SBI invites applications for post of CFO; offers annual salary of Rs 1 cr

This is for the first time, the bank is recruiting the CFO from outside its experienced talent pool of top management

The country's largest lender State Bank of India has invited applications from eligible candidates for the post of Chief Financial Officer (CFO) on contract basis at a salary package of Rs 1 crore, three times more than its chairman's.

As per the recruitment notice, the position is for a contract period of three years and the annual CTC (cost to company) and perks would be Rs 75 lakh to Rs 1 crore.

Interestingly, the salary of SBI chairman was Rs 29.5 lakh in 2018-19.

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