Categories: Appointments

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.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

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.

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

Donald Trump unveils plan for ‘Arc de Trump’ Monument in Washington, DC

United States President Donald Trump had unveiled plans for the massive gold accented triumphal arch…

20 mins ago

Samrat Choudhary Sworn In As The New CM Of the Bihar

Samrat Choudhary sworn in as the New Chief minister of the Bihar and created the…

2 hours ago

Financial Intelligence Unit-India (FIU-IND): Role, Functions and Importance in Preventing Money Laundering

The Financial Intelligence Unit-India (FU-IND) is an important government organization that helps in stopping illegal…

2 hours ago

Economic Corridor Between Delhi and Dehradun Inaugurated By PM Modi: A New Era for Regional Development

Honorable Prime Minister of India Shri Narendra Modi have inaugurated the Delhi-Dehradun Economic Corridor. This…

2 hours ago

Lok Sabha Expansion Plan: What the Proposed Constitutional Amendment Could Change in India’s Political Structure

The Union government has proposed constitutional reform that can change the parliamentary structure of the…

3 hours ago

List of Important Quasi-Judicial Bodies in India, Check the Names

In a modern country like India, many types of disputes arise every day - related…

4 hours ago