SBI General Insurance appoints Kishore Kumar Poludasu as managing director & chief executive officer

Mumbai: SBI General Insurance has announced the appointment of Kishore Kumar Poludasu as its new managing director & chief executive officer. He was nominated by the parent company, State Bank of India, for the position and has been appointed w.e.f 4 October 2022.

Kishore Kumar Poludasu has been associated with the State Bank of India since 1991 and held several positions with the bank during his tenure. Prior to his current role at SBI General under State Bank Group, he was the deputy managing director, as the country head of State Bank of India, Singapore Operations.

Poludasu is a seasoned BFSI professional with over three decades of experience in commercial banking, including large corporate/infrastructure credit, international banking operations, enterprise management, mergers & consolidation, etc. He has a strong track record of delivering long-term results, emphasising the organisation's customer-centric culture, and providing value to customers at every touchpoint. The company is today poised for greater growth, and at this juncture, SBI General is vehemently driving focus on assertive strategies, agile processes, strategic partnerships, and right talent management. Poludasu’s experience will be of immense value to this roadmap towards the top.

Prior to joining SBI General, at State Bank of India, he had been involved in key projects and responsibilities which consisted of planning and strategic execution for expansion, driving sales and growth for the bank. Poludasu has also been instrumental in supervising the integration of systems, processes, and human resources during the merger between State Bank of Mysore and SBI. As an officer on special duty (OSD) from the State Bank of India, he was involved in the establishment of the National Bank for Financing Infrastructure and Development (NaBFID), an All India Financial Institution (AIFI), for increased focus on financing and development of India's infrastructure industry.

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