The appointments committee (ACC) of the Cabinet has accepted the appointment of Swaminathan Janakiraman and Ashwini Kumar Tewari as new Managing Directors (MDs) of State Bank of India (SBI) for a interval of three years. Prior to this, Swaminathan Janakiraman was the deputy managing director (Finance) at SBI and Ashwini Kumar Tewari was serving as MD & CEO of SBI Card, a subsidiary of SBI.
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SBI is headed by a Chairman and 4 managing administrators. Dinesh Kumar Khara is the present Chairman of the financial institution. The different two MDs of the financial institution are C.S. Setty and Ashwani Bhatia. The two posts have been vacant since October 2020.
Important takeaways for all aggressive exams:
- State Bank of India Headquarters: Mumbai; Founded: 1 July 1955.
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