Alok Kumar Choudhary Becomes CEO of SBI

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 Alok Kumar Choudhary has took rate as the brand new Managing Director (MD) of State Bank of India (SBI). 

Alok Kumar Choudhary has took rate as the brand new Managing Director (MD) of State Bank of India (SBI). His appointment comes withinside the wake of the superannuation of Ashwani Bhatia as Managing Director on May 31, 2022. Choudhary turned into formerly Deputy Managing Director (Finance) on the bank. As the brand new MD, he might be managing retail enterprise and operations. 



Per a notification issued via way of means of the Department of Financial Services, the brand new MD`s appointment is with impact from the date of assumption of workplace and as much as the date of his superannuation (June 30, 2024), or till similarly order, whichever is earlier. Following Choudhary`s appointment, SBI now has 4 MDs. The different MDs are Challa Sreenivasulu Setty, Swaminathan J and Ashwini Kumar Tewari. 

Important Takeaways For All Competitive Exams: 

1)State Bank of India Established: July 1, 1955; 
 2)Headquarters of State Bank of India: Mumbai; 
3) President of State Bank of India: Dinesh Kumar Khara.
Location: Mumbai, Maharashtra, India

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