In June 2022, the centre has approved the appointment of whom as the Managing Director of SBI for a period of 2 years?

In June 2022, the centre has approved the appointment of whom as the Managing Director of SBI for a period of 2 years? Correct Answer Alok Kumar Choudhary

The correct answer is Alok Kumar Choudhary.

Key Points

  • The centre has approved the appointment of Alok Kumar Choudhary, Deputy Managing Director of SBI as the Managing Director for a period of 2 years.
  • Choudhary, who was currently in charge of the finance portfolio, will now be in charge of corporate banking and information technology in his new role at SBI.
  • He replaces former MD Ashwani Bhatia who took charge as the whole time member of SEBI.

Additional Information

  • Recent Appointments:
    • Paytm founder Vijay Shekhar Sharma has been re-appointed as the Managing Director and Chief Executive Officer of Paytm.
    • On May 20, IAS officer Gyanesh Bharti was appointed as the new commissioner of the unified Municipal Corporation of Delhi.
    • Sindhu Gangadharan, Senior Vice President and MD, SAP Labs India, and head SAP User Enablement, has been appointed to Siemens India board as an independent director.

Related Questions

An independent director means a director other than a managing director or a whole-time director or a nominee director who does not have any material or pecuniary relationship with the company/directors. Which of the following should be the number of Independent Directors in every listed public company (fraction is to be rounded off to one)?