Published on Aug 29, 2024
Current Affairs
Challa Sreenivasulu Setty
Challa Sreenivasulu Setty

Challa Sreenivasulu Setty assumed charge as Chairman of the country's largest lender State Bank of India (SBI) on 28 August 2024. He succeeded Dinesh Khara. Prior to becoming Chairman, Setty was the senior-most Managing Director of the bank.

 As per the convention, the chairman is appointed from a pool of serving managing directors of SBI. Usually, the senior-most managing director becomes chairman of the bank.

 Setty began his career with SBI in 1988 as a Probationary Officer.