SBI Cards & Payment Services (SBI Card), the country’s largest pure-play credit card issuer, has appointed Abhijit Chakravorty as MD & CEO. Chakravorty, who is presently a Deputy Managing Director at SBI, will assume charge of his new role on August 12, SBI Card said in a filing with stock exchanges. He has been appointed as SBI Card’s MD&CEO for two years.
Incumbent MD & CEO Rama Mohan Rao Amara has tendered his resignation owing to his transfer to SBI. Amara will demit office on August 11.
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