The Central Government has appointed Pradeep Kumar Gupta as the new Managing Director of State Bank of India (SBI), the country’s largest bank.
Gupta will succeed P Pradeep Kumar, who will superannuate on October 31 this year, the bank said.
At present, Gupta is the Deputy Managing Director at SBI and will take over the post on or after November 1, 2015 and up to March 31, 2020, the date of his superannuation, or until further orders, whichever is earlier, the bank statement said.