New Delhi: Dinesh Kumar Khara was on Tuesday appointed managing director of State Bank of India (SBI). He is presently working as MD and chief executive of SBI Funds Management Pvt. Ltd.
The appointments committee of the cabinet has appointed Khara for a period of three years, extendable by two years after review of his performance, an order issued by department of personnel and training said.
The committee has approved appointments of four general managers as executive directors in various banks. Ashok Kumar Garg and Raj Kamal Verma have been appointed executive directors of Bank of Baroda and Union Bank of India, respectively.
Gopal Murli Bhagat and Himanshu Joshi have been appointed executive directors of Corporation Bank and Oriental Bank of Commerce, respectively, it said.