Ashwani Bhatia becomes new Managing Director of SBI

Government of India has appointed Ashwani Bhatia as the managing director (MD) of the State Bank of India (SBI). He has been appointed as the managing director up to the date of his superannuation that is May 31, 2022.

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Bhatia is currently working as the managing director and chief executive officer at SBI Mutual Fund. He will be appointed in place of PK Gupta who superannuated on March 31.

Important takeaways for all competitive exams:

• Chairman of State Bank of India: Rajnish Kumar.
• Headquarters: Mumbai; Founded: 1 July 1955.

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