State Bank of India Appoints Kameshwar Rao Kodavanti as CFO

State Bank of India Appoints Kameshwar Rao Kodavanti as CFO

Daily Current Affairs   /   State Bank of India Appoints Kameshwar Rao Kodavanti as CFO

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Category : Appointment/Resignation Published on: July 06 2023

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  • Country's largest lender State Bank of India (SBI) appointed Kameswar Rao Kodavanti as its Chief Financial Officer (CFO).
  • Kameswar Rao Kodavanti officially assumed the position of CFO on July 1, 2023.
  • Kodwanti's appointment follows the resignation of Charanjit Surinder Singh Attra.
  • As CFO, Kodwanti will play a key role in overseeing the financial operations of State Bank of India and ensuring regulatory compliance.
  • State Bank of India is one of the largest and oldest banks in India.
  • It was established in 1806 as the Bank of Calcutta and later renamed as the Imperial Bank of India.
  • In 1955, the Government of India nationalised the bank and it became the State Bank of India.
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