List of chairpersons of the State Bank of India explained

Post:Chairman
Body:State Bank of India
Incumbent:Dinesh Kumar Khara
Incumbentsince:7 October 2020
Residence:Dunedin Bunglow, Mumbai
Termlength:Three years
Appointer:Government of India
Constituting Instrument:The State Bank of India Act, 1955
Deputy:4 Managing Directors and 8 Directors[1]

The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India, the State Bank of India has been headed by twenty-sevenchairpersons.

The term of office typically runs for three years and can, in some cases, be extended for another two years. However, in practice, only two chairmen, Raj Kumar Talwar and Arundhati Bhattacharya, had their terms extended. Arundhati Bhattacharya was also the first female chairperson of the bank and continues to be the only woman to have held that post.

The inaugural officeholder was the Indian railway minister John Matthai, while Raj Kumar Talwar holds the unique distinction of having been in office for the longest time. H. V. R. Iengar and P. C. Bhattacharya also held the post of governor of the Reserve Bank of India. Borra Venkatappaiah also held the post of the Deputy governor of the Reserve Bank of India.

Although the State Bank of India, through its predecessors, the Imperial Bank of India and others, has existed in some form since 1806, this article strives to list only those chairmen who have headed the bank since its formation in its modern form, that is since 1955.

Dinesh Kumar Khara is the current chairman of the State Bank of India since 7 October 2020.[2]

SBI chairman list

! scope="col"
OfficeholderPortraitdata-sort-type="date" scope="col" Term startdata-sort-type="date" scope="col" Term endTerm in officeBackgroundOther offices heldReferences
1John Matthai1 July 195530 September 1956EconomistMinister of Railways and Minister of Finance[3] [4] [5] [6]
2H. V. R. Iengar1 October 195628 February 1957Indian Civil Service officerGovernor of the Reserve Bank of India
[7] [8]
3P. C. Bhattacharya1 March 195728 February 1961Indian Audits and Accounts Service officerGovernor of the Reserve Bank of India[9] [10]
4Borra Venkatappaiah1 March 196228 February 1965Indian Civil Service (ICS) officerDeputy governor of the Reserve Bank of India[11] [12]
5V. T. Dehejia1 March 196528 February 1969Career civil servantIndian Civil Service officer[13] [14]
6Raj Kumar Talwar1 March 19693 August 1976Career banker[15] [16] [17]
7T. R. Varadachary4 August 197630 April 1977Career banker[18] [19]
8P. C. D. Nambiar23 May 197713 December 1982Career banker[20] [21] [22]
9V. S. Natarajan20 December 198230 January 1983Career banker[23] [24] [25]
10R. P. Goyal31 January 198330 November 1983Career banker[26] [27]
11Vishwanath N. Nadkarni1 December 198327 July 1984Career banker[28] [29] [30] [31]
12D. N. Ghosh13 May 198512 May 1989Career civil servantIndian Audit and Accounts Service officer[32] [33] [34] [35]
13Atal V.15 January 199017 February 1990Career banker[36] [37]
14M. N. Goiporia19 February 199031 July 1992Career bankerChairman of the Central Bank of India
[38] [39] [40]
15Dipankar Basu25 February 199331 August 1995Career banker
Economist[41] [42] [43] [44]
16P. G. Kakodkar1 October 199531 March 1997Career bankerChairman of the Goa Public Service Commission[45] [46] [47]
17M. S. Verma1 April 199730 September 1998Career bankerChairman of the Telecom Regulatory Authority of India[48] [49] [50]
18M. P. Radhakrishnan1 December 199831 January 1999Career bankerEconomist[51] [52] [53]
19G. G. Vaidya1 February 199931 October 2000Career bankerChairman of the State Bank of Travancore[54] [55] [56]
20Janki Vallabh1 November 200031 October 2002Career bankerEconomist[57] [58] [59]
21Arun Kumar Purwar13 November 200231 May 2006Career bankerChairman of the Federation of Indian Chambers of Commerce & Industry
Senior lecturer at the University of Allahabad		[60] [61] [62]
22O. P. Bhatt1 July 20066 April 2011Career bankerChairman of the Indian Banks' Association[63] [64] [65]
23Pratip Chaudhuri7 April 201130 September 2013Career bankerChairman of the State Bank of Saurashtra[66] [67] [68] [69]
24Arundhati Bhattacharya1 October 20136 October 2017Career bankerHead of India Operations of Salesforce[70] [71] [72] [73]
25Rajnish Kumar7 October 20176 October 2020Career bankerChairman of the Indian Institute of Banking and Finance[74] [75] [76] [77]
26Dinesh Kumar Khara7 October 202028 August 2024Career bankerChairman of the SBI Life Insurance Company[78] [79] [80] [81]
27Challa Sreenivasulu Setty28 August 2024IncumbentCareer BankerManaging Director of the State Bank of India[82] [83] [84] [85] [86] [87]

Notes and References

  1. Web site: Board Of Directors - SBI - About Us . sbi.co.in . 12 June 2022.
  2. News: Dinesh Kumar Khara Appointed New SBI Chairman . 12 June 2022 . NDTV.com.
  3. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
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  5. Web site: A Question of Leadership . 2000-02-03 . Hemindra . Hazari.
  6. Book: Banking Beyond Boundaries. Ray. Abhik. 18 April 2013. Pengiun Group India. 978-0670085347. 148.
  7. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
  8. https://sbi.co.in/documents/13958/14399/270323-SBI_CTB_R10.pdf/d7af6cfe-7a29-d599-293d-fa1b733861e4?t=1679922429439
  9. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
  10. https://sbi.co.in/documents/13958/14399/270323-SBI_CTB_R10.pdf/d7af6cfe-7a29-d599-293d-fa1b733861e4?t=1679922429439
  11. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
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  13. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
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  15. Web site: SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI . 14 July 2023 .
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  22. Web site: Banking on integrity. R.. Viswanathan. @businessline. 18 January 2013 .
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  31. Web site: SBI's impressive performance during '83. 21 April 1984.
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  40. News: Tamal Bandyopadhyay: The hunt for the SBI chief. Tamal. Bandyopadhyay. Business Standard India. 18 May 2006. Business Standard.
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  43. News: Extension For Verma At Sbi Ruled Out. Business Standard India. 8 July 1998. Business Standard.
  44. Web site: Former Chairman of SBI comes out with autobiography. 20 July 2006. www.oneindia.com.
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  47. Web site: Former SBI chairman P G Kakodkar passes away - ET BFSI. ETBFSI.com.
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  56. Web site: SBI Millennium Scheme to Give Us a Miss. www.telegraphindia.com.
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  59. News: 'CVC to focus on bank frauds' | Hyderabad News - Times of India. The Times of India. 13 October 2002 .
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  62. Web site: Interview with Arun Kumar Purwar ex-chairman SBI. Moneylife NEWS & VIEWS.
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  68. Web site: Pratip Chaudhuri | The last-mile challenge. Tamal. Bandyopadhyay. 13 September 2012. mint.
  69. News: Outgoing SBI chairman Pratip Chaudhuri leaves poor investors, rich legacy. Sangita. Mehta. The Economic Times.
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  72. Web site: The force is with Arundhati. www.fortuneindia.com. 12 December 2020 .
  73. I almost quit SBI to move to a bigger city for my child: Arundhati Bhattacharya. Shwweta Punj . 27 December 2020 . India Today.
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  76. Web site: How Rajnish Kumar Landed A Job At Kotak Within 4 Months Of Retiring As SBI Chief. Moneycontrol. 15 February 2021 .
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