You are here: Home » Finance » News » Banks
Business Standard

Arijit Basu takes charge as Managing Director of State Bank of India

Prior to this role, Basu was designated as Deputy Managing Director (DMD) in the bank

ANI  |  New Delhi [India] 

SBI

(SBI) on Monday announced appointment of as the Managing Director.

A graduate in Economics and a Master of Arts in History, Basu will handle the areas of Commercial Credit and IT and will also hold additional charge of Stressed Assets Resolution Group.

Prior to this role, Basu was designated as Deputy Managing Director (DMD) in the bank.

With 35 years of experience, Basu served Life Insurance Company as its MD and CEO from August 2014 to March 2018.During his tenure, the company successfully listed on the Stock Exchanges in October, 2017.

He held several key assignments in which includes Chief General Manager of Delhi Circle and Regional Head & CEO of Japan Operations at Tokyo.

Basu worked in various verticals of the Bank including Corporate Banking, International Banking, Retail Banking and HR and was also part of Business Process Reengineering (BPR) initiative undertaken by the Bank.

First Published: Mon, July 02 2018. 16:13 IST
RECOMMENDED FOR YOU