Business » Industry

Updated: October 7, 2013 22:47 IST

Arundhati Bhattacharya, first woman to head SBI

Comment   ·   print   ·   T  T  
Arundhati Bhattacharya
Arundhati Bhattacharya

Arundhati Bhattacharya, who took over as the new chairperson of the State Bank of India (SBI) on Monday, is the first woman to be appointed to the top job at the country’s largest lender. She succeeds Pratip Chaudhuri who retired on September 30.

Ms. Bhattacharya, who has been Managing Director and Chief Financial Officer since August 2013, will hold the office for three years.

Her elevation came after the glass ceiling was broken in 1996, when Tarjani Vakil took over as head of Exim Bank. Vakil’s appointment was followed by Ranjana Kumar, who was appointed Chairman and Managing Director of Indian Bank.

In recent years, Indian banking has seen a few more woman heads. Shubhalakshmi Panse, Vijaylakshmi R. Iyer and Archana Bhargav are heading Allahabad Bank, Bank of India and United Bank of India, respectively. In the private sector, Chanda Kochhar and Shikha Sharma now head ICICI Bank and Axis Bank, respectively. At the Reserve Bank of India (RBI), Shyamala Gopinath, K. J. Udeshi and Usha Thorat have all been deputy governors. Ms. Bhattacharya joined SBI as a direct recruit officer in 1977. With over three decades of experience, she has held various assignments spanning credit, forex, treasury and retail operations.

More In: Industry | Business
This article is closed for comments.
Please Email the Editor
Both the tech giants have now decided to drop the patent cases in all other countries except U.S. Photo: AP

Timeline: Apple and Samsung patent game-play

2007: Apple sued its component supplier Samsung for four design patents, which included the basic shape of iPhone. It declared that most of the South Korean Company's android phon... »
Should India restrict foreign investors in a globalised world?
Can't say






Recent Article in Industry

The Ciaz was first unveiled at the 12th Auto Expo at India Expo in Greater Noida this February. Photo: S. Subramanium

Maruti Suzuki set to launch mid-sized sedan Ciaz

Car market leader Maruti Suzuki India Ltd. (MSIL) is looking at nearly doubling the number of models to 25, including its entry into Spo... »