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Rana AK Singh takes charge as MD at SBI
Rana Ashutosh Kumar Singh has assumed the role of Managing Director in charge of Risk Compliance and the Stressed Assets Resolution Group at State Bank of India (SBI), following government approval last week. Gajendra Singh Rana, previously the chief general manager of the Mumbai circle, has been appointed as Deputy Managing Director for retail and real estate. Singh's new role includes overseeing departments previously managed by former MD Alok Choudhary. The recent changes come ahead of CS Setty's appointment as SBI chairman, succeeding Dinesh Khara, whose term ends on August 28.
