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Rajnish Kumar is the new Chairman of SBI

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New Delhi: Rajnish Kumar has been appointed as the new chairman of State Bank of India on Wednesday. He will replace Arundhati Bhattacharya, who will retire on October 6.

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Rajnish, who is currently the Managing director for the National Banking Group, started his career in SBI as a Probationary Officer in 1980. He is expected to get four-year term as chairman and MD.

Kumar will take over the mantle on October 7. He has a master’s degree in Physics and listed travelling and playing badminton among his interests.

Arundhati became the bank’s first woman chairman in 2013 and she was given a one year extension on October 2016. She will be remembered for her bold steps.

 

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