SBI General Insurance, one of India’s top general insurers appoints Rakesh Kaul as Chief Business Officer, This appointment is consistent with the company’s mission of being a leader in the General Insurance business and delivering affordable insurance solutions to the general public. He will be responsible for designing and executing business strategies, directing sales and distribution activities, and driving overall company growth in his new position.
Kaul is a seasoned BFSI expert with over two decades of insurance sector experience. He has previously worked for and held positions of leadership with companies such as ICICI Lombard General Insurance, Liberty General Insurance, and Zuno General Insurance. He graduated from Symbiosis Institute of Management Studies with an MBA in Marketing and Finance, a Postgraduate Degree in Digital Business, and a Master’s Degree in Economics.
Speaking on the appointment Kishore Kumar Poludasu, MD & CEO of SBI General Insurance, said, “We are delighted to welcome Mr. Kaul to the SBI General Insurance family as our Chief Business Officer. His extensive experience and proven track record in the insurance industry makes him a valuable addition to our leadership team. We are confident that with his vast knowledge and experience in the field of business development, he will further grow the Company’s sales and business functions. We look forward to his strategic insights and contributions as we continue to grow in the insurance sector.”
On his appointment Rakesh Kaul said, “I am excited to be a part of SBI General’s management team. The general insurance industry in India presents immense opportunities for growth. I am excited about the prospect of accelerating the Company’s growth journey. I am confident that I will be able to help the company scale its business to even greater heights across all the business verticals.”
Kaul’s appointment underscores SBI General Insurance’s commitment to provide its valued customers with superior insurance products and services. He will play a critical role in maintaining SBI General Insurance‘s position as a leader in the highly competitive Indian insurance industry, with a keen eye on market dynamics and a commitment to financial excellence.