Sharma will hold the position for two years
"State Bank of Mysore has informed that State Bank of India has appointed Sharad Sharma as Managing Director of the Bank for a period of two years from the date of his assuming charge vide gazette notification July 23, 2012," the bank said in a BSE filing today.
Sharma took charge from August 13, 2012.
The bank said its previous MD Dilip Mavinkurve has retired from the service on attaining superannuation on March 31, 2012.
State Bank of Mysore shares were trading at Rs 475.30 apiece in the afternoon trade, up 1.57% from the previous close.
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