Mumbai, October 2022: SBI General Insurance Company Limited has announced the
appointment of Shri Kishore Kumar Poludasu as its new Managing Director & Chief
Executive Officer. He was nominated by the parent company, State Bank of India, for the
position and has been appointed w.e.f 4 th October 2022.
Shri Kishore Kumar Poludasu has been associated with State Bank of India since 1991 and
held several positions with the bank during his tenure. Prior to his current role at SBI
General under State Bank Group, he was the Deputy Managing Director, as the Country
Head of State Bank of India, Singapore Operations.
He is a seasoned BFSI professional with over 3 decades of experience in commercial banking
including large Corporate/Infrastructure Credit, International Banking operations, Enterprise
Management, Mergers & Consolidation, etc. A conscientious and determined leader, Shri
Poludasu has a strong track record of delivering long-term results, emphasizing the
organization's customer-centric culture, and providing value to customers at every
touchpoint. The Company today, is poised for greater growth and at this juncture SBI
General is vehemently driving focus on assertive strategies, agile processes, strategic
partnerships, and right talent management. Shri Poludasu’s experience will be of immense
value to this roadmap towards the top.
Prior to joining SBI General, at State Bank of India, he had been involved in key projects and
responsibilities which comprised of planning and strategic execution for expansion, driving
sales and growth for the bank. Shri Poludasu has also been instrumental in supervising the
integration of systems & processes and human resources during the merger between State
Bank of Mysore and SBI. He has been associated with setting up of National Bank for
Financing Infrastructure and Development (NaBFID), an All India Financial Institution (AIFI)
promoted by Government of India for enhanced focus on financing & development of
infrastructure sector in India as an Officer on Special Duty (OSD) from State Bank of India till
September 2022.
