Board Resolution Details

The Board of Directors of Canara HSBC Life Insurance Company Limited, on the recommendation of the Nomination and Remuneration Committee, approved the reappointment of two Independent Directors by way of a resolution passed by circulation on Wednesday, 9th September 2026 at 4.58 p.m. (IST). The reappointments are subject to approval by the Members of the Company.

Director Reappointment Details

Dr Kishore Kumar Sansi (DIN: 07183950)

  • Reappointed as Non-Executive Independent Director for a second term
  • Term: 3 consecutive years from 27th October 2026 to 26th October 2029
  • Not liable to retire by rotation
  • Profile: Over 38 years of experience in banking industry, former Managing Director and Chief Executive Officer at erstwhile Vijaya Bank (now amalgamated with Bank of Baroda), former Executive Director with Punjab and Sind Bank, member of Board of Governors of Management Development Institute Society, Gurugram
  • Previous Independent Director roles: IKIO Technologies Limited, Reserve Bank Information Technology Private Limited, National Financials Holdings Company Limited, UV Asset Reconstruction Company Limited
  • Expertise: Strategy & risk management, information technology, governance & compliance, corporate credit, non-performing asset management, human resources management

Mr Supratim Bandyopadhyay (DIN: 03558215)

  • Reappointed as Non-Executive Independent Director for a second term
  • Term: 3 consecutive years from 28th November 2026 to 27th November 2029
  • Not liable to retire by rotation
  • Profile: Over 36 years of experience in insurance, finance, investments and debt operations, 32 years with Life Insurance Corporation of India in various roles
  • Former Whole Time Member (Finance) of Pension Fund Regulatory and Development Authority for two years, subsequently appointed as Chairperson for three years
  • Former Managing Director and Chief Executive Officer at LIC Pension Fund Limited
  • Previous Independent Director roles: Aditya Birla Sun Life AMC Limited, Insecticides (India) Limited, India Mortgage Guarantee Corporation Private Limited, Axis Pension Fund Management Limited, LIC (International) BSC (C), Bahrain
  • Expertise: Insurance, accounting & finance, governance & compliance, corporate strategy, marketing, sustainability, risk management, general management

Compliance Confirmations

The company confirms that both directors satisfy the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations. Both directors are not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority.

Additional Information

  • No relationships disclosed between directors
  • Detailed information as required under SEBI Listing Regulations provided in Annexure-A
  • The information will be hosted on the company website: www.canarahsbclife.com/