Edition:
India

State Bank of India (SBI.BO)

SBI.BO on Bombay Stock Exchange

275.50INR
23 Oct 2019
Change (% chg)

Rs5.05 (+1.87%)
Prev Close
Rs270.45
Open
Rs270.95
Day's High
Rs277.70
Day's Low
Rs268.80
Volume
1,197,684
Avg. Vol
1,481,255
52-wk High
Rs373.70
52-wk Low
Rs244.35

Summary

Name Age Since Current Position

Rajnish Kumar

61 2017 Executive Chairman of the Board

Prashant Kumar

2018 Chief Financial Officer, Deputy Managing Director

Sanjay Abhyankar

2016 Vice President, Compliance Officer, Company Secretary

Anil Kishora

2018 Chief Risk Officer, Deputy Managing Director

Arijit Basu

2018 Managing Director, Commercial Clients Group & IT, Executive Director

Praveen Gupta

2015 Managing Director - Retail & Digital Banking, Executive Director

Dinesh Khara

2019 Executive Director, Managing Director (Global Banking & Subsidiaries)

Ravi Mital

2019 Director - Central Board of the Bank

Rajiv Kumar

59 2017 Director - Nominee of Central Board of Directors of the Bank

Chandan Sinha

62 2016 Director - Nominee of RBI

Girish Ahuja

73 2016 Non-Executive Independent Director

Purnima Gupta

69 2018 Non-Executive Independent Director

Sanjiv Malhotra

68 2014 Non-Executive Independent Director

Bhaskar Pramanik

68 2017 Non-Executive Independent Director

Pushpendra Rai

66 2016 Non-Executive Independent Director

Basant Seth

67 2017 Non-Executive Independent Director

B Venugopal

60 2018 Non-Executive Independent Director

Biographies

Name Description

Rajnish Kumar

Shri. Rajnish Kumar serves as a Executive Chairman of the Board of the Company. Shri Rajnish Kumar, prior to his elevation, was the Managing Director of the National Banking Group (NBG) at State Bank of India. In a career spanning over 36 years with SBI, he had held various assignments which include Managing Director (Compliance & Risk) prior to which he served as the Head of SBI Capital Markets, the Investment Banking arm of SBI Group. He has held several key positions across various business verticals of the Bank like Mid-Corporate Group and Project Finance. He has also served as the Chief General Manager of North Eastern Circle of SBI. As a part of SBI’s overseas operations, he has served SBI Canada and later as Regional Head of SBI’s UK Operations. Shri Kumar is a Post Graduate in Physics.

Prashant Kumar

Sanjay Abhyankar

Anil Kishora

Arijit Basu

Shri. Arijit Basu Managing Director, Commercial Clients Group & IT, Executive Director of the Company.

Praveen Gupta

Shri. Praveen Kumar Gupta serves a Managing Director - Retail & Digital Banking, Executive Director of the Company. Shri Parveen Kumar Gupta has held a number of important assignments in the Bank, both, in India and abroad, which includes Managing Director & CEO, SBI Capital Markets Ltd. Deputy Managing Director and Chief Financial Officer of SBI. He has extensively handled treasury operations in the Bank, both in India and abroad. He has also held the position of Chief Executive Officer of the Bahrain Offshore Banking Unit and the Regional Head for the Middle East and North Africa regions. Shri Gupta also served at Bank’s London Office. Currently, he looks after Retail Banking and the latest initiatives in Payments & Digital Banking. Prior to his present assignment, Shri Gupta was the Managing Director looking after Compliance & Risk functions in the Bank.

Dinesh Khara

Shri. Dinesh Kumar Khara serves as Executive Director, Managing Director (Global Banking & Subsidiaries) of the Company. Shri Dinesh Khara has over 33 years of experience in all facets of Commercial Banking. Shri Khara holds a Board level position in the Bank supervising Global Market, Corporate Banking and the businesses of non-banking subsidiaries of the Bank. He did his Masters in Business Administration from FMS New Delhi and is a Post Graduate in Commerce.

Ravi Mital

Rajiv Kumar

Dr. Rajiv Kumar is a Director - Nominee of Central Board of Directors of the Bank of the Company. Shri Rajiv Kumar is Secretary, Financial Services, Ministry of Finance, Govt. of India. He was Non-Executive Director - Nominated by GOI of State Bank of India. Dr. Kumar holds a D.Phil from Oxford University, Economist, with earlier stints in FICCI (Director General), ICRIER (Chief Executive Officer) and with Asian Development Bank. Dr. Kumar is currently a Senior Fellow at Centre for Policy Research, New Delhi.

Chandan Sinha

Shri. Chandan Sinha is a Director - Nominee of RBI of the Company. He is Executive Director, Reserve Bank of India. Shri Chandan Sinha is an additional Director, in CAFRAL, Mumbai.

Girish Ahuja

Dr. Girish Kumar Ahuja is a Non-Executive Independent Director of the Company. Dr. Ahuja is a Chartered Accountant and academician having 46 yrs of consultancy experience in international and domestic taxation, joint ventures, etc. He has expert knowledge in Direct Taxes with Doctorate in Financial Sector Reforms - Capital Market Efficiency and Portfolio Investment.

Purnima Gupta

Dr. Purnima Gupta serves as a Non-Executive Independent Director of the Company. She is a professor of Mathematics from Delhi University. She has done her Ph.D in Mathematics from University of Delhi and is a Gold Medalist in both B.Sc. (Mathematics) and M.A. (Mathematics). Her main contribution have been in the theory of Domination in Graph and hyper graphs, Graphodial Covers and Partition Graphs.

Sanjiv Malhotra

Shri. Sanjiv Malhotra serves as a Non-Executive Independent Director of the Company. Shri Malhotra is a Chartered Account and has more than 40 years of Global Banking and Finance experience in senior positions in Risk Management, Corporate and Investment Banking, Consumer Finance and Micro Enterprise lending, Private Equity.

Bhaskar Pramanik

Shri. Bhaskar Pramanik serves as a Non-Executive Independent Director of the Company. He is an engineering graduate from IIT Kanpur. Shri Pramanik has experience of more than 45 years in the Indian IT industry. Before joining the Board of the Bank, he served as Chairman for Microsoft in India. He was also working with Oracle and Sun Microsystems as Managing Director.

Pushpendra Rai

Dr. Pushpendra Rai is a Non-Executive Independent Director of the Company. He has about 38 years of professional experience in national and international institutions. As a member of the Indian Administrative Service for more than 21 years, he was responsible for formulating policy; preparing the program and budget; determining implementation strategies; monitoring implementation; and evaluating staff performance for a diverse set of institutions like rural and industrial development agencies, power generation and distribution departments, petroleum companies and intellectual property offices. He has also worked as the National Project Director - UNDP/World Intellectual Property Organisation (WIPO); Member, Governing Council, National Institute of Design; Member Secretary, Foreign Investment Promotion Council; Executive Director, National Renewal Fund; National Negotiator at WTO/WIPO; and Secretary General, Quality Council of India. Subsequently, Dr. Rai worked at the World Intellectual Property Organization, Geneva (UN), for 16 years, handling assignments like extending technical cooperation, promoting the economic aspects of IP and asset creation; leading the Development Agenda process; and heading the Regional Office for Asia Pacific at Singapore. Dr. Rai has a Ph.D. from IIT, Delhi; postgraduate degrees from Harvard University and the University of Lucknow and has lectured extensively in various parts of the world.

Basant Seth

Shri. Basant Seth serves as a Non-Executive Independent Director of the Company. He is a Chartered Accountant and has more than 40 years of experience in Banking and Finance including financing of Micro, Small and Medium Enterprises, Corporate Governance and Administrative matters. He was a Central Information Commissioner before joining the Board of the Bank. He was Chairman & Managing Director of Syndicate Bank. He has also served in senior positions in SIDBI and Bank of India.

B Venugopal

Shri. B Venugopal is Non-Executive Independent Director of the Company. Shri Venugopal is a Director elected by the Shareholders u/s 19(c) of the SBI Act w.e.f. 7th June 2018 till 25th June 2020. He has graduated in Commerce & Cost Accountancy from the University of Kerala. He is presently working as Managing Director in Life Insurance Corporation of India. He has more than 30 years of experience in Insurance, Finance & IT.

Basic Compensation

Name Fiscal Year Total

Rajnish Kumar

2,953,750

Prashant Kumar

--

Sanjay Abhyankar

--

Anil Kishora

--

Arijit Basu

2,077,420

Praveen Gupta

2,986,870

Dinesh Khara

2,806,300

Ravi Mital

--

Rajiv Kumar

2,773,010

Chandan Sinha

830,000

Girish Ahuja

265,000

Purnima Gupta

790,000

Sanjiv Malhotra

935,000

Bhaskar Pramanik

1,110,000

Pushpendra Rai

965,000

Basant Seth

960,000

B Venugopal

520,000
As Of  31 Mar 2019