SBI General Insurance today announced the appointment of Mr. Jitendra Attra as its new Chief Financial Officer (CFO). In this new role, Mr. Attra will be responsible for leading the Company's finances, formulating and monitoring policies, setting up internal controls, accounting, taxation, budgeting & financial planning, MIS, and capital planning for the Company.
He is a seasoned BFSI professional with over two decades of rich experience and expertise to drive financial excellence within the organization. His career spans a remarkable journey across the insurance industry, marked by significant contributions to renowned companies. His extensive professional background includes key roles at Zuno General Insurance, Munich Re, SBI Life Insurance, ICICI Prudential Life Insurance, and Deloitte Haskins & Sells. As a chartered accountant and a graduate from Mumbai University, he brings a blend of academic excellence and practical industry insights to his new position.
His tenure at SBI General Insurance is set to usher in a new era of financial stewardship and strategic financial planning. Mr. Attra's track record in the insurance sector makes him an invaluable addition to the SBI General Insurance leadership team.
Speaking on the appointment Mr. Kishore Kumar Poludasu, MD & CEO of SBI General Insurance, said, "We are delighted to have Mr. Attra join our leadership team as the Chief Financial Officer. His profound knowledge and extensive experience within the insurance industry are a tremendous asset. We are confident that his expertise will play a pivotal role in steering our financial strategies, ensuring our continued growth and driving our path to success."
On his appointment Mr. Jitendra Attra said, "I am honored to join the esteemed team at SBI General Insurance as Chief Financial Officer. The general insurance business is one of the fastest growing sectors in India. I look forward to building on the Company's financial growth momentum and ensuring that we maintain our reputation for financial excellence."
This appointment comes at a significant juncture for SBI General Insurance, as the Company continues to expand its offerings and strengthen its market presence. His financial acumen and strategic insights are poised to contribute significantly to the Company's ambitious goals.
Shares of State Bank of India was last trading in BSE at Rs. 597.20 as compared to the previous close of Rs. 596.45. The total number of shares traded during the day was 883061 in over 16016 trades.
The stock hit an intraday high of Rs. 603.50 and intraday low of 595.30. The net turnover during the day was Rs. 529167163.00. |
