SBI General Insurance Company Limited has announced the appointment of Shri 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 4th October 2022.
Shri Kishore Kumar Poludasu has been associated with 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.
He is a seasoned BFSI professional with over 3 decades of experience in commercial banking including large Corporate/Infrastructure Credit, International Banking operations, Enterprise Management, Mergers & Consolidation, etc. A conscientious and determined leader, Shri Poludasu has a strong track record of delivering long-term results, emphasising the organisation’s customer-centric culture, and providing value to customers at every touch point. The Company today, is 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. Shri 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 the responsibilities which comprised of planning and strategic execution for expansion, driving sales and growth for the bank. Shri 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. He has been associated with the setting up of National Bank for Financing Infrastructure and Development (NaBFID), an All India Financial Institution (AIFI) promoted by the Government of India for enhanced focus on financing & development of the infrastructure sector in India as an Officer on Special Duty (OSD) from State Bank of India till September 2022.