Categories: Appointments

Alok Kumar Choudhary takes charge as MD of SBI

Alok Kumar Choudhary has took charge as the new Managing Director (MD) of State Bank of India (SBI). His appointment comes in the wake of the superannuation of Ashwani Bhatia as Managing Director on May 31, 2022. Choudhary was previously Deputy Managing Director (Finance) at the bank. As the new MD, he will be handling retail business and operations.

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Per a notification issued by the Department of Financial Services, the new MD’s appointment is with effect from the date of assumption of office and up to the date of his superannuation (June 30, 2024), or until further order, whichever is earlier. Following Choudhary’s appointment, SBI now has four MDs. The other MDs are Challa Sreenivasulu Setty, Swaminathan J and Ashwini Kumar Tewari.

Important Takeaways For All Competitive Exams:

State Bank of India Founded: 1 July 1955;
State Bank of India Headquarters: Mumbai;
State Bank of India Chairman: Dinesh Kumar Khara.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.