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

Top 10 Mobile Phone Brands in the World 2026

In the global smartphone industry in 2026, there is a tough battle between Samsung and…

13 minutes ago

Rajasthan’s Shekhawati Havelis Added to UNESCO Tentative List

Shekhawati havelis of Rajasthan have made a great leap forward towards potential heritage recognition at…

2 hours ago

iPhone Manufacturing in India: Which States Have Apple Manufacturing Plants?

India has emerged as an important component of the global supply chain network for manufacturing…

2 hours ago

Himalaya Diwas 2026: Glacier Retreat Raises Water Concerns

The Himalaya Diwas is marked annually on September 9th to focus on the significance of…

2 hours ago

PM Modi Inaugurates Global Fintech Fest 2026, Calls for Next-Generation Innovation

Prime Minister Narendra Modi launched the Global Fintech Fest 2026 in Mumbai on September 8,…

3 hours ago

Apple Park: Where Is Apple’s Headquarters and Why Is It Famous?

Apple Park is the world headquarters of Apple Inc., and it is located in Cupertino,…

3 hours ago