputy Chief Executive Officer effective May 29, 2026. The Board approved the appointment based on the Nomination and Remuneration Committee's recommendation. Mr. Venkateshamurthy previously served as General Manager (Yono Retail) & UPI at State Bank of India.

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SBI Life Insurance has appointed Mr. Ramesh Venkateshamurthy as Deputy Chief Executive Officer with effect from May 29, 2026. The Board of Directors approved the appointment based on the recommendation of the Board Nomination and Remuneration Committee.

Mr. Ramesh Venkateshamurthy is a commerce graduate from Bangalore University and a Certified Associate of Indian Institute of Bankers. He brings extensive experience from his tenure at State Bank of India (SBI), where he served in various capacities including Deputy General Manager - Customer Experience in Corporate Centre and Deputy General Manager - Business & Operations in Administrative Office, Thrissur, Kerala.

Prior to this appointment, he served as General Manager (Yono Retail) & UPI in the Digital Banking Department at SBI's Corporate Centre since June 2023. In this role, he was responsible for propagating digital banking products through digital and non-digital channels, managing digital marketing initiatives, and overseeing the end-to-end maintenance of the Bank's UPI portfolio.

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Appointment Details

Sr. No.	Details	Information
1.	Reason for change	Appointment as Deputy Chief Executive Officer
2.	Date of appointment	May 29, 2026
3.	Brief profile	Commerce graduate, Certified Associate of Indian Institute of Bankers; former General Manager (Yono Retail) & UPI at SBI
4.	Disclosure of relationships	Not Applicable