SBI Cards and Payment Services Limited announced the appointment of Abhijit Chakravorty as Managing Director and Chief Executive Officer of the company, with effect from August 12, 2023.
According to the company’s exchange filing, “we wish to inform that the Board of Directors of the Company at its meeting held on Monday, July 10, 2023, inter alia, noted/ approved the appointment of Mr. Abhijit Chakravorty as Managing Director & CEO (nominated by State Bank of India) (DIN: 09494533) of the Company with effect from Saturday, August 12, 2023 for a period of two years, subject to necessary approval(s) as may be required including approval of the shareholders at the ensuing Annual General Meeting.”
Abhijit Chakravorty is presently a Deputy Managing Director at State Bank of India. Starting his banking career as a Probationary Officer with SBI in 1988, Chakravorty has gained over 34 years of rich experience in Retail and Corporate Banking, Overseas Operations and IT vertical of the Bank.
Chakravorty had served at Hongkong branch of the Bank. He had a long tenure in Commercial Credit Group of the Bank and was involved in high value Corporate Lending. Chakravorty managed the Bangladesh Operations of the Bank as CEO and Country Head. In his previous assignment as Chief General Manager (Channels & Operations) at the Global IT Centre of the Bank, Chakravorty was leading the vertical responsible for IT operations of the customer facing channels and payment systems.
Chakravorty is a post graduate in Applied Chemistry and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
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