Arundhati Bhattacharya is new chief of State Bank of India (SBI)
** Arundhati Bhattacharya Monday took over as
the new chairperson of the State Bank of India (SBI).
** She is
the first woman to be appointed to the top job at the country's
largest lender.
**Prior to
her elevation to the top job, 57-year-old Bhattacharya was managing
director and chief financial officer of SBI.
** She
succeeds Pratip Chaudhuri who retired Sep 30.
**"Arundhati
Bhattacharya assumed charge as chairperson of State Bank of India on Oct 7,
2013," SBI said in a statement.
**Bhattacharya
joined SBI as a probationary officer in 1977.
** During
her 36-year tenure at the bank she has held a number of important positions,
including those of deputy managing director and corporate development officer,
chief general manager (Bangalore Circle) and chief general manager (New
Businesses).
** She
also headed SBI Capital Markets Ltd, a subsidiary of State Bank of India and
had a stint in the BankA's New York office where she was in charge of
monitoring branch performance, overseeing external audit and correspondent
relations, SBI statement said.
**"She
has also played a pivotal role in setting up three of the latest subsidiaries
of the Bank viz. the General Insurance Subsidiary, the Custodial Subsidiary and
the SBI Macquarie Infrastructure Fund," it said.
Courtesy : http://www.currentaffairs4examz.com