The Central Government has appointed S. Viswanathan as the Managing Director of State Bank of India.
Prior to his elevation, he was the Deputy Managing Director (Mid-Corporates) at India’s largest bank.
Viswanathan’s appointment takes effect from the date of taking over charge of the post till April 30, 2014 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.
Following the elevation of Viswanathan, SBI now has four MDs. The other three MDs are: Hemant Contractor, Diwakar Gupta and A. Krishna Kumar.