The SBI Mutual Fund has appointed Ashwani Bhatia as MD & CEO of its asset management company SBI Funds Management. He will take over the reins from Anuradha Rao who will return to SBI as the Deputy Managing Director.

Before joining SBI MF, Bhatia was in charge of revamping the entire credit structure and processes of the SBI. He has also been associated with SBI Capital Markets as President & COO and Whole Time Director.

A BSc and MBA graduate, his career with SBI started as a Probationary Officer in 1985. Over his tenure of 33 years with the SBI, Bhatia has traversed through various functions and assignments possessing rich experience in various facets of commercial banking such as forex and treasury, retail credit and liability and SME/Corporate Credit.

Bhatia said it is a huge responsibility to oversee SBI MF’s future growth and work continuously towards offering best-in-class products and services to investors through a process-driven approach, which is high on transparency, convenience and value-creation.

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