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 Last updated on March 7th, 2022 02:20 pm 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, 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.