Pradeep Kumar appointed as SBI managing director

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state bank of india logoNew Delhi: State Bank of India (SBI), the country’s biggest lender, has appointed P Pradeep Kumar as its managing director (corporate banking).

As one of the lender’s four managing directors, he will look after the corporate banking portfolio of the bank.

“…with effect from December 27, as per notification of government of India, P Pradeep Kumar will be the managing director and group executive (corporate banking) of State Bank of India (SBI),” the lender said in statement.

Mr Kumar, a post graduate in statistics, joined SBI in 1976 as a probationary officer and held several key assignments including the bank’s US operations.

He also served as the managing director of State Bank of Travancore, an SBI unit.

Before moving to the present assignment, Kumar was deputy managing director and group executive of the corporate banking group, which looks after corporate accounts and project finance of the bank.

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