Ashish Vijayakar Appointed as MD & CEO of SBM Bank India

SBM Bank India, a subsidiary of the State Bank of Mauritius, has announced the appointment of Ashish Vijayakar as the Managing Director & Chief Executive Officer (MD & CEO) of the Bank. The appointment is effective from February 17, 2024, and has been approved by the Reserve Bank of India (RBI) as per their letter dated February 6, 2024.

Experience and Expertise

Ashish Vijayakar brings a wealth of expertise to his new role, particularly in the areas of business transformation, risk management, innovation, and adapting to changing business environments. His diverse skill set and extensive experience make him well-suited to lead SBM Bank India through its next phase of growth and development.

Educational Background

Ashish Vijayakar holds a Bachelor of Commerce degree from Bombay University, as well as a Chartered Accountant (CA) certification from the Institute of Chartered Accountants of India. Additionally, he has attained an LLB (General) degree from Bombay University, demonstrating his commitment to continuous learning and professional development.

• SBM Bank India Founded: 1st December 2018;
• SBM Bank India Headquarters: Mumbai, India.