Rajnish Kumar, next SBI Chairman, profile: Rajnish Kumar is set to replace Arundhati Bhattacharya as the Chairman of the State Bank of India next week. Rajnish Kumar, who has been appointed for three years, is a current managing director with the bank. As per his profile on SBI General Insurance website, Rajnish Kumar has served as Managing Director (National Banking Group), a position he was given on 2nd November, 2015.Rajnish Kumar has also served as the Managing Director (Compliance & Risk) of SBI. The senior bank official previously also headed the SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) as Managing Director and Chief Executive Officer, prior to becoming Managing Director in SBI, his profile says.
About him
Rajnish Kumar, who is set to take the top spot at the giant state-run organisation, had joined SBI as a Probationary officer in 1980. Kumar holds the distinction of heading several key assignments across various business verticals, including two overseas assignments in Canada and the UK.
Kumar brings with him vast experience in handing large credit, project finance, foreign exchange and retail banking. In his more than three decade long career, Kumar has held such important positions as Deputy General Manager, Pune Zone; General Manager (NW-II), Mumbai; Regional Head, SBI (UK); Chief General Manager, North East Circle and Chief General Manager, Project Finance. As for his hobbies, Rajnish Kumar is an avid traveler and has visited several countries. He loves sports and is a good player of Badminton.
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