SBI Card appoints Abhijit Chakravorty as CEO

Category : Appointment/Resignation Published on: July 12 2023

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SBI Cards and Payment Services (SBI Card), reportedly appointed Abhijit Chakravorty as its new Managing Director (MD) and Chief Executive Officer (CEO).
The new MD, CEO will assume his role on 12 August, SBI Card notified in a filing with stock exchanges. His tenure would be for the period of 2 years from appointment.
Chakravorty will be appointed for a period of two years with effect from August 12, 2023 subject to approval of shareholders at the Annual General Meeting.
Abhijit Chakravorty is presently a Deputy Managing Director at State Bank of India.
Starting his banking career as a Probationary Officer with SBI in 1988, Mr. Chakravorty has gained over 34 years of rich experience in Retail and Corporate Banking, Overseas Operations, and IT vertical of the Bank.
Chakravorty had earlier served at Hongkong branch of the Bank.