Government appointment selection panel FSIB on Saturday selected senior-most managing director Challa Sreenivasulu Setty for the position of Chairman of country's largest lender State Bank of India (SBI).
Setty, who was appointed managing director in January 2020, currently looks after International Banking, Global Markets and Technology verticals.
He will succeed Dinesh Kumar Khara, who will be superannuating on August 28, when he turns 63, the upper age limit for the position of SBI Chairman.
Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, interviewed three candidates on June 29, 2024 for the position.
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