Thursday, August 2, 2012

Bhaskar Sarma takes over as MD, CEO of SBI General

Mumbai, August 1: SBI General Insurance has appointed Bhaskar Jyoti Sarma as its managing director and chief executive officer. Sarma, a banking professional, took charge on Wednesday and will serve a term of three years, SBI General Insurance said in a release.

He succeeded RR Belle, who retired on July 31. “Sarma is taking over at a time when SBI General is taking a big leap and ready to unleash its full potential,” Belle said. Prior to this appointment Sarma was general manager at SBI Bank’s North-Eastern Circle at Guwahati. He has spent 32 years at SBI in various capacities.

He joined SBI in 1979 as a probationary officer and has held several assignments in India and abroad. “I am sure that with the standards already set, SBI General will move forward to realise its true potential,” Sarma said. The private insurer is a joint venture between State Bank of India and Insurance Australia Group (IAG).


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