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SBI General Insurance names Naveen Chandra Jha as new MD & CEO

Naveen-Chandra-Jha

SBI General Insurance Company Ltd. has named Shri Naveen Chandra Jha as its new Managing Director and Chief Executive Officer. His parent business, State Bank of India, nominated him for the role. He succeeds Shri Kishore Kumar Poludasu. 

Shri Naveen Chandra Jha has been with the State Bank of India since 1994, holding numerous critical roles during his tenure. Shri Naveen Chandra Jha, Deputy Managing Director, State Bank of India, previously served as Chief General Manager of Amaravati Circle, Andhra Pradesh, before joining SBI General Insurance. 

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Shri Naveen Chandra Jha has almost three decades of expertise in the financial industry. Throughout his career, he has held a variety of key functional and operational positions, including Branch Management, Credit and Risk Management with a focus on SME Credit, HR & Administration, and Retail Banking. He has excelled in a variety of critical responsibilities, including Regional Manager, Deputy General Manager (CDS), Deputy General Manager (Cadre Management), General Manager of Network, and Chief General Manager of Circle. 

Also read: SBI General Insurance signs bancassurance partnership with Jana Small Finance Bank to increase insurance penetration

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Throughout his reign, the Amaravati Circle was generally regarded as the best-performing circle. He has made substantial contributions to business development. He has been recognised for his exemplary service by being chosen for the Chairman’s Club in the Branch Manager category in 2005 and as Regional Manager in 2015.

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Shri Naveen Chandra Jha plans to use his extensive knowledge and commercial acumen to propel SBI General Insurance to higher success. His concentration on entire business strategy, operations, budgeting, and strategic growth is ideally aligned with the company’s aim to be the market leader.

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Shri Jha is a staunch believer that human resource engagement and customer focus are critical to any organization’s success. He has continually fought to ensure that staff satisfaction and the customer experience are prioritised. His motto, “Great Numbers with Excellent Quality,” demonstrates his dedication to producing excellent outcomes while maintaining high levels of service and operational excellence. Shri Jha’s broad experience will be important as SBI General Insurance continues on its path to success, striving to give “Suraksha aur Bharosa Dono” to all of its clients.

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