Mumbai, Maharashtra, India, December 2025 – KRC Murty has taken on a new role as Executive Vice President – Head IT (BS) at SBI Life Insurance Co. Ltd., one of India’s most trusted life insurance companies. In this role, he will be responsible for leading the Business Systems (BS) technology function, strengthening IT strategy, and supporting the company’s digital transformation initiatives aligned with its customer-first philosophy.
In his new role at SBI Life Insurance Co. Ltd., KRC Murty brings extensive leadership experience in enterprise technology, financial services IT, and large-scale digital operations. Based in Mumbai, he will oversee critical IT functions supporting business scalability, operational efficiency, and digital innovation within the organization.
Prior to joining SBI Life, KRC Murty served as Senior President – Head of AMG & IMG – Business & Digital Technology Solutions at YES BANK, where he led technology strategy and delivery for key business and investment banking platforms. His tenure was marked by deep involvement in IT strategy, service management, vendor governance, and large-scale transformation programs within the banking ecosystem.
Before YES BANK, he spent nearly five years at Kotak Mahindra Bank as Head of RTB (Information Technology), where he was responsible for run-the-bank operations, IT service continuity, and technology stability across core banking and enterprise platforms.
Earlier in his career, KRC Murty spent over thirteen years at Deutsche Bank, holding multiple senior leadership roles including Head of Technology Support – Treasury & Market Data Services, Head of End User Services (South Asia), and Vice President – Safety & Soundness (Group CIO Function). During this period, he led technology services for global markets, asset management, private wealth management, and large offshore delivery centers. His earlier experience also includes technology leadership roles at Merrill Lynch, HDFC Bank, and Times Bank, building a strong foundation in banking systems, infrastructure, and enterprise IT operations.
About SBI Life Insurance Co. Ltd.
SBI Life Insurance Co. Ltd. is one of India’s leading life insurance companies, incorporated in 2000 and regulated by the Insurance Regulatory & Development Authority of India (IRDAI). Serving millions of families across the country, SBI Life offers a comprehensive range of protection, pension, savings, and health solutions. With a strong focus on digital enablement, ethical practices, and customer-centricity, the company continues to strengthen its presence through innovation, operational excellence, and a nationwide distribution network.
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