State Bank of India completes promotion exercise, elevates 14 to Dy MD

State Bank of India has completed the promotion exercise at the top and senior management levels, and elevated 14 chief managers as deputy managing directors (DMDs). The lender has also elevated 30 general managers as chief general managers.

Given the extended lockdown, the bank extensively used its digital platform, including video conferencing, to carry out the performance review and promotion exercise, said senior bank executives.

New faces at the DMD level include Arun Mehta, who is heading SBI Capital Markets; Vinay Tonse, Prabodh Parikh, Natrajan Sundar, A K Tiwari, S Salee, Rana Ashutosh Kumar Singh and Saloni Narayan. The process of their