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The Government of India has extended tenure of Shri Ashwini Kumar Tewari as MD of SBI. The Central Government has re-appointed Shri Ashwini Kumar Tewari, as Managing Director in State Bank of India with effect from the date of his assumption of charge of the post, beyond his currently notified term which is ending on 27.01.2026, till the date of his superannuation i.e., 31.12.2027, or until further orders, whichever is earlier.
| Name of Director | Shri Ashwini Kumar Tewari |
|---|---|
| Designation | Managing Director |
| Date of re-appointment | With effect from the date of his assumption of charge of the post |
| Term of re-appointment | Re-appointed as Managing Director in the Bank with effect from the date of his assumption of charge of the post beyond the notified term which is ending on 27.01.2026 till the date of his superannuation i.e. 31.12.2027, or until further orders, whichever is earlier |
Profile of Mr.Ashwini Kumar Tewari
Mr. Ashwini Kumar Tewari is a career banker who began his journey with SBI in 1991 as a Probationary Officer and has worked for more than three decades in India and abroad in various roles. Since 21 November 2023, he has been serving as the Managing Director (Corporate Banking and Subsidiaries) of the State Bank of India and as a Whole-Time Director. He handles Large Corporate and Commercial Credit business, along with overseeing SBI’s Associates and Subsidiaries, including major non-banking businesses such as credit cards, mutual funds, life and general insurance, capital markets, and custodial services. He also serves on the boards of these companies.
Before this role, he worked as Managing Director (Risk, Compliance and Stressed Assets) from June 2022, where he focused on strengthening climate risk management and shaping the bank’s stressed assets strategy. From January 2021, he served as Managing Director overseeing International Banking, Information Technology, and Non-Bank Subsidiaries, playing a key role in major technology upgrades in SBI. Prior to becoming MD at SBI, he was the Managing Director and CEO of SBI Cards and Payment Services Ltd., where he led important partnerships with Google Pay, Paytm, BPCL, and guided the company during the critical post-COVID period.
Earlier, he served as the Country Head of SBI’s US Operations from April 2017 to July 2020, managing offices in New York, Chicago, Los Angeles, Washington DC, and São Paulo. Before that, he was the Regional Head and General Manager for SBI in East Asia, based in Hong Kong, overseeing operations in Hong Kong, China, Japan, Korea, and nearby regions.
Throughout his career, he has held several leadership positions at SBI, including Deputy General Manager (Operations and Information Systems) in International Banking, Head of Cash Management, Regional Manager, and Branch Head. He has an electrical engineering degree and is a Certified Associate of the Indian Institute of Bankers (CAIIB), a Certified Financial Planner (CFP), and has completed a management certificate course from XLRI. He has also served on the boards of the International Institute of Bankers in New York and the University of Washington Global Bankers Program.
Mr. Tewari believes in authenticity and meaningful change. He is a keen reader with a strong interest in Indian history, science fiction, and literature. He is also an avid jogger and cricket enthusiast, and enjoys listening to old melodies of Kishore Kumar and Mohammed Rafi.
