Prashant Shetty
1 Regional Manager (Sbi & Rrb), Telangana May 24 Nov 24 Strengthened Strategic Partnerships with Sbi (Hyderabad Circle), Apgvb & Tgb, Driving Business Growth and Collaboration Led and Inspired a High-performing Team of 428 Employees Analysed Regional @SBI Life Insurance Co. Ltd.
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WORK HISTORY
1 Regional Manager (Sbi & Rrb), Telangana May 24 Nov 24 Strengthened Strategic Partnerships with Sbi (Hyderabad Circle), Apgvb & Tgb, Driving Business Growth and Collaboration Led and Inspired a High-performing Team of 428 Employees Analysed Regional Market Trends and Customer Insights to Refine Sales Strategies, Optimize Performance, and Maintain a Competitive Edge Delivered Rs 381 Cr Nb Irp with 18 Yoy Growth (while Sbi Channel Grew at 5) Ranked no 1 in Rrb Business Volume and no 2 in Credit Life Business Volume 2 Vice President & Head Rrb, Yono & Defence Dec 2021 May 2024 Orchestrated Strategic Business Expansion in Rrbs and Sbi s Digital Channel to Enhance Premium Income and Market Penetration Spearheaded Insurance Integration with Yono, Optimizing Digital Customer Journeys for Seamless Onboarding and Engagement with Launch of E-shield Insta, Credit Life Journey and 11 Insurance Products on Yono Branch Portal Leveraged Sbi s Data Analytics Framework for Customer Segmentation, Lead Management, and Sales Conversion Optimization Rrb Business Grew by 47 Cagr and Yono Business Grew by 174 Cagr in 2 Years 13m Persistency Improved by 3 in Rrb Channel 3 Vice President Md Office & Digital Initiatives Jun 2018 Dec 2021 Provided Strategic Advisory to Md & CEO, Leveraging Analytics and Business Intelligence Reports for Data-driven Decision-making Collaborated with Cross-functional Teams to Drive Digital Transformation Projects, Enhancing Operational Efficiency and Customer Engagement Designed Competitive Intelligence Reports to Support High-impact Corporate Strategy Decisions @SBI Life Insurance Co. Ltd.
EDUCATION
Welingkar Institute of Management
PGDBM, Finance
Indian School of Business
Emerging Leaders Programme , Business Administration and Management, General
SKILLS
ABOUT PRASHANT SHETTY
A Bancassurance Leader with 16+ years of experience in driving strategic partnerships, optimizing sales performance, and leading digital innovations in the Life Insurance sector. Proven expertise in managing high-value relationships with SBI, YONO, 13 RRBs, and Defence channels, accelerating business growth through a mix of traditional and digital distribution models.
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