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State Bank of India elevated 14 chief managers as deputy managing directors (DMDs), and also elevated 30 general managers

State Bank of India has elevated 14 chief managers as deputy managing directors (DMDs), and also elevated 30 general managers as chief general managers.

New DMD levels include Arun Mehta, who is heading SBI Capital Markets; Vinay Tonse, Prabodh Parikh, Natrajan Sundar, A K Tiwari, S Salee, Rana Ashutosh Kumar Singh, and Saloni Narayan.

The number of people elevated to the DMD post was higher this year. Some of them were Padmaja Chunduru, as managing director of Indian Bank, Mrutunjaya Mahapatra as head of Syndicate Bank (now merged with Canara Bank), and Pallab Mahapatra, as MD and CEO of Central Bank of India.
Prashant Kumar, chief financial officer, moved to YES Bank as MD and CEO as part of the plan to salvage the ailing private bank.

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