Vinay Tonse becomes new MD and CEO of SBI Mutual Fund

Vinay Tonse has been appointed as the Managing Director and Chief Executive Officer of SBI Mutual Fund (MF). He will replace Ashwani Bhatia, who has been now appointed as the managing director (MD) of State Bank of India.

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Tonse joined SBI as a Probationary Officer in 1988 and has worked across different locations in India and abroad. Over his tenure of 32 years with the State Bank of India, he has traversed through various functions and assignments possessing rich experience in several facets of commercial banking such as corporate credit, treasury, retail and international banking.

Important takeaways for all competitive exams:
  • SBI Mutual Fund Founded: June 1987.
  • SBI Mutual Fund Headquarters: Mumbai, Maharashtra.

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