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SBI named ex-Ujjivan Small Finance Bank CEO Nitin Chugh as DMD

State Bank of India (SBI) has appointed former Ujjivan Small Finance Bank CEO, Nitin Chugh as Deputy Managing Director (DMD).

Sumit Arora Published On March 7th, 2022 Leave a comment

State Bank of India (SBI) has appointed former Ujjivan Small Finance Bank CEO, Nitin Chugh as Deputy Managing Director (DMD) to drive digital banking operations. He has been appointed for an initial term of three years. Prior to this appointment, Chugh was CEO and managing director of Ujjivan Small Finance Bank. He joined there from HDFC Bank where he served as the Group Head of Digital Banking.

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According to public notice by SBI, the position would be responsible for envisioning, developing and executing of bank’s digital banking strategy and business plan for imparting digital knowledge/skills in a constructive, empowering and collaborative way.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.