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Trade veteran Abhijit Chakravorty has assumed cost as the corporate’s new managing director and chief government officer (CEO), efficient from August 12. Chakravorty has taken over from Rama Mohan Rao Amara, who, after serving two and a half years on the firm, will return to the financial institution.
Chakravorty, who has 34 years of expertise within the banking sector, is a deputy managing director with State Financial institution of India. He has beforehand labored with varied divisions of SBI together with retail and company banking, abroad operations and IT infrastructure.
The newly-appointed MD and CEO said that SBI Card has proven nice resilience and has grown exceptionally through the years. The bank card trade continues to supply immense progress alternatives and that he plans to make the most of this huge potential with a deal with reaching sustainable and worthwhile progress, he stated.
Dinesh Kumar Khara, Chairman, State Financial institution of India stated, “We’re delighted to welcome Mr. Abhijit Chakravorty as the brand new MD and CEO of SBI Card. He has a wealthy and various expertise as a banker and has a powerful monitor report in varied strategic and management positions that he has held through the years with SBI. We congratulate him for his new function and want him all one of the best. We’re assured that he has the fitting imaginative and prescient and strategic method to steer SBI Card in the direction of new milestones of success.”
Earlier than becoming a member of SBI Card, Chakravorty led the IT operations of the buyer going through channels and cost techniques as Chief Basic Supervisor on the International IT Centre of SBI. He was additionally concerned in high-value company lending with the Industrial Credit score Group of SBI.
Chakravorty has additionally, beforehand, led the operations of SBI in Bangladesh as CEO and Nation Head. He has additionally labored on the SBI’s Hong Kong department.
Abhijit Chakravorty has a postgraduate diploma in Utilized Chemistry and is a licensed affiliate of the Indian Institute of Bankers (CAIIB).
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