The largest lender, the State Bank of India on Monday said that Ashwani Bhatia has taken charge as it’s managing director. Bhatia is the fourth MD of SBI, with Dinesh Khara, Arijit Basu and CS Shetty being the other three.
Till the date of superannuation, Bhatia is going to held this position, this is May 31, 2022. He will be responsible for the IT and stressed Asset Resolution Group(SARG) in this new role, the bank said in a press release.
Previously Bhatia was MD and CEO of the India’s largest asset management company , SBI Fund Management Pvt Limited. He is extremely senior in experience of over three and a half decade in the State Bank Group. Before joining SBI Funds Management Private Limited, he was working as a chief General Manager, Corporate Centre in SBI, where he was responsible for revamping credit structure and processes of the bank.
Bhatia started his career with SBI as probationary officer in 1985. Some of his key position in the bank is Chief General Maneger-SME, General Maneger(heading retail operations of Haryana, HP, Jammu and Kashmir, Punjab and Chandigarh) and various others in Network Banking, Credit, Investment Banking and Asset Management. He has spent more than a decade in the bank’s Treasury as DGM(Forex), DGM(Interest Rate), AGM & Chief Dealer in the equities market. He also had stint with SBI Capital markets as President & COO and Whole-time Director for over two years.
Bhaiya is a graduate in Physics & Mathematics from Dayalbagh, Agra , and is an MBA from Poddar Institute of Management, Jaipur.
