Overview
- Ravi Ranjan assumed charge as SBI managing director on December 15 with a term running to September 30, 2028 or until further orders.
- He has been assigned oversight of the bank’s Risk, Compliance and Stressed Assets Resolution Group portfolios, according to the exchange filing.
- The appointment was notified by the Department of Financial Services in line with provisions of the State Bank of India Act, 1955.
- The filing states he is not debarred by any SEBI order or other authority and is not disqualified from serving as a director.
- Ranjan is a career SBI banker with more than 34 years’ experience, including stints leading Global Markets, the Corporate Accounts Group and the Chennai Circle.