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State Bank of India has strengthened its top-level management by promoting nine Chief General Managers to the level of Deputy Managing Directors.
The Chief General Managers (CGMs) who have become Deputy Managing Directors (DMDs) are: Anil Kishora, Ramesh Babu Boddu, PN Prasad, Sujit Kumar Varma, Sanjeev Nautiyal, DA Tambe, Hardayal Prasad, Partha Pratim Sengupta, and Challa Srinivasulu Setty.
Following the elevation of the above-mentioned senior officers and expected superannuation of a few CGMs, India’s largest bank has called about 60 General Managers for interview early next month to fill about 20 CGM vacancies.
Excluding the newly-promoted DMDs, SBI has 14 DMDs at the corporate centre. SBI Capital Markets and SBI Life Insurance are also headed by SBI officers of DMD rank.
After the elevation of Rajnish Kumar as Chairman of SBI in October 2017, one Managing Director’s position has fallen vacant. The bank currently has three MDs – B Sriram, Parveen Kumar Gupta and Dinesh Kumar Khara. A fourth MD is expected to be appointed soon.
SBI has 28 CGMs at the corporate centre. Besides, the 16 local head offices – Ahmedabad, Andhra Pradesh (new), Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Jaipur (new), Kolkata, Lucknow, Mumbai, North-East, Patna, Telangana, and Thiruvananthapuram – are headed by CGMs.
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