SBI appoints Kameswar Rao Kodavanti as CFO

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SBI-appoints-Kameswar-Rao-Kodavanti-as-CFOCountry's largest lender State Bank of India (SBI) appointed Kameswar Rao Kodavanti as its Chief Financial Officer (CFO).

An Overview of the News

  • Kameswar Rao Kodavanti officially assumed the position of CFO on July 1, 2023.

  • Kodwanti's appointment follows the resignation of Charanjit Surinder Singh Attra.

  • As CFO, Kodwanti will play a key role in overseeing the financial operations of State Bank of India and ensuring regulatory compliance.

About State Bank of India

  • It is one of the largest and oldest banks in India.

  • It was established in 1806 as the Bank of Calcutta and later renamed as the Imperial Bank of India.

  • In 1955, the Government of India nationalised the bank and it became the State Bank of India.

  • Establishment - 1 July 1955

  • Chairman - Dinesh Kumar Khara

  • Headquarters - Mumbai, Maharashtra

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