Alok Kumar Choudhary appointed as new Managing Director of SBI

Alok Kumar Choudhary appointed as new Managing Director of SBI

Daily Current Affairs / Alok Kumar Choudhary appointed as new Managing Director of SBI

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Category : Appointment/Resignation Published on: June 09 2022

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India’s largest lender State Bank of India (SBI) has appointed Alok Kumar Choudhary as its new Managing Director (MD) with effect from June 7, 2022.
He has replaced former MD Ashwani Bhatia, who took charge as the whole-time member of the Securities and Exchange Board of India (SEBI).
Apart from Choudhary, SBI with this appointment will have 4 MDs - CS Setty, MD in charge of retail banking; Swaminathan Janakiraman, MD in charge of stressed assets, risk and compliance; and Ashwini Kumar Tewari, MD in charge of international banking - led by the chairman Dinesh Kumar Khara.
He also had a stint as the Chief General Manager (CGM) of the SBI’s Delhi Circle for three years.

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