Finance Khabar: C S Setty has been chosen as the new chairman of the State Bank of India (SBI). He will start his new role on August 28, taking over from Dinesh Kumar Khara, who is retiring. Setty will be chairman for three years.
Who is C S Setty?
Setty started working at SBI in 1988 as a Probationary Officer after completing his college degree in Agriculture. He also has a banking certification from the Indian Institute of Bankers.
Throughout his over 35 years at SBI, Setty has worked in various areas including loans, retail banking, digital services, and banking in international markets.
Along with Setty’s appointment, Rana Ashutosh Kumar Singh has been appointed as a managing director (MD) at SBI. Singh, who is moving up from a deputy managing director role, will stay as MD until his retirement in 2027.
These leadership changes at SBI are part of the bank’s structure, which includes one chairman and four managing directors who manage different parts of the bank’s operations.
