Rana AK Singh takes over as MD of SBI
Additionally, Amara Ramamohan Rao, the bank’s top risk officer, is set to become the new MD because he is the most senior DMD now serving in the bank, according to these sources.
![Rana AK Singh takes over as MD of SBI](https://www.psuconnect.in/sdsdsd/sbi50.jpg)
Rana Ashutosh Kumar Singh has assumed the role of managing director in charge of the risk compliance and stressed assets resolution group (SARG) departments at the State Bank of India (SBI) following his nomination by the government last week.
Gajendra Singh Rana, the former chief general manager of the Mumbai circle, has succeeded Singh as the nation’s largest lender’s deputy managing director (DMD) retail and real estate, according to sources.
The Appointments Committee of the Cabinet (ACC) endorsed CS Setty’s appointment as SBI Chairman for a three-year term after current chairman Dinesh Khara departs on August 28. The ACC also authorized Singh’s advancement to the position of MD. Singh’s term currently runs until his retirement on June 30, 2027.
Read Also : Oil India launched flagship CSR initiative, Project ‘OIL ASHA’Additionally, Amara Ramamohan Rao, the bank’s top risk officer, is set to become the new MD because he is the most senior DMD now serving in the bank, according to these sources.
Read Also : OIL, OVL & KABIL sign MoU with IRH, UAE for Global cooperation in Critical Mineral supply chainNews Must Read
- IREDA Signs MoU with SJVN and GMR for 900 MW Hydropower Project in Nepal
- IREDA Signs MoU with SJVN and GMR fo Hydro Project in Nepal
- SJVN CMD visited 1320 MW Buxar Thermal Power Project
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL