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Shri Rajnish Kumar


Shri Rajnish Kumar assumed charge as Chairman on 7th October 2017. Prior to this, he was the Managing Director (National Banking Group) from 2nd November 2015 to 6th October 2017. Prior to this, he was holding a charge as Managing Director (Compliance & Risk) of State Bank of India from 26th May, 2015. Shri Rajnish Kumar was heading SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) as Managing Director & Chief Executive Officer, prior to becoming Managing Director in SBI.

Shri Rajnish Kumar has been with the State Bank of India for over three decades, having joined the Bank as a Probationary Officer in 1980. An M.Sc. in Physics, apart from CAIIB, Shri Kumar has held several key assignments across various business verticals, including two overseas assignments in Canada and U.K. He has vast experience in handling large credit, project finance, foreign exchange and retail banking. Shri Kumar has held such important positions as Dy. 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. Shri Kumar is an avid traveller and has visited several countries. He loves sports and is a good player of badminton.

Shri Dinesh Khara

Managing Director (Risk, IT and Subsidiaries)

Shri Dinesh Kumar Khara is the Managing Director of Risk, IT and Subsidiaries of SBI. He holds a Board level position in the Bank supervising the Risk, Information Technology, and businesses of SBI’s  subsidiaries. The subsidiaries are engaged in diverse financial activities such as Asset Management, Life Insurance, General Insurance, Custodial Services, Primary Dealership, Investment Banking, Broking, Credit Cards, Pension Funds and Factoring services.

Shri Dinesh Kumar Khara, did his Masters in Business Administration from FMS New Delhi and is a post-graduate in Commerce. He is also a Certified Associate of Indian Institute of Bankers (CAIIB). Shri  Khara joined SBI as Probationary Officer in 1984 and has over 31 years of experience in all facets of Commercial banking such as Retail Credit, SME/Corporate Credit, deposit mobilization, international banking operations, branch management, etc.

Prior to being appointed as Managing Director of State Bank of India, Shri Khara was the MD & CEO of SBI Funds Management Pvt. Limited (SBIMF).



Shri Alok Kumar Choudhary

Deputy Managing Director (HR) and Corporate Development Officer, SBI

Shri Choudhary, a Probationary officer of 1987 batch, has varied experience in many areas of Banking and has served in various geographical locations spread across different Circles. Some of his previous assignments include GM, Network I, Ahmedabad, DGM, B&O, Delhi and DGM&CDO, LHO, North East Circle, Chief General Manager, New Delhi Circle.

Shri Mahendra Kumar Rekhi

Managing Directior and CEO SBI Foundation

Shri. Mahendra Kumar Rekhi assumed charge of SBI Foundation as Managing Director & Chief Executive Officer on 10th April 2017.

A Post Graduate in Commerce, Shri Rekhi joined the Bank as Probationary Officer in the year 1984. Presently he is spearheading SBI Foundation, a CSR arm of SBI. Prior to his present assignment, he worked as General Manager (Social Media) & General Manager (Corporate Communication & Change Management). During his stint as General Manager (Social Media & Marketing) Bank’s social media presence got due fillip in as much as it is now the No. 1 Brand in the world among Banks using social media as per the Financial Brand’s Power 100 Ranks – Banks Q 1 2017. During his long career of 34 years in the Bank, he has held many challenging assignments, which include Banking operations, Development Sector, Corporate Communication and other assignments as below:

Dy. General Manager (PR) - Shri Rekhi was adjudged as one of the top 5 CMOs of the country for two consecutive years, 2013 and 2014 by IAA (International Advertising Association). As a career Banker, he gained experience in various facets of Banking like Large Corporate Credits, Retail Operations, Corporate Communications, Public Relations, SME Advances etc.

Asst. General Manager- LCPC, Noida- Front-led over 3500 branches chequebook maintenance and account opening functions, entailing 20% of the total branches of the bank in the country at that time with a team of 600 staff members working under one roof.

Regional Manager- (Retail Loan Portfolio), Ghaziabad| Asst. General Manager- (SMECCC), Dehradun |Asst. General Manager- (Tourism and Agriculture), Dehradun.

CSR is very close to his heart and he always strives for the welfare of the less fortunate & underprivileged in unreached areas of the Country.



Shri Ishaat Hussain

Independent Director

Mr. Ishaat Hussain is a former Director of Tata Sons Ltd. and was with the Group from 1981 to 2017. During this period, Mr. Hussain was the Finance Director of Tata Steel Ltd. and later, he became the Finance Director of Tata Sons Ltd. Mr. Hussain served on several Tata company Boards including Tata Steel Ltd. and Tata Consultancy Services Ltd. He was also the Chairman of Voltas Ltd., Tata Sky Ltd., Tata AIA Life Insurance Co. Ltd. and Tata AIG General Insurance Co. Ltd. Prior to joining the Tata Group, he worked with the ICI Group of companies in India for seven years.

Mr. Hussain is a graduate in Economics from the Delhi University and a fellow of the Institute of Chartered Accountants England & Wales (ICAEW). He has also attended the Advanced Management Programme at the Havard Business School.

Mr. Hussain has served as a member of the Board of Trade of India and was the Chairman of the SEBI Committee On Disclosure & Accounting (SCODA). He is on the Advisory Board of Bain (India board) and the Murugappa Group. He also serves on several Foundations and Trusts.

Shir. Luis Miranda

Independent Director

Luis  is  Chairman  of  CORO  and  Centre  for  Civil  Society.  He  is  also  actively  involved with other non-profits including SNEHA, CARE India, Educate Girls, and Take Charge. He spends his time these days connecting the dots for amazing social entrepreneurs, using his network to help the organisations he is connected with. Luis is also Senior Advisor to Morgan Stanley Infrastructure and Advisor to the Nadathur Group. Prior to this, he was involved with setting up two highly successful companies – HDFC Bank and IDFC Private Equity. He is on Chicago Booth’s Global Advisory Board and Social Enterprise Initiative’s  Advisory  Board  and  writes  a  blog  for  Forbes  India.  Luis received an MBA  from  the Booth School of Business, University of Chicago and is a member of the institute of Chartered Accountants of India.



Shri Sanjiv Chadha

Managing Director and Chief Executive Officer – (SBICAP)

Shri Sanjiv Chadha has varied experience in areas like International Banking, Credit, Subsidiary and Retail Banking. During a span of more than 32 years in the Bank, he has served in various geographical locations spread across different Circles and abroad. Presently he is posted as Managing Director & Chief Executive Officer of SBI Capital Markets Limited.

Shri Ashwani Bhatia

Managing Director and Chief Executive Officer- SBI Mutual Funds

Mr. Ashwani Bhatia is an Officer in the rank of Deputy Managing Director of State Bank of India (SBI) and is on deputation to SBI Funds Management Private Limited since July 09, 2018.

Mr. Bhatia started his career with SBI in 1985 as Probationary Officer and has varied experience in areas like Retail, International Banking, Treasury and Credit. In a span of over 34 years in SBI, he has served in various geographical locations spread across different circles and overseas. Before taking over the present assignment, he was posted as Chief General Manager in SBI and was in-charge of revamping of the Corporate Credit Structures and Processes in the Bank. Previously, he was President and Chief Operating Officer at SBI Capital Market Limited and Chief General Manager (SME) at SBI.