List of chairpersons of the State Bank of India
Chief executive of the State Bank of India / From Wikipedia, the free encyclopedia
The chairman 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-six chairpersons.
Chairman of State Bank of India | |
---|---|
Residence | Dunedin Bunglow, Mumbai |
Appointer | Government of India |
Term length | Three years |
Constituting instrument | The State Bank of India Act, 1955 |
Inaugural holder | John Matthai (1955–1956) |
Formation | 1 July 1955; 68 years ago (1955-07-01) |
Deputy | 4 Managing Directors and 8 Directors[1] |
Salary | ₹225,000 (US$2,700) |
Website | bank |
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]