Categories: Appointments

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) 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.

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

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.

Find More Appointments Here

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

Vibhor Jain Appointed CEO of ONDC, Set to Drive Digital Commerce Growth

Open Network for Digital Commerce (ONDC) has appointed Vibhor Jain as the Managing Director and…

9 mins ago

Operation HimSetu: Army Completes High Risk Rescue in 48 Hours Near India-China Border

Indian Army has launched the Operation HimSetu to rescue over the 1,400 stranded tourists and…

29 mins ago

President Droupadi Murmu Notifies Central Armed Police Forces Act, 2026

The Central Armed Police Forces (General) Administration Act, 2026 is officially notified new act after…

44 mins ago

Which Countries Border the Strait of Hormuz?

The Strait of Hormuz is one of the most important waterways in the world. Even…

45 mins ago

What Is NHAI’s ‘Arogya Van’ Initiative? Medicinal Trees to Line India’s Highways

The National Highways Authority of India (NHAI) has launched the innovative which named as the…

1 hour ago

Why RBI Wants 1-Hour Delay on UPI Payments Above ₹10,000 – Explained

The Reserve Bank of India has proposed the one hour delay on UPI and bank…

2 hours ago