SBI appoints 9 new CGMs
State Bank of India has strengthened its top-level management by promoting 9 CGMs to the level of DMDs. The CGMs who have become DMDs are: Anil Kishora, Ramesh Babu Boddu, PN Prasad, Sujit Kumar Varma, Sanjeev Nautiyal, DA Tambe, Hardayal Prasad, Partha Pratim Sengupta, and Challa Srinivasulu Setty. The bank is now in the process of filling the vacancies of about 20 CGMs. Excluding the newly-promoted DMDs, SBI has 14 DMDs at the corporate center. SBI Capital Markets and SBI Life Insurance are also headed by SBI officers of DMD rank. After the elevation of Rajnish Kumar as chairman, 1 position of MD had fallen vacant and the bank has appointed Arijit Basu to that position. The bank has 28 CGMs at the corporate center. Besides, the 16 local head offices – Ahmedabad, Andhra Pradesh (new), Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Jaipur (new), Kolkata, Lucknow, Mumbai, North-East, Patna, Telangana, and Thiruvananthapuram – are headed by CGMs.