SBI Capital Markets names Virendra Bansal as new MD and CEO:

Daily Current Affairs / SBI Capital Markets names Virendra Bansal as new MD and CEO:

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Category : Appointment/Resignation Published on: February 17 2024

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SBI Capital Markets Limited (SBICAPS), the wholly owned subsidiary and investment banking arm of the State Bank of India (SBI), has appointed Virendra Bansal as the new Managing Director & Chief Executive Officer.
Before taking the new role at SBICAPS, Bansal was the Country Head for the US Operations of SBI.
Bansal has succeeded Rajay Kumar Sinha, who has been appointed as the Whole-Time Member (Finance and Investment) of the Insurance Regulatory and Development Authority of India (IRDAI), for three years in January 2024.