SBI appoints Kameshwar Rao Kodavanti as CFO

State Bank of India, the country’s largest lender, has announced the appointment of Kameshwar Rao Kodavanti as its Chief Financial Officer (CFO). Kodavanti, who has been with the bank since 1991, assumed the position on July 1, 2023.

An Overview of the News

Kameswar Rao Kodavanti officially assumed the position of CFO on July 1, 2023.
Kodwanti’s appointment follows the resignation of Charanjit Surinder Singh Attra.
As CFO, Kodwanti will play a key role in overseeing the financial operations of State Bank of India and ensuring regulatory compliance.

Extensive Experience and Qualifications

Kodavanti brings a wealth of experience to his new role at State Bank of India. Having served the bank for over three decades, he possesses expertise in various domains, including banking, forex, finance, and accounting. His long-standing association with the bank has equipped him with valuable insights into the industry and the institution’s operations. Additionally, Kodavanti is a qualified chartered accountant, further bolstering his financial acumen.

About State Bank of India

It is one of the largest and oldest banks in India.
It was established in 1806 as the Bank of Calcutta and later renamed as the Imperial Bank of India.
In 1955, the Government of India nationalised the bank and it became the State Bank of India.
Establishment – 1 July 1955
Chairman – Dinesh Kumar Khara
Headquarters – Mumbai, Maharashtra

FAQs – SBI Appointment of Kameshwar Rao Kodavanti as CFO

When did Kameshwar Rao Kodavanti assume the position of Chief Financial Officer (CFO) at State Bank of India (SBI)?

Kameshwar Rao Kodavanti officially assumed the position of CFO on July 1, 2023.

What was the reason for the appointment of Kameshwar Rao Kodavanti as CFO at SBI?

Kameshwar Rao Kodavanti’s appointment as CFO followed the resignation of the previous CFO, Charanjit Surinder Singh Attra.

What are the responsibilities of Kameshwar Rao Kodavanti as CFO of SBI?

As CFO, Kameshwar Rao Kodavanti will play a crucial role in overseeing the financial operations of State Bank of India and ensuring regulatory compliance.

What is Kameshwar Rao Kodavanti’s experience and qualifications for his new role at SBI?

Kameshwar Rao Kodavanti has been with State Bank of India since 1991, giving him over three decades of experience in various domains, including banking, forex, finance, and accounting. He is also a qualified chartered accountant, further enhancing his financial acumen.

When was State Bank of India established, and how did it evolve over the years?

State Bank of India is one of the largest and oldest banks in India. It was established in 1806 as the Bank of Calcutta and later renamed as the Imperial Bank of India. In 1955, the Government of India nationalized the bank, and it became the State Bank of India on July 1, 1955.

Who is the current Chairman of State Bank of India?

The current Chairman of State Bank of India is Dinesh Kumar Khara.

Where is the headquarters of State Bank of India located?

The headquarters of State Bank of India is located in Mumbai, Maharashtra.

SBI appoints Kameshwar Rao Kodavanti as CFO,SBI appoints Kameshwar Rao Kodavanti as CFO