New Chairman of State Bank of India – Rajnish Kumar –  SBI New Chairman From 7 October 2017

Rajnish Kumar – SBI New Chairman From

7 October 2017

 New Chairman of State Bank of India - Rajnish Kumar - SBI Chairman 2017

Hi Guys, Its very Important update for Everyone that Rajnish Kumar Appointed as New Chairman of State Bank of India (SBI). Rajnish Kumar currently holds the position of managing director for national banking group at SBI. Now he has been appointed chairman for a tenure of three years. From 7 October 2017.

Current Chairman Arundhati Bhattacharya‘s term is going to ends on Friday (6 October 2017). Last year, the government had extended Ms Bhattacharya’s tenure for a year. Now The government has named Rajnish Kumar as the new chairman of the State Bank of India (SBI), for 3 years.

Rajnish Kumar has been with the bank for the last 37 years and was previously the managing director and CEO of SBI Capital Markets, the merchant banking arm of the bank.  Mr Rajnish Kumar has been with the SBI for over three decades, having joined the bank as a Probationary Officer (PO) in 1980.

“It is indeed an honour to be entrusted with the leadership of SBI at a time when India is best poised for growth. I look forward to serving the bank to the best of my abilities along with the support of all my colleagues spread across the globe,” Mr Rajnish Kumar said in a statement.

The Appointments Committee of the Cabinet has approved the appointment of Mr Rajnish Kumar for a period of three years from October 7, 2017 said the Department of Personnel and Training.

News Reporter