Mr R. Sridharan represents the continuity on the board among the whole-time directors and continues to hold the portfolio of MD (Associates & Subsidiaries). The portfolios of the three new MDs are: Mr Hemant Contractor (International Banking Business); Mr A Krishna Kumar (National Banking Group); and Mr Diwakar Gupta (Chief Finance Officer).
Our corporate banking function needs more one-to-one contact with the companies. Looking the bank's large portfolio, it would be difficult for one individual to do justice to this function. So, this portfolio has been split among two deputy managing directors: Mr Santosh Nayar (Large Corporate Banking) and Mr Shyamal Acharya (Mid-Corporate Banking).
This is a blend of continuity and also time to revamp the management structure as and when the opportunities arise. This is the collective leadership face of SBI, said Mr Chaudhuri.
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