Management Change22 Sept 2026, 08:40 pm
SBI Life Appoints Nihar Jambusaria as Additional Independent Director
AI Summary
SBI Life Insurance Company Ltd announced the appointment of Mr. Nihar Niranjan Jambusaria as an Additional Independent Director for a term of three years, effective September 22, 2026. The decision was approved by the Board of Directors based on the recommendation of the Board Nomination and Remuneration Committee. Mr. Jambusaria is a seasoned finance and taxation professional with over four decades of experience and currently serves on the boards of several other companies. The company confirmed he is not debarred from holding such an office.
Key Highlights
- Nihar Niranjan Jambusaria appointed Additional Independent Director.
- Appointment is for a term of three consecutive years.
- Effective date of appointment is September 22, 2026.
- Mr. Jambusaria is a senior finance and taxation professional.
- Director is not debarred from holding office by any authority.
Price Impact
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