Arundhati Bhattacharya is new chief of State Bank of India (SBI)
Arundhati Bhattacharya is new chief of State Bank of India (SBI)
** Arundhati Bhattacharya Monday took over as the new chairperson of the State Bank of India (SBI).
** She is the first woman to be appointed to the top job at the country's largest lender.
**Prior to her elevation to the top job, 57-year-old Bhattacharya was managing director and chief financial officer of SBI.
** She succeeds Pratip Chaudhuri who retired Sep 30.
**"Arundhati Bhattacharya assumed charge as chairperson of State Bank of India on Oct 7, 2013," SBI said in a statement.
**Bhattacharya joined SBI as a probationary officer in 1977.
** During her 36-year tenure at the bank she has held a number of important positions, including those of deputy managing director and corporate development officer, chief general manager (Bangalore Circle) and chief general manager (New Businesses).
** She also headed SBI Capital Markets Ltd, a subsidiary of State Bank of India and had a stint in the BankA's New York office where she was in charge of monitoring branch performance, overseeing external audit and correspondent relations, SBI statement said.
**"She has also played a pivotal role in setting up three of the latest subsidiaries of the Bank viz. the General Insurance Subsidiary, the Custodial Subsidiary and the SBI Macquarie Infrastructure Fund," it said.
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