Dinesh Kumar Khara becomes the new SBI Chairman
The largest bank of the country, State Bank of India (SBI) has positioned Dinesh Kumar Khara as its Chairman after the incumbent Rajneesh Kumar’s retirement. His appointment will be effective from October 7 for a period of three years.
The Banks Board Bureau (BBB) has recommended the appointment of Swaminthan Janakiraman and Ashwini Kumar Tewari as Managing Directors of SBI.
Janakiraman, Deputy MD and Tiwari, CEO of SBI Cards will replace Khara and Arijit Basu, who is due to retire at the end of the month.
The recommendation made by BBB is followed by an interview of 16 candidates with SBI General Insurance MD Prakash Chandra Kandpal and SBI deputy MD Alok Kumar Choudhary on the reserve list.
The first choice for the position of Chairman was Khara, the senior-most MD.
In 1984, Khara had started out as a probationary officer after graduating in commerce. He also holds an MBA degree from Delhi University’s Faculty of Management Studies. An officer of the Delhi circle, he has held various posts and also headed the Bhopal circle.
He also spearheaded the merger of five associates and Bhartiya Mahila Bank with SBI in Chicago. He also headed SBI Mutual Fund and SBI General. During his stint with SBI Mutual Fund, Khara is credited with ramping up the business and helping scale up the asset management business, which had been stagnating for close to a decade.
The 59-year-old took over as an MD of SBI in August 2016 and was given a two year extended term.
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
AuthBridge launches iBRIDGE 2.0 AI-powered verification solution
Authentication technology company, AuthBridge has announced a new and improved version of...
Conga launches Innovation and R&D Lab in India
Revenue Lifecycle Management solutions company, Conga has announced the opening of the new...
TeamViewer announces new integration for Slack
TeamViewer has announced a new integration for Slack, the leading collaboration platform f...
START - UP
PERIPHERALS
INDUSTRY EVENTS
SCADA/OT Security Acceleration Program launched by National Cyber CoE, C-DAC and Infopercept
Data Security Council of India’s National CoE program in collaboration with C-DAC (C...
Fortinet addresses top cybersecurity challenges at its LEAP 2022 Security Summit
Fortinet has recently hosted top customers from India & SAARC at Fortinet LEAP 2022 Se...
Crayon Software Experts concludes its 3-city Connect Partner summit
Crayon Software Experts India has recently concluded the 3-city Crayon Connect partner sum...
PM Narendra Modi to address the 25th edition of Bengaluru Tech Summit 2022
The Department of Electronics, IT, Bt, S&T, Government of Karnataka along with Softwar...
E- COMMERCE
