New Delhi: The Government on Thursday approved the extension of the tenure of State Bank of India (SBI) Chairman Dinesh Khara till August next year, sources said.
The approval comes ahead of the end of his three-year tenure on October 6, 2023.
As per the Appointments Committee of the Cabinet (ACC) order, an SBI Chairman can hold the post until the age of 63 years, the sources said.
Khara attains 63 years in August next year, they said.
Besides, sources said, the ACC has also approved extension of the tenure of Ashwini Kumar Tiwari as the managing director for two years beyond January 27, 2024.
Khara did his Masters in Business Administration from Faculty of Management Studies, Delhi University and is a post-graduate in Commerce. The banker had joined SBI as a probationary officer in 1984 and has over 33 years of experience in all facets of commercial banking such as retail credit, SME/corporate credit, deposit mobilization, international banking operations and branch management.
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