Management Change31 Jul 2026, 06:20 pm
State Bank of India Sees Senior Management Changes
AI Summary
State Bank of India has announced changes in its senior management due to superannuation. Shri Ashok Kumar Sharma, Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer, and Shri Kameshwar Rao Kodavanti, Chief Financial Officer, are superannuating effective July 31, 2026. Shri Satyendra Kumar Singh will take over as Deputy Managing Director & Chief Credit Officer and Chief Sustainability Officer. Shri Varinder Khanna is appointed as Deputy Managing Director (CCG-II) Commercial Client Group. Additionally, Shri Sunil Ramgopal Agrawal will assume the role of Chief Financial Officer and Key Managerial Personnel (KMP) from August 1, 2026, as previously intimated.
Key Highlights
- Two senior executives superannuating on July 31, 2026.
- New appointments for Chief Credit Officer and CFO roles.
- Changes effective end of July and beginning of August 2026.
- Internal restructuring of key leadership positions.
Price Impact
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