Rana Ashutosh Kumar Singh Appointed as New MD of SBI

Daily Current Affairs / Rana Ashutosh Kumar Singh Appointed as New MD of SBI

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Category : Appointment/Resignation Published on: August 17 2024

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Rana Ashutosh Kumar Singh has been appointed as the new Managing Director (MD) of the State Bank of India (SBI), overseeing the Risk Compliance and Stressed Assets Resolution Group (SARG) departments, succeeding Alok Choudhary.
Singh's term as MD is set to last until June 30, 2027, with his appointment following government approval and the Financial Services Institutions Bureau's (FSIB) recommendation.