S.Vishwanathan Elected as New Managing Director of State bank of India

S. Viswanathan on 8 October 2012 was appointed as a managing director of State Bank of India. His appointed came by the Central Government of India.

Viswanathan, was earlier serving as a deputy managing director of State Bank of India. Prior to that he was heading the state-run bank’s investment banking arm, SBI Capital Markets Ltd.

The  appointment of S. Viswanathan takes effect from the date of taking over charge of the post till April 30, 2014 , that isthe date of his attaining the age of superannuation or until further orders, whichever is earlier.

Following the appointment, SBI has now four managing directors, including Diwakar Gupta, who the chief financial officer, Hemant Contractor, who is in charge of international operations and A. Krishna Kumar, who looks after national banking.