Categories: Appointments

SBI Funds Management appoints Shamsher Singh as new MD, CEO of company

State Bank of India: SBI Funds Management has appointed Shamsher Singh as managing director and chief executive officer of the company. Singh, who was deputy managing director at State Bank of India (SBI), has taken over the charge from Vinay M Tonse following his repatriation to the public sector lender, the asset management company.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About the Shamsher Singh:

Singh has more than 32 years of rich experience working with SBI in various verticals, including investment banking, treasury, corporate banking and branch banking. He had joined SBI as probationary officer in June 1990 and moved up the ranks to become deputy MD by successfully managing leadership roles across domains besides serving international stints in the US, Bahrain and UAE. SBI Funds Management is a joint venture between SBI and Europe’s largest asset manager Amundi.

Important takeaways for all competitive exams:

  • SBI Chairperson: Dinesh Kumar Khara.
  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.

You may also read:

 

 

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.

Recent Posts

Who were the Seven Sisters of Petroleum? Check the Names

The "Seven Sisters of Petroleum" were seven very powerful oil companies that controlled most of…

5 hours ago

What is the State Flower of Florida? Check Here

Flowers often represent the identity and culture of a place. They are chosen not only…

6 hours ago

Which is the Largest Desert in Asia? Check Its Name and Location

Deserts are places where very little rain falls and the weather is often extreme. Asia…

7 hours ago

UPI QR Code Deployment Rises 15% in 2025, Transactions Up 33%: Report

India's digital payments ecosystem continues to expand rapidly with UPI QR codes are growing by…

7 hours ago

Air India CEO Campbell Wilson Resigns Before Completing Five-Year Term

Chief Executive Officer and Managing Director of Air India Campbell Wilson has stepped down before…

8 hours ago

Centre Issues Gazette Naming Amaravati as Andhra Pradesh Capital

Government of India has officially declared the Amaravati as the sole capital of Andhra Pradesh…

8 hours ago