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

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.
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