SBI Life Insurance Company Limited (SBILIFE.NS)

1,391.50 +5.10 (+0.37%) At close: 03:30PM IST

SBI Life Insurance Company Limited

NATRAJ, M. V. Road
5th Floor Western Express Highway Junction Andheri (East)
Mumbai 400069
India
91 22 6191 0000
https://www.sbilife.co.in

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sangramjit Sarangi	Chief Financial Officer	31.89M	N/A	1974
Mr. Amit Jhingran	MD, CEO & Director	N/A	N/A	N/A
Mr. M. Anand	President & Chief Distribution Officer	N/A	N/A	1967
Mr. G. Durgadas	President of Operations & IT	N/A	N/A	N/A
Mr. Gopikrishna Shenoy	Chief Investment Officer	N/A	N/A	1967
Mr. Girish Mahesh Manik	Company Secretary & Compliance Officer	N/A	N/A	N/A
Mr. Ravindra Sharma	SVP and Chief of Brand, Corporate Communications & CSR	N/A	N/A	1974
Mr. Subodh Kumar Jha	EVP and Chief of Human Resources & Management Services	N/A	N/A	N/A
Mr. Abhijit Gulanikar	President of Business Strategy	N/A	N/A	1971
Smita Verma	Senior Vice President	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

SBI Life Insurance Company Limited operates as a private life insurance company in India. The company's life insurance business comprises of individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked and variable insurance products, health, and micro insurance. It provides accident and disability benefit, level term, and critical illness insurance products. The company offers its products through a multi-channel distribution network comprising individual agents, brokers, corporate agents, banca partners, as well as certified insurance facilitators. It operates various partner branches. The company was incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited operates as a subsidiary of State Bank of India.

Corporate governance

SBI Life Insurance Company Limited’s ISS governance QualityScore as of 1 June 2024 is 7. The pillar scores are Audit: 7; Board: 7; Shareholder rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.