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BBB Recommends Dinesh Kumar Khara As Next SBI Chairman

By:  Tupaki Desk   |   29 Aug 2020 11:07 AM IST
BBB Recommends Dinesh Kumar Khara As Next SBI Chairman
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The Banks Board Bureau(BBB) on Friday recommended managing director Dinesh Kumar Khara as the next chairman of State Bank of India (SBI). The bank is currently headed by Rajnish Kumar, whose tenure will be completed by October 7, this year. According to the convention, the SBI chairman is appointed from a pool of serving managing directors at the bank.

Banks Board Bureau interviewed four managing directors of SBI following which, Dinesh Kumar's name was recommended as the next chairman. And, Challa Sreenivasulu Setty has been recommended as the reserve candidate.

Dinesh Kumar Khara joined SBI as a probationary officer in 1984. He is currently serving as managing director of the Global Banking and Subsidiaries (GB&S) wing of SBI and supervises the businesses of non-banking subsidiaries of the bank.