An SBI statement in the evening said that Bhattacharya assumed charge as the chairperson of the bank on Monday, succeeding Pratip Chaudhuri who retired on September 30. State Bank of India, which has a chairman/ chairperson unlike other public sector banks (PSBs) who have a combined post of chairman and managing director (CMD), has four managing directors (MDs). Bhattacharya’s elevation leaves one MD’s post vacant. It also has over a dozen deputy managing directors and over 35 chief general managers (CGMs).
Bhattacharya joined SBI as a probationary officer in 1977 and has had stints in areas such as retail, treasury and corporate finance during her 36-year career.
She has held various positions including deputy managing director and corporate development officer, chief general manager of the Bangalore circle and new businesses and head of its merchant banking arm, SBI Caps, the statement said.
Bhattacharya also played an important role in setting up general insurance, custody services and SBI Macquarie Infrastructure Fund subsidiaries, the statement added. She had a stint at the bank’s New York office as the head of external audit and correspondent relations, State Bank of India said.
Her appointment comes at a time when the government is all set to open the country’s first bank dedicated for women, Bhartiya Mahila Bank. Bhattacharya joins other women heading public sector banks - Allahabad Bank (Shubhalakshmi Panse) and Bank of India (VR Iyer) and private sector banks - Chanda Kochhar of ICICI Bank, Shikha Sharma of Axis Bank and Naina Lal Kidwai of HSBC India.
State Bank of India and its five subsidiaries today control over one-fifth of the nation’s banking assets and is the 66th largest bank in the world.
Bhattacharya joined SBI as a probationary officer in 1977 and has had stints in areas such as retail, treasury and corporate finance during her 36-year career.
She has held various positions including deputy managing director and corporate development officer, chief general manager of the Bangalore circle and new businesses and head of its merchant banking arm, SBI Caps, the statement said.
Bhattacharya also played an important role in setting up general insurance, custody services and SBI Macquarie Infrastructure Fund subsidiaries, the statement added. She had a stint at the bank’s New York office as the head of external audit and correspondent relations, State Bank of India said.
Her appointment comes at a time when the government is all set to open the country’s first bank dedicated for women, Bhartiya Mahila Bank. Bhattacharya joins other women heading public sector banks - Allahabad Bank (Shubhalakshmi Panse) and Bank of India (VR Iyer) and private sector banks - Chanda Kochhar of ICICI Bank, Shikha Sharma of Axis Bank and Naina Lal Kidwai of HSBC India.
State Bank of India and its five subsidiaries today control over one-fifth of the nation’s banking assets and is the 66th largest bank in the world.