New Delhi: Vinay M Tonse has been appointed as Managing Director (MD) of the State Bank of India (SBI) on Tuesday. He has been appointed to the post with effect from the date of assumption of office and up to the date of his superannuation, i.e. November 30, 2025, or until further orders, whichever is earlier. Presently, he is serving as Deputy Managing Director of the bank.

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"The Central Government appoints Vinay M Tonse, Deputy Managing Director (DMD), State Bank of India (SBI) 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. 30.11.2025), or until further orders, whichever is earlier.” SBI said in a regulatory filing to the stock exchange on Tuesday.

The MD post in SBI fell vacant in June after the appointment of Swaminathan Janakiraman as Deputy Governor of the Reserve Bank.

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