State Bank of India Appoints Kameshwar Rao Kodavanti as CFO

State Bank of India (SBI), the largest lender in the country, has appointed Kameshwar Rao Kodavanti as its Chief Financial Officer. This appointment followed the resignation of Charanjit Surinder Singh Attra and became effective from July 1, 2023. Kodavanti has been associated with SBI since 1991 and brings extensive expertise to his new role, including areas like banking, forex, finance, and accounting. As CFO, he will be overseeing the bank's financial strategies, managing financial risks, and ensuring regulatory compliance. SBI is the largest bank in India with over 22,000 branches and offers a diverse range of financial products and services. The bank has also been leading the digital transformation in the Indian banking industry.

Important Points to remember:

  1. Kameshwar Rao Kodavanti has been appointed as the CFO of State Bank of India in July 2023.
  2. The State Bank of India is the largest lender in the country, with the most significant customer base and assets.
  3. SBI has been a part of Kodavanti's professional journey since 1991.
  4. Kodavanti's role as a CFO would include overseeing the bank's financial strategies, managing financial risks, and ensuring regulatory compliances.
  5. State Bank of India operates with over 22,000 branches nationwide, providing an extensive array of financial products and services.
  6. SBI plays a crucial role in India's economic growth and has been instrumental in furthering digital transformation within the banking industry.