Rushabh was previously the Deputy CEO of IndiaFirst Life
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Prior to his current role at SBI General Insurance, Shri Naveen Chandra Jha, Deputy Managing Director, State Bank of India, served as the Chief General Manager of Amaravati Circle, Andhra Pradesh
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The elevation will be active from July 1, 2024 and Tyagi will be responsible for new roles and responsibilities
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In his new role, Prabhakar will be responsible for overseeing the strategic direction and operational efficiency
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Sameer Bansal has been appointed as MD & CEO, effective July 1, 2024, subject to the necessary regulatory approvals.
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He brings over 29 years of experience in the financial services industry across national and international markets
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The organisation has initiated a structured succession planning process to identify his successor
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He joins Avendus with over 25 years of rich experience in private banking and wealth management
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This extension, effective from 1 January 2025, is contingent upon regulatory approval from RBI and the bank's shareholders
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