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Nand Kishore Appointed MD & CEO of SBI Funds Management.

Appointment | Dated: 07 Dec 2024

SBI Funds Management Limited (SBIFM), a joint venture between State Bank of India (SBI) and Amundi, Europe's largest asset manager, has appointed Nand Kishore as the new Managing Director (MD) and Chief Executive Officer (CEO).

🎯 Key Highlights:

  • - Nand Kishore succeeds Shamsher Singh, who will return to SBI.
  • - With over 34 years of experience at SBI, Nand Kishore has worked in key banking verticals, including branch banking, international operations, treasury, investment banking, and retail.

💡 Other Important Facts:

  • (i) Prior to his appointment as MD & CEO, he served as Deputy Managing Director (Global Markets) at SBI's Corporate Centre, overseeing treasury operations.
  • (ii) Nand Kishore began his career at SBI in 1990 as a probationary officer (PO) and advanced through the ranks, holding significant positions such as Chief Dealer at SBI New York, Deputy General Manager (Interest Rate Markets), and Chief General Manager at SBI Bengaluru.
  • (iii) His extensive experience has positioned him as a strategic leader at SBI Funds Management Limited.

📚 Test Your Knowledge:

Who has been recently appointed as the MD and CEO of SBI Funds Management?

Correct Answer: Nand Kishore

🚀 Quick Recap:

About SBI

  • Chairman : Challa Sreenivasulu Setty
  • Headquarters: Mumbai