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Alok Kumar Choudhary appointed as new Managing Director of SBI

Category : Appointment/Resignation
Published on: June 09 2022 Share on facebook

  • India’s largest lender State Bank of India (SBI) has appointed Alok Kumar Choudhary as its new Managing Director (MD) with effect from June 7, 2022.
  • He has replaced former MD Ashwani Bhatia, who took charge as the whole-time member of the Securities and Exchange Board of India (SEBI).
  • Apart from Choudhary, SBI with this appointment will have 4 MDs - CS Setty, MD in charge of retail banking; Swaminathan Janakiraman, MD in charge of stressed assets, risk and compliance; and Ashwini Kumar Tewari, MD in charge of international banking - led by the chairman Dinesh Kumar Khara.
  • He also had a stint as the Chief General Manager (CGM) of the SBI’s Delhi Circle for three years.
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