SBI General Insurance Company Limited has announced the appointment of Prakash Chandra Kandpal as its new Managing Director and Chief Executive Officer.
He was nominated by parent State Bank of India for the position. Kandpal has been with SBI General Insurance as the Deputy CEO since June 2019.
PC Kandpal, DMD SBI, is a seasoned banker and has more than 33 years of experience with SBI. His stint at SBI involves experience in both retail and international banking, human resource, technology and learning and development. He also had a stint in SBI Mutual Fund as the Chief Operating Officer.
Pushan Mahapatra, the former MD and CEO, has been appointed as Director, Strategic Investments and Digital Initiatives and continues to be Whole Time Director, SBI General Insurance.