SBI Card appoints Abhijit Chakravorty as CEO

SBI Card appoints Abhijit Chakravorty as CEO

Daily Current Affairs   /   SBI Card appoints Abhijit Chakravorty as CEO

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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.
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