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Managing people will be key to success for SBI's CFO Charanjit Singh Attra

How the 49-year-old chartered accountant handles people-related issues in the country's largest public sector bank would be keenly watched

How much money will you get if your bank goes bust?
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Attra’s peers say two things seem to have worked in his favour in getting the coveted job. The 12-odd years spent in a private banking institution — ICICI Bank group — in the early part of his career

Sudipto Dey New Delhi
The appointment of Charanjit Singh Attra as chief financial officer (CFO) of State Bank of India — the first c-suite hire through the lateral route at the public sector bank (PSB) — could open the gate for similar CXO-level appointments in other state-owned lenders.
 
How the 49-year-old chartered accountant handles people-related issues in the country’s largest public sector bank would be keenly watched, both internally and by external stakeholders and peers, say experts from the sector. The PSB has so far only relied on internal talent to fill the position of CFO.
 
Attra’s peers say two things seem to have