New Delhi: The country's largest lender State Bank of India (SBI) said on Tuesday said that Alok Kumar Choudhary has taken over charge as Managing Director for its retail business and operations.

According to an earlier order issued by the Department of Personnel & Training (DoPT), the Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for the appointment of Choudhary as Managing Director (MD) in SBI with effect from the date of assumption of office and up to the date of his superannuation i.e. June 30, 2024, or until further orders, whichever is earlier.

Earlier, Choudhary was Deputy Managing Director (DMD) for finance at the bank, a release said.

He has worked as DMD (HR) and Corporate Development Officer and also served as the Chief General Manager (CGM) of the bank's Delhi circle for three years.

The public sector lender is headed by its Chairman Dinesh Khara who is assisted by four Managing Directors. Besides Choudhary, the other managing directors are: CS Setty, Swaminathan J and Ashwini Kumar Tewari.

(With PTI inputs)

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