SBI Life Insurance, the country's largest private life insurer, has appointed Arijit Basu as managing director (MD) and chief executive officer (CEO) of the company, as per a release.
Basu, who started his career with State Bank of India (SBI) in 1983, takes over the role of Atanu Sen who retired on July 31, 2014.
He has over three decades of experience in the banking sector and has held several key positions in various circles of SBI including the bank’s office at Tokyo.
He has also served as general manager at the bank’s Mumbai circle and the mid corporate group at Ahmedabad among others. Before joining SBI Life Insurance, he was SBI’s chief general manager of the Delhi Circle.