The Banks Board Bureau, the body entrusted with the task of the selection of the chiefs of public sector banks and insurance companies, has recommended Dinesh Kumar Khara as the next Chairman of State Bank of India.
Khara, who is currently a managing director at the bank, will take over as chairman on October 8 once the government approves the selection. The tenure of Rajnish Kumar who was appointed for a period of three years in 2017 will end on October 7, 2020.
Khara joined SBI as a probationary officer in 1984 and has over 35 years of experience in the banking industry.