New Delhi: The Central Government has re-appointed Mr. Ashwini Kumar Tewari as Managing Director (MD) of the State Bank of India (SBI), ensuring continuity in the top leadership of the country’s largest public sector bank. The re-appointment will be effective from the date he assumes charge beyond his current notified term, which ends on January 27, 2026, and will continue until his superannuation on December 31, 2027, or until further orders, whichever is earlier.
The decision underscores the government’s confidence in Tewari’s leadership and experience, particularly at a time when SBI continues to play a pivotal role in India’s banking and financial ecosystem.
Experienced Banker with Over Three Decades at SBI
Ashwini Kumar Tewari is a career banker with more than 30 years of experience at SBI. He joined the bank in 1991 as a Probationary Officer and has since risen through the ranks, handling a wide range of assignments across India and overseas.
Over the years, he has been entrusted with several key responsibilities, reflecting his deep understanding of both domestic and international banking operations. His long association with SBI has given him extensive exposure to retail banking, international finance, operations, and technology-driven transformation.
Current Role and Key Responsibilities
At present, Tewari serves as Managing Director of SBI, overseeing critical portfolios including International Banking, Information Technology, and the bank’s Associates and Subsidiaries. His role is central to SBI’s global operations and digital initiatives, as well as the strategic management of its subsidiary businesses.
Prior to his current assignment, Tewari served as Managing Director and Chief Executive Officer of SBI Cards and Payment Services Ltd., where he played a significant role in strengthening the company’s position in India’s fast-growing digital payments and credit card market.
Strong International Exposure
Tewari brings extensive international banking experience to the role. He has previously served as the Country Head of SBI’s US operations, managing branches in major financial centres such as New York and Chicago. He has also held senior leadership positions in SBI’s international banking operations across East Asia.
Earlier in his career, he worked as Deputy General Manager (Operations & Information Systems) in the International Banking Group at Mumbai, and also headed SBI’s Cash Management operations. His experience further includes roles as Regional Manager and Branch Head, giving him a comprehensive view of the bank’s functioning at both strategic and operational levels.
SBI’s Top Management Now Fully in Place
With Tewari’s re-appointment, all four Managing Director positions at SBI are now filled. The bank is currently headed by Chairman C.S. Setty, along with four Managing Directors:
- Ashwini Kumar Tewari
- Rana Ashutosh Kumar Singh, overseeing international banking, global markets, and technology
- Rama Mohan Rao Amara, in charge of retail business and operations
- Ravi Ranjan, handling risk, compliance, and the stressed assets resolution group (SARG)
The fully staffed leadership team is expected to provide stability and strategic direction as SBI navigates evolving economic conditions and regulatory challenges.
About State Bank of India
State Bank of India (SBI) is India’s largest public sector bank, providing a wide range of banking, financial, and investment services. Established in 1955, SBI has been a pioneer in modern banking solutions and continues to play a pivotal role in financing infrastructure, renewable energy, and development projects across India. With a strong domestic and international presence, SBI remains a trusted partner for sustainable and inclusive growth.
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