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Mumbai, Oct. 8

Mr Sanjay Kumar Bhattacharya was appointed as the Managing Director of State Bank of India today and has been designated as MD and Chief Credit and Risk Officer. He is replacing Mr Yogesh Agarwal, who is now Chairman and Managing Director of IDBI Ltd.

According to a release issued by SBI, Mr Bhattacharya was MD, State Bank of Bikaner and Jaipur, prior to this appointment. He joined SBI in 1972 and has held several posts such as Chief General Manager of Hyderabad Circle, Deputy General Manager (Vigilance) at Chennai Circle and MD of SBI International (Mauritius) Ltd, the release said. –

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